Nava Strategy

Budgeting for finances is a skill and requires practice and planning. Where do you start? Where should your money go? How can you avoid wastage?

Strategic Surveys: Why Strong Questions Matter and How to Avoid Fatigue

Surveys are a powerful tool for gathering insights, measuring performance, stakeholder attitudes, organizational culture, service quality and strategic decision making.

https://navastrategy.com/strategic-surveys-why-strong-questions-matter-and-how-to-avoid-fatigue/

Strategic Surveys: Why Strong Questions Matter and How to Avoid Fatigue – Nava Strategy Surveys are a powerful tool for business and non-profit operational models, for gathering insights, measuring performance, stakeholder attitudes, organizational culture, service quality and strategic decision making. However, the value of those insights is only as good as the survey itself, specific...

We often see very homogenous teams. All male, all white, all able-bodied.

More of the same = same ideas, group think and low innovation and creativity.

DEI is equality in action. Belonging, community, morals, and having a positive social impact, are values that can support your mission and vision. Not just on paper but in reality.

We live in a hugely diverse world, and DEI is better when implemented with justice and belonging in mind. Complex problems require complex solutions from sophisticated and muti-faceted thinking and experiences, which is only achieved through DEI best practices. Ask us how.

Book a free consultation today.

Do you have issues with your pricing strategy? Poll below 👇🏽

We had a client and provided a needs assessment and determined their pricing strategy was not competitive given their unique value proposition. They successfully got out of the red.

Have you been feeling exhausted or overwhelmed from work recently?

Ask us about our wellness workshops based on current best practices, for your team!

The top reasons businesses fail?⬇️
Sure, here are ten common reasons why businesses fail:

1. No or low market demand
2. Poor financial management
3. Inadequate team or leadership
4. Failure to differentiate effectively
5. Ineffective marketing and sales strategies
6. Not addressing customer needs or feedback
7. Overexpansion, growing too quickly without proper resources or planning
8. Ignoring technology needs and trends
9. No planning: insufficient planning & strategy
10. Legal challenges; ignoring legal issues or facing lawsuits

This is not a checklist as your unique organization requires a unique assessment.

Which ones do you struggle with? Leave a comment. Do you struggle with at least 3 of the above? Poll⬇️

What is social impact? It’s more than green packaging and feel good marketing.

I’m sure you can name at least one company under fire for unethical practices. Or a nonprofit that is not meeting up to their own standards. Or, an influencer who got cancelled for their problematic and deeply questionable behaviours or beliefs.

Do you buy into sustainable organizations, people or companies, why? Leave a comment.

I like to listen to origin stories of companies. And the challenges they faced are very interesting. Some have lost 5-6 figures through poor vendor deals or other supplier decisions, to marketing flops or cultural appropriation and plagiarism, to having a huge audience and not being able to sell or persuade/influence anyone! The challenges are many but you don’t SEE them.

A lot of these could have been mitigated if the team had been in regular communication about their strategy.

Which leads me to my next point, a business plan is a living document that firstly outlines your roadmap to success. What’s your niche, how and where will you spend and make money? How will you market effectively for your industry to meet your strategic goals? And more…

The biggest challenge I hear when I ask about an entrepreneurs about their idea or business is they lack clarity, clear goals, or make decisions without analysis and don’t hire experts to help them. If there are two things that will improve your success greatly, it’s having a clear plan and hiring experts. (Assuming you’re aim is to make a living and meet your goals)

Build and they will come does not work for the vast majority of individuals and companies. Why do you think?

Follow for more insights.

It’s time for businesses to chart a course for reinforcement learning
An advanced artificial intelligence technique is quickly becoming accessible to organizations as a tool for speeding innovation and solving complex business problems.
https://mck.co/2QXZd6Z via

It’s time for businesses to chart a course for reinforcement learning Reinforcement learning is quickly becoming accessible to any business as a tool for innovation and solving complex business problems.

Check out "Black Entrepreneurship Funds (Loans from Canadian Govt.)"
Sat, May 15, 2021 from 12:00 PM – 2:00 PM EDT

Black Entrepreneurship Funds (Loans from Canadian Govt.) A Fireside with our Expert Panel on the new Black Entrepreneurship Program (BEP)