
GROW/BEYOND/BOUNDARIES
Growth does not merely mean success, growth is essential. It proves you can keep up, create value, and are needed. If growth stops, you’ll die. So let’s get it on.
Our view on building a growth strategy involves analysing your business area, finding the reasons for growing/not growing, and then creating an action plan. Following the plan will move the key indicators and get you on the growth track. Here’s how.
VIR-ACT: Growth strategy
Business analysis
Where is your area of business evolving? What will the future look like?
Task: Analysis of business area
Method: Research, interviews, analysis
Outcome: Analysis with opportunities on development and M&A
Business opportunities
What are your key competencies, strengths, and capabilities? Where does your organization’s passion lie? Where’s the waste?
Task: Analysis of your business operation
Method: Interviews, observation, analysis, mystery shopping
Outcome: Cruel facts on your business, prioritised in regard to the opportunities
growth
plan
If growth is not sufficient, your business operations must change. Changing them requires an operations roadmap, new key indicators, and often affects personnel and marketing.
Task: Business re-engineering
Method: Business modeling, change management, new KPI creation
Outcome: Action plan for business development