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Growth

There is No Excuse for Not Knowing Your Target

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“If you don’t know where you are going, any road will get you there.”

– Lewis Carroll

Two of the biggest mistakes I see leaders make when they are developing a strategic growth strategy involve the targeting of sales prospects.

The first mistake, and by far the most common, is simply not knowing who their target is.

The second, commonly found in early stage go-to-market organizations, is to assume everybody is a prospect.

The bad news: Many startups struggle with this, and it is sadly all too common for more established organizations as well.

The good news: It is not too difficult to develop a working definition for your organization.

Before diving into this topic, let’s start with a simple definition of “target market.”

Defining “Target Market”

Defining the target market for the products and/or services you are selling is a fundamental part of developing a strategic growth plan.

A quick online search will yield many definitions, here’s a pretty good one:

A target market is a group of customers within a business’s serviceable available market at which a business aims its marketing efforts and resources. A target market is a subset of the total market for a product or service.

Know Your Target

Developing an effective definition of your target market is one of the most significant, and often overlooked, leverage points in a go-to-market strategy.

What do I mean by “know your target”?

The logic behind this recommendation is straightforward – You need focus in order to be successful. Without focus, you will flounder in the marketplace and waste a lot of precious time and energy chasing bad deals.

Defining your target provides clarity for your team.

If you are very clear on your target then you also gain the luxury of focusing your limited marketing and sales resources solely on those targets. It is often just as powerful to know who is not a target, that way you can just ignore them.

Before getting in to details on “how” to develop a target market definition, let’s look at the other significant mistake many growth teams make.

“Everybody” is Not Your Market

It is very common in the startup world to hear excited company founders exclaim their market opportunity is almost infinite because “every company needs our solution.” (This is often supported by some lame back of the envelope math showing that they only need to convert 0.1% of the market in order to exceed their rosy sales projections!)

I have heard this many times from growth leaders and their sales teams.

Their enthusiasm and excitement is awesome.

As any venture capitalist or experienced investor will tell you, it is also very dangerous. Why?

Because, unless you have unlimited go-to-market resources, then every individual (for a B2C company) or every organization (for a B2B company) simply cannot be your target.

If everyone is your target, then your growth team will never gain the insights and experience they need to truly understand the prospect and deliver a meaningful value proposition.

You have to focus.

Ultimately, the life of your organization depends on it.

When times are great, many early stage organizations can get away with a loose or non-existent definition of their target market.

This kind of luck rarely lasts. It tends to get exposed by competition, exhausting the pool of early adopters, diminishing marketing ROI, or lack of sales skill.

Tips on Targeting

Most organizations find that they are able to create a working definition of their ideal target(s) with a small amount of effort. A great way to begin is with an analysis of your “best” existing customers, and using this as your starting place.

With a little more research, you can scan the broader marketplace to identify other logical segments that are also potential buyers for your products or services.

In marketing circles, this research is called segmentation, and the resulting definition is referred to as an Ideal Client Profile (ICP).

  • Knowing your market segmentation helps you prioritize opportunities and organize your go-to-market team and plans.
  • Knowing your ICP provides a great target for lead generation, it also helps you to refine the value proposition and messaging into tailored language that will appeal specifically to that ICP.

B2B sales organizations often choose to segment their market by readily available data points about their prospect organizations. This data can be publicly available, data you purchase, or data generated by your sales/marketing team. A few common examples:

  • Company size
  • Employee headcount
  • Annual revenue
  • Industry vertical
  • Geographic location or region

B2C companies may look at their potential buyer’s demographic data like age or sex, household income, home ownership, or geographic location.

Target or Die

For growth leaders and their go-to-market teams the imperative is clear: Know your target, or risk failure.

If you invest the time to segment your market and develop a clear profile of your ideal customer, then you will gain a huge advantage. Your marketing team will focus on generating more of the “right kind” of prospects, your sales team will close more deals, and the organization will grow.

This is win-win-win.

– Onward

About the author: Kimball Norup is the founder of 1CMO Consulting, a business strategy and growth advisory firm based in Sonoma, California. To read prior articles, or sign up to receive future ones by email, click here.

Nine Things That Can Sink Your Growth Strategy (and Your Company)

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Nine things that can sink your growth strategy

“You may not be able to control the waves of change, but you can build a different boat.”

– General Stanley McChrystal

As any seasoned entrepreneur or senior executive will quickly tell you, there are many things that can sink your growth strategy, and ultimately your company if you are not careful.

While it is almost impossible to predict the future, you can prepare for some of the most common growth challenges. It starts by recognizing factors that could negatively affect the growth trajectory of your organization, and then thinking strategically about your options for responding.

For those organizations, and leaders, who successfully navigated through the nightmare of 2020 there were many such learning opportunities. It was a year unlike any other, and for growth leaders it offered many lessons on how to survive and thrive in a true VUCA environment.

In this article, I will share a few of the more common challenges that I have witnessed.

Learning from the Example of Others

If you are really paying attention as a growth leader, you can learn many valuable lessons by observing the failure of others.

By understanding the elements that contributed to the failure, and identifying if they exist (or could potentially emerge) in your operating environment, you can make plans to prevent these challenges from derailing your organization.

The best part of this strategy? You do not have to endure the pain and suffering yourself!

Nine Common Growth Challenges (and how to avoid them)

Here are nine of the most common growth challenges, and suggestions on how to avoid them in your organization:

  1. No vision – A key element of strategic planning is to define your Envisioned Future. Without a defined vision and long-term goals, your organization will be aimless. During the pandemic, many organizations panicked but ultimately found their footing and a path forward. Some leaders reverted to “survivor mode” and did not uphold their envisioned future, losing sight of where they wanted to go, and likely losing the confidence of their team in the process.
  2. Strategy not aligned with core ideology – Most successful organizations have defined their Core Ideology (mission, values, and purpose.) In the past 12 months, many organizations failed to align their internal and external actions with their stated purpose and values. This misalignment might not show any immediate effect, but it creates a crack in the foundation that will only grow over time. The best growth organizations are consistently true to their purpose and values, in good times and in bad. Many organizations have some form of “honesty” and “integrity” in their stated corporate values…a great question for growth leaders to ask is, “Did our actions align with our values in the past 12 months?”
  3. Neglecting talent – Growth leaders recognize that most problems are ultimately people problems. As a result, they focus on getting the right people on the bus, sitting in the right seats. During the pandemic, many organizations downsized to protect their bottom line. While necessary to some degree, many organizations will discover they cut too far and are now unable to capitalize on a recovery ahead of more strategic competitors who kept their talent intact.
  4. Poor situational awareness – Let’s be honest, almost every organization was completely blindsided by the global pandemic. Very few saw that disruptive force coming. However, by paying better attention to their operating environment and developing better situational awareness, growth leaders can begin to anticipate other potentially disruptive forces.
  5. Lack of a plan – The side benefit to developing greater situational awareness, is that growth leaders can do scenario planning with their teams. While it is okay to be surprised, there is no excuse for being unprepared. Successful growth leaders are always asking questions like, “What is the worst case scenario?” and “How would our organization respond to that?”
  6. Failure to take decisive action – Successful growth leaders have a strong, and consistent, bias for action. During the pandemic, many organizations hunkered down, hitting the pause button on executing their growth strategies. While some slowdown was prudent – and in many cases necessary – to completely stop created a huge loss of momentum, and ultimately sent an inconsistent message to the market. Many of these organizations likely will not recover from the resulting loss of talent and market traction.
  7. Failure to pivot – Closely related to taking decisive action, is knowing when something is not working and it is time for a change. Growth leaders know that sometimes the best way to get through an obstacle is to chart a new course and go around it! They innovate new products or services, enter new markets, or find new ways to position what they are selling. In the startup world this is call a “pivot” and it is a vital life skill for any growth leader. The organization either adapts or dies as a result.
  8. Lack of liquidity – There is an old business finance rule that “cash is King.” In truth, it is King, and Queen, and probably the entire royal court. Liquidity is the fuel for any organization, and without it, the organization will likely fail. The obvious connotation of liquidity is money, but it also applies to people, and capacity. Every growth leader must ensure the organization has the required resources necessary to execute its growth plan.
  9. Failure to communicate – Finally, successful growth leaders are exceptional communicators. They have an open, honest, two-way dialogue with all their constituents – both internally and externally. They do not fall victim to the temptation of putting lipstick on a pig. This clear and consistent communication not only serves as a vehicle to share strategy, it also provides a continuous feedback loop, builds trust, and ultimately helps to sell whatever solutions the organization is providing.

Conclusion

The pandemic has taught us that if you do not take the time to imagine the worst, you might not be prepared when disaster strikes. Bad things come in many shapes and sizes, and they do happen. Even to the best organizations.

By thinking about these common growth strategy challenges ahead of time, growth leaders will have a big head start on how to avoid them. Others in the market might stick their heads in the sand and hope their challenges will go away. But not growth leaders.  They confront adversity head on.

The good news – you can learn from the experience of others and prevent them from happening in your organization.

The bad news – if you ignore them, they can be catastrophic.

-Onward

The Core DNA of a Growth Leader

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“A leader’s job is to look into the future and see the organization, not as it is, but as it should be.”

– Jack Welch

In order for an organization to grow, someone needs to take charge of growth and lead the effort.

This is the job of the growth leader.

A growth leader can have many different titles within the organization. Most often, it is the CEO, President, CSO, Head of Growth, or Chief Marketing Officer who is responsible for driving growth for the organization.

However, the job title alone does not guarantee competence or success. The title does not define the capability of the growth leader. Rather, it is how they think and what they do, which ultimately makes a growth leader successful.

In my experience, the best growth leaders share some common characteristics. I call these attributes the core DNA of a growth leader.

What are they? Read on…

Have a Growth Mindset

Having the right mindset can dramatically affect your habits, attitude, and actions. Your mindset will have an outsize influence on your ultimate success.

A growth leader is never happy with the status quo. They do not acknowledge any limitations, and are always thinking about how to evolve and grow the organization.

They are hardwired to view the world as “glass half full” by default. This is a growth mindset.

In my experience, the best growth leaders are passionate about growth, and this passion is infectious. They build teams, and organizations, that are hyper-focused on growth.

Focus on Talent

Growth leaders know that almost all problems in business are people problems. By extension, growth leaders also know that all solutions in business are also people solutions.

Successful growth strategy is largely determined by the people on your team.

Growth leaders relentlessly focus on attracting, developing, and retaining the best talent for their organization.

They know it is critical to have the right people on the bus, sitting in the right seats. They also take swift action to get the wrong people off the bus.

The best growth leaders also focus on creating new opportunities and providing professional development for their team. These leaders make every effort to coach and develop talent. This includes identifying the unique strengths of each team member, offering constructive feedback to help them improve in weaker areas, and presenting opportunities that not only leverage individual strengths but also benefit the business as a whole.

The benefits are many. With a growth mindset, leaders can develop a high performing workforce while also boosting morale and the bottom line.

Lead from the Front

Growth leaders know that scaling an organization is a team sport. They cannot do it alone.

They also know that every ship needs a captain, someone with a steady hand on the helm who leads from the front.

Growth leaders get out of the building and into the market. Growth leaders love to get dirty alongside their teams.

Acknowledge Unknown Unknowns

The best growth leaders accept that there are many unknown unknowns. They realize that they cannot possibly know everything, nor can they predict everything. However, that does not mean they should ignore potential disruptive forces.

They acknowledge that we are operating in an increasingly VUCA (volatile, uncertain, complex, ambiguous) business environment.

This unknown dynamic is not always comfortable, or fun. However, it is real and very likely not going to disappear. This uncertainty is a given, so growth leaders make plans to deal with it.

One proven solution for growth leaders and their teams is to develop deep situational awareness of their operating environment. This will help them identify potential disruptions before they happen. Over time, they will gain confidence in “seeing around corners,” or predicting, which events have a higher probability of happening.

Armed with this insight and analysis, growth leaders can then start to do scenario-based planning as part of their management cadence.

Disciplined About Strategic Planning

Growth leaders know that it is not very often you can shoot from the hip and be successful. Instead of a tactical and reactive approach, growth leaders take a disciplined approach to strategic planning.

Growth leaders seek to identify and bridge the strategic gap between Core Ideology (mission, values, purpose) and their Envisioned Future (vision, objectives) for the organization. They do this by creating a strategy and comprehensive action plan to get there, then taking consistent action.

True to Their Values

Growth leaders help define and evangelize the values of their organization. They also genuinely demonstrate these values each and every day through their words and actions.

Many organizations have some unique values, but there is absolutely no reason that honesty and integrity should not be on every organizations list.

Misalignment between an organization’s stated values and actions is a key predictor of failure.

Think Like a Scientist

Growth leaders are confident, and smart enough, to acknowledge they do not know everything.

What sets them apart is they do not attempt to hide it. Rather, they embrace gaps in their knowledge, and take a disciplined approach to learn more.

They are always in learning mode, and intuitively understand that lessons can come from the most unexpected people and places, if you are receptive to them.

Growth leaders are always asking questions like “why?”, “how?”, and “what if?” in an attempt to unlock more growth, at a faster rate, for their organization. They think like scientists and set up contained experiments to prove or disprove their theories.

Learn from Failure

Failure is part of the game regardless of your industry or role, or prior success. No individual, or organization, wins 100% of the time.

However, what sets growth leaders apart is they do not let failure define them. A key part of a growth mindset is combatting the impulse to wallow in self-pity and self-deprecation and instead make every effort to learn quickly from failure in order to grow.

With a growth mindset, leaders are able to analyze poor behaviors or tactics, identify what contributed to their failure, and make deliberate changes to achieve better success in the future.

This relentless line of inquiry does not always yield positive or useful results. However, it does get you much closer to a better answer over time. As Thomas Edison once said, ““I have not failed. I’ve just found 10,000 ways that won’t work.”

MFGSD!

Last but certainly not least, all growth leaders share one common attribute – they have a strong bias for action. They embody the MFGSD ethos, and instill it in their teams.

This relentless focus on execution is perhaps the most important element of a growth leader’s DNA.

Until someone takes action, nothing will happen.

-Onward

The 10 Commandments of Effective Growth Strategy

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“Business principles are only as good as the practices that back them up.”

– Chip Conley

Developing effective growth strategy is never easy.

The good news: While it is difficult, it is not impossible.

Fortunately, there are a few time-tested and proven growth principles. If you follow them, they will reduce your up-front time and effort while significantly increasing the chances of success.

Over the span of many years in growth leadership and consulting roles, I have enjoyed great success by following these simple, yet powerful, fundamentals. Now you can too.

If you follow these guiding principles, in sequential order, you will have the building blocks to create an effective growth strategy for your organization.

The 10 Commandments

Most of us are aware of the Ten Commandments, the set of biblical principles relating to ethics and worship that play a fundamental role in Judaism and Christianity.

While not quite as enduring or carved in stone like the original Ten Commandments, I believe these ten growth strategy principles can be very useful and informative for leaders seeking to grow their organization.

Here they are:

1 – Know Who You Are

This growth strategy commandment is first for a reason.

Why? In order for effective strategic planning to take place, you have to know who you are. In this context, “you” is referring to the organization.

This is your starting point.

Knowing the Core Ideology (Mission, Values, and Purpose) of your organization, and ensuring they are in alignment with your product(s)/service(s) and brand, is crucial for effective growth strategy.

If these elements are not in alignment, your growth initiative is highly likely to fail before it ever gets to see the light of day.

2 – Know Where You Want to Go

Every leadership team has dreams and aspirations for where they want to take the organization. Knowing your Envisioned Future (Vision, and Long-term Goals) is vitally important for effective strategic planning and execution.

As the old saying goes, if you don’t know where you are going, then how will you know when you get there?

Having clarity around your desired future state will provide focus, inspiration, and a convenient measuring stick to track your progress.

3 – Have a Plan

Once you know your starting point, and your intended destination, you are then in an excellent position to plot out a path forward for the organization.

In strategic planning, I call this stage the growth strategy thesis.

It is the product of all your understanding, insight, and best thinking about how you will navigate the Strategic Gap that exists between where you are today and your destination.

Your growth strategy thesis and plan become the roadmap you will use to reach the long-term goals of the organization.

Why is it a thesis? Because it is your best guess as to the path forward. The truth is you will not know until you start executing. Your strategy thesis is what you and your team are going to follow until you learn otherwise from market feedback. Then you can listen and pivot as required in order to keep moving towards your long-term goals.

There are many distractions for growth leaders when creating a strategic plan. The most successful ones focus on the fundamentals first:

  • Vision before strategy.
  • Strategy before tactics.
  • Focus on the big rocks first, in priority order.
  • Walk before you run.

4 – Get Real

Growth leaders need to practice a special kind of honesty.

This involves much more than just being truthful in our business dealings. Growth leaders need to have radical candor in assessing their organization, its product(s)/service(s), competitors, and the marketplace.

I call this getting real.

It plays out like this: If you are not real about your organization and the environment, then you are very likely to be unpleasantly surprised in the future.

Many of us have been witness to this kind of dangerous thinking in the business world. A few common examples:

  • “We don’t have any competitors.”
  • “Our customers love us.”
  • “ACME Company isn’t anything to worry about.”
  • “Every company needs our solution.”
  • “Our Widget is better than anything else out there.”

Successful growth leaders start their journey with deep introspection about the organization and the solutions they deliver to the market. After this growth assessment, they will also spend a lot of time out in the market gaining better Situational Awareness about the market(s) where they compete.

This level of honesty is the most important part of strategic planning. You have to put everything (good, bad, and ugly) on the table so that you can objectively evaluate it and plan around it.

Do not try to put lipstick on a pig…that generally only makes things worse.

Get real. If your product or service is crap, fix it. If you do not have the right team, make a change.

5 – Know Your Target (Market)

In addition to having clarity around long-term organizational goals, growth strategists also must strive to gain clarity around the target market for their solutions.

This often begins with market segmentation and analysis. Then, thinking deeply about where the organization can effectively compete and win.

These insights are often documented in the form of personas and an ideal client profile (ICP in growth parlance). Having consensus on this information is crucial in order for go-to-market teams to be able to do their jobs.

With personas and ICPs, marketing teams can define positioning and messaging, and develop appropriate lead generation campaigns. Sales teams can identify qualified prospects and know how best to close sales.

6 – Understand Your Buyer’s Journey

Knowing your target is not enough.

An equally important, and often overlooked, part of understanding your target market is to understand how prospects buy. This so-called “buyer’s journey” is the key to unlocking the puzzle of how to gain more sales, quicker.

Most go-to-market (GTM) organizations get this completely wrong.

Their mistake is to think that the prospects they have identified as ideal targets will fall into line and proceed stage-by-stage through the sales funnel that the sales organization has carefully designed. This is hardly ever how it happens in the wild.

Buyers are doing their own research, developing their own solutions, and working through internal approvals all outside of the view of sellers. In fact‚ Gartner research finds that when B2B buyers are considering a purchase‚ they spend only 17% of that time meeting with potential suppliers.

They are on their own buyer’s journey.

Smart sellers attempt to understand as much as possible about this journey, and then line up their sales process with the buyer’s buying process.

An important takeaway: Marketing enables sales. If you understand the buyer’s journey, you can then map the right marketing activities, educational content, and sales activities, to help coach and move the buyer along their buyer’s journey.

7 – Define Your Unique Selling Proposition

There are many ways to define value for a customer. However, one thing is true: If your prospect does not find value in what you are trying to sell them, they will not buy. Period.

In growth strategy, this is called a unique selling proposition (USP) – a clear statement that describes the benefit of your product or service, how you solve your customer’s needs and what distinguishes you from the competition.

Developing this can be a powerful sales tool. The absolute best sales superpower is to be unique. If there is no comparison, then you are free to compete on providing the best value for the client.

As one of my wise marketing mentors once shared with me, “an ounce of different is worth a pound of same.”

8 – Know Your Route(s) to Market

A crucial part of every growth plan is to know and understand your route(s) to market.

An organization can consider many different sales channels as part of their growth strategy. Selling directly into their target market(s), whether it is B2B or B2C, is the most common. Other channels include partners, wholesale, retail, OEM, etc.

Knowing your route to market is a fundamental requirement in order to define effective growth strategy.

In the earlier Buyer’s Journey commandment, I shared that marketing enables sales. Ensuring that marketing and sales are in alignment, and working in concert, is crucially important no matter what channel(s) you ultimately decide to use.

9 – Build a Scalable GTM Infrastructure

The ninth commandment is about building a solid foundation for growth.

We all know that you need a strong foundation in order to construct an enduring building. It is the same for organizations.

The GTM infrastructure for the organization includes people, process, technology, and data/analytics. Growth leaders must ensure the GTM infrastructure is both capable and scalable.

In the growth mix, technology can be a force multiplier if the core GTM tech stack (website, CRM, marketing automation, social media) are integrated. The goal of every growth leader is to make sure that marketing, sales, and client success are all working together effectively.

An added bonus to tech integration is that is allows us to measure everything. The ability to track and measure key metrics allows growth leaders to build a predictable revenue model, gain clarity on marketing ROI, and ultimately make intelligent decisions on how to optimize and grow the business.

10 – Develop a Balanced Marketing Plan

In order to grow the business, it is vital to have a balanced marketing plan. A consistent cadence of outbound and inbound tactics will help drive growth.

It is worth repeating this important concept: Marketing enables sales.

Marketing is an expense. For many organizations, it is one of the largest budget line items. However, with the proper metrics and accountability in place, it should also demonstrate enough ROI to justify the cost.

Unfortunately, marketing is often viewed as a one-time event. In order to drive consistent growth, you have to commit to an ongoing go-to-market process and a long-term plan. An intelligent balance of marketing tactics, consistently executed, is always the best path forward.

Avoid spreading your marketing efforts too thinly – if you are budget challenged it is much better to do fewer things, but do them well. You can invest more in marketing as your grow.

Go Forth and Conquer

Remember, there is no silver bullet for growth.

Growth leaders can dramatically improve their odds of success by embracing the wisdom of these 10 growth commandments and making sure the right team is in place. Some may find value in engaging a CMO to guide them on their journey.

-Onward

Putting Lipstick on a Pig!

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“I believe fundamental honesty is the keystone of business.”

– Harvey S. Firestone

Years ago, in the midst of a long discussion about our product roadmap and where we should invest scarce resources, one of my marketing mentors asked me a profound question:

“Do you know what you get when you put lipstick and a pink tutu on a pig?”

This odd question had the desired effect, as it stopped the conversation dead in its tracks.

Sensing a trap, I paused to think.

Playing a few alternative answers over in my mind, I answered with the obvious: “A pig.”

This answer was met with a broad grin, a slap of his hand on the conference room table, and the response: “You are partially correct. But it is no longer just a pig…you have now also made it angry, very confused and pissed off by forcing it to wear lipstick and a tutu!”

The moral of this story was clearly not about how to avoid angering pigs – although that does sound like good advice!

Rather, this simple parable illustrated that we have to confront the immediate challenges in front of us, we cannot cover them hoping they will go away. Things generally only get worse if we try to mask them.

Fix the Issue Instead

To put “lipstick on a pig” means making superficial or cosmetic changes to a product in a futile effort to disguise its fundamental failings.

When you read this simple description, then the fundamental flaw of the strategy becomes readily apparent. A few relevant examples for growth leaders:

  • If your product or service sucks, fix it first. Your present and future customers will thank you.
  • Be honest in your marketing and sales efforts. Do not lie. Do not mislead your prospects. If your marketing value proposition does not match the actual value proposition delivered from a sale, then you are creating potentially fatal brand issues.
  • If your go-to-market infrastructure is not ready to scale, do not ramp up growth marketing and sales until you have built the foundation for growth.
  • If you do not have the right people on the bus, sitting in the right seats, make the necessary changes. Quickly.

The Connection to Strategic Planning

A fundamental requirement for effective strategic planning to take place is complete transparency and honesty.

Many planning exercises go sideways when growth leaders and/or their teams either cannot or will not confront reality.

This often manifests itself in product or service issues, or organizational problems, that should be addressed first, before any investment in growth takes place.

I always try to follow a priority sequence of steps to kick off every growth strategy engagement. This discovery process has proven to be very helpful in avoiding the dangers of putting lipstick on a pig:

  1. First, make an honest assessment of the organization, and its leadership. Ask yourself – Is there a willingness/desire to change/improve in order to drive growth? Are we willing to invest the time and resources required? Are we committed to the effort, even if it means some pain and suffering along the way?
  2. Next, is the team willing and able to put all the issues, problems, challenges on the table? If “yes” – great, move on. If “no” – dig in further before proceeding.
  3. Third, do we have good situational awareness of our client base and chosen market(s)? You must cast a wide net and examine many perspectives to make sure you are not missing something important, or setting the organization up to being blindsided.
  4. Take a long, hard look at your answers to items (2) and (3) above. I call this “getting real” and it is not easy. Growth leaders and their teams must be honest about the strengths and weaknesses of the organization, and the product(s) and/or services(s) they are selling. You must practice radical candor. Not every team is willing or able to “call their baby ugly!”
  5. Finally, before you start in on developing your growth strategy and plan, you need to triage any issues. Before proceeding, make the decisions to fix, dump, or accept as-is the issues you identified.

Taking the time to do this assessment and triage up front, will yield dramatically better outcomes for your growth strategy and plan.

Conclusion

The key takeaway for growth leaders: Never put lipstick on a pig.

Fix the issue(s) instead.

Then go to market.

-Onward