How to avoid business strategy failure with 6 frameworks

67% of business strategies will fail. These frameworks ensure that yours doesn't. Thanks Chris Donnelly for explaining this so well. If you're navigating growth, especially with PE funding behind you, strategy isn't optional. Here are 6 frameworks to help you out, and let your business really take off: 1. Stakeholder Analysis ↳ Keep an eye on what stakeholders are looking for. ↳ This shapes a strategy that leverages their interest. 2. SWOT Analysis ↳ Strengths, weaknesses, opportunities, and threats. ↳ Balances internal and external factors for success. 3. Porter's 5 Forces ↳ Assesses market competition and the industry. ↳ You'll figure out how profitable and attractive your industry is. 4. Five Sigma Model ↳ Defines critical issues and helps you solve them. ↳ You'll improve your offering by following those steps. 5. McKinsey 7S Framework ↳ You synchronize key areas for success. ↳ Make sure all the parts work together. 6. Ansoff Matrix ↳ Uses product and market strategies to see opportunities. ↳ You choose where to focus and take action. A strong business strategy is key to leading your business to success. Stick to one of these. You'll see what difference it makes. -------------------------- 🔁 Repost this to help other leaders you know. ➕ Follow Ben Sands for daily advice on business and leadership. 📬 4,000 CEOs get my newsletter every week. Click here to join them: https://lnkd.in/eXiRx-HZ

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Salome Okereke

Product Manager at Octane

3mo

Really useful breakdown, Ben - strategy fails so often because people skip the frameworks that actually keep them grounded. And if anyone here is navigating a job search while refining their strategy, my friends at applyall.co guarantee interviews and help people land great roles; they even gave me a discount code (TIMEISMONEY) if money’s tight. Might be worth exploring.

Lise Kuecker

6x Bootstrapped Founder with Multiple 7 Figure Exits | Helping Founders Scale & Exit Intentionally | Studio Grow Founder

3mo

I wish more founders knew that the framework isn’t the win. It’s how you consistently apply it and adapt it when reality hits.

Strategy isn’t guesswork frameworks like these make that clear.

Dr. Neetu Johnson M.D.🧠🩺

Follow For Daily Insights on Mental Health, Performance & Personal Growth | Chief Medical Officer | Raised $500k Pre-Seed Funding | Venture-Backed AI-Health Tech Founder | Consultant Psychiatrist M.D. 🧠

3mo

Strategy isn’t optional; it’s the backbone for making confident business decisions.

Strategy becomes non-negotiable the moment outside capital enters the picture. The pressure to scale right can’t be solved by guesswork.

These frameworks are a fantastic way to move from guesswork to a structured approach that actually works.

Jane Kenneth

Customer-Centric Success Manager With Extensive Banking Experience | Data Entry | Lead Generation | Executive Virtual Assistant

3mo

Ben, these frameworks are gold for anyone serious about setting their business up for success. Having the right strategy in place can be the difference between growth and burnout. 📈 And if anyone here is also exploring new career opportunities alongside their business journey, my good friend Brian is running a free webinar that’s been helping jobseekers land amazing offers. Sign up here: https://bit.ly/job-hunt-webinar. Rooting for your next big win!

A solid reminder that execution needs structure, not just vision.

Nehal Kazim

Adding $1M/Month in Revenue for eCommerce Brands | Founder Of Ad Pros

3mo

Simple frameworks. But easy to overlook when scaling quickly.

Oumar Dia

Finance student | Passionate about personal development and professional excellence – Follow me for relevant advice 🚀

3mo

These frameworks simplify strategy and boost chances to grow and succeed.

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