Know Your Business
" More Valuable than Your Chart of Accounts is Your Chart of Works” Gerhard C. Olivier

Know Your Business

How many businesses out there truly have a full, comprehensive description of themselves?

Many believe a business description is nothing more than a catalogue of processes - a checklist of what happens day to day. But the truth is, a business is not defined by its processes. It’s so much more than that. A business is its purpose, its vision, its values - the unique value it brings to the market. A business is defined by its why - why it exists and the impact it seeks to make on its customers, its employees, and its community.

It's the culture the business builds, the problems it solves, and how it aligns with the greater trends of the world. To focus solely on the processes is to miss the heart of what makes a business unique, valuable, and alive. A business, at its core, is a living, breathing entity that grows, evolves, and adapts over time - not a mechanical system simply running tasks.

Now, let’s talk about the benefits of truly understanding your business in this way:

  1. Clarity of Purpose: When you define your core purpose, you’re able to make more strategic decisions, ensuring that everything aligns with your broader goals. Your business grows and innovates with purpose.
  2. Stronger Brand Identity: A well-described business isn't just about what it does but how and why it does it. This builds a powerful identity that resonates emotionally with customers, employees, and partners.
  3. Improved Communication: A clear business description provides a consistent message for all stakeholders - customers, employees, investors. It creates alignment, allowing everyone to understand how they contribute to the business's success.
  4. Better Decision-Making: With a clear understanding of your business’s objectives and value proposition, every decision becomes more focused. The business acts with intention, avoiding distractions and staying true to its core goals.
  5. Attracting the Right Talent and Partners: People want to work for, invest in, and collaborate with businesses that have a clear sense of purpose. A well-articulated business description helps attract the right talent and partners who align with your mission.
  6. Foundation for Growth and Adaptation: As your business grows or changes, a strong foundation keeps you grounded. It allows for agility and innovation while ensuring that everything remains aligned with the mission.
  7. Competitive Advantage: A well-defined business stands out. Understanding your uniqueness and the value you bring to the market lets you carve out a niche that competitors can’t touch.
  8. Exact Scope Definition: Knowing your business’s scope ensures everything you do contributes to your mission. No wasted resources, no distractions - just clarity, focus, and purpose-driven action.

Now, here’s the key: You can’t achieve this kind of clarity with just words. It requires models - integrated models. When your business is viewed from multiple lenses - strategy, operations, market, customers - and those insights come together into a unified whole, that’s when the magic happens. That’s what we do at SlightlySkew.

Our holistic approach ensures that every aspect of your business is aligned. Every model, every process, every decision serves the bigger purpose. This is the SlightlySkew way - integrating models to create a clear, actionable path for long-term success.

If this resonates with you, let’s talk. Reach out to me at [email protected]

Henry H.

Head, Architecture for Global Markets | Enterprise Architecture, Payments and Strategy Execution

5 个月

Very true that most businesses have forgotten “their WHY”. In addition to vision/strategy many don’t know the “WHAT” !! Leaving a gap to perform strategy execution - making it real yet transformational. In a world where we “fire” before we “aim”, the journey is by accident rather been intentional, which dilute your unique selling proposition even more

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