Your stakeholders - your team members
High growth business leaders always leverage all the resources at their disposal to multiply the results of their action plan. An effective way of doing this is to reach out and show your stakeholders you care about them. People you care about will show their appreciation by going the extra mile to help you succeed with your plans.
Stakeholder Team Members
Remember that your stakeholders who include customers, staff, suppliers, investors and the larger community are motivated by leaders who show they care for their wellbeing. Your stakeholders are your team members. Make them feel they are important contributors to the success of the business by communicating your action plan. Get feedback and show appreciation for their contributions. Encourage a buy-in of your vision. This encourages alignment of goals by stakeholders with your plan.
High Growth Leaders Respect People
High growth leaders get to know the human individuals who are part of the stakeholder team. This means getting to know individual employees at all levels of the business from the directors to managers all the way to staff at the operational level. Get feedback from your receptionist. This person is very often the first person a visitor meets.
If services or functions are out-sourced high growth leaders will get to know the human individuals involved in the task. A supplier is not just an organization. The individuals carrying out tasks have a story to tell about their successes. High growth leaders will spend time getting to know their stories.
Customers too have a story to tell about their experiences with a product or service. High growth leaders know these stories are the true measure of the success or failure of the offering. Positive customer experiences are the best testimonials. They show that the high growth leader has got it
right translating a vision into actionable goals that touched lives in a positive way.
High Growth through Stakeholder Investment
High growth leaders seek out and encourage investors to finance the business by selling a business vision. This can be done through a business plan that explains practical steps for creating a supply chain from ideas to decisions to suppliers to operations that deliver satisfaction to paying
A sustainable supply chain that generates healthy long term return on investments is built on the numerous actions of human individuals. The story of how wheat from the fields of the prairies of Canada is harvested, shipped, processed, sold and resold to ultimately be turned into loaves of bread at local bakeries worldwide for breakfast in places like Singapore, Vancouver or Boston is a fascinating one of thousands of people across the supply chain.
A high growth leader of a successful bakery will go that extra mile to reach out to individuals from farmers to truckers to show they care for their well-being.
Loyal customers love to support and promote a bakery that shows it cares for people. This is the best guarantee for continual delivery of quality that leads to business high growth and success.
International Business Consultant
Reboot your business plan for sustained high growth.