We have helped thousands of Fortune 500 companies build strategic plans over the years. Sadly, we have also seen many companies try to overcomplicate these strategies, essentially setting themselves up for failure. Simplicity is key when it comes to building your business strategy.
We’ve put together some quick tips for you as you implement your business strategy – and we’ve kept it simple for you.
Why simplicity matters when it comes to your business strategy:
- It allows you to reduce the clutter and focus on what matters.
- It makes it easier for people to not just understand but remember your strategy.
So how do you go from a complicated strategy to a simple one?
Here are our rules when capturing your new strategy:
- Less than 10 slides
- Less than 10 minutes
- No more than 3 key initiatives at any point in time
Success is simple. But it’s not easy. It requires discipline. It requires a vision and a simple strategy. But in that, simplicity is key. And simplicity beats complexity, every time!
If you need any help in keeping things simple, while still having a strong strategy, please reach out to us here.