COVID ID-19 Webinar: : In Information and Support for - - PowerPoint PPT Presentation

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COVID ID-19 Webinar: : In Information and Support for - - PowerPoint PPT Presentation

COVID ID-19 Webinar: : In Information and Support for Manufacturing SMEs Friday 3 rd April 2020 | 11:00 12:00 swmas.co.uk | 01278 767 010 | info@swmas.co.uk Contents: Introduction to SWMAS Ltd Top Questions from SMEs (last week


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SLIDE 1

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

COVID ID-19 Webinar: : In Information and Support for Manufacturing SMEs

Friday 3rd April 2020 | 11:00 – 12:00

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SLIDE 2

Contents:

  • Introduction to SWMAS Ltd
  • Top Questions from SME’s (last week and through our barometer)
  • What Support is available through SWMAS Ltd
  • NHS supply chain update
  • Risk management and business advice
  • Call to Arms – Practical Case Study
  • Questions?

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 3

In Introduction to SWMAS Ltd

  • SWMAS:

Supported > 2000 SME manufacturers across South West of England since 2002 We deliver a number of support programmes: HVMAP, HPC, SEIC

  • Many companies asking questions around how to handle COVID-19

Purp rpose of

  • f thi

this se sess ssion:

  • To help share information in relation to how to deal with COVID-19
  • Understand what support is available through SWMAS & the wider network

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 4

Common questions from last week’s webinar & enquiries

  • Can my business stay open?
  • Staff Retention Scheme
  • Accessing Financial Support
  • Lost order book - Some sectors hit hard e.g. automotive/aerospace
  • Inundated with demand – e.g. NHS Suppliers, Food, Pharma

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 5

How COVID-19 is is affecting SME Manufacturers*

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

  • 83% of respondents have seen a reduction in staff attendance
  • 80% reported an impact on their supply chain engagement
  • Only 13% said their production levels have increased as a result of COVID-19
  • 14% of businesses who have responded are unsure whether or not they can

support the Government’s call for additional NHS equipment

  • 19% said their business requires advice around risk management and strategic

planning to get them through this crisis

*D *Data tak aken fr from

  • m curr

current Man anufactu turin ing Bar arometer sur survey on

  • n 01.0

.04.20

Gathering Information

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SLIDE 6

Can my busin iness stay open?

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

A list of businesses that are required to close are listed on the government website here. Manufacturers are not required to close, but must follow government advice:

  • Vulnerable people must remain at home in isolation
  • Those who can work from home MUST do so
  • Social distancing applies whilst at work – 2 meter distance between workers
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SLIDE 7

Coronavirus Job Retention Scheme

*Click here for more details*

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 8

Fin inancial Support

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

  • De

Deferrin ing VAT payments – au automatic holi

  • liday until

til Jun June

  • Busi

siness In Interruption Lo Loan Sc Scheme

  • Due diligence must still take place by the lender
  • Full security guarantees are normally still required
  • LI

LINK to

  • loa

loan sch cheme crit criteria ia and in information

  • Sm

Small ll busi siness grant fu fundin ing

  • One-off grant of £10,000, eligible if:

1. Your business is based in England AND AND 2. You are a small business and already receive SBRR and/or RRR AND AND 3. You are a business that occupies property

  • No need to apply, your local authority will write to you
  • LI

LINK to

  • small busin

iness gr grant fu funding in information

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SLIDE 9

Poll ll: Dis isru ruption to your supply chain

What supply chain challenges are you currently seeing?

Results:

swmas.co.uk | 01278 767 010 | info@swmas.co.uk 20 7 14 1 8

A) CUSTOMERS SHUTTING DOWN B) ORDERS BEING CANCELLED C) SUPPLIERS SHUTTING DOWN D) NEW ENQUIRIES E) PAYMENT DELAYS FROM CUSTOMERS F) PAYMENT TIMES SHORTENED FROM SUPPLIERS G) PRICE INCREASES FROM SUPPLIERS H) PAYMENT UPFRONT FOR GOODS

NO OF VOTES

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SLIDE 10

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Opportunit ity to offer coronavir irus (COVID-19) support from your busin iness

Urgent requirements:

  • Medical testing equipment
  • Manufacturing equipment
  • Medical equipment design
  • Warehouse or office space, for medical use or

storage

  • Protective equipment for healthcare workers,

such as masks, gowns and sanitizer

  • Expertise or support on IT, manufacturing,

construction, project management, procurement or engineering

  • Transport and logistics, for moving goods or

people

*If If you may be able le to help wit ith any of f th the above REGISTER YOUR BUSINESS HERE*

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SLIDE 11

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Opportunities for Supply

✓ Check public procurement websites ✓ Look into Openopps, a free resource that tries to pull together all

  • pen source tenders – www.openopps.com

65,395 live opportunities from 189 countries around the world

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SLIDE 12

Covid-19 Specific Support

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

CLICK HERE to

  • vis

visit it ou

  • ur web

ebpages, whic ich ou

  • utl

tlin ine e COVID-19 support t for

  • r manufacturin

ing companie ies

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SLIDE 13

Poll ll: How would you categorize your current sit ituation?

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Survival or Rapid Growth?

Results:

47 5

A) SURVIVAL MODE? B) HIGH DEMAND?

NO OF VOTES

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SLIDE 14

Support Offered by SWMAS

  • The Team
  • Busi

siness / / St Strategy Revie iew

  • Gr

Grant Fu Fundin ing

  • 12

12 Hrs Busi siness Ass ssist

  • Wid

ider Ne Network Brokerage

  • Lin

Links to

  • op
  • pportunitie

ies

  • Case

ase Example – End of

  • f Se

Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 15

SWMAS Support - Advisor Team

Central Office: 01278 767 010 | info@swmas.co.uk De Devon

Phi hil l Hal Halse 07971 597 006

phil.halse@swmas.co.uk

Do Dorset

Da David id Pitfie field ld 07519 121 095

david.pitfield@swmas.co.uk

Glou loucestershire

Al Alun un Jam James 07989 993 897

alun.james@swmas.co.uk

Wilts iltshire

Ton

  • ny

y Ma Mattravers 07972 773 536

tony.mattravers@swmas.co.uk

Som

  • merset

Pau aul l Gil Gilbert 07980 347 502

paul.gilbert@swmas.co.uk

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SLIDE 16

SWMAS Support

Business Review:

An online review of your business to help direct support, covering the following areas:

  • Company Strategy

(Revised Covid-19 Strategy)

  • Sales & Marketing

(Accessing new opportunities)

  • Supply Chain

(Understanding requirements, reshoring, new suppliers)

  • Operations

(Utilising/repurposing existing assets)

  • Innovation

(Design capability, re-engineering, R&D tax credits)

  • People

(CPD, Training & Development)

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 17

SWMAS Support

ERDF HVMAP Business Grants:

  • Grant funding available between £2k - £5k (depending on LEP area)
  • Can support Capital purchases <£25k or 3rd Party delivered Projects
  • Typically at 20% match funded e.g. Total Project Cost £20k grant £4k
  • Simplified 4 page application
  • Application approvals with 48 hrs

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 18

SWMAS Support

Business Assist:

12 hrs of advisor support

  • Webinars
  • CP

CPD D Training: A series of Productivity Masterclasses, including the following subjects:

  • Revise you
  • ur bu

busin iness Str Strategy - Rapid Demand or Survival

  • New Op

Opportunit ities - How do you align capabilities to them

  • Sce

Scenario Pl Planning - Available Capacity, Leadtime Analysis, Bottlenecks

  • Ris

Risk mit itig igation - Supply chain

  • St

Stakeholder map apping

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

  • Tar

argetin ing g Imp mprovement

  • Prob
  • ble

lem So Solvin ing

  • Peop

eople le and and Prod

  • ductiv

ivit ity

  • Team

eam Dyn Dynamic ics – DI DISC SC Profi

  • fili

ling

  • Em

Employee Eng Engagement

  • Lean

Lean Too

  • ols &

& Tec echniques

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SLIDE 19

SWMAS Support

Brokerage:

Signposting to Wider Support Network

  • Acc

Access to

  • Ad

Additional l Bu Business Su Support & & Fu Fundin ing

  • Lin

inking ca capability to

  • Ur

Urgent National Su Supply Ca Calls ls e. e.g. g.

  • Ventilators
  • UK’s National Resilience programme via Catapult
  • Injection moulding & PCB Capability
  • Lin

Linking local capabilit ity to

  • local su

supply call lls e. e.g. g.

  • >4000 company capabilities registered to HPC
  • Hospital Metalcraft (Bristol Maid) – Request for skilled staff
  • South west Gin company - request for mixed containers

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 20

SWMAS Support - Wid ider National Networks

  • Government Business Support - Department for Business, Energy and Industrial Strategy – CLICK HERE
  • Department for International Trade - help for businesses trading overseas – CLICK HERE
  • Innovate UK - UK Research and Innovation - innovation funding advice – CLICK HERE
  • Enterprise Europe Network - matching international partnerships – CLICK HERE
  • High Value Manufacturing Catapult - accelerate new concepts to commercial reality – CLICK HERE
  • Make UK - Manufacturers Organisation - formerly Engineering Employers Federation – CLICK HERE
  • Manufacturing Technology Centre - part of high value manufacturing catapult – CLICK HERE

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 21

SWMAS Support - Wider Local Networks

  • LEP (Local Enterprise Partnership) Growth Hub and Gateway support

in each county.

  • Cornwall

https://www.ciosgrowthhub.com/

  • Devon

https://www.heartofswgrowthhub.co.uk/

  • Dorset

https://www.dorsetlep.co.uk/dorset-gateway

  • Gloucester

https://www.thegrowthhub.biz/gloucester

  • Somerset

https://www.heartofswgrowthhub.co.uk/

  • Wiltshire

https://growthhub.swlep.co.uk/

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 22

SWMAS Support: : Wid ider Networks – Latest News

For the very latest news from these networks, follow on Social Media:

  • Twitter
  • Linkedin
  • Sign up for eNewsletters
  • Apps
  • Facebook & Instagram

A quick way to get your message across using various #tags

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 23

SWMAS Support

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 24

SWMAS Support

Brokerage:

Signposting to Wider Support Network Opportunities

Further business support can be found here

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 25

Companies stepping up to Supply

  • Hand Sanitiser: Cider & Gin Producers diversifying to meet demand
  • Face Masks: 3D Printing, vacuum formed and fabricated
  • PPE Equipment: 3D Printing, Moulding and Excess Stock donated
  • Ventilators: Full production Units direct from Devon Company
  • Ventilator Components: PCB’s, Metalwork and Metal Finishing
  • Food & Drink: Production increased to meet demand
  • Medical and Pharmaceutical: Increased Volumes and extra Staff
  • Packaging: For food, drink, medical and Pharmaceutical output
  • Repairs & Refurbishment: To keep key equipment for Hospitals
  • New Injection Mould Tooling: Reshore production from China

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 26

The Manufacturing Barometer – open for responses until 4pm on 17.04.20

Now, more than ever, it's important that SME manufacturers get the chance to communicate what they need to help them mitigate the direct and indirect impact COVID-19 has on their business. The Manufacturing Bar Barometer gives you the chance to do just that, and, as the largest UK survey of SME manufacturers, the collective findings will be shared with a number of influential stakeholders to help shape future sector support!

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

One Voice

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SLIDE 27

Poll ll: Required Support

  • What type of support do you need right now?
  • What online training do you need right now?

Results:

swmas.co.uk | 01278 767 010 | info@swmas.co.uk 8 1 6 3 4 5

A) TARGETING IMPROVEMENT B) PROBLEM SOLVING C) PEOPLE SKILLS & PRODUCTIVITY D) EMPLOYEE ENGAGEMENT E) LEAN TOOLS & TECHNIQUES F) ALL OF THE ABOVE

NO OF VOTES

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SLIDE 28

NHS Supply Chain: CLICK HERE to access the below webpage

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 29

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 30

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Global Location Number (GLN) Global Trade Item Number (Pan European Public Procurement On-Line) PEPPOL enables the NHS and its suppliers to use standardised connection for eOrdering, eInvoicing, electronic Credit Notes and Advance Shipping Notifications. Dun & Bradstreet D-U-N-S Number is a unique nine-digit identifier for businesses

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SLIDE 31

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 32

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 33

SWMAS Support – Lik ikely Capability Requirements

  • 3 D Printing
  • Injection Moulding
  • PCB Boards
  • Robotic Processing
  • Advanced wood processing technology
  • CNC drilling & machining
  • Automated sheet laser cutting
  • Precision tube cutting
  • CNC press braking and tube manipulation
  • Skilled fabrication & assembly
  • Pre-treatment, degreasing & electrostatic powder coating

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 34

SWMAS Support – How can you add valu lue?

Think beyond a list of capabilities:

  • End to end Supply chain requirements
  • Available Capacity - Volumes, tonnage, stock etc.
  • Tolerances & Dimensions
  • Accreditations
  • Lead times & responsiveness
  • Clean Room facilities / Design capability

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 35

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 36

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 37

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Medicines and Healthcare products Regulatory Agency

Medicines and Healthcare products Regulatory Agency

Contents

  • Personal Protective Equipment
  • Approval from Department of Health & Social Care
  • Apply to MHRA for exemption from the regulations

CLICK HERE TO VISIT GOV.UK WEBPAGE

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SLIDE 38

Urgent request fr from the NHS

  • Requir

ired for r th their ir im immedia iate needs:

  • Alcohol and hand sanitiser gel:

please download specification

  • Respirators:

please download specification

  • Personal eye protection:

please download specification

  • Face masks:

please download specification

  • Surgical theatre gowns:

please download specification

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

slide-39
SLIDE 39

Webinar Q&A Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Q: Is anyone with staff designated as ‘furloughed’ workers contemplating NOT paying the funds to employees until government funds are received? A: This is very much based on each company’s cash flow position and whether they can afford to pay prior to the reclaim, as for some it may not be a choice. We hope the business leaders will display the behaviour needed to ensure that employees are not adversely disadvantaged wherever possible to minimise any added negative impact through this crisis. How individual business leaders handle the Furlough situation will undoubtedly have a long term impact to their employee engagement and support after the crisis - we hope that wherever possible they lead by example and show true Leadership styles. Q: Do we still have to pay over PAYE contributions or can we keep them for cash flow AKA the VAT? A: No specific guidance has been released on this specific point at this stage. Q: An employee resigned at the beginning of March but the start date for his new position has been postponed. He has requested to continue to be furloughed. Is this feasible under JRS? He would still be employed and accruing employment benefits, so a cost to company. A: The Government have now clarified that it is possible to rehire someone who has resigned to then discover their new job is not available and then furlough them. The decision to do so is down to the employer – CLICK HERE FOR MORE INFO.

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SLIDE 40

Q: We close our factory on bank holidays, staff who are furloughed over Easter, do we need to increase their 3 week furlough period by 2 days to compensate for our bank holiday closure? A: The assumption is that they would be included in the 3 week period but no specific guidance as yet, please see the below information posted by Stephen Scown Solicitors: Will the minimum 3 week furlough period be affected by a furloughed employee taking holiday? Again, unfortunately we do not have clarification on this point. With the Easter and May bank holidays coming up, it is important that the Government confirms this as soon as possible so that employers paying their employees full holiday pay for the bank holiday do not inadvertently break or re-start the ‘3 week furlough clock’. Where possible we would suggest that employers ask their employees to take their annual leave before or after their period of furlough so as to not invalidate any furlough claim later on. Q: Can you turn furlough on, off and on again for staff? Can I furlough someone for three weeks, bring them back for a week, then furlough them again. Also, canIi rotate who I furlough in three week stints to share furloughing across a team? A: Yes, furlough can be turned on then off then on again so long as the minimum 3 week furlough period is achieved each time – different staff can be furloughed on a rota system as long as your reasoning of how you chose if fair and open. If your employer chooses to place you on furlough, you will need to remain on furlough for a minimum of 3 weeks. However, your employer can place you on furlough more than once, and one period can follow straight after an existing furlough period, while the scheme is

  • pen. The scheme will be open for at least 3 months – for further information PLEASE CLICK HERE.

Webinar Q&A Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 41

Q: Is the SWMAS business support over and above any we have had over the last 12 months? A: If you have had grant support this is non repeatable, but 1-1 support from an advisor can be additional. Q: I’m looking for specific CPD Training for some members for the team (HR and H&S) - is there funding available for anything this specific? A: Quite probably, but it depends on amounts so it would be best to speak to your local advisor - contact details are within these webinar slides. Q: Could you clarify training for furloughed workers? I understand furloughed staff can't be working for us/doing anything which generates an income. But could they, for example, do forklift training...which would just come into use once back off furlough? A: Yes, furloughed workers can undertake training during their Furlough period, but please note the following government guidance… A furloughed employee can take part in volunteer work or training, as long as it does not provide services to or generate revenue for, or on behalf of your organisation. However, if workers are required to for example, complete online training courses whilst they are furloughed, then they must be paid at least the NLW/NMW for the time spent training, even if this is more than the 80% of their wage that will be subsidised.

Webinar Q&A Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 42

Q: Many staff feel we should be closing - we are busy and need to stay open as we are working on COVID critical projects - does SWMAS have any statement that we can distribute as re 'staying open' to bolster the customer statements we have had? A: We don’t have a specific statement at the moment but can signpost you to other clients in a similar position to see what they have used – contact your local Manufacturing Specialist (slide 54) to discuss this further. Q: I am also struggling with staff who feel we aren't supplying essential businesses and therefore are being put at risk. I also have quite a few out of the business as either they, or their partner, has an underlying condition. moral versus business? A: Other clients are seeing similar issues. As long as you are managing the employees welfare (social distancing etc) there shouldn't be any additional risk. Communicating regularly should help but its a very difficult line to tread. Q: Is there any financial support for a Director who can't be furloughed as still needs to do admin work etc? A: Directors can be furloughed and would be able to undertake only their statutory duties. There are seven statutory duties of a director under the Companies Act one of which is to “Promote the success of the company“. Another is that the director must ensure annual accounts are filed at Companies House.

Webinar Q&A Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

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SLIDE 43

Webinar Q&A Session

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

Q: If staff have been furloughed and are at home are they able to receive training via yourselves? A: yes, furloughed staff can undertake training and we'd be delighted to arrange something for you - please contact your local advisor. Q: Furloughing looks to be operating until 31st May. Does this mean furlough leave needs to be completed by this date, or can leave start for 3 weeks on 30th May for instance? A: No specific guidance as yet so its likely the 3 week period will be key to the situation when an end date is

announced – READ MORE ON THE GOV.UK WEBPAGES HERE.

*PLEASE NOTE* We will continue to answer your questions to the best of our ability, but please ensure that you visit the government’s COVID-19 Business Support Page regularly for the most up-to-date information.

slide-44
SLIDE 44

Ris isk management and strategic advice

General best practice to employers during these unprecedented times

  • Peo

eople sa safety fir first

  • Communication
  • Review Con
  • ntracts & Ins

Insurance

  • Reduce your sp

spendin ing

  • Explore all

all Gr Grants & Fu Fundin ing

  • SWMAS Su

Support – We e ar are e her ere to

  • hel

elp!

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

£

1 2 3 4 5

slide-45
SLIDE 45

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

PEOPLE SAFETY FIRST - Protect your people

The health and wellbeing of your workforce is understandably a major concern at times like these. Follow government guidelines to protect them and make sure you understand the most recent COVID-19 recommendations. Consider: ✓ Split shifts for staff / Zone Markings / Screens / Direct Flow ✓ 72 hour quarantine area for goods ✓ Minimise visitors ✓ Enquire about staff wellbeing

£

1

slide-46
SLIDE 46

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

KEEP COMMUNICATING

This is a dynamic situation and we are all in a rapid learning phase. Make sure that you keep communicating with your workforce throughout the uncertainty of the coming months by: ✓ Keepin ing staff in informed of progress regula larly ly ✓ Usin sing dail ily vid video call/ ll/email il update ✓ Remote work rkin ing staff support

£

2

slide-47
SLIDE 47

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

CONTRACTS + IN INSURANCE

Now is the time to review all existing contracts and insurance policies: ✓ Do any of f th these cover notif tifia iable le dise iseases? ✓ Is Is th there Business Interruption Insurance avail ilable le? ✓ Detail ils of f Compensation for r contr tracts (N (NEC3) ✓ Ask sk our r team for r fu furt rther help

£

3

slide-48
SLIDE 48

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

REDUCE YOUR SPENDING

Our advisors are available (via remote tools) to help you understand and implement methods to assist in lowering company

  • utgoings.

Amongst other things we can help: ✓ Revie view all ll costs ts, li licences, su subscrip iptio ions, 3rd partie ies, waste ✓ Revie view and adapt in inventory ry le levels ls – can you se sell ll stock on ✓ Su Support with ith str trategic ic pla lannin ing – Key in investments, , sc scenario io pla lannin ing ✓ Ask sk our r sp specia iali lists for r furt rther help

£

4

slide-49
SLIDE 49

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

GRANTS + FUNDING

On Friday 20th March, the government announced a temporary package of measures which will help to support businesses throughout the disruption caused by COVID-19. These include: ✓ Coronavirus Job Retention Scheme ✓ Coronavirus Business Interruption Loan Scheme

£

5

slide-50
SLIDE 50

Call ll to Arm rms

Necessity is is th the mother of f in inventio ion

A lot of businesses are having to re-invent the way they do business:

  • New Processes
  • Product design revisions
  • Re-purposing assets
  • Matching skills & capabilities to new opportunities

We are here to help – GET IN TOUCH to find out more

swmas.co.uk | 01278 767 010 | info@swmas.co.uk

slide-51
SLIDE 51

Breakthrough Matrix

What’s Working? What’s Missing? What’s Not Working? What’s Possible Going Forward?

slide-52
SLIDE 52

“So WOT” Template...

...so what is the action you will take as a result of identifying & connecting Strengths, Weaknesses, Threats & Opportunities?

Internal Strengths

  • Internal Weaknesses
  • External Opportunities
  • Make connections between Strengths &

Opportunities: Action to capitalise on Opportunities...

  • Make connections between Strengths &
  • Opportunities. Action to overcome Weaknesses

and take advantage of Opportunities...

  • External Threats
  • Make connections between Strengths & Threats.

Action to overcome Threats and capitalise on Strengths...

  • Make connections between Weaknesses & Threats.

This is an area to avoid!...

  • So WOT
slide-53
SLIDE 53

ANSOFF MATRIX

Market Development Product Development Diversification Market Penetration

EXISTING Products NEW Products EXISTING Customers NEW Customers

slide-54
SLIDE 54

Get in touch to discuss these methods in more detail…

Central Office: 01278 767 010 | info@swmas.co.uk De Devon

Phi hil l Hal Halse 07971 597 006

phil.halse@swmas.co.uk

Do Dorset

Da David id Pitfie field ld 07519 121 095

david.pitfield@swmas.co.uk

Glou loucestershire

Al Alun un Jam James 07989 993 897

alun.james@swmas.co.uk

Wilts iltshire

Ton

  • ny

y Ma Mattravers 07972 773 536

tony.mattravers@swmas.co.uk

Som

  • merset

Pau aul l Gil Gilbert 07980 347 502

paul.gilbert@swmas.co.uk

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We recognise that, despite these government measures, cash flow will be significantly impacted for many businesses over the coming months… ✓ Does capital expenditure feature in your company’s business plan? ✓ Has as your company recently in invested in in Res esearch an and De Development (R (R&D)? If you answered ‘yes’ to either of the above, you could be eligible for additional financial support – contact us to find out more.