Regardless of stage, size and sector, only 1 in 9 companies succeed in building a durable business.
Are you the norm?
Business Powers Assessment offers a methodical framework to gauge the factors that can make or break your business, putting at your fingertips an actionable understanding of your business powers to clear hurdles and accelerate traction.
Entrepreneurs are experts in their field but novices in many areas of business. The major constraint on their success is not the quality of their product or service, or the intellectual property that protects it, but rather the inability of the company to leverage their powers to secure and capitalize on commercial opportunities. Power determines range and when range is narrow, it leaves a company with very little leeway.
“If you know the enemy and know yourself you need not fear the results of a hundred battles.” – Sun Tzu
Business Powers Assessment analyzes the Top 3 Powers of Business:
- Power in Storytelling
- Power in Business Model
- Power in Decision-Making
Knowledge is power! As a business owner, that’s true now more than ever. Don’t lose employees, customers, sales, or revenues trying to patch the gaps in your business. Get to know the ins and outs of your business powers to positively clear hurdles and seize opportunities.
What We Do
Limit uncertainty, avoid pain and expand your financial runway with Business Powers Assessment.
Business Powers Assessment will look at the building blocks of your business, analyzing their strengths and weaknesses. Our experts will discover where your business loses power, and how to eliminate the leaks.
- Power in your Storytelling:
People have been attracted to stories for thousands of years as stories help us relate to other people. It’s no surprise that storytelling holds the first of the Top 3 Powers of Business, as it touches all your stakeholders.
- Brand Promise: People aren’t interested in buying your products or services. They are interested in the benefits that come from buying them. How well you share your commitment to your audience on how you will consistently deliver your unique value has a direct impact on your sales.
- Customer Experience: A great story leads to action and is shared repeatedly by your customers through recommendations and referrals. Your customers have the power to control your story and, based on their experience, they may adversely affect your traction in the marketplace.
- Culture: Creating a catchy slogan to appeal to customers is not enough since your main audience is internal. Your Brand Promise drives all of the company’s actions and investments in people, processes, products, technology and delivery channels.
- Power in your Business Model:
Every business owner starts a business for a variety of reasons. Whatever the motivation is, it all comes down to creating value, whether it’s business value or personal value. Your business model is the way in which your company births value for all stakeholders, generates revenues and retains profit.
- Operation: The structure and systems of your business define how resources are organized and operated, including roles, responsibilities and accountability relationships, providing a clear and consistent blueprint for how business is done daily.
- Finances: Irrespective of the size of your organization, finances are regarded as the nerve center of the business. Finances focus on being proactive in planning ahead and managing your cash flow i.e. the lifeblood of your business.
- Innovation Capacity: It is difficult to overstate the exponential speed of change in business. Companies are born and die faster every day. To remain relevant beyond the current ways of doing things, can you adapt and proactively act with greater agility, speed and creativity?
- Power in your decision-making:
Business leaders are faced with dozens of decisions every day that may impact the future of their organizations. Decision-making is a constant and indispensable component of running a business. Rooting bias from your decision-making process will get you ahead of the game, stress-free.
- Goals: Goals articulate a company’s mission statement, bringing its vision to fruition. Their inherent values determine how a business is steered in the right direction. Unfortunately, figuring out exactly what the right direction is, and the road map to get there, is not a no-brainer.
- Execution: How do you measure the ability of both the management team and employees to perform? It includes capabilities, competencies, attitudes, beliefs and motivation. More than just the skills needed to support an organization’s growth and next step, execution reveals the unwritten rules that define how work is really done.
- Reporting: Metrics are important because they offer feedback. However, more critical than just having metrics is implementing the right metrics that drive success in the right direction, otherwise a business is just working faster in the wrong direction.
Business Powers Assessment helps companies identify gaps, inconsistencies and weaknesses in their business powers and understand where and what changes should be made to realize maximum traction and achievement of their goals. You have stagnated, declined or not reaching your potential for a reason. We will identify and recommend corrections to move your needle.