A short- or long-term strategic plan is critical for a company to build consensus at both the management team and board level. Many small organizations think that their teams are on the same page, but putting pen to paper ensures that all are clearly aligned. Undergoing a strategic planning process will clarify company objectives, program timelines, capital requirements, and ultimately a capital formation strategy. Additionally, having your functional leaders involved in the process ensures buy-in and ownership of the plan.
Once your strategic plan has crystalized, developing your company's narrative is the next step. Gaining alignment from your leadership team on how to tell your story, both internally and externally, and buy-in to company milestones comes from this process. Your narrative will be expressed in all forms of company communications, from internal meetings, to your company website, to investor presentations. This step enables you to truly speak with one voice.
The ability to clearly convey your company story to investors -- explaining what you plan to do and what it will cost to get there -- is critical to achieving your potential. Once your narrative has been fully developed, it's time to tell your story to investors. GLO will help you target the appropriate investors, giving you the platform to build your following and your credibility with this critical audience. After all, value is built by setting attainable expectations and achieving or beating them -- be they clinical milestones or financial results.
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