Small and medium enterprises (SMEs) are
the backbone of the UK’s economy. According to figures from the Department for Business Innovation &
Skills, SMEs account for 99.3%
of all private sector businesses, employ 15.6 million people and generate a combined annual turnover of £1.8 trillion. Therefore, ensuring your continued success is critical to the future of our
country.
Every business is different and you will have challenges that are specific to your
organisation. While there are many external factors that affect you, often it’s the internal factors that can be the most destructive. For example, if you’re not clear on the purpose of your business
from the outset, you’re doomed to fail.
Alignment Of Business
Strategy To Business Obectives
There are many reasons businesses exist:
-
To build shareholder value: perhaps you’re looking to build a company that
enables you to be financially secure, buy your dream car, or gain celebrity status within your industry.
-
For growth: perhaps you aspire to be the next blue chip success story. But will your success be down to
organic growth, acquisitions or mergers?
-
A lifestyle
business: perhaps you’re tired of the ‘rat race’ and prefer to balance your work with other
pleasures in your life, like family, holidays and leisure pursuits, such as cycling.
-
Exit strategies: perhaps you’re
looking to retire or move on to the next challenge and need to bring your company to a point where you can exit smoothly and
successfully.
There is no right or wrong answer; the key is being clear
about it from the start as it will determine how your company, operations and strategy need to be structured, as it’s difficult – if not
impossible – to change later. Furthermore, communicating it to the rest of your business is essential. Fail to tell them the truth and your plans could be in jeopardy; you risk losing your teams’
trust, which will make them look for employment elsewhere, and demotivate staff, which affects productivity.
Getting it
right
Developing a robust business
model, which is capable of delivering your ultimate
business goal, is a complex and challenging task: economic uncertainty, fierce global competition, demanding customers, skills gaps, sales capability, leadership and finances…the list goes
on.
We work with our clients to develop flexible and lean business models,
which are capable of reacting rapidly to changes in internal and external factors. We help identify opportunities, neutralise threats to your business success and implement powerful
strategies that are designed to achieve your
goals.
We do this through a range of operational and strategy assessments,
including:
-
GAP Analysis: comparing actual performance against desired performance to
identify potential issues with recommendations to overcome them.
-
Business Drivers Analysis: investigating the relationships between potential drivers in your business and customer
behaviour.
-
Competitive
Analysis: considering your positioning within the market and how to achieve competitive
differentiation
See Assessments & Approach Click HERE
Book your complementary 30-minute telephone consultation
Our consultants have accumulated years of senior
experience in leadership roles within both SMEs and large enterprises and are fully qualified members of professional bodies such as
The Chartered Institute of Marketing
(CIM) and The Association of
Chartered Certified Accountants.
Let us help you to unlock your full potential and
overcome your corporate challenges.