Do you have a business strategy? Are you making decisions at the tactical level, and how do they measure against your strategy? Are they advancing it? If you don’t have a strategy, how do you design one? Professor Freek Vermeulen of the triple-crown accredited London Business School wrote the following about business strategy:
“A real strategy involves a clear set of choices that define what the firm is going to do and what it’s not going to do. Many strategies fail to get implemented, despite the ample efforts of hardworking people, because they do not represent a set of clear choices.”
Do Federal Government Agencies Need A Business Strategy?
Insights on knowing and using your organization’s business strategy, as published by Harvard Business, state that strategy is not just for the corporate world. Government agencies might not be required to make a profit, but they do need to demonstrate value. To achieve success and prevent funding cuts, everyone needs to understand the agency’s strategy, how they can contribute to it, and how the achieved results are demonstrated.
Are Your Mission Objectives Still Relevant?
The reality is that in today’s world, changes happen with increasing frequency. Though businesses don’t change their strategies, mission and objectives to suit the times, they do need to be revisited to ensure they remain valid. Does your current mission statement still reflect your company’s focus and purpose? Do the objectives still define what must be done to achieve the mission? Executives from a global management consulting firm believe that business leaders need to think of strategy development in turbulent times as a continuous process, rather than falling back onto the traditional model of a defined multi-year plan.
Designing A Business Strategy
There are key principles to planning a business strategy. Each organization, agency, and business is different, but ultimately the aim is to draft a strategy that shows where the business is, where it needs to be, how to get there, and how progress is measured. ConSec Solutions, Inc pursues the advancement of strategic planning to meet each client’s unique challenges. We work closely with our clients to identify, develop, and implement strategies that exceed organizational objectives.
We have been recognized and trusted to serve on significant programs across Federal Government Agencies and the Department of Defense. We can work with you to design a business strategy. Contact us at ConSec Solutions, Inc today.
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