Achieving higher quality performance on a reduced funded basis has been Steve’s senior management responsibility for over thirty years. Initially he ran internal project reviews in the operating subsidiaries of a large British Plc Engineering Group, where he helped management teams to accept fundamental reviews of their organisation and practices which, combined with the adoption of new technology systems, enabled significant improvements in organisation and methods [O&M] to be achieved.
He then moved sector to the Information Technology industry, where for twenty years he worked as the Managing Director of the main subsidiary company of four International Times 250 plc Groups, and his strategic PIP [Profit Improvement Programmes] significantly contributed to the £m increase in market valuation at times of major market and company challenge.
Each of these Groups developed their own critical business software applications, consulting and managed service support to some two thousand major public and private sector organisations in the UK and international. Steve’s crucial management role was to inspire fundamental strategic reviews of his companies and their management teams, to ensure that long term as well as short term programmes of plan and purpose were identified and agreed at all levels within the organisation, and then fully and successfully implemented on a closely monitored basis by the appropriate empowered staff and management.
Ensuring that all critically interested parties to his Change Management Programmes were fully aware, committed and supportive of the vigorous change being inspired into the organisation was crucial to the effectiveness of Steve’s work. High quality communication and reporting on a regular basis to all invested stake holders, suppliers, clients and staff was business imperative number one. A growth in internal operational morale and confidence as well as marked improvements in the external market place reputation then ensued.
Steve has now progressed to being Chairman or Non-Executive Director [NED] to smaller enterprise growth companies, including MBO’s of non-core divisions from technology groups. His company portfolio has extended to include a knowledge of environmental “clean” technologies, property services and helping Local Authority and NHS organisations with the “More for Less” agenda that Government has set the Public Sector to achieve in this second challenging decade of the 21st Century. Steve retains the same passion for personal motivation to aspire and achieve maximum performance for the invested stakeholder’s investment that he has delivered to Institutional and Banking sources for more than three decades – always achieved against a background of fundamental strategic change and challenge in the organisations he is working with.
Steve is married with 5 children; three of whom are safely through graduate education and the youngest son and daughter are studying at Radley College Oxford and the Abbey School Reading. Consequently, Steve is enthusiastically looking forward to an active business participation for many years to come. Steve’s interests are classic cars, tennis and running for social and charitable enjoyment purposes.
Plc. Group Regeneration Programmes in four UK Times 250 Technology Groups - Steve Bennett
1984 - MBO of Wordplex Ltd. from CDC [Canadian Venture Capital]
- Full plc. listing on the UK Main market [Hill Samuel]
1985 - PIP [Profit Improvement Programme] Wordplex USA operations
1986 - PIP of the complete plc Group [£2m p.a. savings fully secured in 1 month]
1987 - Merged Wordplex plc’s UK company with the UK subsidiary of Norsk Data As Group [Oslo, London, New York quoted Group] [County Nat West]
1989 - PIP of Norsk Data’s UK business followed by funded support for MBO of the business.
1990/01- PIP of Star Group plc - controlled disposal of companies and strategic joint partnerships created. Move from £1.6m loss to Break-Even in six months.
Public to private move of the Group in 1991. [Singer Whitaker]
1995-1999 – Anite Group plc - strategic growth and PIP of the Group’s main loss making operations [Warburgs]. Major trade alliance programmes.
1999 MBO of one of the Anite Group’s divisions completed [5fifteen Ltd]
2002 MBO of one of the divisions from Rebus Group PLC completed [Amsphere Ltd]
2003 MBO initiative from Fujitsu/ICL – became e-mpirical Ltd.
2004 MBO of another division of Anite failed customer due-diligence two weeks from fully agreed and funded completion.
Various other PIP and fund raising programmes completed with SME companies where Steve Bennett has NED [Non-Executive Director] experience.
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