Why Business Owners Struggle to Implement Even the Best Strategies
11/23/23 • 16 min
You’ve investigated and found the problems and bottlenecks in your construction business. You’ve identified the opportunities you should prioritize next. Now what?
With the third and final piece of the Growth Strategy Flyheel, people sometimes forget to ensure they finish strong.
In this episode of the Contractor’s Daughter podcast, you’ll learn about some of the things that might be getting in the way of you implementing your strategy. I’ll also reveal how to increase the value of your business as you increase the effectiveness of your operations.
1:34 - My key secret to the implementation phase of the flywheel
4:16 - What actually leads to a poorly defined strategy and implementation
7:54 - Obstacles that could keep you from implementing your strategy
12:44 - Getting back to why implementation is so important
Mentioned In Why Business Owners Struggle to Implement Even the Best Strategies
Follow Jeani Ringkob on LinkedIn for more resources, strategy videos, tips and news from the Blacktop Banter Network
You can also schedule a call with Jeani to learn more about building and marketing your heavy highway construction business and access videos and free resources on the StoryBuilt.Marketing website.
Take the Growth Strategy Assessment here! It only takes a few minutes to determine the roadblock between you and the next big growth of your business.
You’ve investigated and found the problems and bottlenecks in your construction business. You’ve identified the opportunities you should prioritize next. Now what?
With the third and final piece of the Growth Strategy Flyheel, people sometimes forget to ensure they finish strong.
In this episode of the Contractor’s Daughter podcast, you’ll learn about some of the things that might be getting in the way of you implementing your strategy. I’ll also reveal how to increase the value of your business as you increase the effectiveness of your operations.
1:34 - My key secret to the implementation phase of the flywheel
4:16 - What actually leads to a poorly defined strategy and implementation
7:54 - Obstacles that could keep you from implementing your strategy
12:44 - Getting back to why implementation is so important
Mentioned In Why Business Owners Struggle to Implement Even the Best Strategies
Follow Jeani Ringkob on LinkedIn for more resources, strategy videos, tips and news from the Blacktop Banter Network
You can also schedule a call with Jeani to learn more about building and marketing your heavy highway construction business and access videos and free resources on the StoryBuilt.Marketing website.
Take the Growth Strategy Assessment here! It only takes a few minutes to determine the roadblock between you and the next big growth of your business.
Previous Episode
How to Identify and Prioritize the Right Opportunities for Your Business
When you investigate your construction business, you often find multiple things you either don’t like or that excite you as an opportunity. But not all problems and bottlenecks that you see as opportunities are created equal.
Identifying the right opportunities to prioritize is where you can screw everything up. You might need to address something first because it has a more significant impact on your business right now. Or you might need to fix a specific problem first because of its domino effect on other areas down the line.
In part two of this Strategic Growth Flywheel series on the Contractor’s Daughter podcast, you’ll learn how to figure out which problem or bottleneck to concentrate on first and which has the most effect on your business. I’ll dive into the second phase of the flywheel with a couple of strategies to help you zone in on where to put your focus next.
3:32 - The impact of critical decision-making on 85% of business owners
5:22 - One model that can help you filter out where you should focus
7:37 - A tactic to try if you have a bias that keeps you in your comfort zone
10:10 - A red flag that signals you’re slipping into your comfort zone
How to Identify and Prioritize the Right Opportunities for Your Business
Find Your Vital Need Assessment
“How to Be a Better Decision Maker (& Why It Matters)”
Fix This Next by Michael Michalowicz
Conference Success Series: Part 1, Part 2, Part 3
Follow Jeani Ringkob on LinkedIn for more resources, strategy videos, tips and news from the Blacktop Banter Network
You can also schedule a call with Jeani to learn more about building and marketing your heavy highway construction business and access videos and free resources on the StoryBuilt.Marketing website.
Take the Growth Strategy Assessment here! It only takes a few minutes to determine the roadblock between you and the next big growth of your business.
Next Episode
How the Strategic Growth Flywheel Helped TXAPA’s Workforce Development Campaign
“I love it when a plan comes together.” Thriving businesses can point to those famous words by A-Team’s John “Hannibal” Smith as the key to their success. And strategy and marketing geeks like myself help make it happen.
But I don’t just help businesses bring their plans together. Sometimes I get to work with state and national associations, too, like the Women of Asphalt Texas branch. They approached me about the Texas Asphalt Pavement Association (TXAPA) workforce development campaign.
It was the perfect opportunity to apply my Strategic Growth Wheel process. With it, they could better understand the problems they faced and discover things they hadn’t thought of before.
So, what does it look like in action? In this episode of the Contractor’s Daughter podcast, you’ll see how this flywheel plan comes together through each phase. You’ll learn about what we asked about, found, prioritized, and implemented to get the maximum results and best ROI for TXAPA in the short and the long term.
6:08 - The many things we discovered when we dove into the investigation phase for TXAPA
15:23 - Three early opportunities we identified and prioritized for TXAPA in this process
21:36 - How the implementation of this marketing campaign had ripple effects on the company and across Texas
25:51 - How to see the case study for yourself (including quotes, insights, metrics, and results)
Mentioned In How the Strategic Growth Wheel Helped TXAPA’s Workforce Development Campaign
Women of Asphalt (Texas branch) | Women of Asphalt
Follow Jeani Ringkob on LinkedIn for more resources, strategy videos, tips and news from the Blacktop Banter Network
You can also schedule a call with Jeani to learn more about building and marketing your heavy highway construction business and access videos and free resources on the StoryBuilt.Marketing website.
Take the Growth Strategy Assessment here! It only takes a few minutes to determine the roadblock between you and the next big growth of your business.
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