One of the certainties of business is that you cannot succeed unless you know where you want to go and determine how to get there. Strategic planning is deciding to go in specific chosen directions over others – what goals to set, how to invest your money and resources, how to compete in your market, what risks to avoid, how to recognize opportunities and when to seize them.
Once your plan is in place, it gives you a solid foundation for meeting your challenges and reaching goals such as growing your business. A strategic plan provides the north star to guide your company to ever-increasing success without taking expensive and fruitless side excursions. PMG helps you to recognize how to seize opportunities and avoid costly mistakes through every phase of your company’s life cycle. We address issues throughout your organization including finance, operations, human resources, technology, product development and marketing.
It’s Easier for an Outside Expert to See the Forest for the Trees
45% of businesses fail in their first five years, and 75% don’t make to their 15th year. Even established, famous businesses stumble, often because they fail to innovate. For example, Kodak or Polaroid could have owned the digital camera market had they recognized the need to act. Instead, they both succumbed to the digital camera revolution. It can be difficult to pick the right path when you are in the thick of the day-to-day of operating a business. An outside eye with the right expertise can often see the strategic planning possibilities that may be invisible from within.
PMG Helps You Build Your Company on Market Realities, Not Gut Feel
To enable your company to full potential, PMG can help you to
- Create strategic planning for start-ups
- Develop strategies for transformations and new product lines
- Modify strategies that are no longer working
- Navigate mergers, acquisitions and divestitures
Learn More about Implementation and Leadership Development, the Other Two Business Pillars
You must use strategic planning as a foundation, but strategy on its own is not enough. You also need
Implementation
Specific steps, timelines and tactics enable you to successfully implement your strategies. We help to develop and oversee sustainable, ongoing processes.
Read more about Implementation
Great Leadership
Executive coaching helps develop visionary leaders who can build great teams and shepherd your organization through change.
Read more about Business Coaching
