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Tackle Your Most Limiting Pain Points

Tackle Your Most Limiting Pain Points

October 23, 20245 min read

How Ask-4-Growth and the Six Pillars of Business Tackle Your Biggest Pain Points

By Eric Giguère, Transforming business chaos into confident execution | Helping leaders find clarity in complexity | Your strategic harmony architect

Running a mid-sized business is no easy feat. From productivity challenges to accessing capital and retaining top talent, the obstacles are many, and they can keep leaders from achieving sustainable growth. That’s where the Ask-4-Growth Methodology and the Six Pillars of Business framework come into play. These two powerful tools help business leaders cut through the noise, identify root causes, and design actionable solutions that align with long-term goals.

In this article, we’ll explore 50 common pain points that businesses face and show how this methodology helps uncover their root causes. But we’ll dive deeper into Strategic Growth Planning—the key to navigating uncertainty, economic shifts, and complex business environments and then look into how it can support Lead Generation.


50 Common Pain Points Mid-sized Businesses Face

Productivity and Operational Efficiency

  1. Low employee productivity

  2. Inefficient workflows

  3. Inadequate training programs

  4. Outdated processes

  5. Inconsistent KPIs across departments

  6. Employee burnout

  7. Poor communication channels

  8. Time-wasting bottlenecks

  9. Underutilized technologies

  10. Lack of automation

Marketing, Sales, and Lead Generation

  1. Poor brand visibility

  2. Weak lead generation

  3. Misalignment between sales and marketing

  4. Inaccurate targeting of ideal clients

  5. Insufficient budget for campaigns

  6. Inability to measure ROI

  7. High customer acquisition costs

  8. Unclear product differentiation

  9. Lack of customer loyalty

  10. Difficulty retaining clients

Access to Capital and Financial Management

  1. Difficulty accessing financing

  2. Cash flow problems

  3. Poor budgeting practices

  4. Unplanned expenses

  5. Low credit availability

  6. Inadequate risk management

  7. Inefficient financial reporting

  8. Delayed payments from clients

  9. High operating costs

  10. Weak investor relations

Talent Management and Retention

  1. Talent shortages

  2. High turnover rates

  3. Limited career growth opportunities

  4. Lack of employee engagement

  5. Uncompetitive compensation

  6. Poor onboarding experiences

  7. Leadership development gaps

  8. Inconsistent performance reviews

  9. Misaligned team goals

  10. Lack of succession planning

Technology and Digital Transformation

  1. Gaps in digital skills

  2. Slow adoption of new technology

  3. Integration issues with tech tools

  4. Cybersecurity vulnerabilities

  5. Inadequate IT infrastructure

  6. Limited data insights

  7. Poor online customer experience

  8. Outdated CRM systems

  9. Lack of mobile solutions

  10. Resistance to change


The Ask-4-Growth Methodology: Uncover, Plan, and Act

The Ask-4-Growth approach revolves around five core stages:

  1. Diagnosis: Identify the root causes of challenges through market research and performance analysis.

  2. Design: Tailor solutions that align with the company’s goals and strengths.

  3. Agile Planning: Build dynamic, value-driven strategies that adjust based on real-time feedback.

  4. Leadership in Delivery: Ensure smooth execution with accountability at every level.

  5. Continuous Communication: Keep stakeholders aligned with regular updates and strategic check-ins.


A Focus on Strategic Growth Planning

Strategic Growth Planning is where the Ask-4-Growth Methodology and the Six Pillars of Business truly deliver value. In today’s complex business environment, mid-sized companies face a range of market gaps—from productivity challenges and talent shortages to limited access to capital and digital transformation barriers. With only 16-17%  of mid-market executives expressing confidence in the economy (middlemarketcenter.org), coupled with a fundamental need for closing the productivity gap, which represents an opportunity equivalent to 5.4% of US GDP (mckinsey.com), businesses need more than reactive solutions. Strategic planning helps address these challenges by providing a proactive, structured approach to navigating uncertainty. 

By leveraging key elements such as team alignment, financial stability, robust marketing & sales strategies, and optimized systems and processes, businesses are better equipped to design adaptable growth strategies that foster resilience, unlock opportunities, and drive sustainable success in a rapidly evolving landscape.

The Six Pillars of Business—Team, Product, Marketing & Sales, Processes, Systems, and Finance—provide a framework that supports strategic planning. Thorough consideration for each pillar ensures that your business is aligned and ready to scale while reducing friction.


Tackling Weak Lead Generation with Ask-4-Growth

When it comes to lead generation, many businesses struggle to attract and convert quality prospects. Using the Ask-4-Growth Methodology:

  1. Diagnose: Analyze current sales funnels to identify bottlenecks or underperforming channels, ask questions to customers, employees and advisors, validate their pain points and needs and even revisit your ‘Value Prop’ if required.

  2. Design: Develop a program to take your best offer directly to your target audience, addressing your ideal client’s pain points and providing the solution they’re looking for.

  3. Plan with Agility: Be prepared to adapt on the fly, run A/B tests on lead-generation campaigns, refining them based on data-driven decisions.

  4. Deliver with Leadership: Empower marketing and sales teams with the right tools and training. Understand the full scope of the mission and allow an adequate budget for delivery, then let your team go through the process.

  5. Track & Communicate Continuously: Track and monitor progress weekly and adjust strategies in real time, as required. Make sure to communicate with key stakeholders at all times, especially if there are substantial adjustments to your campaigns.

This Process is then repeated to form a continuous improvement cycle that we call ‘The Growth Loop’.

This structured approach ensures that your lead generation engine is fine-tuned and aligned with the overall business strategy and can adapt rapidly to changing circumstances.


Real Results: From Complex to Confident

By embracing the Ask-4-Growth Methodology and focusing on the Six Pillars of Business, companies move from reactive problem-solving to proactive growth strategies. With a clear UVP, solid operational systems, and a culture of continuous improvement, your business can thrive—even in uncertain times.

Are you ready to bring harmony to your business initiatives? Let’s transform your pain points into opportunities for sustainable growth.

You can identify with one or more of these pain points? You're not alone, we've got your back.

Get in touch!

Limiting pain pointsMethodologyask-4-growth50 common pain pointsfind solutionsdiagnosedesignplandelivertrack and communicate

Eric Giguere

Publisher

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