Corporate Growth- Scaling a Sustainable Global Business
AHA! Moments
Déjà Vue:
"We have major 'Status Quo bias'. Rigidity and unwillingness to change in some departments creates roadblocks and tension across the whole of the business hindering our growth."
Query:
Does your leadership team have the necessary growth mindset and ability to readily adapt to dynamic change?
Déjà Vue:
"We live in a 'hair on fire', chaos driven burnout culture. Managers and employees seem overwhelmed and unable to cope with the new levels of business success"."It feels like we need a whole new team - we just don't know what to do next."
Query:
Do you have a leadership competency and capabilities gap lacking experience and knowledge required to succeed at the next, next and next levels?
Déjà Vue:
"Process improvement initiatives required for growth are met with resistance, poor implementation and most often fail to achieve the expected results."
Query:
Do you have continuous improvement and change management champions? Do you follow structured process development and formal program implementation methodologies?
Déjà Vue:
"We launch new products in the market too soon with the mantra - 'We will fix it in the field later', shifting the burden of product recall, repair or replace onto the operations and customer service departments at GREAT expense to the business."
Query:
Do you adhere to a proven product development process which includes a market analysis, business case, specifications definition, design and development methodologies, verification and validation disciplines and formal "Go to Market" commercialization planning?
Déjà Vue:
"Our Operations/Fulfillment teams are out of sync with our growth and are not able to scale up in time to meet the new found levels of success. Everything is always behind schedule: tooling, equipment, inventory, documentation, training, on-boarding new personnel…"
Query:
Do you have a robust Strategic Planning process and a formal roll out of an Annual Operating plan to the company? Does your company have a framework to clearly communicate and measure progress on your business growth goals?
Déjà Vue:
"We grew through acquistions but the integration is proving to be time consuming, taxing and marginally effective. The 2 cultures are completely different and clash on a regular basis making us wonder if this was all worth it."
Query:
Do you impulse buy companies based on the belief of securing immediate market share growth the easy way - by purchasing it?