3 ways to accelerate your business with support from the University
Introduction
In today's rapidly evolving business landscape, organisations are constantly seeking innovative ways to accelerate their growth and stay ahead of the competition. One often overlooked resource that can provide a significant boost is the collaboration between businesses and universities. This synergy not only fosters innovation but also opens doors to a plethora of opportunities that can help organisations accelerate their growth.
In this blog, we’ll explore the 3 main ways Huddersfield Business School can support your business by accelerating your ventures and unlocking new levels of success.
1) Professional development
Professional development is an ongoing process that facilitates personal growth, improves productivity, assists with producing higher quality outputs, and supports employees to be adaptable to changing demands. Huddersfield Business School offers various professional development opportunities for your employees including training programmes, workshops, and networking events, designed to enhance their skills and knowledge in various business areas.
Through our CMI-accredited courses our Level 7 Senior Leader Higher Apprenticeship, Level 5 Professional Manager Apprenticeship and Master of Business Administration (MBA) can ensure your organisation remains at the cutting edge of leadership practice whilst also upskilling your employees and enabling them to reach their full potential as a manager, senior leader, or executive.
We also run the Help to Grow 12-week management programme designed to support senior managers of Small and Medium-sized Enterprises (SMEs) to improve their business performance and long-term growth. Peter Beaumont, Associate Director at Monty Miracle completed our Help to Grow programme in December 2022 and recently shared with us how his company saw a 362% increase in growth off the back of the programme. If you’d like to take your business to the next level, like Peter, our next Help to Grow cohort starts in February 2024.
Business leaders in our Help to Grow Management workshop. 2) Access to our student talent
Universities are full of talented students who are eager to contribute to real-world projects. By partnering with Huddersfield Business School’s students, your organisation can tap into a pool of interns and future employees. This not only brings fresh ideas and perspectives to your company but also allows you to establish a steady pipeline of potential future employees that align with your company's vision.
Placement students can be a valuable asset to your organisation, bringing innovative and fresh approaches and up-to-date industry knowledge learnt on their degree. Elena Dooley, the Marketing Operations Manager at Cummins, shared with us how a placement student brought value to their organisation .
Student consultancy projects can provide your organisation with the opportunity to explore aspects of your business that you may not have the expertise, resources, or time to undertake. The consultancy groups consist of students from various academic subjects, providing your organisation with diverse skill sets and expertise. At the end of the project, you will be provided with recommendations that you can use for future planning and implementation within your business.
Guest lecturers, company visits, and mentoring are also other ways your business can work with and inspire our students.
MSc students with our Student Consultancy business client, Hollywood Agency. 3) Work with our experts
Universities are hubs of cutting-edge research across various sectors. Working with our academics can provide your organisation with innovative knowledge at the forefront of your industry. Collaborating with academics can lead to the development of ground-breaking products, services, and solutions that can give your organisation a competitive edge.
If you require up-to-date knowledge to find a solution to your business problem, then academic consultancy can provide your business with expert insights in a specific area.
Knowledge Transfer Partnerships (KTPs) are a structured and mutually beneficial way to collaborate with academia. They can help your organisation drive innovation, increase productivity, and inspire transformative change, by utilising a recent graduate and an academic consultant for longer-term strategic planning.
Dr Pete Greenan consulting with a business. Conclusion
In a world where innovation is the key to success, tapping into the resources and expertise of universities can be a game-changer for organisation looking to accelerate their growth. Collaborations between businesses and academia create a dynamic ecosystem that fosters creativity, drives innovation, and fuels economic progress. By embracing these partnerships, your organisation can access a wide range of benefits, from professional development, access to student talent, research, and development, and more. As you embark on your journey to accelerate your business, consider the untapped potential that Huddersfield Business School can offer, and unlock new avenues of success.
To find out more please visit our website - https://www.hud.ac.uk/about/schools/huddersfield-business-school/business-support-and-professional-development/
Or if you’d like to get in touch with a member of our Business Development team, please contact them at hbsenterprise@hud.ac.uk
Huddersfield Business School's Business Development team.