Accelerated Growth Strategies

Why standing still is not an option

We help you develop a robust growth strategy. Change can be risky. But those who are afraid to risk anything, in fact, risk everything. Your competitors will surpass you. Your customers will leave you. Your employees will move on. For your business to survive, growth is essential Though most companies strive for it, achieving growth is a difficult challenge. Only a minority of companies actually accomplish sustained, profitable growth.

When do you need to step back and rethink your strategy? For example: Your market or products have become mature. New competitors or technologies are disrupting your business. Economic crisis or industry upheaval is devastating your core business. New management or stakeholders want to take a fresh look at opportunities and risks. You have lost market share, key accounts or vital patent protection. Sometimes, it’s not an external threat, rather, management’s determination to take the business to the next level. An effective strategy inspires, motivates and guides your entire organization.

What INNOVAND can do:

INNOVAND works with companies determined to find the next wave of profitable growth in turbulent economic times. We focus on sustainable growth in terms of revenue, cash flow, profit and capabilities. Where do we find significant new growth opportunities? Some companies lose momentum or hit a wall in their traditional business lines and need to renew their core. We help such firms identify growth opportunities and platforms, often within their own businesses, customer insights and capabilities to rejuvenate themselves.

We help companies pursue adjacent businesses that strengthen their core. For example, new market or customer segments, distribution channels, geographies, The challenge is to take a meaningful step in a new direction, without taking a step too far. How can you do this successfully? Existing assumptions, beliefs and practices oftentimes hold you back. We help managers to look deep within their organizations and mesh their key capabilities with external market opportunities that can drive sustained, profitable growth.

Successful growth requires effective implementation. That is why INNOVAND works closely with all appropriate managers and employees to jointly develop the growth strategy and implementation plan. Your team must feel a sense of personal ownership. The right people from your organization must be involved – up front, to define the objectives and results to be accomplished and throughout the process, as the strategies are developed, the priorities determined and the implementation responsibilities assigned.

Next steps

To learn more about our work in this area or discuss your situation, please contact us. Or to read about INNOVAND capabilities in other areas, click the appropriate service.