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
Download key published insights and tools from industry experts highlighting best practices in the areas of talent, strategy and culture.
Want to know how you stack up against leading organizations? Receive a complimentary benchmarking analysis courtesy of an LSA Expert.
Get up to speed on timely solutions critical to your business. Published by LSA Experts based upon client feedback and key industry trends.
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.
Stay up to do date with the latest information on how we help high growth companies align their culture and talent with strategy.
Real world consulting and training approaches from LSA projects, providing insights on how your company can outperform the competition.