Even as you read this, many think of 'Forecasting', which is merely a segment of a true Growth Strategy.
Here are my 5 tips to set the stage for successful Growth Strategy.
1. Growth Strategy begins with a vision. Without imagination, creativity and even discontent in play, your results will be as cold, hard and flat as the table you've gathered around.
Visions + Visionaries are exciting, inspiring others to follow, stirring their minds on 'What Is Possible'.
2. Successful programs require all leaders to be active participants. Listening, contributing, pushing back, pushing forward together.
3. A cursory assessment of your teams, their performance, headwinds, data + metrics from all units plus industry insights are the starting point.
4. Allow 2x the time you planned to allocate for your first meeting. Pre-schedule 2 additional meetings to generate your viable, actionable Growth Strategy.
4. Everyone agrees on the clear outline of expectations and timelines.
5. Communicate early and often to your organization. Their feedback, insights and participation are all essential to ensure you achieve the goals you set.
Foster Strategies. ⭐⭐⭐⭐⭐
We move beyond forecasting to the rewards of a well-planned Growth Strategy.
#LifeBeyondForecasting
#Automotive
