Here are the top 5 questions I’d start asking:
1) Why are you here?
2) Who do you serve?
3) Where do you play?
4) What makes you win?
5) How do you grow?
These are the top 10 strategy challenges companies have.
I bet you suffer 10 out of 10…
People often mistake extensive work hours for progress.
Yet wonder why their businesses isn't growing as expected.
6) Lack of tools to thinking strategically (48%)
7) Lack of alignment (48%)
8) Firefighting (44%)
9) Lack of quality data and information (36%)
10) Unclear company direction (32%)
Based on my experience working with startups…
I bet your average answers would be over 80%.
According to a research study by Rich Horwath…
These are the top strategy challenges leaders face:
(And the frequency of each challenge)
1) Time (96%)
2) Commitment (72%)
3) Lack of priorities (60%)
4) Status quo (56%)
5) Not understanding what strategy is (48%)
...
Here’s the thing:
The key to a successful business is not just hard work.
It's strategy.
That's not a secret anymore.
So, if strategy is so crucial…
Why doesn’t everyone have a strategy?
Why can’t leaders think strategically all the time?