The Value of Visual Strategy in Business
Today I’m seeing many of the best companies, whether a start-up or quite seasoned, overlook the monumental value of a dynamic strategy. What I found is that many times within many companies, strategy is replaced by a rather narrow focus on short term gains that may or may not support a company’s overall strategic direction. Then, when a company loses a target market or a company becomes bankrupt, many executives scratch their heads (or even point fingers at others). It happens and it’s unfortunate when hearing some of these stories over the past 25 years.
I knew I wanted to help businesses with strategy mainly because I felt that the market was missing something, so I decided to offer an automated, visual strategy. A visual strategy is a live, visual, fluid and colorful diagram that can adjust in real time to the changes in your business. It’s a strategy platform where all departments of the company can easily and effortlessly understand and conceptualize with visual components to follow the chosen strategy daily, weekly, etc. I believe it transforms what many consider a loathing yet required business process into an exciting adventure! There’s a bit more to it of course; however, that is the general idea.
It was painstaking for me to see some good companies fumble and not taking the extra step to develop a long-term success that supported company-wide goals, not just departmental goals. I found the mind set of many companies focused on the philosophy that more production is better so just work harder. I believe it’s a somewhat outdated approach that although was quite successful in the automobile industry long ago, it does not uniquely apply to the here and now when companies and technology are changing every day. If the belief is that working more hours is better, companies can easily fall into the trap of pushing employees out the door. Work/life balance decreases, company morale drops, health and productivity actually decreases, along with a company’s reputation to attract and retain good talent. Who wants that?
Perhaps it’s time to consider a visual strategy for your company that is backed by the central understanding of what you will do to for customers, why it matters and your original purpose of your business. As a business owner, ask yourself, “Why should my company exist?” If you do not know how to answer this from your heart first, then your head, perhaps watching an episode of Undercover Boss can help spur a bit of perspective. My point is that you want to know, live and breathe your company values and strategy. In addition, understand the problem you solve in the world and why you’re the premiere choice among any similar companies in your industry. This brings you closer to your company’s overall visual strategy.
Your visual strategy will want to be a strategy that is understood from your CEO to your entry level employees, and authentically practiced by everyone in the organization. If your strategy is not successful, look at your leaders and ask the questions. Have them present or model how they share the company strategy day-to-day starting from the CEO to the department heads. Find the missing links, even if at the top, and start fixing them so everyone is aligned with deeper clarity and passion from the top down. Department heads will want to present the strategy clearly and passionately to their employees, then create actionable steps and gamify the process so it not only aligns with the company’s strategic objectives, but matches the intrinsic motivation of department employee for easier adoption, success and fun! If you’re a start up, here are some ideas to consider.
I believe it is an optimal time for companies to bring forth more strategy on the front-end of their objectives for better value creation in their product or service offerings. Creating a visual strategy early in the game sets your complete intention and automatically puts you and your company in a position for success. By deciding to create a strategy, you are already operating as an expert by your decision alone. You then continue to complete your part by following your strategy, making changes as needed, and setting your intention and your company’s intention and expecting success. You’re saying to yourself and others through your actions that you are taking you and your business seriously. The benefit is that it actually saves you time and money, retains employees and loyal customers, and creates an environment of inspiration and energy inside your company that can take you to new levels.
You already know that your well-informed customers expect to be number ONE on your list whenever they do business with you. Make it your job to create a company strategy that’s visual, actionable, dynamic, and inspiring so everyone in your organization can work better together as ONE.