Dave Power, of Power Strategy, a former CEO and private equity guy, loves to talk about Top Line Growth – and how to get more. Some of you may remember Dave from when he came to Philly last year to talk at our Growth Strategies Summit. He’s passionate about the subject of beating the “S” curve and I’ve learned a lot from him about staying on top of your market and NOT resting on your laurels.
If a tsunami affected your business tomorrow, would you still stay on track with your plan? A few years ago, that exact scenario happened to one of our clients, who was implementing the “Habits”. Thanks to the Habits, the executive team had a plan, were aligned to their priorities, and had great meeting rhythms. The whole company remained focused, despite the turbulence and they still hit most of their goals for the year. So what's your "tsunami" goal? If your business was affected by a major crisis tomorrow, would you be able to stay focused on your goals and deal with the disaster too?
Someplace between $5M and $25M, most companies hit "the wall", and executives feel like they’re running in place – no matter what they do to try and grow their businesses. Not a straightforward or simple task as many of you know. Predicting, delegating and managing effectively take more than having the right talent.
For the fourth year in a row, “Holding key people accountable” has been in the top 2 challenges that CEO’s have cited on our Growth Strategies Survey of small and mid-market businesses throughout the region. When one CEO in the audience, somewhat perplexed asked, “Why does that keep coming up? Aren’t you helping them to do something about it?” I was a bit stumped for a minute. The answer seemed obvious to me - but maybe not to him.
Discovering your personal mission in life is not necessarily a straightforward journey (as I wrote last week) but it is certainly a worthwhile one. Having a clear sense of what your mission is, and being able to communicate that sense of purpose to others is an essential part of exceptional leadership – and – the basis for gaining others’ commitment to follow you.
If achieving a desired future were easy, everyone would do it - quickly and easily. Even if your vision is clear and you can articulate a detailed destiny, there are always obstacles in the path. In our experience, we find that obstacles come in three flavors... Wondering what your obstacles are? Click below read more!
