Key Steps in Successful Strategy Creation and Execution

From the Desk of Ryan Binkley, President & CEO of Generational Group

I hope that 2019 is off to a tremendous start for both you and your family and that you are looking forward to a successful year.

At this time of year, company executives are holding brainstorming sessions to develop strategies for driving business in 2019. I recently read an excellent article on strategic planning from the National Center for the Middle Market. In the piece they outlined some key steps in successful strategy creation and execution: Strategy Execution Best Practices: 6 Practices to Keep Strategy on Track.

This concept really got my attention:

Stay flexible and apply learnings to continuously improve. Companies that are satisfied with execution are more likely to say that their strategy is flexible enough to meet the changing needs of the market.

I have found that even the best strategies on paper need to be flexible enough to adapt to the reality of the marketplace. I hope that you find the article helpful as you develop your strategies for 2019.

Please remember that your relationship with Generational Equity doesn’t end once our initial evaluation is completed on your company. We provide you with two valuation updates at no additional cost over a five-year period. If your business is performing better now than it was a few years ago, it might be a good idea to contact us to review your company’s current business enterprise value.

On a related note, most business valuations have improved due to the 2018 tax reform so that alone may be a good reason to update your valuation.

Keep in mind that in addition to a value update, we also will provide you with our Roadmap for Enhancing Value, a document that is designed to give you ideas on steps you can implement to build the enterprise value of your business over time. Our clients find this tool extremely helpful as they focus on growing their businesses for potential future acquisition.

If you are interested in updating your company’s valuation, would like to make an informed decision about your options in the marketplace, or have any questions for us at all, please call our Chief Experience Officer, Jay Hellwig, at 972-232-1156, or send Jay an email at jhellwig@generational.com and he will be in touch.

Thank you for your time and I wish you and your family a wonderful and prosperous 2019!

Ryan Binkley
President & CEO
Generational Group
https://www.genequityco.com