Developing a successful business strategy
How we can help
IfM ECS has developed a fast and effective approach to business strategy development. It results in a clear vision for the future of the business, a shared understanding of which markets and product groups to focus on, your competitive position within those markets and a prioritised set of capability development projects.
The process has four key steps, based around workshops. Each workshop uses a structured yet creative approach to generate and review ideas leading to the identification of clear strategic options and a shared ownership of – and commitment to – the direction the company should take. This leads, in turn, to the definition and prioritisation of the projects needed to put the strategy into practice.
Refreshing your strategy
Strategy needs to be reviewed and refreshed regularly, as a matter of course. But when a change in circumstance (whether external or internal) threatens your company’s ambitions for growth, it becomes imperative to update your business strategy accordingly.
We can work with you to review and explore your capacity to grow, and to help you identify the best market opportunities. We use our ‘Business Strategy Refresh’ tool to:
- Review and update the business strategy
- Develop a tailored framework for exploring further business development and growth
- Focus on opportunity identification, prioritisation, definition.
Developing a strategy
IfM Education and Consultancy Services (IfM ECS) worked with specialist manufacturer Ceramicx to create a business strategy that is already delivering impressive results. Read the case study.
IfM Education and Consultancy Services (IfM ECS) worked with Stainless Metalcraft to develop its long-term growth strategy to triple turnover within five years. Read the case study.