Finding Strategic Success in Letting Go and Moving On

In times of planning, we ask questions like, “How do we continue this momentum?” and “How can we improve results?” We want to understand the keys to success – the path we should follow to get where we want to go. And yet, we sometimes forget that the path to success is simply moving forward.

Letting go of the old is a precursor to ushering in growth.

There are many times personally and professionally when you will need to let things go and move on to grow. How do we stop doing what we’ve always done and start doing something new?

Topics: Strategy Strategic Revenue Growth Planning Change Management

Can Your Strategy Overcome Tomorrow’s Challenges?

Turmoil and uncertainty aren’t going away anytime soon. So, as business leaders, we are left with two choices – bemoan this fact or do something about it!

Complaining about reduced budgets, labor constraints, accelerated timeframes on go-to-market strategies, added competition, increased channel options, and the like are futile efforts. There will always be challenges, but there are also tools, processes, and people that can help you overcome these challenges!

Winning companies understand this fact. Their success is built on the ability to analyze where they are today and use that knowledge to find the resources that are going to get them where they want to go tomorrow.

How exactly do they do that?

Topics: Strategy Strategic Revenue Growth Technology Training

Leveraging the Benefits of Marketing Automation to Grow Revenue

With all the buzz right now around integrating AI and automation solutions into organizational strategy, it is worth taking the time to understand what kind of benefits marketing automation can offer and how to best utilize it to drive organizational success.

Let’s look at which kinds of activities are included in marketing automation, where it is best utilized to drive value, what its limitations are, the ethical considerations to keep in mind along the way, and what is coming next.

Topics: Revenue Growth Strategic Revenue Growth Marketing Trends AI

The Secret to Improving Strategic Alignment

Business alignment is everyone rowing in the same direction at the same time to get where they want to go together. When departments and divisions across the whole company are aligned around a singular objective, they will accomplish what they set out to do. Therefore, alignment is how businesses achieve their goals.

However, alignment is far more elusive than many business leaders realize. A Harvard Business Review analysis of strategic alignment made the following discovery:

“We asked more than 500 frontline employees, middle managers, and senior executives across 12 different organizations to indicate how aligned they thought their companies were with respect to corporate strategy. And we found that the participants were largely optimistic, on average reporting that they felt strategic agreement within their companies was 82%. But when we analyzed detailed written explanations from those same employees around what their company’s strategies were, we found that actual alignment (as measured by the linguistic overlap in the concepts and words they listed) was, on average, just 23% — two to three times lower than perceived alignment.”

Of course, that begs the question, would you even know if your organization was misaligned?

Topics: Strategy Strategic Revenue Growth Action Plan Revenue Development Action Plan

Why Busyness is a Revenue-Killer

An article in the March-April 2023 edition of the Harvard Business Review titled Beware a Culture of Busyness had a very strong message to share with readers: “Organizations must stop conflating activity with achievement.” It explains why busyness has become so valued in organizations these days as well as the significant damage that results from prioritizing and rewarding busyness. If you get a chance to read/listen to the article and want to share your thoughts with us, feel free to do so.

We would like to add our own thoughts based on what we have seen from helping B2B companies achieve strategic revenue growth for almost two decades. In our efforts to help move organizations away from a busyness culture we’re discussing the dangers of being busy, who is to blame for today’s busyness culture, and how to evolve to increase profitable revenue.

Topics: Revenue Growth Leadership Strategy Strategic Revenue Growth SMART Revenue Revenue Generation Business Culture

How to Reinvent Your Business to Jumpstart Revenue Growth

There is an old adage in business: “If your business isn’t moving forward it’s standing still, and your competition is gaining on you.”

This time of year I have a lot of conversations with business leaders about how they can get their business moving in the right direction. The CEOs I talk to tend to fall into one of two camps – either their organizations are in decline (their sales have fallen off and they need help bringing them back), or they have plateaued (their growth has gone stagnant, and they need help jumpstarting it).

In either scenario if business leaders choose not to do anything, they will just continue in the circumstances they are in. They will either continue declining until they fail, or they will remain plateaued until their competitors overtake their market share and then they will fail. The outcome is the same, although the time horizons will differ. If, however, these business leaders decide to take the steps needed to reinvent their organizations, they can achieve the outcomes they desire now and continue to evolve in the future.

Topics: Revenue Growth Strategy Strategic Revenue Growth Action Plan SMART Revenue Revenue Development Action Plan

Accelerate Your Revenue Growth in 7 Steps

There is plenty of advice available for business owners and CEOs of struggling companies to help them right the ship. But what if your “problem” is simply just that you are doing well and need to figure out how to take the next steps to grow revenue?

Every day I work with organizations that are succeeding, but they are stuck where they are. Their current revenue figures have plateaued, and they are unable to get to that next level. The issue they need to tackle is not staying afloat, it is figuring out how to increase their speed to win the race.

How do companies that have their business model figured out and are on sure footing propel themselves forward to that next leap in revenue growth? This revenue growth guide will give you the tactical advice you need to build a growth strategy to take your company to the next level!

Topics: Revenue Growth Profit Strategy Strategic Revenue Growth SMART Revenue Revenue Generation Planning Revenue Development Action Plan

Is a CRO a Change Agent?

Over a decade ago, an article in the International Journal of Management, Business, and Administration defined a change agent in the following way:

“A change agent is anyone who has the skill and power to stimulate, facilitate, and coordinate the change effort. Change agents may be either external or internal. The success of any change effort depends heavily on the quality and workability of the relationship between the change agent and the key decision makers within the organization.”

And in the time since, this definition has remained relevant while the use of the term “change agent” has become more widespread.

However, this term has not always been looked upon favorably. Back in 2016 Forbes published an article declaring change agents “a hoax” and setting the internet ablaze with well-articulated counter perspectives arguing the importance of change agents. In the years since, the business world has come to embrace the idea of change agents and understand the value that they can bring to organizations undergoing significant changes.

Topics: Leadership Strategic Revenue Growth CRO Chief Revenue Officer