From Strategy Development to Tactical Approaches: Momentum Series Continues with Third Sold-Out Event

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Dublin Chamber and Ulster Bank are continuing their mission to support Irish SMEs to build, scale and grow. Over 100 entrepreneurs and business leaders gathered recently in Dogpatch Labs start-up hub to hear from company founders Pat Lucey CEO of Aspira, Ellen Kavanagh of Waxperts and Stephen O’Leary, Managing Director of Olytico. Read on to find out more insights from this third Momentum Series event for businesses:


Make sure to check the Business Achievers Events calendar for more upcoming business events this month.


This was the third event in the Momentum series, with the launch event taking place in April. Attendees at the event were provided the opportunity to hear from a panel of expert speakers who from a cross section of sectors including social media, IT services and cosmetic retail.

The Momentum series was developed by Dublin Chamber in partnership with Ulster Bank and is specifically created to engage scaling Irish SMEs. A broad range of issues were discussed at this morning’s breakfast as the panellists mapped their individual business journeys, from strategy development to tactical approaches, as well as addressing practical considerations in financing, branding and attracting and retaining talent.

 

It was clear from the level of attendance and engagement level during the Q&A session that the audience found the advice of the speakers regarding the scaling of their business and maximising value as a key area of support for the SME community.

Key insights included Pat Lucey advising on the importance of risk management for any business starting out. Ellen Kavanagh spoke to attendees about how after she identified a gap for her innovative new wax products she now faced the challenge of increased competition from large multiples looking to replicate her unique offering. In this case the strength of her brand and the loyalty it has created with customers has proven a key barrier for her competitors.

Stephen Masterson, Head of Corporate and Commercial - Dublin Region advised attendees how Ulster Bank was pleased to partner with Dublin Chamber to create a bespoke new series for bright business minds to network with and learn from each other. Steve also joined the panel when a customer posed a query with regards to preparing for Brexit. Areas Steve advised to review included the mitigation of FX risk and forward planning to understand what impact tariff increases would have on company sales and financials.

Recommended Reading: Gaining Momentum - Interview with Alison Banton

 

The event programme has this year proven to be an excellent benefit for both Dublin Chamber members and Ulster Bank customers as it has provided participating SMEs an opportunity to gain insight, advice and contacts to help bring their businesses to the next level.

The final Momentum Series event of 2018 will be taking place on October 23rd. Details on the speaker line up and venue will be posted on Business Achievers at a later date. 

 

 

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