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A process to determine what the areas of strategic focus should be for our company.
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How to Engineer the Business You Really Want
Presented by Troy Treleaven –
Dale Carnegie Business Group
1. Most business plans lack real strategy
2. Most companies manage their income rather than create value for customers
3. Business strategies are not clearly thought out
4. 17% of Canadians are engaged in their company
5. Fewer than 10% well-formulated strategies are successfully implemented
1. Only 30% of Canadian companies invest in the growth of their people. Some spend valuable resources on training that produces little impact
2. Sales strategies, lead management systems, and client nurturing systems
are poorly planned and/or executed
3. Most leaders or owners try to replicate or clone themselves rather than recruit, hire and develop people disciplined in business creation, performance management and leadership skills
Improve Your Offering
• The cheapest and best way to improve your business is to think out how your offering matches who your customers are and what will motivate them to buyRobert Fritz
Author, Path of Least Resistance For Managers
Market Market ShareMatch –
Offering to Market Wants
Competition
CapacityManagerial
Effectiveness
RegulatoryUnionLegal
Capital
Analysing Business Reality
Analysing Business Reality
Ask 2 questions for each category
1. It is/is your business adequate or inadequate in that category
2. Is it improving or getting worse
Creating a Dynamic Engine
1. Desired Outcome - Vision
2. Current Reality
3. Action Steps
Cycle of Growth and Change
Awareness
ResourcesExecution
Results
VisionMarketOffering
MoneyPeople
ProcessesKnowledge trap
PracticeRightwith strong coaching
More coachingFeedbackFollow-upAccountabilityMeasurementRecognition
Strategy