#4: Foundations for 2024 Planning: The Bowling Pins Strategy

Foundations for 2024 Planning: Slides

Are you aligning your business plans with the right horizons? Buckle up, as we break down the Three Horizons concept in business planning and operations in this episode. We explore the potential pitfalls of focusing solely on the first horizon (current year's revenue and execution), and why envisioning your long-term goals (third horizon) could be a game-changer. Drawing upon the second horizon, which harmoniously blends the first and third, we illuminate its pivotal role in amplifying success. 

Venturing into the second half of our podcast, we steer our conversation towards the complexities of business growth, particularly in the lower middle market. Illustrating this journey with a bowling alley analogy, we underline the importance of learning from one segment before progressing to the next. What's more? We delve into the concept of the solution landscape and the importance of understanding your market and competition. With the Byerled Growth Framework in focus, we stress the essence of defining your ideal customer profile, segmentation, and understanding buyer dynamics. Gear up for a comprehensive understanding of strategies that propel sustained business growth and success.