Navigating successfully through challenging times

Invest Northern Ireland is offering up to five days of free specialist support to help clients develop more efficient operations, cut costs and become even more competitive in challenging economic conditions.

At the ‘Challenges and Opportunities - the Credit Crunch’ events in Belfast on 25th September and Cookstown on 30th September, specialist business advisers will provide clear, practical advice on key performance areas such as financial and cash flow management; supply chain efficiencies, improving internal efficiencies; and reducing or removing barriers to secure new sales and markets.

Participants will then have the opportunity to discuss their individual needs in detail, with a view to identifying key activities to develop efficiencies. This will result in up to five days of specialist consultancy to identify actionable projects, and subsequent assistance to implement.

Tracy Meharg, Invest NI’s Managing Director of Innovation and Capability Development, said: “This is the first in a series of new initiatives which Invest NI is introducing to assist our clients, particularly locally owned SME’s, navigate through the current economic climate.

“By providing practical advice and expertise, tailored to the individual needs of clients with the initial diagnosis at no cost, Invest NI can help them identify priority actions and increase their competitiveness.

“An even greater focus on continuous improvement is key to business success, especially during the current economic slow down. Local companies have an opportunity to increase the value added to their products and services by introducing more innovative processes, and improving profitability and competitiveness in markets outside Northern Ireland, whilst their counterparts in other economies may not be responding so quickly to the changing economic environment.”

Keynote speakers at the Belfast and Cookstown events will be BBC Newsnight’s Economic Editor, Paul Mason; and Howard Hackney, a Partner at Grant Thornton UK, respectively. Other speakers will include representatives from local business, the banking sector and Invest NI.