Strategy
Most growth businesses do not have a strategy problem so much as a strategic clarity problem. Everyone is busy, but not everyone is busy on the few things that will move the company forward this quarter and this year. Strategy, done well, is the discipline of deciding what you will not do, writing the rest down on a single page, and then checking against it every ninety days.
This section collects our articles on building and keeping a strategy that the whole leadership team can see, understand and act on. They draw on the Scaling Up and Rockefeller Habits methodologies that we have used with hundreds of companies, but they are written for leaders of UK scale-ups rather than for strategists.
Running the planning process. Why have a strategic planning meeting? is the place to start if your planning days have become status updates. It explains what a good session produces and who needs to be in the room. How to focus on growth initiatives tackles the problem that follows: protecting time for the projects that matter once the plan is agreed.
The one page strategic plan. The one page strategic plan is the tool at the centre of our work. It puts core values, purpose, long-term targets, annual goals and quarterly priorities on one sheet so that nobody in the business can be unclear about what matters. If you have never seen one, read that first.
Long-term vision. A ten to twenty-five year goal is what gives the quarterly plan its direction. The pitfalls to avoid when developing your BHAG covers the common mistakes, and game-changing BHAGs that drive strategy and team alignment shows what a good one looks like in practice.
Measuring what matters. Strategy without numbers is a wish. Harnessing the power of KPIs and OKRs explains how the two frameworks differ, when to use each, and how to keep the scorecard short enough that people actually look at it.
Strategy under pressure. Navigating business cycles and the common mistakes leaders make when developing a business strategy are useful reads when conditions change faster than the plan.
Thinking strategically as a team. Strategy is not the MD's job alone. How to get everyone in your company thinking strategically and from planning to strategy look at how to spread that thinking through the business, while how scenario planning drives growth in uncertain times offers a practical way to prepare for more than one future.
Browse the latest articles below, or move across to our leadership, team and implementation sections. When you are ready to put a strategy in place with your own leadership team, our facilitated scale-up workshops and intensive VIP days are built around exactly this process.
170 articles, page 6 of 8
How High Growth Companies get Customers on the Loyalty Ladder
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How High Growth Companies Innovate….
One key business topic which remains topical is that of innovation. Most CEO’s list innovation as one of their top priorities.
The Secrets of Successful Pricing
One of the most fundamental decisions that every business must make is “What price should I charge?”
Why Do You Need a Strategy?
Developing strategy takes time and resources (even if it is a one page plan!). It requires the time and commitment of some of your most experienced and important people in your company.
Turning Complainers into Raving fans
If you put one pot of boiling water and another pot of lukewarm water into your freezer at the same time, guess what happens?
How to Get More Value Out of Your Day
Being able to prioritise those tasks and projects that add the greatest value is difficult and does not come to most people naturally.
Top 10 List for Growth Growth Firms
From the Fortune Leadership Summit in Atalanta – Jim Collins (author of ‘Good to Great’) top 10 List for growth firms
Facebook Culture at its Best!
What a great shot from Facebook HQ! And what a culture! The night before the IPO and they’re having an all night “Hackathon” where they “move fast and break things!” … that’s how new features and fixes get created!
The High-Speed/Low-Cost Catalyst
Success – in all areas of life – loves speed.
Gaining Customer Insights
One of the key inputs into developing your strategy are your customers. However customers, in general, do not like written surveys.
Secrets of High Growth Companies
Thoughts? Questions? Please post your comments below and I’ll reply personally.
Developing an awesome strategy
Questions about developing a strategic focus? Post your comments below and I’ll do my best to reply personally.
Giving you the competitive edge
Thoughts? Questions? Please post your comments below and I’ll reply personally.
Using Culture and Strategy to Drive Your Success
Constructive debate and difference of opinion canhelp lead to significant breakthroughs. In the world of corporate correctnesswe are all living in, this should be highly encouraged.
How to Manage your Online Reputation
The other day a client asked me about the concept of managing your online reputation.
Strategy vs Culture
Strategy seems to have fallen on hard times. A long list of commentators, psychologists, authors, and consultants argue that company culture is a greater determinant of success than competitive strategy.
Don’t Work Harder – Work Smarter
A few weeks ago, I had several different challenging projects on my plate, each with fast-approaching deadlines.
Trading Minds – Mastering The Art of Persuasion
Have you ever sat down, closed your eyes, and really looked at yourself or your product through another person’s eyes?
>Resist The Urge to Make Your Superstar’s Idea Better
>This is an experience that should be occurring regularly: You are discussing a mutual problem with your team — the superstars you have chosen to help you achieve your company’s vision.
>How to Tap into your Intuition
>“In recent years, the subject of intuition has emerged from obscurity.
How not to sell on price….
The perception in the market place is that people are shopping based on price alone. The only reason your customer asks for the price upfront, is because, that is what we, as business owners, have trained them to do.
Sell by asking…
When it comes to sales, your customers quite literally have all the answers. When it comes to increasing sales, many businesses look to their marketing to bring in more leads.
4 Ways to Motivate Yourself…..
>Do you struggle with making deadlines? Do you feel burnt out and tired all the time? Do you put tasks off?
Defining a Sales Process
Over the last 2 months, some of clients have produced astounding results by reviewing their sales process. If it’s been a while, here’s why it would be a good idea for you to do the same: