STRATEGY, INNOVATION & DIGITALIZATION
During our client conversations, we heard common issues related to strategy, innovation and digitalization for entrepreneurial companies.
- The Four Things Wrong with Most Entrepreneurs’ Strategic Plans
- The Innovation Mindset Starts at the Top: Two Insights
- Keeping a Strategic Plan on Track
- Managing Innovation
- Creating a Corporate Strategy with Entrepreneurial Instincts
We’ve assembled interviews with a number of company owners who will share their experiences in each of these areas, with some addition commentary from Briggs & Veselka tax shareholder John Cooney, who has advised clients on the importance of a strong company strategy and culture, as well as the ways an organization can grow toward an optimal level.
Most strategic plans lie fallow on in a binder on the shelves of executives, well-intended but poorly executed. In this video, you’ll hear four insights about what’s wrong with most strategic plans:
- Most are tactics, not strategies
- Most aren’t promulgated from the top of the organization
- There’s often fear of failure
- The right people are involved from start
These prescient comments come from Donny Shimamoto of IntrapriseTechKnowlogies LLC; Danielle Allen, Senior vice president of global communications and technology commercialization at Flotek; and John Cooney of Briggs & Veselka.
The Innovation Mindset Starts at the Top: Two Insights
Innovation is a process, not a project.
While many middle market companies may have the competitive advantage of nimbleness as compared to larger competitors, they often don’t take the time to work “on the business” instead of “in the business”, thereby missing out on the chance to create the next big idea. In this video, Mush Khan, CEO of APS Plastics & Manufacturing, and Donny Shimamoto, Founder of IntrapriseTechKnowlogies LLC share their perspectives on the innovation mindset.
Many middle market companies forget to think about the ‘bigger picture’ when it comes to creating their strategic plan. In reality, the strategic plan is driven by multiple financial and non-financial metrics. In this video, Danielle Allen, Senior VP Marketing & Communications of Flotek Industries, Inc., and Donny Shimamoto, Founder of IntrapriseTechKnowlogies LLC, explain the purpose of a strong strategic plan and its influence on business performance.
What happens when a strategic vision falls in line with your company’s core strengths? Hear two CEO’s as they discuss how an entrepreneurial instinct can guide your company’s vision into new successful ventures.