A well-defined strategy, effective structure, efficient systems, and clear standards are critical components for a business to convert sales into profits, with their alignment and continuous refinement leading to sustainable growth and profitability.
Primary Implication
The unspoken fourth S in Strategy, Structure, & Systems is Standards. Without standards, knowing you have the structure and systems to deliver your strategy is impossible. The quality of alignment across the 4 S’s manifests in your profits. The higher your profits, the more likely you are to own a sustainable and scalable business.
Failing to adequately define the 4 S’s for your business is the number one reason small businesses remain small.
Overview
