How to build a more resilient business model
In time of rising uncertainty, it is more important than ever that your business is built on a model that is both adaptable and resilient. Since the onset of the Covid-19 pandemic, everyone has seen their lives turned upside down often with co-workers now pixels on a screen. Add to this the current volatile economy that […]
Do you have a strategic thinking team?
Being a Scale Up certified coach I often refer my clients to Verne Harnish’s book Scaling Up, for insights and great business tools. In the Strategy section of the book he describes creating Strategic Thinking Teams (the council) and states: “Grab a copy of Collins’ Good to Great: Why Some Companies Make the Leap…And Others Don’t and read the […]
How Scale Up businesses are getting ready for a recession…..
I continue to read the headlines in today’s media, which should come with a government health warning. Stories included high inflation and interest rate rises, the war in Ukraine, record-high hospital waiting lists and UK strikes. It’s clear that we are entering an economic downturn that, on top of post-pandemic supply chain issues, is creating […]
Is your growth strategy actually helping you grow?
Growth should be a priority within the first 5 to 10 years of a business. After all It is what drives profit and makes you competitive with similar businesses in your industry. However, growth doesn’t happen just by working hard. Like most goals, you need a strategic plan, complete with KPIs and benchmarks along the […]
The Pitfalls to Avoid When Developing Your BHAG
A key part of your long-term strategy is what Jim Collins defines as your Big Hairy Audacious Goal (BHAG) – a 10-25 year visionary stretch goal. Your BHAG helps you grow with purpose. This ‘north star’ provides guidance and helps everyone in your company choose between the opportunities that arise as you continue to grow. […]
Provocative thinking
Part of my job is to provoke client’s thinking. Here are 10 predictions about the future I have discussed some of my clients over the last few months in coaching or strategy planning sessions, to challenge and provoke their thinking: LinkedIn and Facebook will become so full of people trying to get business that it […]
How to get everyone in your company thinking strategically….
“Good ideas can come from anywhere.” Most of us recognise the wisdom in this quote, yet we still see strategy as the realm of a company’s senior leaders. That may be because of our tendency to equate strategic thinking with strategic planning. Although these practices are related and equally necessary for a company’s success, they […]
Do you have a vision for the post Covid-19 future?
As the Covid-19 pandemic disrupts the way we live, work, and conduct business, leaders are scrambling to manage the immediate fallout. However, as history proves, it’s also necessary to prepare for what’s next. Visionary leaders like Abraham Lincoln, , Winston Churchill, and Nelson Mandela didn’t simply react to the most imminent threats confronting them; they […]
How to define a company’s purpose……
There are a host labels out there that can describe a company’s direction? Do we really need a “purpose” to add to this list? I believe we do. Below I have pulled together a list which starts to distinguish between the various direction led labels. A vision statement says what the company wants to be […]
How do you nurture strategic thinking throughout your company?
“Good ideas can come from anywhere.” Most of us recognise the wisdom in this quote, yet we still see strategy as the realm of a company’s senior leaders. That may be because of our tendency to equate strategic thinking with strategic planning. Although these practices are related and equally necessary for a company’s success, they […]
