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study: bit10 |
Background
Established in 1997, and based on the University
of Warwick Science Park in Coventry, bit10 designs,
develops, hosts and refines Internet applications
for a variety of clients including The Derbyshire
Building Society and The National College for
School Leadership.
The company has always been profitable and has
grown at a significant rate, winning the Midlands
region Deloitte and Touche Technology Fast 50
award in 2001. However, the founders of bit10,
Alexander Craig and Ben King, recognised that
in order to continue to grow, they had to set
some long term goals and develop a plan for
getting there.
Project Summary
We used our strategic planning framework
in a series of management workshops to develop
a 3-year strategic plan for the business. The
plan is managed on a day-to-day basis through
a new management system that is action focused
and encourages the staff to make their own decisions.
Benefits
The company has clearly identified a vision
for the future and growth strategies allowing
its founders to spend more time on planning
for the future rather than managing day-to-day
issues. It has already achieved its first major
milestone since the review - by breaking the
£1 million annual turnover barrier.
Testimonial
"We engaged Allman Horrocks to work with
us on a full strategic review of our operations.
Over the course of the project together we developed
an excellent three year plan which not only
satisfied the financial planning requirements
but also left us with clear management objectives
and plans to deliver our strategic goals."
“There is no doubt that AHC made a real contribution
to this year’s success and we are confident
we can meet our targets for the next few years”.
Alexander Craig, Senior Director, bit10 ltd.
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allman horrocks consulting: Strategic
Consultants
Oxbow Farm, Avon Dassett, Southam, Warwickshire, CV47 2AQ
e: info@ahc.co.uk |
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t: +44 (0) 1295 690573 | f: + 44 (0) 1295 690915
© Allman Horrocks Consulting
Ltd. 2006. All rights reserved.
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“There is no doubt that AHC made a real
contribution to this year’s success and we are confident we
can meet our targets for the next few years.”
Alexander Craig
Senior Director
bit10 ltd. |
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