What will your business be like in the long term – 10-15 years? How realistic is it to maintain today’s profitability and profitability?
Companies, with sales growth of more than 20%, usually reduce it to 8% within 5 years, and to 5% to the ten-year mark. To achieve continuous sustainable growth tomorrow and the day after tomorrow, it is necessary to ensure the conditions for it today.
Continuous sustainable growth can be achieved through several points of effort: today’s business, planned new revenue streams and new ideas that have yet to be tested. It is important to maintain a balance of effort and resources.
Continuos sustainable growth is the goal of almost every company or group. But finding ways to grow has never been so challenging. Markets are becoming more saturated, and price flexibility is increasingly limited to low-costers and discounters. In addition, the duration of product line update cycles increases with the quality and functionality of products.
Searching for ways to grow raises the following questions:
- How can we maximize the growth potential of existing businesses?
- How can we stay ahead of the industry and competitors?
- Which growth opportunities in related markets are most attractive?
- Where and when will medium- and long-term opportunities become growth points, and what do we need to do to take advantage of them?
- How do we prioritize the growth opportunity spectrum?
- How do we adapt an organization to follow selected growth paths?
My publications on the issue:
What Is a Growth Strategy and Whether Your Company Needs One
Need a hand of an experienced professional? Our collaboration can take various forms. Just send me a message so we can start working on your tasks today!
My work has already helped
to improve management in companies in 11 countries, operating in 137 cities
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The Clients Are Saying:
Vitaly’s opinion sometimes dissonates with our well-established ideas, but he knows how to be very convincing
Besides the impeccable content of the study, I would like to note a vivid and convincing presentation of the results. Impressive!
Excellent response to suggestions and comments in the course of the project and an in-depth knowledge of the “Strategy Development” theme. Much was beyond my expectations.
In the project “Strategic Management Design and Implementation” it is especially worth mentioning Vitaly’s commitment, despite the external circumstance. All promises were fulfilled timely and in full. Even a bit more!
We are grateful for the high-quality and honest work and looking forward to new cooperation!
In the “Strategy development” project, the result exceeded expectations in terms of depth and quality. Professionally done work!
The results delivered actually exceeded the required scope: we received a greater degree of detail on the criteria and a more complete list in the questionnaires. The result exceeded our expectations.
I can’t help but praise Vitaly’s determination. The project has always returned on its way to the planned results, despite all the objective difficulties.
Working with Vitaly is comfortable and productive
The consistency and persuasiveness of Vitaly’s actions helped us to carry out a difficult and complex business reorganization without complications. We learn first hand how much a solid experience in a transformation means.
Your musical tastes are so-so, but your vision is impressive, complex and has a long horizon.
Strategic changes are always a challenge. With Vitaly’s participation, we felt confident in their implementation.
Apparently, Vitaly’s experience in the Norton-Kaplan’s company was not in vain. The developed Balanced Scorecard facilitated greatly our long-term management and mobilized leadership.
Thanks to Vitaly, we began to manage the company strategically
We have made organizational changes faster and more efficiently than expected from the start. Everything was very professional.
In developing and implementing the Balanced Scorecard, all the work was done in good faith. Our expectations were either met or exceeded.
Our project was not typical, as it focused on criteria for evaluating the strategic process in a broad context. We are quite satisfied with the result. We received all the information we needed.
Vitaly’s excellent quality is his ability to become quickly integrated into the team and look at the company from the inside, which allows him to achieve maximum results in the task at hand.
Vitaly really knows how to solve complex business problems!
The consistency and persuasiveness of Vitaly’s actions helped us to carry out a difficult and complex business reorganization without complications. We learn first hand how much a solid experience in a transformation means.