Exploring the 6 Key Components of a Sound Business Strategy

Your Expert Advantage: A Higher Level of Management Consulting

Episode 1 Show Notes: Exploring the 6 Key Components of a Sound Business Strategy

Today, host James Grieve, CMC and Connie Siu, CMC discuss her journey in consulting and goes into detail on the key components of a sound business strategy, and how to develop that strategy to help ensure long-term success.

On this episode of Your Expert Advantage: A Higher Level of Management Consulting

● How Connie Siu got into the consulting profession and transitioned from a career in engineering

● The most rewarding aspects of consulting work

● How best to define the term ‘Strategy’

● The importance of Strategic Planning for businesses

● The difference between sound strategies and mediocre strategies

● The 6 characteristics to an effective business strategy

● The value of an action plan and importance of a structured approach to strategy

● The tools that consultants can use to help companies develop their strategic plans

● The value of the CMC designation from the client’s perspective

● 5 areas that companies tend to overlook in their strategic planning process

● How consultants help companies sustain their efforts and continue to grow and develop

● What’s the role of a Certified Management Consultant (CMC)?

● How the ‘fear of missing out’ impacts organizations when developing their strategy

● How to manage consulting engagements where companies are resistant to change

● The importance of the use of key performance indicators (KPIs) and monitoring the results of your strategic goals; what are themeaningful measuresthat businesses should be using.

Your Expert Advantage: A higher level of management consulting: https://www.cmc-canada.ca/management-consulting-podcast

Connie Siu’s New Book : https://cdcsynectics.com/book-get-results-that-count-guide-for-business-results-measurement/