At the time, the company had many legacy systems and machinery well overdue for updating. While Robert had a plan, the program allowed him to secure the resources and funding to deliver on his vision.
With Keith’s support, they drilled down and looked at the overall strategy of the business including the value proposition and where the business wanted to be. They examined the technology challenges the business faced and how to address them and analysed the workplace structure. A rebalance of over resourced and under resourced areas was in need. Once the business plans were in place, they looked at the actions to take and grants available to achieve the desired outcomes.
Hydraulic Controls was successful in securing funding and eligible for three immediate grants. Two of these grants helped them implement operational changes while the third grant allowed them to acquire advanced manufacturing technology equipment. The combined funding amount of $320,000 was a real game changer for the business – stepping up their archaic machinery to the digital age.
Since engaging in the program, Hydraulic Controls has enjoyed revenue growth of over 20%, employment growth of 7% and their export performance has increased by over 15%. Impressive results - Ray would have been proud.
While Keith is just one of many Growth Facilitators dedicated to helping businesses navigate success, as evident with Hydraulic Controls, being open to change can actualise aspirations.