CEO's need Growth.
And Growth needs Strategic Financial Planning.
And Growth needs Strategic Financial Planning.
If you’re a CEO, this should be on your agenda.
If you’re not a CEO, this is on your CEO’s agenda.
Which means it’s now on yours.
There are two kinds of growth: Organic and Inorganic.
If you’re not a CEO, this is on your CEO’s agenda.
Which means it’s now on yours.
There are two kinds of growth: Organic and Inorganic.
🎯 Organic growth is built from within, leveraging existing capabilities to incrementally increase market share and revenue.
VS.
🎯Inorganic growth is pursued externally, requiring strategic partnerships, JVs, mergers or acquisitions to scale operations.
VS.
🎯Inorganic growth is pursued externally, requiring strategic partnerships, JVs, mergers or acquisitions to scale operations.
Regardless of strategy, both types of growth strategies demand a strong foundation in:
➡️ strategic financial planning
➡️ customer relations
➡️ brand management
➡️ innovation management
➡️ strategic financial planning
➡️ customer relations
➡️ brand management
➡️ innovation management
🎯 Here is a 60 point growth checklist to help CEOs and their teams execute on their growth strategies:
1️⃣ Organic Growth:
➡️Growth through internal initiatives (product development, market expansion, and improving operational efficiencies)
1️⃣ Organic Growth:
➡️Growth through internal initiatives (product development, market expansion, and improving operational efficiencies)
➡️Requires culture of continuous improvement and innovation
➡️Relies on reinvestment of earnings and may also involve external capital (debt/equity)
➡️Relies on reinvestment of earnings and may also involve external capital (debt/equity)
➡️ Could result in slower growth, but enhances the core business without the risks of external partnerships, or acquired / merged target integration.
2️⃣ Inorganic Growth:
2️⃣ Inorganic Growth:
➡️Involves mergers, acquisitions, joint ventures or alliances to achieve rapid market expansion and diversification.
➡️Demands rigorous due diligence, effective post-merger integration, and cultural harmonization to realize anticipated synergies.
➡️Demands rigorous due diligence, effective post-merger integration, and cultural harmonization to realize anticipated synergies.
➡️Often financed through debt or equity, necessitating substantial proactive planning, and a balanced approach to capital management and risk assessment.
3️⃣ Growth Fundamentals for Both Strategies:
3️⃣ Growth Fundamentals for Both Strategies:
➡️Strategic Financial Planning: financial and operating plans alignment, efficient resource allocation, and robust risk management
➡️Customer Focus: customer satisfaction and engagement
➡️Customer Focus: customer satisfaction and engagement
➡️Brand Management: reinforcing and evolving the brand identity to maintain market relevance and appeal.
➡️Innovation Management: a culture of innovation that encourages creative thinking and fosters research development, and novel ideas
➡️Innovation Management: a culture of innovation that encourages creative thinking and fosters research development, and novel ideas
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