Michael Kennedy
Insurance Group
Spokesperson: Fergal Kennedy, CEO
75%
50%
Increase in
Team Productivity
Reduction in
Employee Turnover
60%
Growth in
Client Base
The Challenge
Our company, Michael Kennedy Insurance Group, has been an insurance broker for 50 years. In 2013, I joined the 50X Transformation programe to gain insights on running a business more effectively. Since then, I’ve been involved in the SME Matters 50X peer-to-peer group year on year. My main goal was to see if I could pick up valuable nuggets of information that would help me identify areas of improvement for our business. I really appreciated the structure of the program and enjoyed having dedicated time to work on our business rather than being immersed in the day-to-day operations.
The Learnings Achieved
Being part of the SME Matters 50X program has provided us with a much broader perspective on business. It has encouraged me to look beyond our immediate concerns and consider other avenues for improvement. The way facilitators runs the 50X program is particularly impressive. They tailor the material based on what we share about our business challenges, creating content that is highly relevant and useful.
Key Learnings
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Diverse Business Perspectives
Gaining insights into different business perspectives and strategies.
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Structured Reporting Importance
Understanding the importance of structured business reporting.
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Peer-to-Peer Networking
Benefiting from the peer-to-peer aspect for networking and mutual support.
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Expert Presentations and Shared Challenges
Expert presentations showed many businesses face similar challenges, providing reassurance.
The Result Achieved
As a result of our participation in the 50X Transformation Program, the reporting aspect of our business has significantly improved. This has led to better management and decision-making processes. The networking opportunities and shared experiences with peers have created a supportive community, helping us navigate common challenges more effectively.
We’ve seen great results from implementing what we’ve learned in the program. This is why I keep coming back year after year. The tailored content ensures that the knowledge we gain is directly applicable, leading to sustained business growth and improvement.
If I were to describe the program in three words, I’d say it is “Honest, Truthful, Not Afraid,” and if I could add three more, I’d say it is “Well Worth Doing.”
