This title highlights the two main goals: achieving growth and securing value. It avoids terms that might be associated with business jargon.
Here are some key ideas for a growth strategy focused on building and securing long-term value:
- Know Your Why: Clearly define what makes your company special and the value it brings to customers and others involved (stakeholders).
- Constant Innovation: Never stop innovating to stay ahead of the curve and meet your customers' ever-changing needs.
- Loyal Customers are Key: Build strong relationships with your customers, earning their trust and loyalty.
- Doing More with Less: Streamline your processes to become more efficient and cost-effective.
- Anticipate and Mitigate Risks: Identify potential threats that could harm your value or growth, and take steps to minimize them.
- Invest in Your People: Attract, develop, and keep top talent who can drive innovation and put your plans into action.
- Track Your Progress: Set clear goals to measure how well you're creating and protecting value.