“Nothing will work unless you do.”

– Maya Angelou

November 2019

In the seminar, participants explored the vital role of a growth strategy in ensuring the survival of a company. It was noted that for startups, only half managed to surpass the five-year mark, with one-third reaching the 10-year milestone. Beyond securing long-term success, a growth strategy was emphasized for creating a clear and practical operational plan, safeguarding the business against competitors.

Throughout the seminar, attendees analyzed the details of business plans, recognizing the importance of understanding changes within the business and its external environment—a key aspect of strategic management. The process began with a thorough assessment of strengths and weaknesses, and an ongoing examination of business performance was highlighted as essential for sustaining the institution.

The seminar underscored the significance of starting with the business model to chart the course forward. This involved a comprehensive examination of the revenue area, operational dynamics, and the critical component of cash flow. By addressing these fundamental elements, participants gained valuable insights into navigating the complexities of strategic management and positioning their businesses for sustained growth and success.