Building a company is a constant cycle of finding fit for purpose.
Every new service line I’ve built has started with a trigger that we should really get our heads around what’s coming next.
A lot of consultants feel like they have to perform – to pretend like they know everything and are on top of it all.
In reality, most of us are a page or two ahead of clients.
Around a decade ago, I started treating business building like a research project.
The research phase is about accepting that things are a mess – in your head at least – that there is lots going on and it’s not clear what’s important and what’s not important.
Anyone looking at building a sustainable firm today has to engage with a mess – what’s going to happen with regulations in the US and EU? How will China change the game – or has it already changed it entirely? What do we have to do, what would be nice to do, and how do we make the case for action?
There are no simple and easy answers to these questions.
But if we engage with the detail, with the mess, we can start to create a programme for action that we can use in practice.
A series of steps that can make some part of the situation better.
But the difference today is that the research work is not done in a room alone.
It’s action research – done in the real world and participatory – done with clients and co-creators.
Helped by technology, including AI.
And if we do this well, we will create quality outcomes – defined as ones that are “fit for purpose”.
