Whether it’s manufacturing soft drinks or supercomputers, Mike Lurcock’s sound financial planning has ensured business growth for many companies. His diverse career in management accounting has ranged from supporting ambitious tech start-ups to working on multi-billion pound investment funds.
Mike grew up in Rochester, Kent, and studied Agriculture at the University of Reading where he investigated the theory of management and capital investment in the farming industry. He continued to study management accounting and developed shrewd business acumen as he ran financial models for corporate budgets and investments.
He was selected for the Cadbury Schweppes accountancy training scheme and completed his qualifications before a move to Cray Research in Bracknell. The supercomputer developer covered a vast array of sectors, teaching Mike about the crash characteristics of cars and the aerodynamics of plane wings during an interesting chapter in his career.
Mike next moved to financial services in a role at Pearl Assurance, which had recently been taken over by AMP in Australia. He seized the challenge and introduced new systems and controls for budgets to mature the organisation’s business planning. His next move was a step into management consultancy in a division of Ernst and Young where he worked on high-profile deals with investment funds, banks and insurance companies.
Mike believes that mentors are an invaluable source of guidance for young entrepreneurs and is keen to be involved in early stage student and staff start-ups to help them shape decisions with proper planning. He is happy to offer an experienced pair of hands to help Future Worlds’ members with finance, planning and business administration. To get in touch with Mike please use the contact form on this page.
Over the past five years, Mike has broadened his client list through involvement in a number of small companies and start-ups. His expertise is in helping start-ups with business planning – identifying what essentials are needed as well as what financial support is on offer. “I warn people not to concentrate on the fine detail all the time,” he says. “You also need to step back occasionally to check that you’re still heading in the right direction.”
Mike’s competitive nature is harnessed in his leisure time, when he enjoys rowing, mountain biking and horse riding. His message for determined graduates is to “stick at it” as they endure hard work for little reward in the early stages of their career. “Stay honest, always think of the consequences and everything will come together in time,” he says. “If not then let off some steam, pick yourself up and start working hard again!”