Before embarking on the next stage of your business journey it is good practice to take stock and understand your current business performance to identify whether you are still on track to deliver your objectives.
Facilitated by a consultant, the review is a high level strategic review designed for business owners and senior management teams to give clarity on vision and aspirations and help you to understand both the opportunities and road blocks for growth. The outcome of the review is a clear and deliverable business road map.
The review will consider the following:
Vision
In this discovery stage we take time to understand the business owner’s vision, the motivation, and the desired shareholder outcomes. We will identify the business growth stage so we can plan and prepare for the next phase of the journey.
Business Diagnostic
Our digital business diagnostic will allow us to assess nine areas of your business. We will review your business strategy and ensure your sales and marketing plans are correctly aligned to deliver the desired growth. The diagnostic will also analyse your physical and human infrastructure to make sure you have the capability and capacity for growth. The outcome of the diagnostic is to identify potential constraints to growth that can hold a business back. You can think of this diagnostic as a business health check or MOT.
Headroom for Growth
We will also look at the markets and sectors that you currently operate in to ensure there is adequate headroom for growth and review your product and market development plan to meet any growth opportunity.
Business Road Map
Next, we come to the define stage of the SMART review where we bring together the information we have collected and create a 12-month business road map. This road map will detail your high-level business priorities and chunk these down to key operational departmental actions that are realistic and deliverable. From this, we will identify the key fixes for your business that SMART Coaching can offer (66 in total) and agree the next stage of engagement.