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AW House
6-8 Stuart Street
Luton Beds
LU1 2SJ
Tel: 01582 516300 or Email: [email protected]
Email: [email protected]
Mike Price
Thorough knowledge of building a successful business and successful teams, setting a positive and supportive culture, highly developed leadership skills, astute CFO.
Mike has spent the last 20 years building a highly successful Professional Services business, growing it from a sole practitioner to a 135-person multi-disciplinary team. He understands the challenges and loneliness that come with owning and running a business, and has demonstrated strong leadership skills throughout his career. Under his guidance, the company has developed an enviable culture, brand, and strategy, with a diverse Board and Senior Management Team. Mike began his career in financial and general management, working for a variety of technology-based businesses, including Waste Management, Precision Manufacturing, Local & Central Government, and Telecoms. He has worked for both UK and international companies, ranging from Top 4 firms to FTSE 250 companies and billion-dollar corporations, following his qualification with Deloitte. In addition to his work in the professional services sector, Mike is also passionate about rugby. He founded the charitable arm of Northampton Saints six years ago, which uses rugby to re-engage young people with education. Mike is currently a Trustee on the main Board and a Director of the trading company. The charity has grown significantly over the years, expanding from just a few part-time employees serving a dozen young people, to a team of 35 serving 400 young people. The organization has also expanded from a single site to six locations, and has recently secured contracts with HMP and G4S for young inmate rehabilitation.
Experience
Mike’s talent for establishing and demonstrating a positive culture, as well as implementing a complimentary strategy, has made him a valuable asset in a variety of business environments. He possesses a wide range of experience that has allowed him to hone the essential skills required of an effective Board Member, whether it be as a Chair, CEO, CFO or NED.
Key Skills include:
- Culture- Mike has a natural ability to establish a positive culture within a business, and he continually demonstrates the core values that align with the culture. He champions the culture and core values, ensuring that the entire team recognizes and adheres to them.
- Leadership-High ability to set clear objectives and develops his team members through mentorship, training, and by serving as a role model. He drives a continuous improvement agenda and has implemented a Trusted Business Advisor model to enhance the perception of finance within the business.
- Strategy- Developing and implementing strategy that aligns with culture and core values, keeping that strategy current by undertaking regular SWOT and PESTLE reviews, adapting to competitors and market forces, ensuring the right team is in place to deliver on the strategy, whether that’s Board / SMT / Finance Department teams.
- Cash flow maximisation- Obtaining additional funding, reviewing costs and suggested reductions, and implementing changes to income models to help see smaller businesses through difficult times.
- Business transformation- Leading the team, maintaining staff morale and motivation through change, working with stakeholders to upgrade operating methods and enhance profitability, breaking the business into constituent parts of People, System and Process and optimising each element.
- Budgeting, forecasting, and accounts- Leading teams to deliver vital Finance discipline, even through challenging cycles, wider economic difficulties, and policy pressures.
Skills
- Stakeholder Management
- Board Reporting
- Business Planning
- Working Capital and Cash Flow Financing
- Budgeting and Forecasting
- Business Analysis
- Cost Analysis and Reduction
- Business System/Process Evaluation and Implementation
- Management Reporting and KPI’s
- Finalising Statutory reporting and working with Auditors
Sectors
- Innovative Businesses
- Professional Services
- Engineering & Precision Manufacturing
- Electronics and IT
- Motorsport
- Not for Profit
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