If you are looking to create or update your strategic plan and want someone to facilitate the process, Exotek is here to help. Many of our clients find managing the process itself as well as participating in that process is often difficult. It can distract you and your leadership team from fully immersing yourselves in the task at hand which is developing and honing the strategic plan itself.
We start with a two-day engagement to help you formulate or update your current strategic plan. It is good to have an overall strategic planning and execution methodology. For instance, we often recommend that our clients consider implementing the methodology described in Traction by Gino Wickman.
As part of his ‘Entrepreneurial Operation System’, he provides a Vision and Traction Organizer to assist your strategic planning process. In the first part, he guides you through establishing your:
- Core values
- Your Focus
- Your 10-year target.
- Your strategy of how to get there
To achieve these desired outcomes, you then create:
- 3-year picture – more tangible objectives which are the steppingstones to your future.
- 1-year plan – specific goals that you need to accomplish in the next year.
- Rocks (priorities) and Issues
Strategy to Execution
We facilitate your efforts to make the right choices about your company’s purpose, your customers, your goals, and your resources. It isn’t a single event, but rather an integral part of an on-going process that you review annually, then modify as needed, and use throughout the year to drive your organization forward.
Exotek moderated our strategic planning last year and did a great job keeping us on track, working through sticking points, and leaving us with actionable items. We followed many of the Traction principles and found it to be a worthwhile blend of long-term planning and short-term, realistic goals.
We have increased our business with double digit growth each year and we doubled our head count since working with Exotek.
During the past five years of working with Exotek, DMC has expanded from one to five offices, from less than 30 people to over 100, and more than tripled our revenue and profits. Exotek’s vast industry knowledge, keen perspective and spot-on advice is a big part of that growth.
As Amfax pumped an increased number of projects through an incrementally changing ‘flat structure’, we could not achieve sustained growth and kept bouncing off the $5-7 M ceiling. The support, insight and vision offered by Exotek during the thorough audits provided an action plan for our improvements to deliver 200% growth in 5 years.
Exotek has helped VIE on best practices, stabilizing our business model, improving our organization, and adopting performance metrics. Benefits included doubled profits, low turnover rate, strong balance sheet, no debt, and more than adequate reserves. We strengthened our customer relationships and elevate our strategic thinking to better serve our changing marketplace. Exotek has been a real asset.