How to self-fund 22% growth
Our client self-funded a $3 million revenue increase in one year with a very healthy profit... so how did they do it?
1. A CLEAR STRATEGY
We believe that strategic planning is the only way to take your approach from reactive to proactive. Client collaboration to design and implement a 3-year growth plan was a top priority; followed by annual goals broken down into tactical projects.
2. ACTUALLY GETTING IT DONE
While all the leaders we meet have great ideas and even better intentions, most times even the best plans never leave the conference room. We act as an accountability partner, an extra set of hands, and a project lead to ensure that necessary initiatives not only make it out of the conference room, but are also implemented effectively and achieve the desired outcome.
3. OPEN BOOK MANAGEMENT
Weekly financial updates, transparent profit goals, and corresponding incentives allow teams to make solid business decisions and push toward an aligned and planned outcome. We worked with our client to implement all of these elements, which created a unique and highly-focused culture.
4. ENGAGED LEADERSHIP
Implementing systems, devising plans, and assembling a well-trained management team allowed the leadership group to become laser-focused on their goals while removing distractions. We led the creation and facilitation of the management team training, strategic planning meetings, budget creation, company-wide communication, and more. This allowed the leadership team to focus solely on those actions that would enable engagement and efficiency.
"They developed our very first official budget, recommended personnel role changes & basically improved everything we were doing 10-fold." - Reverie Client
"Reverie has done so much for our organization that it's mind blowing." - Reverie Client
"They have been an integral part of developing our companies organizational structure, strategy and culture." - Reverie Client