I have found that once my clients have developed a compelling new growth strategy for their business, they are keen to achieve it as quickly as possible. Like Superman, they want to achieve their objectives in a single bound!
Unfortunately, that’s not often the most effective – or the quickest – route to growth. In my book, The CEO’s Strategy Handbook, I have set out the chart shown, which demonstrates a ‘stepping-stone’ approach to growth.
Growing your business typically requires a combination of reaching new customers and acquiring new capabilties. The stepping-stone approach highlights that you can achieve both these aims through a series of smaller projects rather than a single transformation.
Want to find out more? Just click here to download a free chapter of The CEO’s Strategy Handbook and/or to buy a copy.
© Stuart Cross 2012. All rights reserved.