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says John Davies, Finance Director at Pacer International.
This is John’s take on the Henley Accelerator programme.
Pacer, a specialist supplier of optoelectronic, display and laser solutions, employs around 40 people and has four offices in the south of England, as well as the US, together with a worldwide network of manufacturing partners. This established business turns over £20 million a year and, having completed a management buy-out, the management team was keen to improve on its “steady” growth of 3-6% per annum over five years. It was to help realise their more ambitious targets that John turned to the Henley Accelerator.
“We realised we probably needed a better framework to set the strategy for the business and to assess potential growth against. We needed to give the management team the tools to be able to do the necessary work and actually implement the strategy. We found it highly motivational. Having the right tools has been key in allowing us to be more critical in our assessments of the business, and it’s given us a firm and rigorous framework to set our business plan against.”
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