There may come a time when we feel that there is a need for creating implementing or executing a business strategic plan, which may help us in many ways. But there is a good chance that investing our time and resources in it may protract the period of time and still, there are chances that something’s will be still left out. At this time, we may take a step back and consider getting help from an expert. But still, we may be faced with questions such as does hiring a business strategist a good idea? In what ways it will be to our use. Is the money spent on hiring a business strategist worth it?
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Although we may have these questions going on in our mind. But answering some of these given below question may help us with clearing our mind on when not to hire a business strategist. We should ask oneself that have we created any such strategy or plan in any previous organization? Are we having enough expertise, as well as comfort creating a business strategy for our organization? Are we having enough time and resources at hand to create a set of a strategic plan for our self? If yes is the answer to all the question, then you don’t need to go hiring a business strategist. But does our strategic plan successfully provide goals and purpose to our organization? With all the essential elements of our strategic plan in the right place? And Has that plan been executed and succeeded yet?
Boost the Speed:
Time is very much essential and straight just will establish methods in place for creating a strategic plan. Which will ultimately boost the process and will go much faster than if we were to start from scratch in house. For instance, we look at Bradley Fauteux, a leader in service delivery, organizational design, business development, relationship management, and financial management with over sixteen years of senior management and executive-level experience. Brad Fauteux has helped many businesses to thrive and reach new heights in short amount of time.
Brings in Objectivity:
The business strategist is very much objective from the start because they are third-party, which Introduces a fresh perspective and approach uninterrupted by workplace politics. Which also offers business strategist to hold a neutral position while facilitating meetings and having tough conversations when needed.
Focus:
When we will opt for a business strategist their job profile and sole focus is to do what they are hired for. From creating to implementing to assisting and even executing our strategic plan for us. Their presence ensures that everything and everyone is on track as it’s their job to do so. On the contrary, if The role of strategic planning is just another part of someone else’s job, the process and the role will not be getting as much as attention or time it needs. That results in inefficiency and overall unproductiveness.
Cost Efficiency:
It is very much cost-efficient and easier to bring in straight a business strategist on a short-term basis versus hiring a new employee. But we should also consider that when we will be getting into contract on a short-term basis with a business strategist he or she may leave once the job is done. But in reality, the role and job of business strategist do not end. Since the organization continues to evolve so does the business strategy needs to be. But it is worth considering the economic cost of hiring business strategies was is not hiring one and what will be the implication which will be coming with going for short term versus long-term.
