Business Strategy and Finance
Welcome to the Business Strategy and Finance Podcast, hosted by entrepreneur, founder, investor, CFO, and content creator Steve Coughran. In each episode, you'll discover strategies for attracting more customers, boosting profitability, and increasing your company's value, all drawn from Steve’s extensive experience in turning around and growing companies from millions to billions in revenue. By blending strategic principles with essential financial fundamentals, Steve provides actionable insights to help you optimize and maximize the value of your business.
Business Strategy and Finance
48-What You Need to Know About the 4 Phases of Strategy
Welcome to the Business Strategy podcast with Steve Coughran. Today, we're delving into "Understanding the 4 Phases of Strategy." I believe in a holistic approach to strategy, avoiding narrow thinking to grasp the bigger picture. Through years of experience, I've developed a framework for strategy, comprising diagnose, design, execute, and empower. In the diagnose phase, we leverage data analytics to pinpoint operational and financial issues, starting with benchmarking and performance measurement. Next, in design, we integrate strategy and finance principles, offering a free course, "Building a $1 Million Strategy Blueprint." Execution involves leveraging our IARs framework for tangible results and clear roles, tracked through monthly Financial Strategy Review meetings. Finally, in the empowerment phase, we develop resources and capabilities for continuous improvement and innovation. Apply these principles to your business and witness extraordinary results. Stay tuned for more insights on business strategy in upcoming episodes.
Disclaimer:
The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.coltivar.com/privacy-policy-and-terms-of-use for additional important information.
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