synergistic business growth
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This slideshow explains what is possible with synergistic business processesTRANSCRIPT
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Australasia’s #1 Business Growth SynergistChris Hanlon
Exponential Business Growth
Through Synergistic Processes
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Compound vs. Exponential1
Theory of Constraints2
The Synergy Effect3
Competitive Intelligence Report4
Business Optimisation5
Overview
Australasia’s #1 Business Growth SynergistChris Hanlon
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Compound vs. Exponential
Australasia’s #1 Business Growth SynergistChris Hanlon
Compound growth is additional. It is linear.5+3=8
Exponential growth is multiplication. Growth happens in multiple directions at once5x3=15
Does this sound far-fetched?
It isn’t if you have the right processes configured to aid and amplify the effects of each other… =Synergistic Processes
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Theory of Constraints
Australasia’s #1 Business Growth Synergist
Chris Hanlon
Before you can implement Synergistic Processes you need to remove the blocks.
It is easy to see blocks or bottlenecks in manufacturing processes. But it is often more difficult (and more important) to see them in Marketing and Sales.
For Example:If your conversion processes are not efficient, then it may harm your business to do more advertising and attract more prospects.
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The Synergy Effect
Australasia’s #1 Business Growth SynergistChris Hanlon
Synergy is when the result is greater than the sum of the parts.
The best example of this is if you threw milk; flour; eggs; sugar; & butter into a bowl you would get a gooey mess.
But if you followed a recipe (process) to combine these ingredients you can create a delicious cake. –Better than the sum of the ingredients
Your business is no different.
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The Synergy Effect (cont.)
Australasia’s #1 Business Growth SynergistChris Hanlon
One of the best examples of the Synergistic Effect in the marketing mix is Positioning.
If you attempt to position yourself as an expert in your field, or position your company as the leader in a field, in isolation of other elements you will fail.
Successful positioning will depend on elements such as Pricing; Communication; Social Media; & Testimonials (and others) reflecting and supporting your positioning.
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Competitive Intelligence Report
Australasia’s #1 Business Growth SynergistChris Hanlon
When working with clients my first task is to put together an Competitive Intelligence Report:
• Where are you in the market?• What is the market perception of your
company and products?• Where are the opportunity gaps?• How can you dominate your market?
This Competitive Intelligence Report forms the strategic guide for deciding which Synergistic Processes to implement and in what order.
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Business Optimisation
Australasia’s #1 Business Growth SynergistChris Hanlon
Using the Competitive Intelligence Report as a guide for strategy, our first task is to clear any bottlenecks in your current business.
This often has the benefit of releasing immediate profits within your business – A Nice Bonus!
From there we implement the processes that we have identified as being most impactful for your business and make sure that they are synergistically aligned with each other to maximise effectiveness and profits.
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Resources
Australasia’s #1 Business Growth SynergistChris Hanlon
If you would like to know more about Synergistic Business Growth Processes visit:
www.TheProfitWizard.com
Check out The Profit Wizard on Facebook
Or connect with Chris Hanlon on LinkedIn
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Australasia’s #1 Business Growth SynergistChris Hanlon