ALL COMPANIES HAVE STRENGTHS AND WEAKNESSES. DO YOU KNOW YOURS?
According to HBR 96% of companies fail to scale. However, greater profits, less drama, and increased market value are at your fingertips. Once you know your strengths, weaknesses and areas of improvement, you can develop a growth roadmap for your company’s success journey. You can increase the chances that your company will be in the 4% of companies that successfully scale up!
According to John D. Rockefeller, any business, regardless of industry, size or location, can be successful if they master decisions in key areas of Cash, Strategy, Execution and People. Let’s take a look at each of these areas.
Growth companies’ most difficult decisions revolve around getting their right people in the right seats and doing the right things with clear accountabilities and metrics. Is everyone in your company pulling their own weight and contributing as they should?
The key to sustainable topline growth is three-fold; knowing your core customer, developing a clear brand promise, and developing your 3 Year Highly Achievable Goal. Does your company have a solid top-line revenue growth strategy in place?
One common challenge that quietly sneaks up on successful growth companies is the subtle transition from precise execution to complacent and poor execution disciplines. In fact, as much as 80% of companies that fail to scale, are due to poor execution disciplines. By simply tightening up your execution habits, you can dramatically improve gross margins and profitability while reducing the time it takes for everyone to complete their work, freeing up the leadership team to spend more time on market-facing activities. Are you consistently setting and achieving your quarterly revenue targets?
Do you know your cash conversion cycle? In other words, how does your company make money? And what are the steps in the process for sales, buy/build, Delivery, and Billing? If “growth sucks cash” then do you have all the cash, you need to grow your business?
Would having access to a premium executive coach be helpful as you build your companies One-Page Growth Roadmap? Think about it. What if you could get everyone on the same page, and aligned for accelerated success?
The Gravitas Impact Four Decisions Assessment (4D) is built off of the groundbreaking work of Verne Harnish’s bestselling book, “Mastering the Rockefeller Habits”. The 4D assessment examines how healthy and optimally your business is operating in each area. Additionally, the 4D helps you efficiently identify problem areas, better leverage strong areas, and ensure overall growth for your company.
For your Free 4D Organizational Assessment Click Here. Don’t Delay. Get A Coach TODAY. Click here to set up your free introductory coaching session with a premium executive coach dedicated to helping you get the success you’ve been looking for!