{"id":13782,"date":"2018-08-06T09:58:35","date_gmt":"2018-08-06T09:58:35","guid":{"rendered":"https:\/\/www.icebreakerexecutive.com\/?p=13782"},"modified":"2018-08-06T09:58:35","modified_gmt":"2018-08-06T09:58:35","slug":"the-latent-opportunity-to-transform-smes","status":"publish","type":"post","link":"https:\/\/winningthinking.co.uk\/?p=13782","title":{"rendered":"The latent opportunity to transform SMES"},"content":{"rendered":"<p>Whilst a few are flawed, most SMEs we work with have all the product and services to become very profitable &#8211; yet why do they make so little money?\u00a0 \u00a0 \u00a0 \u00a0This opportunity remains 99% untapped.\u00a0 \u00a0 \u00a0 \u00a0Why? We&#8217;ve found over the last 12 years &#8211; most &#8220;help&#8221; is expensive and ineffective and SME owners see that and\u00a0even if the support is good: it takes REAL COURAGE to let go &amp; ask for help. So what does this look like?\u00a0&#8230;owners stuck working harder for reducing income, fractious relationships,\u00a0inability to resolve current issues,\u00a0revenue grab without considering profit,\u00a0lack of confidence to put pricing up,\u00a0business and financial models do not create cash,\u00a0projects are overspend and delayed, no effective skills development. In our last few engagements we doubled revenue in 2 businesses e.g. \u00a330-60m, route to profit \u00a322k &#8211; \u00a3350k (much smaller business, the first still does not understand profit!), &amp; got a product to market in 3m after 10 years delay. Whilst knowing what good looks like is key, the root cause of this is the business thinking: .. &#8220;this is a complex business&#8221;, &#8220;when xyz it will be OK&#8221;, &#8220;cant create a plan&#8221;, &#8220;business is business&#8221; ( owners greed ) Its fab for a team when they see the breakthrough results that follow NEW action \ud83d\ude42 have a great day, Tom<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whilst a few are flawed, most SMEs we work with  [&#8230;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,30],"tags":[],"class_list":["post-13782","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-winningthinking-though-leadership"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The latent opportunity to transform SMES - 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