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10 strategies and tactics for Growth

What is Growth strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Identifying the optimal Growth strategy can be challenging, especially when everyday tasks consume your time. To help you, we've assembled a list of examples to ignite your creativity.

Feel free to copy these examples into your favorite application, or leverage Tability to maintain accountability.

How to write your own Growth strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Growth strategy examples

You will find in the next section many different Growth tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for creating a personal business strategic plan

  • ⛳️ Strategy 1: Enhance revenue growth

    • Identify new market segments for expansion
    • Develop a comprehensive marketing plan focusing on digital channels
    • Offer bundled services to clients for added value
    • Initiate a referral program to incentivise existing clients
    • Review and adjust pricing strategy for services
    • Diversify service offerings based on market demand
    • Collaborate with other firms for joint projects
    • Implement customer feedback loops to improve offerings
    • Conduct quarterly financial reviews to track revenue growth
    • Invest in training for sales and marketing teams
  • ⛳️ Strategy 2: Boost client acquisition and retention

    • Define target client persona and refine acquisition strategy
    • Leverage social media platforms to engage with potential clients
    • Develop tailored proposals showcasing past successful projects
    • Host quarterly webinars to provide valuable industry insights
    • Implement a CRM system to manage client relationships
    • Create a client loyalty programme offering exclusive perks
    • Solicit regular client feedback and act on it effectively
    • Ensure consistent post-project follow-ups are conducted
    • Set up a client referral reward system
    • Focus on delivering exceptional customer service at every touchpoint
  • ⛳️ Strategy 3: Increase operational efficiency

    • Conduct a process audit to identify inefficiencies
    • Research and implement automation tools for repetitive tasks
    • Train staff on new productivity tools and innovations
    • Establish KPIs for measuring operational performance
    • Regularly review and update operational processes
    • Invest in scalable project management software
    • Encourage cross-departmental collaboration to streamline activities
    • Promote a culture of continuous improvement among staff
    • Integrate sustainable practices to reduce operational costs
    • Monitor and optimise resource allocation continually

Strategies and tactics for reinforcing Google’s Innovation Strategy

  • ⛳️ Strategy 1: Strengthen internal innovation culture

    • Expand the sprint master academy to include more departments
    • Enhance the CSI lab programme with advanced digital tools and resources
    • Encourage cross-departmental collaboration to foster diverse design thinking
    • Introduce innovation champions in each team to guide new initiatives
    • Conduct regular feedback sessions to refine innovation processes
    • Establish an internal innovation awards system to recognize efforts
    • Implement a mentorship programme focused on innovation skills
    • Facilitate monthly 'innovation days' for employees to work on passion projects
    • Provide access to external innovation experts for guest lectures
    • Measure the impact of training on innovation outputs annually
  • ⛳️ Strategy 2: Accelerate development in partnerships and external collaborations

    • Identify and pursue partnerships with emerging tech leaders
    • Increase funding for promising startups through GV
    • Host annual global hackathons with Google for startups
    • Routinely evaluate partnership outcomes to optimise strategies
    • Create a dedicated task force for partnership development
    • Develop a metrics system to track partnership success
    • Offer joint-venture opportunities to smaller tech innovators
    • Strengthen ties with academia for research-based innovations
    • Provide co-working spaces for strategic partners
    • Continuously assess market trends to inform partnership directions
  • ⛳️ Strategy 3: Enhance disruptive innovation efforts

    • Increase R&D investment in groundbreaking projects at X – The Moonshot Factory
    • Identify potential disruptive technologies through market research
    • Set up an innovation council to prioritise and fund high-impact ideas
    • Foster a culture of risk-taking by celebrating failures as learning opportunities
    • Leverage AI and data analytics for informed decision-making
    • Facilitate a quarterly review of X’s projects to align with company goals
    • Create cross-industry symposiums to explore innovative applications
    • Develop rapid prototype development courses for X team members
    • Document and share success stories internally for motivation
    • Invest in technology infrastructure to support innovation experiments

Strategies and tactics for implementing an Innovation Strategy for Google

  • ⛳️ Strategy 1: Enhance internal innovation capabilities

    • Expand the scope of the sprint master academy to include more cross-departmental training
    • Increase the number of community of practice groups to cover emerging technological areas
    • Enhance the CSI Lab training to incorporate latest innovation tools and methodologies
    • Facilitate regular knowledge sharing sessions between different innovation initiatives
    • Develop a resource hub for best practices and case studies within Google's innovation teams
    • Establish clear metrics to evaluate the impact and success of innovation training programs
    • Incentivise employees to participate in innovation-focused training and activities
    • Collaborate with external innovation experts to bring fresh perspectives into training modules
    • Create virtual reality simulations for more immersive innovation training experiences
    • Integrate employee feedback mechanisms to constantly improve innovation training programs
  • ⛳️ Strategy 2: Strengthen external partnerships and collaborations

    • Identify key industry leaders for potential strategic partnerships
    • Develop a streamlined process for evaluating and selecting external partners
    • Regularly review ongoing partnerships to ensure alignment with corporate goals
    • Host joint innovation workshops with partners to ideate on mutual challenges
    • Foster partnerships with research institutions for collaborative innovation projects
    • Create joint marketing campaigns showcasing success stories from partnerships
    • Develop shared innovation goals and KPIs with each partner for accountability
    • Organise networking events to introduce and connect different partners
    • Utilise digital platforms to facilitate collaboration across geographically dispersed teams
    • Conduct post-project retrospectives with partners to identify lessons learned
  • ⛳️ Strategy 3: Accelerate venture funding and incubation efforts

    • Increase the funding available through GV for diversification into new sectors
    • Establish a fast-track program for high-potential startups within Google for Startups
    • Regularly assess investment portfolio to reallocate resources to high-performing ventures
    • Enhance mentorship offerings to support startups through experienced Google mentors
    • Organise global startup challenges to identify and nurture disruptive innovations
    • Incorporate sustainability as a key criterion in venture funding decisions
    • Develop analytics tools to track the growth and success of incubated startups
    • Offer workshops on investment strategies for startups linked to Google’s ecosystem
    • Provide legal and regulatory assistance to startups entering complex markets
    • Catalyse the incubation of multiple early-stage innovations simultaneously for better outcomes

Strategies and tactics for expanding Sterling Tour and Travel Agency into the Kenyan Market

  • ⛳️ Strategy 1: Forge strategic partnerships

    • Identify and partner with a medium-sized Kenyan tour and travel agency
    • Leverage the local partner’s market knowledge and customer base
    • Align services to meet local cultural and tourist preferences
    • Ensure clear communication channels with partners
    • Negotiate mutually beneficial terms in partnership agreements
    • Engage local travel influencers to promote joint offerings
    • Create co-branded marketing materials with local partners
    • Host joint events and travel expos to increase brand visibility
    • Develop shared objectives and performance metrics
    • Regularly review and refine partnership strategies
  • ⛳️ Strategy 2: Adapt services to local market conditions

    • Research and understand customer preferences in Kenya
    • Develop Kenya-specific travel packages including popular destinations
    • Implement a pricing strategy that reflects local purchasing power
    • Offer flexible payment options tailored to Kenyan market needs
    • Launch culturally immersive experiences like safaris and heritage tours
    • Translate marketing materials into Swahili and other local languages
    • Align services with environmental and cultural preservation initiatives
    • Conduct training sessions for employees on local customs and practices
    • Incorporate feedback from local customers into service offerings
    • Regularly update offerings based on seasonal tourist trends
  • ⛳️ Strategy 3: Enhance marketing and brand awareness

    • Launch social media campaigns targeting Kenyan travellers
    • Partner with local influencers to widen digital reach
    • Participate in local and international travel expos
    • Utilise radio and print media to reach different demographics
    • Highlight local partnerships in marketing communications
    • Develop emotional and engaging storytelling content
    • Create promotional videos showcasing Kenyan attractions
    • Establish a customer referral programme
    • Leverage customer testimonials in marketing materials
    • Conduct surveys to measure brand awareness and adapt strategies

Strategies and tactics for creating a Strategic Plan for Evangelicals of the Body of Christ Church and Ministries

  • ⛳️ Strategy 1: Develop robust leadership and governance structure

    • Conduct leadership training sessions for church council and departmental heads annually
    • Implement a mentorship program for emerging leaders within the congregation
    • Establish clear operational policies and procedures for governance and accountability
    • Hold regular strategic review meetings with church council and stakeholders
    • Develop a succession plan for key leadership roles to ensure continuity
    • Facilitate leadership retreats to promote team building and strategic thinking
    • Enhance internal communication systems for better coordination and information sharing
    • Engage in partnerships with other churches for leadership exchange programmes
    • Establish an internal audit committee to oversee financial management and integrity
    • Create a committee to focus on the diversity and inclusivity within church leadership
  • ⛳️ Strategy 2: Implement community engagement and development programmes

    • Organize biannual community service projects to foster good relationships
    • Establish a youth mentorship programme to aid their growth and participation
    • Collaborate with local NGOs and government bodies for community health initiatives
    • Host workshops focusing on skills development and entrepreneurship for members
    • Develop a community garden project to promote sustainability and self-reliance
    • Conduct educational support programmes for children and youth in the community
    • Organize peacebuilding activities to address local conflicts and advocate for justice
    • Create a support network for vulnerable community members including those affected by HIV/AIDS
    • Establish a resource centre offering educational and spiritual resources
    • Launch a community awareness campaign on social issues like drug abuse and early marriages
  • ⛳️ Strategy 3: Enhance spiritual growth and religious education within the congregation

    • Establish a comprehensive Sunday school programme with trained teachers
    • Organize quarterly spiritual retreats and workshops for all congregants
    • Increase the frequency of bible study sessions and prayer meetings
    • Launch a mentorship scheme linking new members with experienced church members
    • Develop a digital platform for sharing sermons and religious resources
    • Encourage active participation in church by involving congregants in service roles
    • Celebrate church milestones with inclusive ceremonies and special services
    • Promote the development of musical talents through choir and music group formations
    • Provide pastoral care and counseling services for spiritual and personal development
    • Foster a culture of openness and spiritual dialogue through discussion groups and forums

Strategies and tactics for utilising Football Metaphors to Manage an Investment Portfolio

  • ⛳️ Strategy 1: Balance offensive and defensive plays

    • Identify high-growth stocks like selecting star forwards
    • Include dividend-paying stocks as defenders for stability
    • Diversify investments across sectors like a varied team line-up
    • Mix tech and healthcare stocks to spread risk
    • Research management teams to find strong leaders as team captains
    • Implement a rotational investment strategy similar to player rotations
    • Regularly review portfolio performance with team huddle simulations
    • Apply the Executive-Investment Coach (EIC) top-down approach
    • Conduct macroeconomic analysis like assessing the playing field
    • Stay informed on global economic trends like watching global soccer tournaments
  • ⛳️ Strategy 2: Choose strong economies and companies

    • Select portfolios spread across promising economies like US and India
    • Identify stocks based on their economic growth potential
    • Focus on companies with growing capital per worker
    • Measure steady capital-output ratios over time
    • Evaluate ROE figures, prioritising those above 30%
    • Choose companies based on PE and PB ratios fitting desired criteria
    • Consider monetary policy impacts on sectors like banking and finance
    • Incorporate valuation factors across multiple categories
    • Assess investor sentiment for market timing
    • Monitor geopolitics to exploit industry-specific opportunities
  • ⛳️ Strategy 3: Engage in team-based decision-making

    • Conduct daily team meetings to discuss and deliberate over options
    • Utilise a structured ideation phase for stock selection input
    • Allocate roles within the team for sector-based research
    • Select top competitors of the chosen stocks for analysis
    • Analyse financial statements and ratios for decision making
    • Use technical chart trends for short-term investment forecasts
    • Utilise a custom screener for long-term investment options
    • Discuss and resolve conflicting opinions during team meetings
    • Simulate portfolio testing through various economic scenarios
    • Define a clear process from industry selection to stock segregation

Strategies and tactics for developing a strategic growth plan for AMI

  • ⛳️ Strategy 1: Expand client base through strategic outreach and networking

    • Identify top industries where AMI’s services can add significant value
    • Develop targeted marketing campaigns tailored to these industries
    • Attend industry conferences and networking events relevant to potential client industries
    • Create strategic partnerships with complementary businesses to expand referrals
    • Leverage LinkedIn and other professional networks to connect with decision makers
    • Offer free, high-value webinars to showcase expertise and attract new leads
    • Implement a referral program to incentivise existing clients to refer new business
    • Participate in online business communities and forums to increase visibility
    • Cultivate relationships with influencers in target industries
    • Monitor KPIs and client acquisition cost to refine outreach strategies
  • ⛳️ Strategy 2: Enhance service offerings and increase client lifetime value

    • Conduct a needs assessment to identify additional services clients may value
    • Develop advanced tier packages for existing service lines offering added benefits
    • Create bundled service packages that encourage clients to engage in long-term contracts
    • Implement a customer feedback loop to continuously improve service offerings
    • Develop upselling and cross-selling strategies for existing clients
    • Design a comprehensive client onboarding process that highlights all service capabilities
    • Initiate a client advisory board to involve clients in product/service development
    • Develop case studies that demonstrate successful long-term client outcomes
    • Focus on consistent follow-ups and regular check-ins to maintain client relationships
    • Monitor client churn rates and adjust strategies to enhance retention
  • ⛳️ Strategy 3: Scale the team to support growth and reduce reliance on Amy Matthews

    • Evaluate current team roles and responsibilities to identify gaps
    • Create job descriptions for new roles critical to supporting growth initiatives
    • Implement a hiring plan to recruit skilled professionals aligned with company culture
    • Develop a comprehensive onboarding programme to integrate new hires effectively
    • Establish a mentorship scheme to facilitate knowledge transfer from existing staff
    • Empower team members with ownership of projects to foster responsibility
    • Implement regular team training and development sessions to improve skills
    • Encourage an open feedback culture to keep team morale high
    • Leverage virtual assistants or contractors for non-core activities
    • Set clear, measurable goals for individual and team performance

Strategies and tactics for developing a Strategic Plan for Evangelicals of Body Church and Ministries

  • ⛳️ Strategy 1: Enhance leadership and governance

    • Conduct leadership training workshops for church council and committee members
    • Develop and implement operational policy documents to guide governance
    • Establish a monitoring and evaluation framework for church activities
    • Organise annual general meetings to review performance and plan ahead
    • Facilitate exchange visits and excursions for leadership development
    • Implement a feedback mechanism for congregants to contribute to governance
    • Strengthen internal communication channels for better information flow
    • Create a conflict resolution desk to address disputes effectively
    • Mobilise resources for leadership and governance activities
    • Evaluate and refine governance structures annually based on feedback
  • ⛳️ Strategy 2: Strengthen member engagement and participation

    • Organise regular fellowship events to build community among members
    • Facilitate skills development workshops for various ministries
    • Encourage member involvement in strategic plan implementation
    • Develop initiatives to increase youth and family involvement
    • Implement a mentorship programme for new and existing members
    • Conduct surveys to gather member feedback on church activities
    • Organise outreach programmes to increase community involvement
    • Recognise and celebrate volunteers' contributions in church services
    • Create platforms for members to propose and lead new initiatives
    • Regularly evaluate member engagement strategies and adjust as needed
  • ⛳️ Strategy 3: Expand and improve church infrastructure

    • Develop a comprehensive infrastructural plan for the church
    • Mobilise funds for infrastructural projects through fundraising and donations
    • Begin construction of new church facilities, including a skills centre
    • Upgrade existing facilities to accommodate more congregants
    • Incorporate sustainable energy solutions in infrastructural projects
    • Establish a maintenance plan for church buildings and assets
    • Engage with local authorities for necessary approvals and support
    • Enhance the aesthetic appeal of church grounds with landscaping projects
    • Set up a committee to oversee infrastructural projects and ensure progress
    • Review and update the infrastructural plan annually to meet evolving needs

Strategies and tactics for implementing a Five-Pillar Growth Strategy

  • ⛳️ Strategy 1: Expand AI and HPC Market in UKI

    • Conduct market research to identify the most promising sectors for AI and HPC
    • Develop tailored marketing campaigns targeting key industries in UKI
    • Build partnerships with local technology firms to leverage their networks
    • Host webinars and workshops to demonstrate the potential of AI and HPC solutions
    • Establish a dedicated sales team specialising in the AI and HPC domain
    • Invest in customer service to provide ongoing support for AI and HPC solutions
    • Develop case studies showcasing successful AI and HPC projects to attract new clients
    • Secure certifications and partnerships to boost credibility in the AI and HPC sector
    • Participate in UKI technology forums and conferences to raise brand awareness
    • Leverage existing customer base for referrals and upselling opportunities
  • ⛳️ Strategy 2: Grow Vendor Infrastructure Breadth

    • Identify infrastructure gaps in the current vendor offerings
    • Research and benchmark competitor products to enhance product lines
    • Develop strategic alliances with complementary technology partners
    • Expand product offerings by incorporating customer feedback and demand
    • Offer flexible financing solutions to make infrastructure more accessible
    • Establish a dedicated innovation team to explore new infrastructure solutions
    • Provide comprehensive training programs for partners on new and existing solutions
    • Implement targeted lead generation campaigns to reach potential customers
    • Revamp the vendor website and social media presence to highlight infrastructure strengths
    • Create a loyalty programme to reward existing customers and encourage repeat purchases
  • ⛳️ Strategy 3: Enhance Education in Infrastructure

    • Develop a curriculum aligned with industry needs and standards
    • Partner with educational institutions to offer specialised courses
    • Create an online platform for self-paced infrastructure learning
    • Launch a mentorship programme connecting students with industry experts
    • Host webinars and panel discussions focused on infrastructure trends
    • Offer scholarships and internships to encourage students to pursue infrastructure careers
    • Collaborate with industry leaders to provide guest lectures and insights
    • Develop certification programmes recognised by key industry players
    • Engage with education-focused trade shows to raise awareness
    • Implement feedback loops to continuously improve educational offerings
  • ⛳️ Strategy 4: Promote Hyperconverged Infrastructure

    • Identify early adopters and key influencers in the hyperconverged space
    • Conduct product roadshows and demonstrations in strategic locations
    • Develop marketing materials highlighting cost efficiency and scalability benefits
    • Offer pilot programmes for organisations to experience hyperconverged solutions
    • Publish white papers and industry reports showcasing hyperconverged success stories
    • Develop relationships with IT decision-makers to influence their infrastructure choices
    • Participate in industry tradeshows to showcase hyperconverged capabilities
    • Invest in R&D to continuously improve hyperconverged offerings
    • Conduct competitor analysis to identify unique selling propositions
    • Leverage social media campaigns to educate potential clients
  • ⛳️ Strategy 5: Target SMBs with Tailored Strategies

    • Conduct a market survey to understand SMB needs and challenges
    • Develop a value proposition specific to the SMBs sector
    • Create SMB-centric packages that are affordable and scalable
    • Establish partnerships with SMB industry associations for outreach
    • Run targeted digital marketing campaigns focussing on SMBs
    • Provide flexible payment options to ease infrastructure adoption
    • Launch an SMB-focused customer support channel
    • Use content marketing to educate SMBs on infrastructure benefits
    • Implement a referral programme incentivising existing SMB clients
    • Track SMB industry trends to adapt strategies accordingly

Strategies and tactics for developing a Strategic Framework for University Growth

  • ⛳️ Strategy 1: Enhance Campus Infrastructure and Facilities

    • Upgrade and decorate lecture rooms and seminar spaces
    • Expand and upgrade medical, engineering, and IT laboratories
    • Develop a new library expansion project
    • Establish a second medical laboratory
    • Install a robust IT structure with green and sustainable technology
    • Open a new campus branch in a strategic location
    • Replace and upgrade university's transport vehicles
    • Collaborate with public and private sectors for infrastructure investment
    • Implement eco-friendly practices in all campus operations
    • Develop and enforce strong health and safety guidelines
  • ⛳️ Strategy 2: Foster Academic Growth and Student Engagement

    • Revise and enhance the academic curriculum regularly
    • Introduce student empowerment and development programs
    • Integrate co-curricular activities to promote holistic learning
    • Provide mentoring and tutoring systems for student support
    • Expand transformational education experiences with global outreach
    • Implement a comprehensive enrolment management plan
    • Offer competitive scholarships and financial aid
    • Encourage community engagement through volunteering and projects
    • Foster an inclusive and collaborative educational environment
    • Implement quality recruitment processes for diverse and skilled faculty
  • ⛳️ Strategy 3: Strengthen Research and Resource Management

    • Prioritise socio-economic research in university's agenda
    • Create partnerships with local and international organisations
    • Develop a strategic financial plan for sustainable funding
    • Enhance the university's internal and external communication
    • Introduce a robust monitoring and assessment framework
    • Cultivate a culture of continuous improvement and innovation
    • Strengthen the support for research activities and infrastructure
    • Develop a resource utilisation policy for efficiency
    • Organise seminars and workshops to showcase research
    • Provide training for staff on resource management and efficiencies

How to track your Growth strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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