Our Experience
Strategy and Go-to-Market
Scale-Up Growth
#scaleup #strategy #investment #culturalchange #alignment
Challenge
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Highly acquisitive scale-up seeking new investment.
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Ambitious growth and European expansion plans.
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Changing strategy and brand identity.
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Significant cultural changes driving uncertainty and lack of employee buy-in.
Approach
The main priority areas were identified through leadership engagement, strategy reviews, and market research:
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Consistency and translation of strategy
Perceptions of customer drivers
Culture and change
Brand and acquisition integration
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One-to-one interviews and workshops with internal leaders and key customers
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Market research to benchmark current business state against future growth aspirations.
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Positively challenging leaders on drivers, interpretations of strategy, and evidence beyond financial metrics.
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Combining diverse viewpoints to help reset strategy and anchor product and sector planning in a more defined way.
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Impact
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Redefined planning process to unlock valuable insights, improve sentiment, and align leadership to core drivers based on customer and market requirements.
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Staff empowered to share their voice and connect experience, ideas and challenges to core strategy.
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Customer insights incorporated into test and development processes to strengthen product value proposition and service delivery.
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Stronger investor presentations to better articulate technology and business strategy, unite due diligence efforts, and provide a more consistent articulation of the pathways to success, resulting in further investment and regional expansion.
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New Function Integration
#customerinsights #research #newfunction #integration #communication
Challenge
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​Critical need to embed research function into product development, product management, and customer success.
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Desire to drive customer connection and improve industry thought leadership position.
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Thinly-spread resources and budgets limiting success potential and stalling progress.
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Cross-functional conflict and resistance to function integration.
Approach
To help identify the blockers, a review of team job specifications was conducted, identifying a number of challenges where big picture thinking that did not connect with the realities of the day to day business:
Crafting of job roles and responsibilities
Cross-functional team buy-in
Customer and sales engagement
Contribution to product development
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People-centric approach working closely with key contributors to leverage unique experiences and identify issues and adjacencies, including previously overlooked individuals who could positively impact initiatives.
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Applied empathy and active listening to identify advocates with experience and fresh insight.
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Identifying conflict cause and effect through process mapping and individual feedback sessions.
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Employee participation in job crafting exercises to redefine roles and responsibilities as part of a more agile model.
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Market research to identify key customer drivers and hot topics alongside competitive positioning.
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Impact
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Empowered key individuals and set the foundations for increased trust, collaboration, and innovation.
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Developed new ideas for connected ways of working across product development, sales, and service delivery, resulting in new process definition and full functional relaunch with a clearly articulated value proposition.
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Investor interest bolstered by repositioning the brand as an industry thought-leader.
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Development of a new communications plan and content calendar to drive relevance and thought leadership.
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Whatever your challenge, at Phronesis, we take the time to understand the realities of your business growth strategy, aligning goals with the needs of your people and customers to develop a compelling program of action to help you achieve your objectives.