Author: CDS Admin (Page 4 of 11)

COLLABORATION PRIZE WINNER SPOTLIGHT – THE START-UP DRINKS LAB

We’re learning more about this year’s Collaboration Prize winners by hearing about their plans for the future in a new series of blogs.  In this blog we take a closer look at The Start-up Drinks Lab…

The two companies that form The Start-up Drinks Lab – Tongue in Peat and FOAL Drinks – are aiming to work together to solve challenges faced by drinks entrepreneurs in Scotland that result in them having to compromise on quality, cost or location.

Startup Drinks Coop Scotland, L-R Hannah Fisher, Paul Strachan

Hannah Fisher from Tongue in Peat and Craig Strachan from FOAL Drinks

When we caught up with Hannah Fisher and Craig Strachan from The Start-up Drinks Lab, Hannah (founder of Tongue in Peat) said:  “Our main focus is to establish facilities to alleviate the manufacturing challenge created by the limited number of small scale manufacturing options for start-up drink businesses in Scotland.  We plan to do this by offering a full suite of services including product development, manufacturing, packaging and business support as well as providing a small scale bottling facility with pasteurisation, carbonation, capping and canning not currently readily available in Scotland.”

The consortium’s long-term plan includes both market and service expansion. Geographically, it will focus initially on Scotland then expand into the rest of the UK, eventually aiming to grow into Europe and even North America.

“As well as benefitting from the support, manufacturing advice and guidance of Scottish Enterprise, we will use the prize money to pay the first few months’ rental, meaning we can move in and fit out the factory.  Furthermore, we will be able to purchase our first pieces of equipment and engage experts to help fit the facility out to a full operational specification,” added Craig (founder of FOAL Drinks).

Hannah said:  “I met Craig at an Entrepreneurial Spark event where we quickly discovered our businesses faced similar challenges.  We then heard about the CDS Collaboration Prize and decided to enter.

Startup Drinks Coop Scotland, L-R Hannah Fisher, Paul Strachan

“We have often talked about setting up small scale manufacturing facilities to benefit our own businesses but when going through the research process to validate our idea for the competition, we realised we were not alone in this pain point and that many great Scottish brands were forced to go down south to produce, losing that all important ‘made in Scotland’. We felt and continue to feel more passionate everyday about making sure we help Scotland and its produce by giving its producers an accessible platform.”

Craig continued: “Collaboration has been of massive assistance for my own company, FOAL Drinks, and for me personally. The anticipated cost savings by opening the lab will be of fantastic benefit, allowing us to be more competitive and provide our awesome customers with an even better offering.  Furthermore, our regular meetings and focus groups have been given a different perspective and have given us some excellent introductions, especially in the food and drink arena. This will be invaluable going forward and is especially important for start-up businesses.”

The member businesses in The Start-up Drinks Lab are:

  • FOAL Drinks, Glasgow
  • Tongue in Peat, Glasgow

COLLABORATE TO TENDER – WORKING TOGETHER TO ACCESS LARGER CONTRACTS

Collaborating with other businesses can bring a number of benefits such as improved market presence, shared resources and knowledge, and the reduction of costs and risk when exploring new markets. Increasingly businesses are also coming together as a means of accessing larger contracts.

To learn more, we spoke to CDS advisors Gill Joy and Gavin Tosh, who have collaborated together themselves to provide unique specialist support to CDS clients on collaborative tendering.

GillandGavin

Q1. Tell us a little more about yourself?

Gill: I have 30 years’ experience in business management and consultancy, focussing on collaborative projects and programmes. I set up Intend Business Development in 2006, which helps SMEs and social enterprises compete with larger national players on public sector tenders.

In 2011, Gavin and I decided to collaborate to design a new training programme for consortium bidding, working closely with the CDS team. We continue to tender jointly for various contracts where our complementary skills can add value for clients, and we have worked as CDS specialist advisors for consortium co-operatives since 2013.

Gavin: I am a practicing solicitor and started my own niche legal business in 2009 specialising in business law. Before I was a solicitor I was a contracts manager in large engineering-based companies, and was frequently involved in tendering for contracts, including collaboratively.

Q2. Why is tendering an important area for businesses, including SMEs?

Gill: £10billion worth of business is put out to tender each year in Scotland alone, with a huge number of private and third sector contracts also subject to a tendering process. These contracts will be for goods and services that smaller businesses are well placed to provide, yet so many SMEs aren’t going after them, essentially closing their doors to this enormous source of business.

Q3. What are the barriers for SMEs?

Gill: Particular barriers for SMEs include their small size, lack of specialist expertise, and limited resources to identify opportunities and prepare tender responses. Larger organisations can have in-house resources dedicated to the tendering process, but this is usually out of the question for SMEs. Small companies are encouraged by buyers to form consortia in order to bid for contracts, however, sometimes collaboration can be viewed as a barrier in itself. Most SMEs don’t really know where to start, from finding the right partners to getting a sound agreement and working together to create a winning bid.

Q4. How can collaboration help?

Gavin: By collaborating with other businesses, increased capacity and a wider range of available resources and skills make it possible to bid for larger contracts. Coming together under a single brand in a consortium co-operative can really consolidate the members’ joint offering and put them on an equal footing with larger companies pitching for the contract. With each member business focusing on its own strengths, the customer gets a team of true specialists in their respective fields instead of a larger organisation which may not be strong in all areas.

Gill: Collaboration also means more eyes out there to spot opportunities in the first place, and the costs and time involved in the tendering process are shared, making it less of a burden on smaller businesses. An added benefit of working closely with other businesses is the significant amount of organisational learning that each partner can derive from the experience.

Q5. What are the options?

Gavin: There are different ways to collaborate when tendering. The most common approach is to have a main contractor with a number of subcontractors, however, this is rarely a collaboration of equals. Subcontractors may have little say in important decisions and can be subject to the whims of the main contractor in terms of what work they get and when they are paid.

Tools and techniques to improve the position of subcontractors in this position are available, however for a truly co-operative collaboration where all parties have an equal say, there is also the consortium co-operative model.

In a consortium co-operative, members work together for a common goal whilst retaining their own brands, identities and control. Members can be limited companies, partnerships or individuals and the membership can be of any size from two businesses upwards. Each member business has an equal say on consortium activity, no matter its size, and both exiting and bringing in new partners is simple. As a recognised legal entity with limited liability, the model provides a durable yet flexible framework for collaboration.

Q6. What support is available?

Gavin: CDS’s principal form of support is called Consortium Expert Support – it is free of charge to eligible businesses and provides assistance to form a consortium co-operative. You can get in touch with CDS for more information about consortium support.

Q7. Are there any examples of successful consortium tendering?

Gill: A CDS client which has experienced success in tendering is The Wee Agency, a collaboration between a group of PR, IT and design firms to offer an integrated digital marketing service. The members were already collaborating on an informal basis, but bringing their skills together under a single brand has enabled them to successfully pitch for more ambitious contracts.

Gavin: Another consortium which has seen great results from tendering is the Community Resources Network Scotland (CRNS) Reuse Consortium, a nationwide collaboration between social enterprises managing waste resources at a local level through recycling, reuse and reduction. It won a contract from Fife Council to supply second-hand household essentials such as white goods and furniture to be given to locals on low incomes who need them, and hopes to support other local authorities in this manner in future.

COLLABORATION PRIZE WINNER SPOTLIGHT – TERRIER RISK PARTNERS

We’re taking a closer look at each of our winning collaborations over the coming weeks and learning more about their plans for the future.  In this blog we learn all about Terrier Risk Partners…

Terrier Risk Partners, L-R Tom Inglis, Alison Stone, Chris Knight

Terrier Risk Partners – Tom Inglis of Wildcat Applications and Alison Stone of 3 Minutes to Midnight

Terrier Risk Partners comprises two experienced businesses coming together to provide cyber security solutions to SME’s in order to tender for larger contracts.

Together the businesses wanted to capitalise on initiatives offered by the Scottish Government, such as the Digital Scotland Superfast Broadband, by offering expertise in the fields risk assessment, business continuity , protection and recovery

The consortium is a combined offering for firms who have identified a need to improve their ability to protect against and recover from IT related disasters.  It aims to provide a 360 degree review of each organisation’s risk exposure and then recommend solutions that are appropriate to the size, needs and budgets of their clients.

Tom Inglis from Terrier Risk Partners spoke to us:  “We strongly believes that the services we are offering are valuable to businesses and supply a solution to problems identified by the Scottish Government, industry bodies and academic research.

“Following our win, we intend to fund the creation of a brand, website and various other marketing materials.

“The business support we will receive from winning is extremely important as it will help us to grow the business. We’re hoping to work with Scottish Enterprise to explore partnership opportunities and utilise PR opportunities to help us raise our profile as well as marketing support to assist in developing the offering and positioning us in the marketplace.”

The member businesses in Terrier Risk Partners are:

  • Wildcat Applications, Edinburgh
  • 3 Minutes to Midnight, Musselburgh, East Lothian

COLLABORATION PRIZE WINNER SPOTLIGHT – Offsite Hub

We’re taking a closer look at each of our winning collaborations and learning more about their plans for the prize money.  In this blog we learn all about Offsite Hub…

Offsite Hub (Scotland)

Offsite Hub is a new consortium of firms involved in offsite construction providing leading edge technology in the industry.  It was formed following the UK Government’s release of its 2025 Construction Strategy identifying offsite construction as a vehicle for delivering improvement targets for the construction sector.

Comprising nine companies, Offsite Hub’s goal is to promote improved market awareness, address emerging skills challenges and to foster a collective approach to ongoing research and development in the use of timber construction technology.

We spoke to Calum Murray, chairman of Offsite Hub, on the win:  “Together with a number of public sector partners (such as Napier University and SDI), we are aiming to realise the full potential of Scottish Offsite Modern Methods of Construction by improving the working environment in the construction industry, reducing waste from that sector, and significantly improving the performance of buildings in terms of construction, comfort and long-term running costs.

“Support in translating ideas into practical action will be hugely useful for us and we plan to utilise this support from Scottish Enterprise.  For instance, in approaching UK wide institutions with the right message as a group, the assistance will be essential.    We are exploring other possible uses for the funding and support, including a ‘learning journey’ being proposed for Sweden next year and representation at a conference on offsite construction in Salford next year.”

The member businesses in Offsite Hub are:

  • CCG Off-Site Manufacturing, Cambuslang, South Lanarkshire
  • Alexanders’ Timber Design, Troon
  • Carbon Dynamic CLDB Ltd, Invergordon
  • MAKAR Ltd, Inverness
  • Oregon Timber Frame Ltd, Selkirk
  • Robertson Group, Stirling
  • Scotframe Timber Engineering Ltd, Inverurie
  • Stewart Milne Group, Aberdeen

COLLABORATION PRIZE WINNER SPOTLIGHT – Healthworks

We’ll be taking a closer look at each of our Collaboration Prize winners and learning more about their plans for the future. Next up is Healthworks…

Healthworks Consortium, L-R Niall Gosman, Marney Ackroyd, Karen Davidson, Kevin Dewar

Healthworks members Niall Gosman, Marney Ackroyd, Karen Davidson, Kevin Dewar

Healthworks is a new consortium formed of health and wellbeing professionals based in East Lothian.  It works in partnership with businesses to optimise their employees’ physical, psychological and personal wellbeing,

Comprising four member businesses, Healthworks offers a range of expertise in areas including physiotherapy, nutrition, psychological therapies and counselling, fitness training, behavioural risk management training and employee health assessments.  Working with businesses to identify the health and behavioural risks and barriers that prevent them from getting the best from their employees, Healthworks develops innovative, integrated health and wellbeing services and solutions that clients can ‘own’.  Each service is designed to address the unique needs and culture of the individual business and delivered in the way that best meets their needs.

Karen Davison from Healthworks spoke to us about winning the Prize:  “We are thrilled to have been selected as one of the winners and are looking forward to working together to develop programmes which will have a wide-reaching benefit for both employees and their employers. The generous prize will help us brand, package and promote our offering to get it in front of the right people, as well as enable us to develop new resources and tools to boost the services we can deliver, both face to face and online.

“Working together in this manner is beneficial for many reasons – not only does it allow us to access more opportunities and secure larger scale contracts, it also gives us all an excellent degree of professional satisfaction. Delivering a truly comprehensive service that reflects the many intricate aspects of an individual’s health and wellbeing requires a tailored approach incorporating expert knowledge and experience across a range of disciplines. We believe collaboration is the most effective way of providing this, and are hopeful that we can continue to develop our offering as we are joined by members in further areas of expertise.”

Healthworks Consortium, L-R Kevin Dewar, Karen Davidson, Niall Gosman, Marney Ackroyd

The member businesses in Healthworks are:

  • Dovetail Partnerships (North) Ltd, East Lothian
  • First for Fitness, East Lothian
  • Midlothian Physiotherapy LLP, Midlothian
  • Marney Ackroyd, Edinburgh

COLLABORATION PRIZE WINNER SPOTLIGHT – LOOK TEAM

We’re taking a closer look at each of our winning collaborations over the coming weeks and learning more about their plans for the future.  In this blog we learn all about Look Team…

Look Team is a graphic design and event branding production collaboration consisting of two already well established and successful Glasgow-based companies: EVM and Tangent Graphic.  It is focused on developing, managing and delivering wayfinding solutions for major sporting and cultural events in order to create memorable experiences for participants, stakeholders, spectators and broadcasters.

Look provided the branding and wayfinding solutions for three major events in Glasgow: the Commonwealth Games 2014, the World Gymnastics Championships 2015 and the UCI Track Cycling World Cup 2016.

The two businesses have successfully formed a consortium co-operative to facilitate pitching a total project planning and management service for other large sporting events. They plan to expand into other geographic markets across the UK and internationally.

Look (Branding & Application) L-R Andrew Stevenson, Paul Fennon

Andrew Stevenson and Paul Fennon of Look Team

We spoke to Paul Fennon from Look Team about the consortium:  “We wish to enter international markets based on our unique set of skills and capabilities including bid development, project management, risk mitigation and logistics planning, creative and branding development, art working, manufacturing, installation and de-rigging.

“Our offer is different to those offered by our competitors in that we provide an end-to-end service including the branding and creative approach tailored for specific events. This enables us to create a unique sense of ‘time and place’ for each event which allows us to effectively create more memorable experiences for everyone involved.  We believe this unique approach is one of the main reasons we were successful in our bid for the World Gymnastics Championships and the UCI Track Cycling World Cup.

“The cash and support from winning the Collaboration Prize will help us achieve a number of goals, beginning with in-depth research of the global sporting events market and investigating the best way to scale our operation internationally. The commission of a bespoke Inventory Management System for managing and tracking event Kit of Parts (KOP) will help us to streamline our services and increase efficiency, giving us a competitive edge when tendering for contracts. We also plan to get in front of the right people by identifying and attending major international trade shows, allowing us to forge potentially lucrative relationships and explore significant business development opportunities.

“Our intention is to manage tasks by appointing individuals and teams on a ‘needs must’ basis. At the moment EVM and Tangent have clearly defined skill sets; Tangent for branding and creative development and EVM for project management, manufacture, production and installation. As such, managing the current workload within the co-operative is very much business-as-usual, punctuated by regular weekly project meetings. A monthly meeting of the co-operative’s partners enables us to discuss planning for growth and more strategic matters.

“Forming the consortium enables us to deliver a unique service which is usually provided by two distinct companies. Working so closely together means we can combine our expertise and push creative and technical boundaries in ways that others in our field don’t. Having achieved a significant degree of success on a national level, our ambition now is to mirror that success internationally and we look forward to the doors that collaboration will open.”

EMPLOYEE OWNERSHIP TAKES BRIGHT ASCENSION TO INFINITY AND BEYOND

Dundee and Edinburgh based experts in space technology, Bright Ascension, which specialises in software products and services for satellites, has recently announced its plans to become Scotland’s latest employee owned business. 

The company, which was instrumental in the workings of the first ever Scottish satellite to rocket its way to space in 2014, was founded five and a half years ago by Dr Peter Mendham.  Dr Mendham recognised the potential for creating a business specialising in software for satellite development, mission control and operations.  Bright Ascension now has a workforce of nine staff and had a turnover of £314,000 last year, including profits of £27,000.

Dr Mark McCrum, who joined Bright Ascension a year after it started and is now technical director, discusses the decision to move to employee ownership and his experience of the transition…

Bright Ascension company, Edinburgh, 14/03/2017: Bright Ascension founder director Peter Mendham (correct, bottom), with technical director / software engineer Mark McCram and a satellite launch control board. Photography for Cooperative Development Scotland / Scottish Enterprise from:  Colin Hattersley Photography - colinhattersley@btinternet.com - www.colinhattersley.com - 07974 957 388

Dr Mark McCrum, technical director at Bright Ascension

In order to help meet plans for growth and to continue developing and creating innovative products, we started investigating the possibility of employee ownership in 2013 through an initial consultation with Co-operative Development Scotland.

We met with a CDS advisor who explained employee ownership and that this might open up investment opportunities for the business. CDS introduced us to Capital for Colleagues, an investment vehicle focused on employee ownership and an appropriate package was developed.

As well as the need for investment we were interested in employee ownership because it seems like the fairest way to structure the ownership of a company. In order to build a world class company we need to attract, retain, motivate and harness the best talent in the field and adopting an employee ownership model allows us to do that.

Our staff have been receptive and enthusiastic to the changes so we are currently in the process of setting up an Employee Benefit Trust with an initial 20% holding of the company. The shares are being gifted by the current owners which is happening in conjunction with an investment by Capital for Colleagues.

Bright Ascension company, Edinburgh, 14/03/2017: Bright Ascension founder director Peter Mendham (correct, centre left) and technical director / software engineer Mark McCrum (centre right), with software engineers Alex Mason (left) and Ed Willson (correct). Photography for Cooperative Development Scotland / Scottish Enterprise from:  Colin Hattersley Photography - colinhattersley@btinternet.com - www.colinhattersley.com - 07974 957 388

The Bright Ascension team

Before moving to employee ownership, our main priorities were to upscale the business by attracting investment and then fully engage our employees to drive performance within it. Employee ownership has allowed us to achieve both of these goals and all nine of our staff members now have a meaningful stake in their company and its future success.

CDS provided invaluable guidance and support to Bright Ascension throughout the employee ownership transition. If you would like to find out more about how your business could benefit from employee ownership in the same way that Bright Ascencion has, please get in touch with one of our expert advisers who will be happy to help.

WINNERS OF COLLABORATION PRIZE ANNOUNCED

Six new Scottish consortia are celebrating after winning a share of the £60,000 Collaboration Prize.

Launched for entries in September 2016, the Collaboration Prize attracted a record number of responses from across Scotland.  It was delivered by Co-operative Development Scotland on behalf of Scottish Enterprise and Highlands and Island Enterprise in partnership with Business Gateway and the Scottish Chambers of Commerce.

Each of the winning collaborations will receive £5,000 to implement their collaborative idea, advice to set up as a consortium co-operative, up to £5,000 business support and export advisor support where appropriate. 

Below Co-operative Development Scotland director Sarah Deas gives a brief introduction to each of our winners and a summary of their collaborative idea. Over the coming weeks, we’ll be taking a closer look at each of our winning collaborations and learning more about their plans for the future.

Accessing new and international markets was a specific focus of this year’s competition and we awarded two of the six prizes to consortia which demonstrated particularly strong international ambitions to be delivered via the collaboration.

Made in Scotland, which has members across the country, is a collaboration of eleven Scottish companies involved in the food and drink sector.  The consortium offers a range of products including salmon, cheese, cakes and charcuterie as well as craft gin, craft beer and whisky. The collaboration will enable member businesses to offer the basket of Scottish produce to lucrative overseas markets by pooling together their resources and experience, both intellectually and financially.

Made In Scotland Collaborative Export Solutions team members

We spoke to Willie Cameron from Made in Scotland on winning the Prize and he said:  “It is fantastic news to hear we have been successful. The money and support will enable us to access expert advice on marketing food and drink on a global scale, as well as allowing us to develop our brand and create a website with e-commerce functionality. This will help us to really get our name and offering out there on a magnitude that would be far more difficult for us to achieve as individual companies.

“Not only does working together enable us to reach an international customer base as a whole, it also encourages us to support each other by highlighting new opportunities that we think will benefit individual members.  By continuing to collaborate, we aim to further boost Scotland’s global reputation as a producer of some of the finest food and drink in the world, hopefully attracting more of the country’s like-minded, quality producers to join us along the way.”

We also caught up with Paul Fennon from Look Team about how winning the prize. He said: “The cash and support will help us achieve a number of goals, beginning with in-depth research of the global sporting events market and investigating the best way to scale our operation internationally. The commission of a bespoke Inventory Management System for managing and tracking event Kit of Parts (KOP) will help us to streamline our services and increase efficiency, giving us a competitive edge when tendering for contracts. We also plan to get in front of the right people by identifying and attending major international trade shows, allowing us to forge potentially lucrative relationships and explore significant business development opportunities.

Look (Branding & Application) L-R Andrew Stevenson, Paul Fennon

“Forming the consortium enables us to deliver a unique service which is usually provided by two distinct companies. Working so closely together means we can combine our expertise and push creative and technical boundaries in ways that others in our field don’t. Having achieved a significant degree of success on a national level, our ambition now is to mirror that success internationally and we look forward to the doors that collaboration will open.”

The response to this year’s competition has been fantastic and as a result we have six brilliant winning consortia, all of whom will be using the support and funding they won to structure their consortiums, develop their business ideas and access new markets.

Through the Prize the aim is to inspire businesses to be innovative and consider collaboration as a means to achieve growth.  By collaborating businesses can reduce costs, share risks and create new platforms for growth.

The other Collaboration Prize winners were:

Healthworks Consortium, L-R Niall Gosman, Marney Ackroyd, Karen Davidson, Kevin Dewar

  • Healthworks: a team of health and wellbeing professionals that have come together to help businesses optimise their employee’s physical, psychological and personal wellbeing. The new venture will create innovative, bespoke health and wellbeing services that are truly integrated.Startup Drinks Coop Scotland, L-R Hannah Fisher, Paul Strachan
  • The Start-Up Drinks Lab: a collaboration by two innovative soft drink businesses who aim to work together to solve manufacturing challenges faced by drinks entrepreneurs in Scotland. The focus is to establish accessible manufacturing facilities that meet the small scale production requirements of start-up drink businesses.Terrier Risk Partners, L-R Tom Inglis, Alison Stone, Chris Knight
  • Terrier Risk Partners: three experienced businesses coming together to provide cyber security solutions allowing them to tender for larger contracts such as the opportunities offered by the Scottish Government and partners, such as the Digital Scotland Superfast Broadband.  Their joint expertise includes risk assessment, business continuity, protection and recovery.Offsite Hub (Scotland)
  • Offsite Hub: This collaboration comprises nine companies involved in off-site construction. Following the UK Government’s 2025 Construction Strategy identifying off-site construction as a vehicle for delivering improvement targets for the construction sector, the Off-Site Hub Scotland was formed to promote improved market awareness, address emerging skills challenges and to foster a collective approach to ongoing research & development in the use of timber construction technology.

 

Attracting and Retaining Staff Through the Employee Ownership Model

Beyond salary, what can businesses offer to entice new employees and make them stay?

Our director Sarah Deas explains how the employee ownership model, and the many benefits it brings, can be a great attraction for prospective employees and an effective means of inspiring, engaging and rewarding existing employees.

11/12/15 - 15112301 - SCOTTISH ENTERPRISEGLASGOWSarah Deas

“Statistics consistently demonstrate that employee-owned businesses outperform their non EO counterparts in terms of increased productivity, higher levels of profitability and improved business resilience during times of recession.   Feeling truly part of a business and sharing in its success undoubtedly helps employees feel engaged and valued.  It attracts new talent and limits staff turnover.  Clients also benefit from enhanced customer service.

 “Interestingly, recent research reveals that millennials value many characteristics of the employee ownership business model, such as profit sharing and personal development, more than previous generations *.

 “The employee ownership model is suited to any organisation, large or small, at any stage of its development and in many different sectors.   Key employee-owned businesses in Scotland include: John Lewis Partnership, Aquascot and Novograf.

“Succession is often a catalyst for adopting employee ownership, as business owners look to exit and get a return on their investment but want to safeguard valued employees and ensure their business stays rooted in the local community.    

 “We are seeing a growth of interest in employee ownership year-on-year, keeping us on track for achieving our aspiration of a tenfold increase in employee-owned businesses in Scotland over a ten year period.  Since 2009, the number of employee-owned businesses headquartered in Scotland has more than tripled.

  “Support is available to businesses looking to adopt this model.  This is delivered by specialist advisers who help owners decide on the best model of employee ownership for their businesses.  They undertake a feasibility study and provide a written report outlining potential ownership structures, governance systems, engagement mechanisms and funding options.  This allows owners to decide whether to proceed to implementation of an employee ownership structure.

 “Should the EO Feasibility Study convince clients to proceed with a project then CDS can provide partial grant support for advisory work associated with the transition process.”

 * (Source:  ‘Busting the Millennial Myth – the Power of Purpose’, Fieldfisher and the eaga Trust).

If you would like to learn more about how employee ownership could benefit your business, please get in touch and have a chat with our expert advisers.

Collaborate to access new markets

Karen McLeod manages the export advisory service at Scottish Enterprise, providing support to help Scottish Businesses trade overseas.

Last year a record number of Scottish businesses, large and small, started thinking globally and branched out overseas.  We spoke to Karen to find out why it’s important to consider selling internationally and the ways in which you can do it successfully.

Why is exporting important? 

Overseas markets have become increasingly important to the Scottish economy and in 2015 Scotland’s international exports were valued at £28.7 billion*, a 3.6% increase from 2014.

Our research shows that many overseas markets are underserved and there is demand for Scottish products and services internationally. This, paired with the fact that SDI supported 2,500 businesses to export last year, shows that there is opportunity and the ambition for exporting to continue to grow.

What are the benefits?

Trading abroad can boost your profile, credibility and bottom line.  That applies whether you’re trading with established markets such as the EU and USA, or high-growth markets like Brazil, China, India, Colombia and Vietnam.

International markets like these offer you access to new customers, revenue and ideas. Crucially, they enable you to spread your business risk, increase the commercial lifespan of your products and services and secure economies of scale which are not always possible at home. In fact, exporting is now considered essential for Scottish businesses that want to safeguard future growth.

The figures are compelling, showing that those firms that choose to export become 34% more productive in their first year** while those already exporting achieve 59% faster productivity growth than non-exporters**, positively impacting on staffing and financial performance.

Doing business overseas brings further benefits such as fostering ideas for new products and services. Once a company has ‘dipped their toe’ into a new market this in turn tends to increase confidence and ambition and provides the momentum for further growth through exporting.

What are the barriers and how can you overcome them?

Exporting can seem daunting to smaller businesses and the thought of going it alone can often be off putting and seen as high risk.  Collaborating with others can be a way to address those risks and make the most of the opportunities that exporting brings.

How can collaboration help businesses access international markets?

Businesses can collaborate using the consortium co-operative business model. This model allows businesses to come together for a shared purpose; to buy or sell in scale, market more effectively, share facilities or jointly bid for contracts. Collaborative activity can include the creation of a portfolio brand for export, consolidated shipping and joint e-commerce activity.

Made In Scotland Collaborative Export Solutions team members

Made In Scotland: Collaborative Export Solutions team members

A good example of businesses successfully adopting this approach is recent Collaboration Prize winner Made in Scotland: Collaborative Export Solutions, a collaboration of eleven companies involved in the luxury food and drink sector. Selling a range of products including salmon, cheese, gin and whisky, the member businesses pool together their resources and experience to extend their offering to the lucrative overseas market. Among the members is an e-commerce and logistics firm, giving valuable insight into this aspect of exporting.

 

To find out more about the support available to help you collaborate and access international markets, visit here.

Sources:
*Export Statistics Scotland 2016
**UK Government UK Trade & Investment research publication – Bringing home the benefits: how to grow through exporting

Employee ownership is the perfect fit for Bentleys

Bespoke joinery manufacturer and interior fit-out specialist, Bentleys Shopfitting Ltd, is the latest business in Scotland to adopt an employee ownership model.

Established in 1987, the Dundee-based company specialises in the management and completion of interior fit-out projects, creating high quality bespoke furnishings at its in-house manufacturing facility.

Bentleys Shopfitting Ltd, Dundee

Bentleys Shopfitting Ltd, Dundee

It has evolved from specialising in the retail sector to expanding its expertise across the education, leisure, hospitality, corporate, residential and oil and gas sectors, with notable projects including The Old Course Hotel and Spa in St Andrews, Gleneagles Hotel in Auchterarder and the Balmoral and Sheraton Grand Hotels in Edinburgh.

With turnover in the current financial year expected to exceed £8m, Bentleys’ three directors were keen to continue the trend in growth since the recession.

CDS guided and supported Bentley’s transition to employee ownership, providing expert advice on the implementation of the new ownership structure. Director Sarah Deas said: “2016 has been a tremendous year for transitions to employee ownership as more companies recognise its effectiveness in harnessing the effort of employees, preserving company ethos and rooting businesses in the local area. It’s an exciting time for Bentleys and I wish the company well as it joins the thriving and dynamic EO community.”

Managing director Alan Walker discussed why the company decided make its transition to EO:  “We wanted a succession plan which would allow us to continue in the business over a period of years whilst supporting a management team that will continue to drive the business forward.

“The involvement of all employees in the ownership of the business will be a major boost going forward.  In addition to our 50 staff we have a network of local suppliers and subcontractors who rely on our business. Other options were considered but the priority of the board was to ensure the business remained local.

Bentleys Shopfitting Ltd, Dundee photographer Fraser Band     07984 163 256 www.fraserband.co.uk

An Employee Ownership Trust will now buy the shares from the shareholders and hold these on behalf of the employees.  Tax incentives will be available to allow the employees to invest in the company.

If you would like to learn more about how employee ownership could benefit your business, please get in touch and have a chat with our expert advisers.

Collaborate to access new markets

Karen McLeod manages the export advisory service at Scottish Development International (SDI), the international arm of Scottish Enterprise.  SDI offers support to help Scottish Businesses trade overseas

Last year a record number of Scottish businesses, large and small, started thinking globally and branched out overseas.  We spoke to Karen to find out why it’s important to consider selling internationally and the ways in which you can do it successfully.

Why is exporting important? 

Overseas markets have become increasingly important to the Scottish economy and in 2014 Scotland’s international exports were valued at £27.5 billion*, a 17.3% increase from 2010.

Our research shows that many overseas markets are underserved and there is demand for Scottish products and services internationally. This, paired with the fact that SDI supported 2,500 businesses to export last year, shows that there is opportunity and the ambition for exporting to continue to grow.

What are the benefits?

Trading abroad can boost your profile, credibility and bottom line.  That applies whether you’re trading with established markets such as the EU and USA, or high-growth markets like Brazil, China, India, Colombia and Vietnam.

International markets like these offer you access to new customers, revenue and ideas. Crucially, they enable you to spread your business risk, increase the commercial lifespan of your products and services and secure economies of scale which are not always possible at home. In fact, exporting is now considered essential for Scottish businesses that want to safeguard future growth.

The figures are compelling, showing that those firms that choose to export become 34% more productive in their first year** while those already exporting achieve 59% faster productivity growth than non-exporters**, positively impacting on staffing and financial performance.

Doing business overseas brings further benefits such as fostering ideas for new products and services. Once a company has ‘dipped their toe’ into a new market this in turn tends to increase confidence and ambition and provides the momentum for further growth through exporting.

What are the barriers and how can you overcome them?

Exporting can seem daunting to smaller businesses and the thought of going it alone can often be off putting and seen as high risk.  Collaborating with others can be a way to address those risks and make the most of the opportunities that exporting brings.

Collaboration for international markets

Businesses can collaborate using the consortium co-operative business model. This model allows businesses to come together for a shared purpose; to buy or sell in scale, market more effectively, share facilities or jointly bid for contracts.

There are good examples of Scottish consortiums already collaborating on international strategy.  Examples of shared activities include creation of a portfolio brand for export, consolidated shipping and a joint e-commerce activity.

Winning support with the Collaboration Prize

We are supporting this year’s Collaboration Prize which encourages firms to think collaboratively and pitch an idea for a new collaborative enterprise that will help them to access new markets. This could be a new sector or a geographical market including international markets.

The winners selected by the judging panel will receive £5,000 (to implement their collaborative idea), support to set up as a consortium co-operative, up to £5,000 business support (delivered by Scottish Enterprise or Highlands and Islands Enterprise) and access to export advisor support from my team.  This includes a wide variety of services such as:

  • an export advisory service, backed by international trade advisers, offering tailored support and guidance;
  • online tools to help you create an export plan;
  • and business intelligence from 43 global offices as well as events to explore opportunities and network with valuable contacts.

The Collaboration Prize is being delivered by Co-operative Development Scotland on behalf of Scottish Enterprise and Highlands and Island Enterprise in partnership with Business Gateway and the Scottish Chambers of Commerce.

 

Sources:

*Scottish Government Export Statistics Scotland 2014 publication – click here to read.

**UK Government UK Trade & Investment research publication – Bringing home the benefits: how to grow through exporting click here to read.

Collaboration: a step-by-step guide

Jaye Martin, CDS specialist advisor

Collaborating with others can be a highly effective way for a business to achieve growth, access new markets and drive innovation whilst sharing the associated costs and risks.

The Scottish Enterprise Collaboration Prize 2016/17 is currently open for entries and aims to raise awareness of the collaboration route among Scottish businesses.

The Prize is a fantastic opportunity for aspiring collaborators, and exploring the prospective benefits of forming or joining a consortium is highly encouraged in order to help businesses of all sizes reach their full potential.

However, when it comes to forming or joining a consortium, what should a business consider? How does the process work and what are the specific benefits that can be delivered?

Here, CDS specialist advisor Jaye Martin shares a brief step-by-step guide to consortium working to help you determine whether or not collaboration is right for your business.

Step 1: Identify barriers to growth

For many small and micro-enterprises, lack of scale, time, finance or resources can all be barriers to accessing new markets, tendering for larger contracts or simply marketing services, and therefore barriers to growth.  These challenges will be familiar to many businesses, particularly those with small teams or those who provide unique or niche products and services.

Step 2: Look for a potential solution

Teaming up with other like-minded businesses and forming a consortium is an excellent way to break down these barriers. Suitable for businesses of all sizes operating in any sector, this model can help businesses grow by reducing the costs and risks associated with tackling new markets and investing in new products and services. It can also enable businesses to share resources such as back office functions and premises. Meanwhile, member businesses are able to retain their own brands, independence and control. You can find out more here.

Step 3: Find collaborators

Carefully identifying like-minded businesses to work with is crucial. Trust is a key factor. It can help if the businesses have worked together informally before. In most cases, member businesses operate in similar or complementary fields, although a lot will depend on the rationale for collaboration. You can read about the experience of a number of successful consortia here.

Step 4: Choose the right structure

The consortium co-operative model is an effective collaborative business structure. In simple terms it is an organisation run in a shared and equal way by and for the benefit of its members. Members are independent businesses and the consortium can be for any purpose which supports them, for example marketing, tendering, innovating or exporting. Co-operative Development Scotland has a track record in helping businesses and we’d be happy to help you explore the options. You can contact us here.

Step 5: Benefit from your collaboration

Collaborating can be a real game-changer for businesses. For example, one of last year’s Collaboration Prize winners, Ecosse from Above, was founded by three aerial photography companies and a web developer who wanted to create an online library providing high-quality aerial footage and images of Scotland at a reduced cost. Ecosse from Above has since built a library of over 5,000 high quality images and 500 affordable films from across the Scottish landscape which has grabbed the attention of tourism bodies such as VisitScotland as well as television and video production companies from all over the world.

Fellow winner ArchBlue Ltd, was founded by four organisations involved in providing complementary services to the heritage sector including 3D measuring and modelling, archaeological recording and visualisation, conservation planning and 3D printing. Working collaboratively has enabled the businesses to provide customers with a comprehensive approach to heritage site management as well as engaging methods of communicating a site’s story to the public. The consortium used its prize winnings to add strength to tender submissions and establish a brand identity.

As well as supporting businesses to access new markets, share risks and costs and develop new products or services, many businesses involved in consortium working also report increased confidence, better business connections, improved knowledge-sharing and an enhanced profile.

The benefits are tangible and numerous – and definitely worth exploring when considering the future of your business.

For more information about the Collaboration Prize, including how to enter and requesting an application pack, visit here.

Climbing to success with employee ownership

Peter Will, managing director of Tayplay

Scotland’s latest business to become employee-owned is Perth-based Tayplay, a manufacturer of rope, playground and climbing equipment for the playground and leisure industry. Since it was founded in 1994, it has developed into the UK’s leading supplier of rope playground equipment, shipping hundreds of products worldwide and turning over £2million annually.

Last month’s move to an employee-ownership model has seen Tayplay’s 14 members of staff given the opportunity to become owners in the business. Managing director Peter Will discusses why the company decided to go down the EO route and shares his experiences of the transition process. 

Following the recession we experienced a difficult trading period and we were considering a trade sale.  However, we could not agree terms and after a strategic review we decided to look more closely at the employee ownership business model.  Co-operative Development Scotland then conducted a feasibility study and we quickly discovered employee ownership ticked all of our boxes.  No other options were even seriously considered at that stage.

Our EO journey started in 2014 and so far we have been able to meet all of our targets in terms of the sale price, timescales and the fact we’ve been able to retain the business in Perth.  EO is the ideal solution for retiring owners who want to preserve the ethos of the business and retain employment locally.  It is also a reward for the staff as we wanted to recognise the contribution and commitment they’ve made to the company’s success.

An Employee Ownership Trust has acquired a controlling interest in the company and will hold these shares on behalf of the employees, with the view that our employees will eventually own 100% of the company.

We spent quite a bit of time working with specialist advisors at CDS, undertaking meetings with the staff to help them understand the concept of employee ownership.  Our employees now really believe in the new model and we expect the degree of buy-in to increase now that the deal has gone through.  As the employees begin to see and feel the reality of EO we expect their commitment to the company will grow and it will make recruitment easier.

The Tayplay team

CDS guided and supported Tayplay’s transition to employee ownership, providing expert advice on the implementation of the new ownership structure. If you would like to learn more about how employee-ownership could benefit your business, please get in touch and our expert advisers will be happy to chat with you.

Happy partners make for better business at John Lewis Partnership

David Jones started working for John Lewis Partnership as a Graduate Trainee in 1982. Since then he has held a number of roles, including running several Waitrose stores and some time as Waitrose’s Supply Chain Director.  His current role is Partnership Registrar, in which he is tasked with ensuring the business upholds the principles of the partnership. David gives some background to the Partnership’s employee ownership model, and how putting the happiness of the partners first makes for better business.

david-jones-by-jeff-hopkins-resized

David Jones, John Lewis Partnership

“John Lewis Partnership has not always been employee-owned.  The son of the founder, John Spedan Lewis, decided it was unacceptable that his family made more from the business than all other employees combined. His objection wasn’t just moral; he felt it was bad for business.

Spedan’s view was that if he created a more successful business that reinvested in itself, took a long term view, gave everybody a voice in how it was run, and actively contributed more to community and society, then more people would want to spend money in his shops.   In 1929, he sold his shares to a trust, that would hold the shares on the employees’ behalf, and he was repaid for these shares over the next 30 years.

John Lewis Partnership now has almost 400 shops, 90,000 employees and gross annual sales of over £11 billion.  The Partnership employs 3200 people in Scotland. There are seven Waitrose stores as well as John Lewis shops in Aberdeen, Edinburgh and Glasgow.  We also have a customer contact centre in Hamilton.  We support many Scottish companies in our supply chain.  Quality of produce is paramount for Waitrose, and we are pleased to support many Scottish producers. Indeed, Stoat’s Porridge and Mo’s Cookie Dough are two Scottish companies who started out selling products in Waitrose, and have gone on to be national businesses.  We build long term strategic partnerships with our suppliers, and are proud to have been working closely with Aquascot so closely for many years.  I’m thrilled the firm has also adopted the employee ownership model.

As Partners in the business, our employees share the rights and responsibilities that employee ownership entails. This doesn’t mean that everyone is involved in every decision the business makes – we couldn’t function like that.  What it means is that they hold our leadership to account for the decisions they take.  We have 5 employees elected to our Partnership Board. These employees do not have management or executive responsibilities; they are there to provide the link with our partners and to test and probe the management. We have a democratically elected Partnership Council that ensures the business is run for and on behalf of the partners. The Council shares the views of the Partners on key issues and makes recommendations on policy.   The Partnership Council has the authority to remove the Chairman – although I’m pleased to say this has never happened!

Our Partners are rewarded for their commitment. The Partnership’s profit , after investment is distributed to Partners. This can be through pay, discounts subsidised leisure or learning. Each year we announce our annual bonus, which in 2016 amounted to 5 weeks’ salary for each Partner. Fairness is a key value and each member of staff receives the same percentage of salary in their company bonus. The same bonus is paid to employees whether they work in John Lewis, Waitrose or one of the other companies.  If John Lewis has a bad year, and Waitrose do exceptionally well, one balances the other.  This is the dual strength of our model.

John Lewis Partnership can never be sold, which gives us a powerful competitive advantage.  Because we have no option to sell our shares and invest elsewhere, each of our 90,000 partners has a strong incentive to throw all their energy and passion into making this year better than the last.

And it works. In a ferociously competitive sector, where we’ve seen the demise of high street brands such as Woolworths, BHS, Comet and others, we have not only survived, we’ve thrived.  Employee ownership is fundamental to our commercial success.  If we are to build a more diverse, sustainable and inclusive economy, we need to see more companies choose employee ownership.“

David Jones is speaking at a breakfast seminar on 20th October 2016 hosted by Highlands and Islands Enterprise at their Inverness offices. More information can be found here.

The Collaboration Prize is now open for entries


collabprize-1617-logo
Scottish Enterprise director Sarah Deas discusses the Collaboration Prize and why businesses should enter.

We are pleased to announce that the Collaboration Prize 2016/17 in partnership with Business Gateway and Scottish Chamber of Commerce is now open for entries.

We want to encourage firms to think collaboratively and pitch an idea for a new enterprise that will help them to access new markets. This could be a new sector or a geographical market including international markets. With the winning entrants receiving £5,000 cash and up to £5,000 business support to bring their idea to life.

To be eligible to win businesses must be based in Scotland, have an innovative idea they would like to implement by setting up a consortium co-operative and have identified other like-minded members for the consortium.

Consortia are established when businesses come together for a shared purpose; to buy or sell in scale, market more effectively, share facilities or jointly bid for contracts.  By collaborating businesses can reduce costs, share risks and create new platforms for growth.  Members could be businesses, partnerships or individuals, and the co-operative may be for any purpose which supports the members.

The competition this year has a particular focus on consortia accessing new and international markets. Two of the five prizes will be awarded to those consortia who demonstrate strong international ambitions to be delivered using collaboration. As part of their prize the winners will be able to access export advisor support where appropriate.

At CDS we think the Prize offers a great opportunity for businesses to harness the benefits that emerge through collaboration. Working with others can help businesses grow, and reduce the costs and risks of tackling new markets or investing in new processes.

In our experience collaboration can make a company better at what it does. Whether it’s about sharing resources or finding new markets, collaboration can bring efficiency and lead to increased profits.

For more information about the Scottish Enterprise Collaboration Prize visit the website.

 

Learn more at our FREE event

We’re running a series of FREE events this Autumn on employee ownership for interested businesses.  Please find below details for our forthcoming event.

To book your place at any of our events, register online at www.scottish-enterprise.com/cds-events or call 0300 013 3385.

Sharing ownership: the employee stake

Date:                5 October 2016

Time:                9:30am to 1pm

Duration:          3 hours

Admission fee: Free

Venue:             Apex Waterloo Place Hotel, 23-27 Waterloo Place, Edinburgh EH1 3BH

Eligibility:         Open to all Scottish businesses and professional advisers with an                                   interest in employee ownership.

This event explores how to assess and improve employee engagement, and how shares can be used to reinforce and reward employee commitment and contribution.

Engaged employees make for a happier, more productive workforce.  Evidence demonstrates that company performance improves when employees have a stake in the firm.  Our workshop has been designed to help you improve employee engagement in your company.

Dean Hunter of Hunter Adams and Rodger Cairns of Shepherd & Wedderburn will lead a session on how to create the right scheme for your company and the pitfalls and success factors to consider.

What’s covered?

  • Ways to assess and improve employee engagement
  • How shares can be used to reinforce and reward your employees efforts

Speakers

Lirrie Craig, a member of Scottish Enterprise’s workplace innovation team, will explain the factors that enhance employee engagement within companies.

Dean Hunter, founder and managing director of Hunter Adams, will talk through why he divested 30% of his shareholding into the hands of employees.

Dean Hunter, founder and managing director of Hunter Adams

Dean Hunter, founder and managing director of Hunter Adams

 

Rodger Cairns, Scotland’s leading expert on share schemes, will explain the variety of options available and how to decide which scheme fits for you. Rodger will also talk about the importance of effective communication to the workforce when launching any kind of share plan.

Agenda

9.30am Registration and coffee
10am Welcome
10.15am Achieving employee engagement – Lirrie Craig, Scottish Enterprise
10.35am Giving employees a stake in the business – Dean Hunter, Hunter Adams
10.55am Shares as an engagement tool – Rodger Cairns, Shepherd & Wedderburn
11.30am Q&A
12pm Networking lunch
1pm Close

Register for this event

 

Engaging employees through innovative approaches to governance

11/12/15 - 15112301 - SCOTTISH ENTERPRISEGLASGOWSarah Deas

Scottish Enterprise director Sarah Deas discusses how boosting employee engagement can help drive business success.

When a business changes ownership, major changes can sometimes be expected.  The new owners may want to do things differently and fresh insight combined with new ambitions and goals can lead to significant restructure within a company. This can present a great opportunity to assess how well the company functions and drive changes that can lead to a more effective and efficient operation.

A good example of this is market-leading search and selection firm, Saxton Bampfylde, which undertook a radical shift when it switched to an employee ownership model. We spoke to Peta Hay, the managing director for Scotland, about the company’s experiences since.

“The traditional ways of making decisions and exercising authority didn’t fit with who we are as a business.  Now we’re owned by our employees, everyone has a right and an interest in how the business is governed and led. That had to be reflected in our governance framework.”

Peta Hay

Peta Hay, managing director for Saxton Bampfylde in Scotland

The company’s shares are held in an Employee Ownership Trust; a shareholding vehicle designed specifically for employee-owned firms.  The employees are effectively the beneficiaries of that trust and the trust becomes the major shareholder in the business.  This Trust is controlled by Trustees, and three of these Trustees are elected by the employees.  The company’s Board appoints the rest of the Trustees.

Another business that has embraced employee ownership is award-winning architecture practice Page\Park, which transitioned from a traditional partnership model to an employee ownership one in 2014. Since then, the company has recruited twelve new staff. We spoke to Karen Pickering, chair of Page\Park’s Board of Directors, for some insight into how the model has rejuvenated the business.

FREE FIRST USE Lenny Warren / Warren Media 07860 830050  01355 229700 lenny@warrenmedia.co.uk www.warrenmedia.co.uk All images © Warren Media 2016. Free first use only for editorial in connection with the commissioning client's press-released story. All other rights are reserved. Use in any other context is expressly prohibited without prior permission.

Scottish Enterprise director Sarah Deas (centre) with Andrew Bateman, managing director, and Karen Pickering, chair of the board of directors, at Page\Park

“Sustainability is a key feature of our architecture and that sustainability is what we wanted to replicate in our business model.  I believe we have. Our model has allowed our people to exercise their creativity and we are seeing greater innovation that is being driven by the team as a whole rather than coming from the top down.  Our employees are real owners and that brings with it greater engagement, productivity and energy.”

It is clear that there is no universal solution when it comes to good governance, and the key lies in implementing what works best for the specific needs of an individual business. However, something that all businesses should get on board with is the practice of periodically reviewing the company’s structure to ensure that the existing model is the most beneficial to the business and its employees.

Getting this right is integral to enhancing engagement among employees and harnessing their collective talents, a strong foundation from which a business can build lasting success.

If you would like more information on how you can improve employee engagement within your organisation, Scottish Enterprise will be running the below free events. To book your place, register here or call 0300 013 3385. Alternatively, give us a call and we can arrange a chat with one of our expert advisors.

SE Events table 2

Click to expand

 

 

 

Sarah Deas discusses EO Day 2016

Today (1 July) is EO Day (Employee Ownership Day) and with 16,000 employers in Scotland looking to transfer ownership in the next five years, we’re urging business owners to explore employee ownership as a viable succession route.

Throughout Scotland’s business community, the benefits of employee ownership (EO) as a driver for growth are becoming increasingly recognised.  EO can be implemented not just as a succession solution for long-term stability, but as a catalyst for sustainable business growth.

The advantages of employee ownership have been proven in Employee Ownership Association-led research, and include improving employee health and wellbeing, increasing productivity and fostering creativity and innovation across an array of industry sectors.

By having a stake in the business, employees have a vested interest in increasing productivity and driving innovation.  This sense of ownership leads to employees being more willing to contribute ideas, from developing new products to identifying new markets.

Many employee owned businesses in Scotland chose to sell to an employee ownership trust with the vendors being paid the value of their business from current and future earnings.  That way business owners receive a fair price for the company and employees don’t have to dig deep into their own pockets.

Co-operative Development Scotland (CDS) can help you decide on the best model of employee ownership for your business.

One of the organisations that sought the support of CDS during its transition to employee ownership is Black Light Ltd. The company, which specialises in lighting, staging, sound and audio visual solutions, became fully employee owned just last month (June 2016) and in this blog for Scottish Enterprise, its founder Gavin Stewart explains the process and his experiences.

Gavin also kindly gave up his time today to join us in a live, interactive webinar to discuss Black Light’s journey to EO. If you missed the out on this the full recording will soon be available on the Scottish Enterprise website.

Today, another employee owned Scottish business is also celebrating success. Computer Application Services (CAS) has achieved the silver ‘Investors in People’ award in recognition of its excellent team engagement and management practice.  Ken Naismith, CAS chief executive, believes this success is down to its talented and motivated workforce who are highly engaged in the business thanks to its EO model. You can read more about this fantastic accolade on the CAS website.

The number of employee-owned firms based in Scotland has doubled in the past six years and this growth is forecast to accelerate.  Currently there are 78 employee-owned businesses operating in Scotland, with approximately 6,500 employees and a combined turnover of around £900million.

Our aspiration is to achieve a tenfold increase in employee ownership in Scotland over a ten year period.

If you would like more information about employee ownership and how it could potentially benefit your business, please do get in touch and our expert advisers will be happy to chat with you.

Collaborating to create a literature hub for Scotland with Edinburgh’s Netherbow

One of five winners of the Collaboration Prize, Edinburgh’s Netherbow aims to create a literature hub for Scotland on Edinburgh’s Royal Mile.

Founded by an alliance of six cultural organisations, it will achieve this by developing the existing honeycomb of buildings, gardens, closes and streetscapes in and around the Scottish Storytelling Centre and John Knox House to create a physical presence for Edinburgh’s literature and Scotland’s culture.

Its role will be to increase the promotion of literature, support collaboration between literary and cultural organisations and improve Edinburgh’s international profile.

Here, founding member, Ali Bowden, director of Edinburgh UNESCO City of Literature Trust, explains how they developed their idea, what the next steps are for the consortium and how they will benefit from winning the Collaboration Prize.

The literary sector has a strong track record regarding collaboration – it was how we secured the UNESCO City of Literature status for Edinburgh in 2004. As such, the various partners of Edinburgh’s Netherbow have worked together over the years on a number of projects, and the opportunity to develop the area is something that has recently evolved through those discussions and partnerships.

Our plan is to create a new, highly visible, focal point for Edinburgh’s literature and Scotland’s culture, resulting in the provision of a comprehensive information, education and interpretation centre for the City of Literature.

By working together, Edinburgh Netherbow’s members (which include the City of Literature Trust, Sandeman House, TRACS, Scottish Book Trust, the Saltire Society and The List) can promote literature, support further collaboration between literary and cultural organisations and help grow the capital’s international profile through engagement in literature.

Winning the Collaboration Prize will definitely enable us to take our partnership to the next stage. By providing the perfect combination of cash and business expertise it will give us the support we need at this critical point in the project’s development.

We are working on various aspects of the project at present but the next key step will be creating a detailed business plan and that work will be supported by Scottish Enterprise.

For more information about the Scottish Enterprise Collaboration Prize visit the website.

Click here if you would like to find out more about collaborative business models, or if you would like to get in touch.

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