Managing rapid growth
from BNZ Connect SME Podcast Hosted by Bank of New Zealand
For some SMEs COVID-19 presented an opportunity for rapid growth, but like many businesses who experience a surge in demand, there can be a number of growing pains along the way. For Kenneth Leong, Co-Founder and Director of face masks company Meo, the global pandemic saw product demand go through the roof – and managing supply, demand, and logistics proved extremely challenging. For Simon Furness from online meat retailer Hyper Meat the ‘mates helping mates’ mantra inspired an opportunity to combine his existing business with another in a few days – launching a new online platform which generated a stream of demand that they weren’t quite prepared for. Hear how they navigated these challenges by leveraging their networks, motivating their staff, and collaborating with other businesses – and the lessons they learned which are helping position them for long-term, sustainable growth. The guests featured in this podcast are sharing their own views and experiences. As this podcast is for general information purposes only, content should not be relied upon as professional advice. Always get your own independent advice that takes into account your personal situation. If you’d like to access a transcript of this podcast, you can view it online at blog.bnz.co.nz/podcasts
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