Directing and managing any organisation for any business owner is a demanding task requiring meticulous attention to detail. Even the most experienced owners frequently warn of the perils of becoming absorbed by the day-to-day challenges of running the business. One consequence can be that dealing with these day-to-day issues dominates at the cost of a potential loss of focus on long-term strategy.
The option of appointing an external expert to provide an assessment of the company’s strategy is a major step for a business owner to “work on the business rather than in the business”. The attraction of this approach is that not only does it free company staff to address their full-time challenges but, by virtue of their independence, an external advisor can bring fresh insights and ask the difficult questions and challenge existing thinking.
The Lexington team brings a wealth of experience gleaned from working across different sectors and with businesses at all stages of their evolution.