How can I grow my business in the face of accelerating uncertainty and risk?
The answer is by making decisions based on evidence. Ambitious small business leaders recognize they depend too heavily on instincts when making high-risk decisions about the future of their business. Moreover, they want to get beyond the obvious and be challenged by new thinking on how to grow their business.
Data and analytics are transforming how business leaders make decisions. Fortune 500 companies are already taking advantage of evidence-driven insights and putting increasing competitive pressure on small businesses.
The Growth Compass is a research initiative of Mount Royal University's Innovation Lab. Its mission is to deliver evidence-based insights and intelligence on scaling companies through innovative industry-academic partnerships. Growth Compass collaborates with experts in research and data analytics both inside and outside of academia with a single goal - to scale company growth.
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The Growth Compass currently is leading three initiatives designed to support Alberta small business:
The Alberta Manufacturing Export Compass (AMEC): The Alberta Manufacturing Export Compass provides Alberta small manufacturing companies customized support for developing and executing an export expansion plan. The flexible four-module AMEC program is designed to go beyond traditional generic resources and provide customized support program for Alberta manufacturing firms who are at different stages of developing internationalization. Depending on a company's stage of internationalization, they may choose to participate in one or more of the AMEC modules.
The Alberta Manufacturer Innovation Accelerator (AMIA): The Alberta Manufacturer Innovation Accelerator provides manufacturers with the innovation mindset and capacity to improve their diversification and growth potential. AMIA is a four-step innovation program held over a 20-week period, leveraging both in-class face-to-face engagement, coaching/mentoring and webinar-based milestone reviews.
The Growth Compass Community: The Growth Compass Community is a forum to listen to the challenges facing Alberta small business. The Growth Compass Community includes a variety of mediums including a web-based small business panel and an annual small business roundtable hosted in both Calgary and Edmonton.
Click on the button below for access to full additional information on each program: