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Bridging the
Gap
After market data is collected, the Bridging the Gap phase will
prepare you to make end strategy decisions. This phase will begin
with proprietary Business Rigor bridging exercises that help
you weed through the data collected during the Assessing the
Market phase. This will help your management team understand
current realities and paint growth potential pictures. It will
also enable your management team to reach logical conclusions
about the appropriate growth strategy.
One bridging exercise
is market positioning. Positioning is defined as “the pathway into a customer's mind.” Establishing
a clear and unique market position is the foundation for
accelerated company growth activities. During Bridging the
Gap, you will learn what customers think when they hear your
company's name, what they should think when they hear your
name and how your company can most effectively transition
to where it needs to be.
You will also begin building business
growth strategies for channels, offerings, promotion, partnerships
and resources.
These strategies include initial financials and metrics for
tracking progress. Bridging exercise form an initial draft
of the strategic roadmap and give the management team a preview
of the final plan.
The next phase in Business Rigor Roadmap Building is Defining
the Roadmap.
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Roadmap
Building enables an organization to build
a 36-month strategic growth roadmap, including financials
and metrics. |
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| Operations
Planning helps Functional Owners ‘own ’ the
strategic roadmap by defining their tasks, major milestones
and metrics needed for the company to hit its financial
goals over the next 12 months. |
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| Execution
Support offers coaching and ongoing support
with activities such as quarterly reviews. |
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| Market
Entry includes a menu of support services to help
the organization reposition itself in the marketplace.
This includes a focused, fast-paced company launch program
to customers and the investment community. |
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