Martin Harshberger, a veteran executive and business management consultant, says that developing sustainable growth requires a combination of long-term thinking and conscious daily effort. Furthermore, too often owners and executives spend most of their time involved in the day-to-day activities of the business and not enough time developing and executing a strategic business development strategy. Consequently, Martin developed an in-depth 4-step framework to help CEOs bring together both business development and strategy to create predictability and repeatability in their organization.
Episode Highlights:
- Martin Harshberger says many companies don't have a strategic plan.
- And if they do have a strategic plan, they put it in a drawer and don't look at it.
- Martin talks about why change initiatives never take hold.
- Are strategic plans essential?
- Furthermore, the planning process is actually more valuable than the strategic plan.
- Martin talks about the importance of frequent progress reviews.
- It's important that employees understand the strategic plan and that their performance objectives are tied to the plan.
- Also, many times resources aren’t allocated for with change management initiatives.
- Emily talks about how the shiny object syndrome.
- Then, Martin says the primary purpose of the strategy plan is to decide what not to do.
- Emily asks if budget drive strategy or if strategy drives budget.
- In working with his clients, Martin talks about repeatable business development instead of strategic plans.
- Also, company culture is critical.
- It's important to communicate the role each employee plays in contributing to product development and supporting the customer.
- In other words, they need to know that what they do matters.
- Next, Emily asks Martin recommendations for implementing change successfully.
- How does a leader get feedback from employees?
- Egos can get in the way of leadership.
- Next Emily talks about the unique challenges of leadership in the federal government.
- Then Martin talks about why more company leaders don't use consultants and coaches.
- Emily and Martin talk about the mindset it takes to be an entrepreneur.
- Martin says he's starting a Mastermind of non-competing CEOs.
- Listening is a key element of being a good leader.
- Martin started hosting "breakfasts with the CEO".
- Next, Martin talks about the books he's written.
- Finally, leaders need to know themselves.
Resources Mentioned:
- 4 Step Framework to Repeatable Business Development
- Martin’s Website
- Email Martin: [email protected]
- Martin’s Book: Bottom Line Focus
- Martin’s Book: Conscious Business Development
- Emily Harman
- Mental Fitness Program
- Onward Accelerator Coaching Program
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