Executing stage appropriate GTM and partnerships strategies to drive growth from startup through scaling and turnaround
Three Stages of Venture Growth
Any successful venture (or new product or feature) must successfully navigate 3 stages on the growth journey; Exploration, Extrapolation and Exploitation as it progresses from initial concept to scaled established enterprise.
Executing situationally dependent Product GTM strategies across all three stages is critical to driving organizational success
REF: HBR “The Overlooked Key to a Successful Scale-up”
…… But Success is not Certain
As business conditions change and/or execution becomes more complex, once successful companies can become stuck in modes of operating that brought past GTM success but are now resulting in failure.
Common drivers of “Decline” include;
BLINDERS - Failure to evolve the “strategic frames” that determine how managers view the business
ROUTINES - Failure to evolve the way things are done
SHACKLES - Failure to evolve relationships with key stakeholders (customers, suppliers, shareholders)
DOGMAS - Failure to evolve the values and shared beliefs that determine company culture
REF: HBR “Why Good Companies Go Bad”
Where We Drive Impact
Exploration
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Enable achievement of Product-Market-Fit
Directly facilitate connections with critical ecosystem stakeholders (target customers, enabling & distribution partners, etc) whose feedback and participation in Early Access, Alpha and Beta programs is critical to support initial product design, market viability & GTM strategy
Extrapolation
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Enable Profit-Market-Fit
Accelerate commercial activity (sales & partnerships), build early GTM teams and deploy repeatable motions that span across internal functions (commercial, product, marketing, legal, policy, etc) and enable constant improvement to the efficiency of revenue capture
Turnaround
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Restore enterprise profitability and growth
Leverage consultative ecosystem engagement, direct partner feedback and competitive & regulatory analysis to refine product-market-fit while restructuring commercial operations, improving GTM strategy and up-leveling GTM teams, processes and systems