Clear Business Strategies Set You Up for Success

When you have clear business strategies the direction ahead is obvious

Clear Business Strategies Account for 31% of the difference
Our organizational alignment research found that clear business strategies account for 31% of the difference between high and low performing companies.  Sifting through all the different possible directions you could take with your business could drive you crazy and prevent you from making any real progress…but when you have clear business strategies, the path forward keeps you, and your business, on the right track.

The Definition of Business Strategy
It is your corporate strategy that delineates the clear and compelling choices about where to play and what actions to take.  And when it is thoughtfully conceived with a thorough knowledge of your business and an eye to the future, a successful strategic plan sets your organization up to perform beyond just the sum of its parts.

What You Need to Know About Your Business
Before you even start to craft your strategic plan, you should have clear answers to the following questions related to creating clear business strategies:

  • Growth. Where is the greatest growth potential for the coming year and beyond? Does it derive from the products/services you provide? Or the markets you serve? Or the geography where you could excel?
  • Differentiation. Why do customers buy from you rather than from your competition?
  • Priorities. Where should you invest resources, in order of priority, to take advantage of your competitive edge?
  • Buy-In. Do your leaders and employees thoroughly understand and buy into your plan for success?
  • Continuous Improvement. Are systems in place to support the day-to-day behaviors and decisions that will keep you and your work force on track to implement your strategy?

What Clear Business Strategies Deliver
When you have a business strategy that is understood, believable and implementable enough by all key stakeholders you will see:

  • Success – Strategic and tactical goals are more easily and regularly achieved
  • Productivity – Employees are more productive because they know just what they are to do and how their job fits into the overall game plan
  • Savings – Less time is wasted on activities like duplication of effort, unnecessary and unproductive meetings and following an overbearing approval process
  • Alignment – Products are better aligned with what customers want and need
  • Accountability – Employees are held accountable for attaining their objectives
  • Engagement – Overall performance is higher as employee engagement increases and substandard employees improve or move on
  • Focus – Improvement initiatives are driven by their alignment with the strategy, not sidetracked by adherence to the way “it has always been done” or by company politics

The Bottom Line
Clear business strategies matter.  Too many leaders tell us about their frustrations with their carefully designed strategic plan not being carried out as fast or as well as they expect.  Don’t let your strategy become one of the reported 9 out of 10 that fail to be fully implemented.

If you want to learn more about creating clear business strategies that matter, download 7 Signs Your Strategy Is Not As Clear as It Needs to Be

Comments are closed.

In the Next Generation Management Development courses, I was trained with skills and tools that have made me and my team more productive, motivated, and successful at communicating with other departments.

 

Kevin Ashman
Firmware Engineering Supervisor

I had been working with LSA for many years with my prior company. Currently, I’m with a company who hadn’t done much basic management skills training. After identifying and presenting a program recently, our managers are excited and talking in the halls about the great experience. LSA saves us time in delivering the right training for our needs.

Phyllis Moracco
HR Director

I highly recommend LSA Global to anyone who is looking to improve individual or organizational effectiveness through their top quality programs and broad range of expertise.

Greg Pappas
VP of Human Resources

LSA’s customized Effective Presentation Skills program has helped me elevate my presentation skills to the next level. I now have a much greater self-awareness of my presentation skills and can leverage off of my strengths while working to improve upon other areas. I would definitely recommend this solution to anyone for whom business presentations are an integral part of their job.

Jim Elliott
Senior Marketing Manager

Samsung

“We turned to LSA to help us custom design and deliver a leadership and management development curriculum to help drive performance. They have done an excellent job diagnosing the business situation, designing an approach that fits our culture, and delivering a first class solution.”

Sally Buchannan
VP Human Resources

I’ve partnered with LSA Global at two companies now, and I consider them a valuable and trusted training and consulting resource. They recommended just the right solution to address our management development needs and have wonderful facilitators that match YuMe’s culture and style of our management team. I would highly recommend LSA Global to any company wanting to deliver quality learning solutions with a valuable learning and development partner.

Maya Paul
HR Director

LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people. I highly recommend LSA’s employee engagement solutions.

Chris Wells
Vice President, HR and IT

Avon’s success is dependent on strong relationships among our Customers, Representatives, Associates, and outside resources we hire to help us meet our business objectives. We were very pleased with the results from working with LSA Global to design and facilitate a custom program for our events management team. LSA demonstrated responsiveness, flexibility, and an innovative approach to working with us.

Deanna Rudnitsky
Senior Manager, HR Destiny Sales Region

LSA’s consultant designed and delivered a half-day team building solution for our recent conference. It included careful customization to integrate the design with our new mission and values. Everyone had fun and identified key issues with our teamwork. Altogether a great program!

Bob Ward
Director of HR

LSA is an instrumental training outsourcing partner in helping us to build management capacity and strategically invest in our people. Their flexibility, depth, and breadth of expertise allows us to deliver top quality solutions that are directly tied to key business plans. Their ability to custom design, deliver, and evaluate our Management Curriculum has been excellent. They are true business partners and a pleasure to work with.

Margaret M. Mader
Vice President, Human Resources

Hyperion

I have worked with other training companies and found it to be more of a seller/buyer relationship than one of matching the right expertise to our business issues. That’s what LSA does – ask the hard questions, listen, and understand our business needs. We receive the benefit of their expertise from assistance with personal development plans to enhancing team performance, to looking at enterprise-wide challenges. It’s all about helping our business succeed as we grow. Right now, LSA is providing great ideas, a fresh approach, and valuable guidance as we develop our management team and accelerate our client relationship management results.

Kristin Westland-Kaune
Director, Team Development

The LSA Global team was very receptive and flexible to our needs every step of the way. Their staff and facilitator demonstrated attention to detail, responsiveness, and professional courtesy. The participants were thrilled with the outcome and rated the communication skills workshop and the facilitator as ‘Excellent’. I’d highly recommend working with the LSA Global team to meet your professional development needs.

John Mastrorilli
FRDP Leader

Intuit

LSA exceeded all my expectations. We interviewed 7 potential training and consulting partners and selected LSA due to their expertise, flexibility, and breadth and depth of solutions. We were able to construct a management training course from the modules most appropriate to our needs, and are able to provide additional training from their well developed portfolio of experts. Our managers galvanized as a team throughout the session and are better prepared for the rigors of a competitive market.

Mitch Mandich
CEO

Edify

LSA helped change our entire culture around meetings, making them more effective and efficient, thus enabling us to concentrate on driving more business.

Terry Wassman
VP of Human Resources

What a refreshing change from the half-baked psycho-babble you normally get from training and consulting organizations. LSA gives you the practical and results-oriented assistance you need to define and reach your goal.  They provide a results driven plan – not just a temporary fix. They are great to work with, and even more importantly, they “get it!”

David Fiano
Vice President Human Resources

Evaluate your Performance

Toolkits

Toolkits

Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.

More

Health Checks

Health Checks

Want to know how you stack up against leading organizations?  Receive a complimentary benchmarking analysis courtesy of an LSA Expert.

More

Whitepapers

Whitepapers

Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.

More

Methodology

Methodologies

First we identify the key metrics you want to improve. Then we assemble a dedicated team of elite experts who have successfully solved similar problems with similar clients.

More

Blogs

Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.

More

Case Studies

Client Case Studies

Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.

More