A modern organization that has not carefully evaluated and delineated its corporate strategy is adrift in white water because the time it takes to develop resources is long and opportunities to succeed in the corporate world are limited and fleeting.
Without a successful corporate strategy, even the best management teams, services, goals, and products are futile and worthless. A company cannot have a long-term vision or technique for achieving organizational aims and objectives, which are essential to any kind of strategic planning, without a well-devised corporate strategy.
A corporate strategy acts as an essential strategic tool as it enables a company to concentrate resources on a single goal. Organizations lose sight of their priorities and primary goals and lack focus and motivation if a well-designed corporate strategy is not in place. A benchmark against which management can evaluate an organization’s failure or success is provided by a corporate strategy. However, if a company’s strategy is unclear, it will be difficult to gauge its success.
A calculated and meticulous corporate strategy enables an organization to develop techniques, tactics, and plans that will enable it to continue expanding and compete in the corporate world despite the fluctuations in the market or the state of the economy.
An organization’s success or failure can be determined by having the right corporate strategy, which involves competing on product or service uniqueness, quality, and price. Organizations, both new and old, have to compete with established players, therefore it’s necessary for them to have a corporate strategy in mind to keep their market share even after they have fully established themselves. The ability of a company’s corporate strategy to effectively allocate resources, enhance a business’s competitive position, develop business projections, and increase shareholder value is critical to its significance.
Business units can boost investor worth above the aggregate of their physical and intellectual assets by depending on an organization’s corporate strategy. The probability of various business unit activities succeeding in booming an organization’s worth increases when rational strategic decisions are made regarding the operations an organization plans to pursue, the designation of its assets, and the utilization of organizational capabilities to gain competitive advantages.
In a nutshell, although a great corporate strategy that meets the aforementioned criteria does not guarantee success, it can be very useful in providing management with time and flexibility. However, in order to develop a great corporate strategy, an organization needs the services of a corporate strategy expert or consultant, who will create a plan and strategy that can be carried out and has a clear outline. An expert in corporate strategy will make decisions based on data and will evaluate market trends that may impact the organization’s aims and objectives. One person who has helped various businesses in achieving great results and success through his unique and well-thought-out corporate strategies is Julio Guedimin.
Julio Guedimin, a descendant of Polish immigrants, is a serial entrepreneur, investor, and businessman who hails from Mexico and currently serves as the chairman of the private conglomerate Guedimin Corporate Group and the Executive Vice President of Marka Entertainment Group, who also laid the foundation of Guedimin Consulting. However, his journey to the top was not easy and required a lot of hard work and effort.
Guedimin has many years of experience serving in the military, which helped him learn the fundamentals of strategic thinking, self-effacement, pragmatism, quick thinking, resourcefulness, and a regimented lifestyle. Despite getting into top institutions such as the Heroica Escuela Naval Militar, Escuela de Periodismo Carlos Septién García, and Universidad Nacional Autónoma de México, Guedimin decided not to pursue a degree and instead focused on expanding his research, investigation, and analysis services on his new endeavors, some of which would later become companies of his group. Since his early years, he has been interested in developing products and gaining knowledge about the establishment of various businesses and the management of their operations.
Guedimin began his professional career as a freelance corporate assistant at a Mexican multinational conglomerate, FEMSA. While working there, he gained valuable knowledge regarding management, corporate structure, and big business operations. After meeting a number of consultants while working at FEMSA and having a detailed conversation with a corporate strategy consultant, who explained to him the intricacies of consulting and also offered him a job at his company, Guedimin decided to pursue a career as a corporate strategy consultant.
For this purpose, he laid the foundation of Guedimin Consulting, a consulting firm established in 2013, which provides Top Level Strategy guidance to Fortune 1000 companies in Latin America. Along with running his own business, Guedimin became an independent subcontractor for Deloitte, which helped him acquire new clients. After the success of Guedimin Consulting, he established Guedimin Corporate Group, which now possesses more than 30 subsidiaries and numerous affiliated companies such as Guedimin Capital, a private equity firm that offers investors a strategically diversified long-term portfolio while also providing capital and operational guidance to a number of businesses and real estate in order to increase their value.
As part of his community service, Guedimin also contributes to society’s education through The Guedimin Foundation and serves as a keynote speaker at numerous conferences and seminars. Because of his many successful ventures, Guedimin is best known for being a “forward thinker” in corporate strategy.