Exploring the 6 Key Components of a Sound Business Strategy
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Your Expert Advantage: A Higher Level of Management Consulting Episode 1 Show Notes: Exploring the 6 Key Components of a Sound Business Strategy Today, host James Grieve, CMC and Connie Siu, CMC discuss her journey in consulting and goes into detail on the key components of a sound business strategy, and how to develop that strategy to help ensure long-term success. On this episode of Your Expert Advantage: A Higher Level of Management Consulting ● How Connie Siu got into the consulting profession and transitioned from a career in engineering ● The most rewarding aspects of consulting work ● How best to define the term ‘Strategy’ ● The importance of Strategic Planning for businesses ● The difference between sound strategies and mediocre strategies ● The 6 characteristics to an effective business strategy ● The value of an action plan and importance of a structured approach to strategy ● The tools that consultants can use to help companies develop their strategic plans ● The value of the CMC designation from the client’s perspective ● 5 areas that companies tend to overlook in their strategic planning process ● How consultants help companies sustain their efforts and continue to grow and develop ● What’s the role of a Certified Management Consultant (CMC)? ● How the ‘fear of missing out’ impacts organizations when developing their strategy ● How to manage consulting engagements where companies are resistant to change ● The importance of the use of key performance indicators (KPIs) and monitoring the results of your strategic goals; what are the meaningful measures that businesses should be using. Your Expert Advantage: A higher level of management consulting: https://www.cmc-canada.ca/management-consulting-podcast Connie Siu’s New Book : https://cdcsynectics.com/book-get-results-that-count-guide-for-business-results-measurement/
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