Although establishing a new business is a challenging task scaling a business to the next level brings its own, different challenges. According to data from McKinsey, only 22% of new businesses launched in the past decade have successfully scaled. Why is this? Based on our experience at NJR, there are several common factors, largely arising…
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Tag: SME
Senior Executives Believe Large Organisations Have a Better Work-Life Balance
New research by specialist executive search and interim management company, Norrie Johnston Recruitment (NJR), has revealed that 68% of senior executives think large companies offer a better work-life balance than SMEs. The research, which forms part of NJR’s guide: The SME Recruitment Challenge, also found that nearly all respondents (95%) felt a good work life…
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Just One in Six Senior Execs Want to Work for a Small Business
SMEs make up the vast majority of businesses in this country and they contribute billions of pounds to our economy. According to the latest statistics from the Department for Business, Innovation and Skills,* there were a record 5.4 million private sector SMEs at the beginning of last year, accounting for 99% of all private sector…
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