One of the UK’s most successful business management development programmes has been upgraded by Lancaster University.
Following a decade of success in helping owners and managers to grow businesses across the UK, Lancaster University Management School (LUMS) is to enhance its successful LEAD programme.
LEAD, a ten-month leadership and management development intervention for owner-managers has supported more than 3,000 small-and-medium sized enterprise (SME) owners, creating over 10,000 jobs. In an independent evaluation, participants reported post- LEAD turnover growth rates of 13.8 per cent, and employment growth of 16.8 per cent per annum.
The new version of the programme, called ‘LEAD 2 Innovate’, takes advantage of recent conceptual insights and academic research from LUMS, such as Ricardo Zozimo’s work on Observational Learning and has a greater focus on developing innovation – a key driver of business growth.
LEAD 2 Innovate, which will be delivered for the first time from this October, will also be more applied than its predecessor. Delegates will participate in five skill-specific workshops and they will be expected to implement the skills they learn on their own business, while receiving critical feedback from their peers.
The enhanced programme also benefits from experience gleaned from the delivery of other leadership development programmes run by LUMS’ Institute for Entrepreneurship and Enterprise Development.
Ian Gordon, programme director of LEAD 2 Innovate, said: “LEAD has been an excellent programme with a strong record of helping business leaders to deliver growth and employment. However, now that the programme is ten years old there is a benefit to upgrading it. We are having a step-change, rather than a piecemeal change, and we are adding value by incorporating many of the things we have learned as one of the UK’s leading business schools over the last decade.
“We want delegates to enact solutions directly within their own organisations.”