Industry and regional growth depends, critically, on the capacity of individual companies to create and maintain new levels of sales.
From each A$100k of such sales will come 1.0 – 1.7 new jobs. This is a potent method of job creation.
Successful strategies identify the areas in which regional industries, or the wider industry in question, can be (or are) internationally competitive.
From there, companies with competitive innovations can be identified and supported in growth.
Where an industry – such as jobbing engineering - has a low level of ownership of intellectual property(IP) but has a high level of technical skills it is possible to show companies how they can move forward to own and commercialise IP.
Pyksis has a powerful series of tools to do this including the Pyksis® Arrowhead and the Pyksis® Growth Map.
Pyksis can identify the key issues for stakeholders and can propose strategies which will successfully generate new jobs and wealth.