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THE LEDGER
MKM-R-2026-014New edition: The State of Mid-Market Transformation 2026
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CapabilitiesCapability 01

Business strategy

Choose where to grow, what to back and what to leave behind with greater confidence.

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Practice reference MKM-C-01Established 2022Focused on measurable business outcomes
01 — Problems we solve

When direction is contested, stale, or unpriced.

a

Growth has stalled and the honest explanation is structural, not commercial.

b

The portfolio has accumulated businesses, products or regions no one would choose today.

c

The leadership team holds three different strategies, each of them unwritten.

d

A major bet is coming, whether an acquisition, a market entry or a technology platform, and it needs a case that will survive contact with reality rather than merely surviving the board meeting.

02 — Evidence

What the results show.

Outcome evidence2.1× median return on redeployed capital across strategy engagements, 2024–2026, audited at month 24. A median means half of those engagements returned less than that. We quote the median because the best case is not what a board is buying.
ReferencesNamed client references for this practice are available on request, subject to clearance.
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