The Australian Centre for Business Growth has expanded its award winning business growth program to the Northern Territory, through the delivery of the Business Acceleration Program, an initiative of the Northern Territory Government, hosted by the Darwin Innovation Hub.
The Business Acceleration Program is focused on enabling high-growth NT based Small and Medium Enterprises (SMEs) to unlock their growth potential and was launched by the Minister for Business and Innovation.
Thirty NT companies will be taken through a one-day Growth Clinic, and then ten through a series of Growth Modules designed to provide executives with the knowledge and skills they need to lead, manage and accelerate growth in their company.
The partnership is the third of its kind for the Centre, which also delivers programs in conjunction with the South Australian, the Queensland governments as well as ANZ Bank.
ANZ Chair in Business Growth and Director of the Australian Centre for Business Growth, Dr Jana Matthews, said that she was excited to bring the Centre’s program to the Northern Territory, and to work with CEOs, managing directors and executives of companies with at least $1 million in company revenue and between 5 and 200 employees.
“Small and medium companies are incredibly important to the Australian economy,” said Dr Matthews. “When CEOs and executives learn what to do, when, why, and in what order, they begin to grow revenue and profits, and then they create jobs. We’re thrilled to be able to deliver our world-class business growth program to 30 Northern Territory companies, commencing in October.”
After participating in the Centre’s Growth Clinic, Dan Richards, General Manager of Humpty Doo Barramundi said he would highly recommend the program to other NT businesses.
“We plan to maintain our rate of growth over the next seven years, and are now in a better position to understand what’s been holding us back in the past, while leveraging our knowledge to achieve change, said Dan.
“The program outlined the questions I needed to answer as a leader, as well as indicating the characteristics I needed to develop in order to become the leader of a growth company”, Dan said.
Business and Innovation NT, Executive Director Jason Howe, said the Northern Territory Government has partnered with the Darwin Innovation Hub and the Australian Centre for Business Growth to provide the NT’s high growth SMEs with world-class support they require to accelerate their growth and compete in a global marketplace.
“The NT’s high growth SME’s are key in driving innovation, increasing private investment and creating jobs for us to achieve our vision of a strong, vibrant economy for all Territorians.”
Growth Clinics are being delivered in October and November in both Alice Springs and Darwin to 30 companies. Following this, the Centre will select ten companies to continue on into the second part of the program, the Growth Modules. The CEO will need to bring along at least two members of the Executive Team so they can learn together, with nine other company teams, how to lead, manage and accelerate the growth of their company.
Phone: +61 466 787 138
About the Australian Centre for Business Growth:
Established in June 2014, the Australian Centre for Business Growth at the University of South Australia Business School provides CEOs and executives of medium companies (20 – 199 employees) and small companies (5 – 19 employees) with the knowledge and skills they need to develop as leaders, accelerate company growth and compete in a global marketplace. The Centre’s programs teach executives how to lead and manage growth via diagnostics, expert presentations, facilitated group discussions, peer-to-peer learning, and action planning. The Centre has won two international awards for the impact of its growth programs on small and medium companies.