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SMEs: the engine for growth and recovery

With the decision in the UK of Nick Clegg and the Liberal Democrats to join the Conservatives in Coalition, we have entered a new phase in the economic development of the UK. The blend of the two parties is yet to be seen in action, but it does seem to offer a strong chance that businesses (especially small and medium businesses) will be given an environment in which they will be encouraged to grow.

I remain firmly of the opinion that SME business will be the engine for growth and recovery, given the right skills, education and support.

In a series of articles which will appear on over the next few days

  • I suggest approaches to removing cost from business without removing capability,
  • Richard Barrett, in a two-part article this week, examines 5 modes of decision making, and
  • Andy Coote considers whether ‘fairness’ is achievable in business

Our articles are written for us by the Members of The Academy for Chief Executives, our Chairs and the External Speakers who present at our group meetings. We hope to give you a taste of The Academy’s unique experiential learning approach to developing senior people to lead businesses.

Being the CEO or MD of a business can be a lonely job. The Academy for Chief Executives offers a place where advice and support comes from people in a similar position and who therefore understand the issues. Find out more about us at

Brian Chernett


The Academy for Chief Executives

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