Author Archives: thinknorth

Strategy execution requires allocation of adequate resources to your top strategic priorities​ Strategy execution requires allocating the right amount of resources to your top most priorities. A new strategy typically involves change in direction. Serious reallocation of resources is necessary if the new strategic themes emerging as part of the

Scaling-up requires aligning team goals with organization goals​ In the pursuit of scaling-up a business, the concept of alignment emerges as a cornerstone of effective management yet remains elusive to many. Simply put, alignment entails synchronizing individual and team goals with the overarching objectives of the organization. This critical alignment

Scaling-up requires building a strong reward and recognition mechanism Scaling-up a business requires more than just strategic planning and execution; it demands a motivated and engaged team driving the expansion forward. Central to fostering such motivation and engagement is the establishment of a robust reward and recognition mechanism. Here, we

Scaling-up requires profitability focus along with market share increase focus While navigating the complexities of business growth, the pursuit of market share expansion often takes precedence, sometimes overshadowing the crucial aspect of profitability. Conventional wisdom suggests that as companies scale up and aim for larger market shares, they inevitably face

Scaling up requires investing in brand & distribution network building In the dynamic landscape of business scaling, entrepreneurs often underestimate the transformative power of a robust brand. As companies embark on the journey of scaling up, a keen focus on brand development, expansive distribution networks, and the cultivation of High-Potential

Scaling up requires differentiation between operations effectiveness and strategy execution One of the critical yet often overlooked aspects in business is the differentiation between operations effectiveness/excellence (OE) and strategy execution. Many leaders unwittingly blur the lines between these concepts, assuming that enhanced operational efficiency alone can ensure long-term organizational success.

  Scaling up requires ruthless strategy execution In the intricate dance of scaling up a business, the development of a sound and robust strategy is merely the first step in a multifaceted journey. While crafting a strategic roadmap is undeniably crucial, it is only half the battle won. The unsparing

  Scaling up requires delegation with trust Delegation – a strategic process of assigning tasks and initiatives to individuals in an organization best suited for their execution - is more than just distributing tasks. Delegation means empowering individuals within your organization to take ownership and initiative. By delegating responsibilities to

Scaling up requires building strong performance management systems   Apprise before Appraise As organizations embark on the journey of scaling up, the importance of building robust performance management systems (PMS) cannot be overstated. These systems serve as the backbone, providing the structure and alignment of culture necessary for sustained growth

Scaling up requires identifying, hiring, retaining and productively engaging talent Embarking on the journey of scaling up is a complex endeavour that places a premium on identifying, hiring, retaining, and productively engaging talent. In the pursuit of growth, businesses often find themselves in need of industry top talent / specialist