
Every year, after strategy meetings or away days, businesses leave feeling motivated. There are plans to strengthen customer relationships, be more visible at networking events, generate more referrals and explore new work opportunities.
Fast forward six months and, for many organisations, those plans have stalled. The strategy is still there. The ideas are still good. But customer work, operational priorities and the day-to-day demands of running a business have taken over. This isn’t unusual.
Few businesses intentionally neglect business development. Most have clear ambitions to win new customers, strengthen existing relationships, increase referrals and raise their profile within their market. The challenge usually comes after the planning.
A networking strategy may be agreed, but nobody books the events. A customer relationship programme sits in a spreadsheet. A visibility plan begins with enthusiasm, only to quietly fade after a couple of months. A referral strategy is recognised as important, but nobody takes responsibility for driving it forward.
In most cases, the problem isn’t the strategy itself. It’s the gap between good intentions and consistent implementation. So why does this happen?
[toc]
One of the biggest challenges is that business development (BD) rarely feels as urgent as daily operations. Customer work takes precedence, deadlines must be met, and unexpected problems inevitably demand attention. Activities that support long-term growth are postponed until “things calm down” – but they rarely do.
Without protected time in the diary, business development is continually pushed aside in favour of more immediate priorities. Weeks become months, momentum is lost, and the actions intended to drive growth remain unfinished.
The good news is that this isn’t inevitable. There are a number of common reasons why BD plans lose momentum, and practical ways to prevent it.
Many strategies outline what the business aims to achieve, but do not specify how those outcomes will be delivered. For example, “increase referrals” is an aspiration, not an action.
Practical actions might include:
Clear actions are much easier to complete than vague ambitions.
Plans also need to reflect the time, people and budget available. It’s easy to create an ambitious programme of activity, but if the resources aren’t there, priorities quickly shift and momentum is lost.
Another common reason BD plans lose momentum is a lack of clear ownership. While everyone may support the strategy, individual activities are often seen as a collective responsibility, which can mean they never become anyone’s priority.
To avoid this, every objective should have:
Assigning responsibility in this way creates accountability and provides clarity about what people are expected to deliver. Without it, even the strongest ideas can struggle to move beyond the planning stage.
Even after agreeing on a strategy, teams are sometimes unsure where to begin.
Should they prioritise networking? Should they focus on existing or prospective customers? Should they strengthen referral relationships?
Breaking each objective into a clear next step removes uncertainty and helps people make progress. It also creates shared understanding about priorities and what good implementation looks like.
BD isn’t something you create once and then forget. Without regular reviews, businesses miss valuable opportunities to learn, adapt and build progress.
Setting aside time each month to discuss…
…helps keep the plan relevant and achievable.
These reviews don’t need to be lengthy. A regular monthly check-in is often enough to keep the plan relevant, identify what’s working and make small adjustments before momentum is lost.
While revenue and new customers are important measures of success, they don’t always tell the whole story. Successful BD also leads to higher-quality conversations, stronger customer relationships, additional referrals, increased networking activity, more strategic meetings, and more successful proposals.
Tracking these indicators shows whether progress is building long before revenue reflects the results. It also highlights which activities deserve more attention.
The strongest-performing businesses don’t treat BD as something that only happens when there’s spare time. Instead, they build it into customer conversations, networking, account reviews, referrer catch-ups and team discussions.
Looking for opportunities during existing activities makes BD far more achievable than setting aside time for it every week.
Understanding why business development plans lose momentum is only half the picture. The businesses that achieve consistent growth are usually the ones that turn strategy into a series of manageable habits.
They:
The organisations that consistently grow aren’t necessarily the ones with the biggest BD plans. They’re the ones that create clear, practical strategies and then make time to implement them.
Business development shouldn’t sit alongside the business as another initiative. It should be woven into customer relationships, networking, collaboration and everyday conversations so it becomes part of how the organisation grows.
Good intentions are an excellent place to start, but consistent action is what turns those intentions into lasting business growth.
Need help turning your business development strategy into practical action?
Whether you’re reviewing your current approach or building a new growth plan, Extended Thinking can help you create a strategy that’s realistic, focused and designed to deliver measurable results.