News & Events

Haines Watts Hereford: Supporter Case Study

[Karen McLellan, Managing Director, Haines Watts Hereford]

 

Haines Watts Hereford has sponsored the Herefordshire Young Enterprise Company Programme since 2014 and I have been on the judging panel since 2015.

As an employer, I often see young people enter the workforce without the commercial understanding and work ethic they need to succeed. These skills are having to be learnt ‘on the job’ which slows the career progress for the employee and can be a headache for employers.

What better way for young people to get a taste of commercial realities than to run a business for themselves? In the Company Programme, competitors have to work as a team to address the challenges of growing a business including raising capital, product design & production, business planning, accounting and sales & marketing.

As in the real world, there are highs and lows, but it is those who learn from their mistakes, re-evaluate and adapt who are most likely to succeed. A strong team ethic is also key with individuals working to their strengths and contributing equally.

I really enjoy following the teams’ business journeys and I have come across some very impressive young people who have promising futures in business.

The Company Programme is an excellent opportunity to gain skills that will give young people a genuine head start in the workplace, which is why we have been so keen to support the initiative over the last four years.