Running a small business is like walking a tightrope—every step needs balance, precision, and a…
What is GrowthSprint? Discover Our Innovative Framework for Accelerated Growth
The GrowthSprint innovation framework as a powerful, yet practical tool for developing and implementing effective growth strategies across various business scenarios.
Introduction and Overview
- GrowthSprint is an innovation framework designed to help build effective business strategies
- It’s a comprehensive book with training materials
- The framework involves using a unique 11-section canvas tool to design actionable business plans
- The canvas can be used online or printed, making it versatile
- The framework as an emphasis on defining a clear single strategic objective to maintain focus on a clear growth plan
Background on GrowthSprint
- Created by the consultancy firm XPinnovates, drawing on decades of experience of working with startups, scaling firms and family businesses.
- It provides an intelligent, streamlined tool for innovation
- Adapts principles of the lean startup methodology but for broader application
- Stresses collaboration, analysing current state, risk assessment, and practical action plans
- The core is defining a single strategic objective (SSO) to drive outcomes
- Designed to drive sustainable growth and business success
GrowthSprint is a formulated training and consultancy programme. Our proven methodology assists you to collaborate, develop and execute strategic growth plans.
The GrowthSprint Canvas – Right Side
- The right side covers external factors – market, customers, value proposition
- Nailing the value proposition right is critical for differentiation
- Deep understanding of customers and their needs is essential
- Comprehensive analysis of the market landscape, trends, competition is required
The GrowthSprint Canvas – Left Side
- The left side focuses on internal factors under the business’ control
- Key areas included are finance, people, products/services, sales/marketing, digital
- This side covers analysis, defining actions required, and risk assessment
- The digital segment is crucial for technology integration across the business
Benefits of Using a Strategy Framework
- Provides clarity, consistency, and alignment for strategic planning
- Encourages comprehensive analysis of internal and external factors
- Enhances decision-making by prioritizing against strategic goals
- Allows for flexibility and adaptability as conditions change
- Enables measurement of outcomes against defined targets/KPIs
The GrowthSprint Approach
- Emphasis on dedicating focused effort over 30, 60 or 90 day periods
- Sprints involve activities like market research, experiments, data analysis
- An agile, iterative process – set goals, test, review, optimize, scale
- Designed to be a collaborative approach across teams/departments
- Can be applied for various purposes – new products, entering new markets
Implementation and Using the Canvas
- Flexible where to start on canvas based on priorities
- Guidelines for analysing each section comprehensively
- Capturing analysis, defining concrete actions, assessing risks
- Developing an integrated action plan from the canvas outputs
- Option for training to become an accredited GrowthSprint practitioner
Key Benefits and Application
- GrowthSprint is a comprehensive strategic growth framework
- Valuable for startups, SMEs, scaling businesses, consultants, educators
- Provides structure but also flexibility and agility
- Facilitates strategy activation through action plans and measurement
- You can now purchase our book on Amazon. Growth Sprint: : A Fundamental New Approach to Agile Business Planning: Diane M Roberts https://amzn.eu/d/bXRPsKD
Our agile business planning tool GrowthSprint enables teams to collaborate, create and plan.