Strategy Should be Simple and Drive Sustainable Growth
“The essence of strategy is choosing what NOT to do”- Michael Porter. Can you state your strategy simply? Is it driving sustainable growth? When entrepreneurial companies fail to grow fast enough, they’ve often deviated from what their core focus was in the beginning or the industry has changed and they’ve gotten left in the dust. Strategy is an ongoing iteration that should be updated yearly if not monthly in a strategic “council” as Jim Collins called it.
What would it be like for everyone in your company to know your strategy AND be able to state it in a simple phrase? We can help create that strategy and make it come alive in your company! Give us a call now to get started.
Recommended Reading:
Good to Great: Why Some Companies Make the Leap and Others Don’t
Competitive Strategy: Techniques for Analyzing Industries and Competitors
The Inside Advantage: The Strategy that Unlocks the Hidden Growth in Your Business