Growth Flag is a new, first-of-its-kind, online tool designed for policy makers, commissioners, business decision-makers and analysts – so they can develop strategic plans, optimise operations and improve efficiency.
It pulls live data from a comprehensive dataset - that is easily analysed by the user - to instantly present clear visuals and downloadable data. This quickly shows where growth potential exists in individual businesses across the UK.
Leverage data analytics to understand your local economy today and develop knowledge about future growth potential through in-depth analysis.
Identify growth opportunities within specific sectors and geographies to make precise investment and maximise profits.
Identify high-potential companies to implement effective marketing tactics, expand market share and increase sales.
Growth Flag takes comprehensive firm-level data sets that are constantly updated to create a Growth Potential Score.
It uses a bespoke algorithm that gives a predictive growth potential score based on statistical analyses including principal component and multivariate analysis. The results are validated via use of control groups as well as retrospective time-series analysis, to test if the predictions are robust.
Company scores across a wide range of sectors
Of businesses with a high growth potential captured
Of data to offset the impact of the pandemic
Public sector organisations such as Local and Combined Authorities, Local Enterprise Partnerships (LEPs), as well as colleges and universities can use the platform to understand their local economy and support sectors that have the highest growth potential.
Businesses can use Growth Flag to understand emerging markets and target relevant sales and marketing activity, or to offer tailored solutions based on where clusters of businesses are on their growth journey. Growth Flag can help private sector companies to enhance productivity and profitability.