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:
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:
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
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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.
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Our company engaged LSA to do a specialized “train the trainer” program, and the consultant’s performance outdid our exceptionally high standards for such a program. Very crucial to the success of this program was the work done upfront to discuss our needs and to interview key members of our organization so that the program specifically met our goals. Our facilitators continue to comment on the success of the program. Thanks also for the follow-up.
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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.
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We consider LSA Global our outsourced learning and development partner. We worked closely with LSA to customize a management development program to meet our growing business needs. I would highly recommend LSA to any company wanting to deliver quality learning solutions.
Vice President Human Resources
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.
LSA has become the gold standard in team building and management training at Genomic Health! I have a hard time finding facilitators that come close to their level of customization, expertise and experience.
Director of Human Resources
What a personal and professional pleasure it has been to Partner with LSA. They are truly a strategic partner with Wyse. For more than 5 years, LSA has been engaged in delivering various training and development solutions for Wyse, from custom on-site programs targeting specific core competencies, to working individually with clients to build job skills, and offering invaluable services to me and my team as we continue to build our learning programs. LSA’s representatives do more than sell a product, they offer a full service solution: they understand our business, our strategic initiatives, and the needs of our customers.
Director of HR
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