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1_Strategy

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STRATEGY Step One<br />

Step One STRATEGY<br />

Why do you<br />

need a business<br />

strategy?<br />

It doesn’t matter if you are a big or a small<br />

company. Once you have a clear strategy, you<br />

will know where you are going and why you<br />

want to get there. This will allow your other<br />

business plans including your sales strategy,<br />

marketing strategy, operational plan and<br />

resourcing to align with each other.<br />

I see so many companies which have these<br />

four elements in place but with no alignment to<br />

each other. Four individual plans without a<br />

common purpose.<br />

A business strategy creates the ‘big picture’ for<br />

your company; and once this is in place, you<br />

can create clarity on the path you will take. As a<br />

result, you’ll be more productive and profitable -<br />

and avoid wasting time and resources on things<br />

that aren’t part of the strategy.<br />

Start by aligning all your business plans<br />

towards one common goal.<br />

Sales<br />

<strong>Strategy</strong><br />

Marketing<br />

<strong>Strategy</strong><br />

Operational<br />

Plan<br />

Resourcing<br />

<strong>Strategy</strong><br />

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