A Strategic Business Approach with Katie Thomas
Sam Panetta has a chat with the exceptional Katie Thomas of Focus Finance about why a strategic business approach isn’t optional, it’s foundational.
To scale at a bigger level, Katie says you need a deeply ingrained strategic approach and people who embed it.
1) Scale needs strategic skill
Do you need people who are heavily skilled in strategy to scale at a bigger level? Katie’s answer is yes.
- Bigger scale needs strategic people.
2) Policies, procedures and operating rhythms
You need people with a strategic outlook who see that policies, procedures and operating rhythms are important, and who embed them throughout the business.
- Policies.
- Procedures.
- Operating rhythms.
3) Get the foundations right
That includes HR processes and all the other foundations. There needs to be a deeply ingrained strategic approach to the business, and you need to get it right.
- Put HR processes in place.
- Make strategy part of how the business runs.
The biggest lesson from Katie Thomas
A strategic approach is the foundation for scale: hire people who value policies, procedures and rhythms, and embed them across the business.
