Could a lack of trust in leadership be holding back your SME? 

12/08/2018 14:38


Discussions that took place during a Think Tank session held at Hotelympia in London earlier this year have revealed that a lack of trust in leadership could be stopping SMEs from reaching their full potential. 


The event was attended by a mix of entrepreneurs from a variety of sectors including the hospitality and sports industry and focused on discussions about company culture, as well as the changing face of business environments that are making way for younger talent. 


We at GIC Capital provide business leaders and entrepreneurs with vital funding resources to leverage their company’s potential and we’re concerned that a lack of strong leadership within businesses could be detrimental to UK SMEs, especially given the added financial pressures that a weak pound and uncertain Brexit are having on UK businesses. 


A number of UK industries are facing tough times at the moment and without strong leadership, many could face crippling under the pressures of the economy and the current business landscape. 


The hospitality sector, for example, is set to be negatively impacted by Brexit, especially given the fact that three million EU nationals currently work within the industry. With concerns as colossal as these hanging over the heads of business leaders and companies, the need for strong leadership that can inspire workers has never been more important.


Strong leaders should provide motivation and encouragement for their employees as well as boosting morale within the company and setting up appropriate reward schemes and benefits for businesses.


The Think Tank discussion also touched on the fact that the business leaders of the future, many of which will be from the millennial era, will have differing views on leadership thanks to their exposure to social media and higher education. 


SMEs that need access to finance for growth can rely on us to provide a plethora of financial services in the form of business loans, overdrafts and expansion capital


For more information visit our website.

We aim to deliver much needed capital to start-ups and SMEs

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