Commercial Strategy is the DNA of a business and determines its competitiveness over time. Lockstep provides a deep interrogation of the assumptions a business makes, tests the validity of these assumptions, and plots a competitive course for the business to pursue.
An inaccurate Commercial Strategy hamstrings a business by setting it on a course of less-than-optimal performance. Other valuable internal activities are negatively impacted by a Strategy that falls short of being competitive.
Lockstep provides strategic assistance by putting a business through a process that interrogates core assumptions that underpin a Commercial Strategy, making certain that the business places itself in a competitive position from the outset, and highlighting bias or false-assumptions where they exist.
Including internal engagement with informed leaders, document review, financial modeling and the presenting of emerging observations to discussion.
A formal sequence is carefully following in this rigourous process:
Documenting your market situation
Defining your current strategic positioning
Specifying your ‘problem statement’
Naming your existing
underlying assumptions
Generate multiple strategic options
Explore all options and test assumptions
Define a new Strategy and market positioning
Craft a full, comprehensive Strategy document
Define an implementation plan
Allocate resources
Create a communication artifact
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Our preferred way of meeting you is through a Zoom call which will allow us to understand the nuances of your request. If you’d prefer to use the form, that will work too. We’ll research your business before we respond.
This will depend on the client, but generally the impact of a new, accurate Commercial Strategy will be relatively broad. Getting a business into a competitive position is not easily achieved, but the impact and value creation is well worth the effort.
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