Reality of GrowthLeaving no stone unturned |
When was the last time you stepped outside your business, took a breath and thought about the value your business is creating?
Over the next ten weeks we are publishing a series of ten guides which really cut to the chase and will get your business on the growth cycle.
They tell the real story and leave no stone unturned on how to tackle the often complex challenges that can literally trip up a growing company in the fast paced race to be successful in today’s challenging market.
Each week, we’ll put you in touch with the Deloitte experts in your region – now is the time to capitalise on the fact that we’ve got you covered!
Download the guides
Guide 1 - Execute the strategic plan
When Hillary conquered Everest in 1953 it marked one of the great achievements of human courage and endurance. It also showed how success comes from careful planning, risk assessment and analysis, knowing the competition (in Hillary’s case this included knowing himself) and above all having the determination to carry out his vision right to the wire no matter how difficult it might become.
Guide 2 - Alliances - making partnerships work
Resources are stretched. Your company is growing rapidly. You need additional resources and expertise, yet you’ve got to reserve capital. A merger or acquisition would solve a lot of the problems but you can’t bear the thought of somebody else making the decisions. Sound familiar?
Guide 3 - It’s a risky business growing up
Is growth risky? Of course, and if these risks are feared, ignored or dealt with inappropriately, you’ll never reach your potential. If recognised, understood and managed properly, risks are part of growth. Don’t underestimate how hard it is to get risk under control.
Guide 4 - Raising capital in New Zealand
Raising money is tough. It takes time, energy and 100% commitment. How to focus on the day-to-day grind of managing your business, yet also commit fully to the funding process, is a ‘Catch-22’ that challenges even the most experienced entrepreneurs and managers.
Guide 5 - Is the tail wagging the dog? Sales vs Marketing.
We will walk you through:
- why sales aren’t enough – time for a strategic marketing pedigree
- developing your plan – brushing up on Marketing 101
- executing and refining your plan – so your customers won’t walk.
Guide 6 - Outsourcing – buying quality time to invest in your business
Just like growing families who are stretched managing households, careers, school, sports and relatives, growing companies can be stretched by inadequate infrastructure and capability. Whether a family or a business, both should stop and think; what are they good at, how can they do better, and what can they lose? In other words, outsourcing functions or activities that could free up resources or deliver specific expertise and give you a competitive advantage is what this guide is all about.
Guide 7 - Technology – driving tomorrow’s vision
We’ve all heard them – gut wrenching stories of technology projects that have gone horribly wrong – sometimes to the point of bringing a business to its knees. But there are early signs that tell you when technology is like an express train and heading off the rails. In fact you know you’re in serious trouble if your company...
Guide 8 - Organisational design – building solid foundations
Whatever your goals, you need the right organisational structure to deal with changing priorities and more complex market opportunities. For growing companies, success is very much tied to the need to develop strategies and structures to manage that growth, and at the same time, outsmart and outrun the competition.
Guide 9 - The good oil on the corporate pit crew
Developing and implementing a successful growth strategy depends on the commitment of the people supporting you. Businesses have to anticipate what sort of people they need to drive them forward. They need to develop motivating, energising environments and put the right checks and balances in place to ensure they can achieve pole position.
Guide 10 - Leadership – leading the charge
Growth increases business complexity. This changes the rules of the game, creating a demand for successful leaders who can efficiently and effectively adapt and react to change. The enormity of the task of juggling a growing business while growing a leadership team is often underestimated. Existing levels of management, increasingly complex commercial needs and the lack of time and resources only add to the frenzy on the field.
We’ve teamed up with journalists Bernard Hickey and Andrew Patterson to set-up the BUSINESS section on interest.co.nz – the place to go for sound financial advice, news and information, and up to the minute stories about how to grow your business, how to guides and commentary. If you have a story you’d like to share that you think would benefit other growing businesses please contact Millie Vingrys on 09 303 0919 or email mvingrys@deloitte.co.nz. Sign up to the weekly run down here >
