Competitive Governance

Sustaining High Growth In Business

A success formula for today’s leaders

A gazelle has to outrun a lion every day in order to keep ahead and stay alive.

The ability for gazelles to run high speeds requires health, agility and stamina. These are characteristics shared by high growth businesses.

   

High growth businesses target rapid increases in revenue over consecutive years often doubling in revenue every 4 years. They tend to be small and medium sized enterprises. These gazelle businesses are the biggest job creators in North America.

Gazelle Businesses:

1. Know how to utilize the right resources, both people and finances.

2. Know how to differentiate themselves from their competitors.

3. Understand the route to the most profitable markets.

Gazelle businesses have a higher chance of continual success compared to other small and medium size businesses.

At the leadership level gazelle businesses seek out professional advice from experts in finance, production, customer relations and competitive governance. The advice on these facets of business is integrated into a strategic plan.

The plan is expressed to stakeholders through leadership vision, management mission and organizational goals. The aim is to ignite stakeholder passion by setting out a long term direction for the business coupled with achievable milestone goals and targets.  

At the operational level gazelle businesses are able to infect employees with the founder’s passion to excel and sustain high performance in executing work functions.

Passion builds self-esteem and energizes the employees to strive towards achieving set targets.

When targets are hit, everyone from the top leadership all the way down to the rank and file staff experience a sense of self-achievement. A high esprit de corps permeates the work teams. 

Gazelle businesses focus on competitiveness. Financial investment in good governance practices, human resources training and market development is done. This investment is key to ensuring high growth. 

Gazelle businesses succeed even under extremely adverse economic conditions.

Seek the expert consulting advise necessary to lead a gazelle business. 

Siddha Param
International Business Consultant
Winnipeg, Manitoba, Canada

WorldwideBusinessConnection.com

All business is local. All markets are global.

http://ca.linkedin.com/in/siddhaparam

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Competitive Governance

COMPETITIVE BUSINESS GOVERNANCE

Positioning Business to Seize Opportunities    

Competitive Business Governance helps business leaders and managers to focus and build on the inherent strengths of their business. This leads to consolidation within existing markets with the added ability to seize opportunities in new markets. 

Re-evaluating the core business and identifying the true competitive strengths within the organization is critical. To do this requires a fresh perspective best achieved with an out-side consultant sitting in with the top leadership and management team. This leads to a more holistic view of the organizations inherent strengths and weaknesses. 

Begin by asking the consultant to help the leadership, management team and key personnel to identify preliminary issues that need to be addressed. Once a preliminary assessment has been made the parameters of the consulting exercise can be defined.    

The consultant can work with the leadership and senior management to:

1. Evaluate the strengths and weaknesses of the existing business plan and strategic goals to determine the effectiveness of the business strategy.

2. Evaluate the degree of alignment of management practices with the business strategy

3. Identify growth capabilities in reference to:

3.1. Consolidating existing business within existing markets;

3.2. Expanding existing business into new markets;

3.3. Developing new areas of business within existing markets;

3.4. Developing new areas of business for new markets;

4. Evaluate existing human resource capabilities.

5. Map out existing formal business collaboration structures, networks and channels.

6. Map out existing informal business collaboration structures, networks and channels.

7. Utilize the information to help leaders and managers to govern, lead and manage more effectively. 

Global business realities are compelling business to undertake this critical re-evaluation exercise. This exercise consolidates competitiveness in existing markets and positions businesses to seize emerging business opportunities.

Siddha Param
International Business Consultant
Winnipeg, Manitoba, Canada

WorldwideBusinessConnection.com

All business is local. All markets are global.

http://ca.linkedin.com/in/siddhaparam

https://twitter.com/siddhaparam

https://www.facebook.com/siddha.param

http://www.youtube.com/siddhanet