A successful strategy is said to be 20% vision and planning and 80% execution!
At Enable Growth Associates we are strong believers in implementation support and know execution is the major area most businesses fail in achieving their plans in full.
However a clear vision and set of values is fundamental in providing the foundations for success, but also critical, is understanding the core competences in the business and ensuring differentiation and innovation are at the heart of the planning process. Enable Growth Associates are experienced in supporting hundreds of businesses to plan and focus on strategies for growth.
At Enable Growth Associates, helping businesses to plan for growth is what we do. We can facilitate the whole process, or we can actively support businesses to focus on elements of their business planning process with or without support to implement and realise. We have the tools and methods to help you plan for growth and we can work with you to ensure that the time and resource used will deliver successful results.
“When you change the way you look at things, the things you look at change.”
Wayne Dyer
What Makes a Good Business Strategy
- Strategic Insight and Situational Analysis. A robust fact base drives strategic insight and builds the case for change and growth. It establishes the baseline for your business scope, competitive position and your approach, also customer insights, competitors and future outlook.
- Results focussed. Ensuring the business is focussed on its key priorities and has a plan to deliver. Ensuring engagement and support across the business, whilst embedding change and the creation of systems for driving performance. In addition, ensuring the business has ways to predict and manage risks.
- Understanding what is needed to achieve success in the short, medium and long term. Developing a clear understanding of what is needed to achieve success, ie: what are your leadership and management capabilities, operating capabilities and challenges and what key assets and resources the company will use and may need in the future.
- Opportunities A good strategy provides clear indication of which markets and segments the company will pursue and which it will not. Focusing first on growth from its core competences, being customer focussed and expanding through diversification opportunities where appropriate, and reviewing when needed.
- Ambition for business growth. It is proven passion and ambition drives sustained profitable growth. It defines what the company aims to achieve over a given time period, balancing your stretch goals, outperforming the market and your competition, maximising full potential, inspiring and aligning the organisation, with sustainability and achievability.
- Measurement and KPI’s – What performance are you measuring growth by and what are the goals and objectives you wish to achieve, also what systems are in place for monitoring and review.
Reading Recommendations ↗
List of Useful Leadership Reading
Business Planning Tool ↗
Utilise this useful simple Planning Tool.
Get in touch with us to find out about our Business Planning and Strategy Support