Transcript
A (0:01)
If you're the purchasing manager at a manufacturing plant, you know having a trusted partner makes all the difference. That's why, hands down, you count on Grainger for auto reordering. With on time restocks, your team will have the cut resistant gloves they need at the start of their shift and you can end your day knowing they've got safety well in hand. Call 1-800-GRAINGER Click grainger.com or just stop by Grainger for the ones who get it done.
B (0:30)
This is Scott Becker with the Becker Business, the Becker Private Equity Podcast. Today's discussion is strategy versus Execution and your ideal customer profile. So here's the discussion. People talk about needing more strategy or trying to figure out what their strategy is. And at the end of the day, most companies, most individuals, whether a large company or solopreneur, need a few clear priorities, not more priorities. Probably far better off to execute very hardcore on a few key goals than they have 30 different priorities going around. And again, this reminds me of the discussion about ideal customer profile. Whenever I'm talking to somebody and they can't describe who their ideal customer is, I feel like I'm talking to somebody who really doesn't understand their own business. This is where this comes from. So the concept being a few key priorities. Know who your key customers are and what your ideal customer profile is. Don't look at this as though you're throwing stuff against the wall. Rather don't have 30 different priorities. Three to four clear priorities is the way to go and really work on executing on those. That's the message and the lesson for the day. Thank you for listening to the Becker Business and the Becker Private Equity Podcast. Thank you so much for joining us.
A (1:50)
This is the story of the one as the purchasing manager at a manufacturing plant, she knows the only thing more important than having the right safety GE as having it there when you need it. That's why she partners with Grainger for auto reordering. So her team members can count on her to have cut resistant gloves on hand and each shift can run safely and efficiently. Call 1-800-GRAINGER clickgrainger.com or just stop by Grainger for the ones who get it done.
