13: What is a Strategic Initiative
Listen now
Description
In this episode of the Business Strategy podcast, host Steve Coughran takes a deep dive into the world of strategic initiatives. Join Steve as he demystifies what a strategic initiative is and explores how, when implemented effectively, they can help companies overcome strategic challenges, build competitive advantages, enhance the customer experience, and drive innovation. Steve begins by breaking down the concept of strategic initiatives, explaining that they are specific projects or actions undertaken by organizations to achieve their strategic objectives. He highlights the importance of setting clear goals and aligning these initiatives with the company's overall strategy. Throughout the episode, Steve shares real-world examples and case studies to illustrate how strategic initiatives have transformed businesses. He delves into the various ways in which these initiatives can address strategic problems, such as entering new markets, developing new products or services, improving operational efficiency, or expanding the customer base. Whether you're a business owner, executive, or aspiring strategist, this episode of the Business Strategy podcast is a must-listen. Gain valuable insights from Steve Coughran as he unravels the power of strategic initiatives and how they can propel businesses forward in today's dynamic and competitive landscape. Links: Do you have ideas or feedback to share? Email me at [email protected] To learn more about us, visit:  https://www.coltivar.com/ Check out our free masterclass "The Surprising Path to Excellence". Disclaimer: The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information. Support the show
More Episodes
Join me as I delve deep into the core of entrepreneurial success: passion. I'm Steve Coughran, a seasoned entrepreneur turned CFO sharing why passion isn't just a buzzword but a vital ingredient for sustainable business growth.Passion fuels perseverance, creativity, and resilience in the face of...
Published 06/20/24
Published 06/20/24
Welcome to the Business Strategy podcast. I'm your host, Steve Coughran. Join me and guest speaker Raph McGowan as we delve into the extraordinary journey of turning trials into triumphs and adversity into success. In this compelling conversation, we explore the real-life experiences and...
Published 06/13/24