Your top-line growth is slipping. Revenue is falling. And as it tumbles, the inevitable panic button gets pushed.
Suddenly, every conversation at the top turns to cost-cutting: travel freezes, hiring freezes, restructuring plans.
But here’s the reality—when growth is stalling, trimming costs is just a Band-Aid. It’s not going to cure what’s actually hurting your business.
But, of course, everyone has an opinion on what will save it. And that’s where things get messy.
Customers think you’re too expensive. “If only they’d lower prices!”
Business leaders think the market is shrinking. They swear they’ve seen the market share data. (Though let’s be honest—market share data can be manipulated to show anything you want.)
Sales blames the product lineup. “We don’t have anything compelling to sell!”
Marketing insists we’re barking up the wrong tree. “Our target audience is all wrong.”
So, who’s right? Probably no one.
Here’s the truth: every single one of these opinions is a bias—a perspective colored by each team’s narrow lens.
They’re all looking at fragments of the problem instead of the whole picture.
Meanwhile, new entrants are slipping into the market. Your business is slowly being commoditized. And if you’re not careful, it’s only a matter of time before customers start seeing your product or service as interchangeable, just another face in a sea of competitors.
So, what’s the solution?
Is it time to shake up the org chart, or maybe launch a shiny new product just to prove you’re still “innovative”?
I’d argue that’s the exact wrong approach.
Before you jump into a quick fix, take a step back and ask yourself: Have we even taken the time to understand what’s really going on?
Four Discovery Lenses for Real Insights
If you want to solve a complex problem, you need a holistic approach. That’s where these four discovery lenses come into play, helping you to see the bigger picture beyond just a single perspective:
Customer Discovery
Customers are your lifeline, but too often we assume we know what they want. Take the time to really understand their needs, behaviors, and pain points. Are they simply price-sensitive, or do they value different things than they did a few years ago? A fresh look at what your customers actually value could reveal new opportunities.
Market Discovery
Don’t just look at your own corner of the market—explore the larger landscape. Are there shifts in customer demand? Are new competitors emerging with offerings that feel more relevant? Understanding the broader market dynamics is essential to prevent you from being blindsided by trends you didn’t see coming.
Leadership Discovery
Here’s a tough one: is your leadership aligned, and are they truly engaged in the growth strategy? Leadership engagement isn’t just about handing down directives; it’s about active involvement and accountability. If leaders aren’t fully on board or are sending mixed signals, your team can end up feeling like they’re caught between competing goals.
Field Discovery
Often overlooked, field insights are critical. Your front-line teams—sales, customer service, product support—see the reality on the ground every day. Are you listening to what they’re observing? Field discovery involves capturing and integrating insights from those who are closest to your customers, understanding the day-to-day challenges they face, and using this knowledge to inform your strategy.
Reframe the Problem Before Throwing Solutions at It
Rather than racing to reorganize or tossing a new product into the market as a quick fix, take a pause.
Use these discovery lenses to reframe the problem.
You might find that the answer isn’t a flashy new solution, but rather a realignment of what you’re already doing—or a deeper understanding of what your customers actually need.
So, Here’s the Challenge
Next time you feel the urge to overhaul your entire strategy, ask yourself:
Because knee-jerk solutions may buy you a little time, but only a clear, holistic approach will give you sustainable growth.
The pressure may be high, but a smart, informed strategy beats panic every time.
Ready to get serious about long-term growth? It starts with asking the right questions and breaking away from the urge to apply a quick fix.