When I first started working with companies aiming to grow, I quickly realized that success doesn’t happen by chance. It requires a clear, well-thought-out plan that guides every step of the journey. Developing strategic plans is the foundation of this process. Whether you’re launching a startup or steering a Fortune 500 company, having a solid approach to business development can make all the difference.

Mergers and acquisitions often promise growth, new markets, and increased value. Yet, nearly 70% of acquisitions fail to deliver expected results. This high failure rate raises a critical question: why do so many acquisitions fall short, and what can leaders do to avoid these pitfalls? Understanding the common reasons behind acquisition failures helps leaders take practical steps to improve success rates.

Digital transformation isn’t just about adopting the latest technology. It is about rethinking how your business creates value in a digital-first world. Companies that treat it as an IT project often fall short, while those that approach it as a business strategy unlock faster growth, better customer experiences, and sustainable competitive advantage. In fact, research suggests that roughly 70% of digital transformations fail to meet their goals.

Every business wants to grow, but growth isn’t automatic. Ambition alone isn’t enough. Sustainable growth requires strategic thinking, disciplined execution, and a deep understanding of the market. A growth strategy consultant can serve as a trusted advisor, helping businesses uncover opportunities, navigate challenges, and turn plans into measurable results.