The Challenge
Founded in 2012 in Ukraine, Tallium is a fast-growing software development company specializing in providing digital solutions for industries such as education, finance, and retail. Their solutions are in the realm of Web & Mobile App Development, and also consulting services. Known for their cutting-edge technology and innovative solutions, Tallium has experienced rapid growth over the last few years. They have expanded internationally and now have teams around the world with representation across North America, Europe, and Asia.
To build on this momentum, Tallium was eager to look ahead and determine their next steps in their scaling journey. What strategic choices are there? What are their ambitions and goals? Where do they expand to next? These were all important questions to ask to scale up to the next level. Recognizing the need for strategic refinement to sustain their upward trajectory, Tallium founding partner & CEO Oleks Mykolaienko approached Nextrday to help shape their long-term business strategy and make crucial strategic decisions.
Our goal was to develop a clear roadmap and strategy-on-a-page document for Tallium’s next stage of growth. The company was looking to define its ambitions and set measurable goals for the future while addressing key areas such as target audiences, market expansion, geographical presence, and internal organizational matters like HR and talent development. The challenge was not just about maintaining the company’s growth but strategically steering it in the right direction.
“At Tallium, we value asking the right questions: Where are we headed? How will we achieve our goals? What resources do we need?
With this mindset, we were looking for what’s next for us.
Our strategic sessions, expertly facilitated by Alexandra van der Stap & Ramon van Kessel from Nextrday, helped us realign our focus, enhance our tech and delivery capabilities, and plan for new growth. Their guidance was invaluable in shaping the future direction of Tallium.”
Oleks Mykolaienko
Founding partner & CEO, Tallium
Our Approach
To meet Tallium’s needs, Nextrday deployed its ‘Next Step Package’, a simple, interactive, and efficient strategic planning framework designed to help companies sharpen their focus and make decisions quickly and effectively. The ‘Next Step Package’ offers a short yet intensive process that enables teams to engage in meaningful discussions and develop a clear, actionable strategy in a fun and collaborative way.
The process was divided into three key phases:
Research & Information Gathering
Nextrday began by delving deep into Tallium’s business. This phase involved gathering key intel about the company’s operations, market positioning, and performance to date. The team at Nextrday also conducted interviews with Tallium’s leadership team to gain insights into the company’s strengths, weaknesses, growth opportunities, and potential threats. These discussions were crucial for understanding the mindset of the leadership and identifying areas of strategic importance.
Workshops & Strategy Development
Equipped with insights from the research phase, Nextrday designed a series of tailored workshops to guide Tallium through the strategic planning process. These workshops were a combination of in-person and online sessions to accommodate every participating member. Our simple, interactive, and fun workshops are a perfect way to collaborate on strategy, while also serving a teambuilding activity.
The workshops provided Tallium’s leadership with the space and structure needed to address critical questions and align on key decisions. Nextrday supported these discussions, focusing on important topics such as:
- Defining clear ambitions and goals for the coming years
- Identifying and prioritizing target audiences
- Exploring potential new markets and geographies for expansion
- Addressing internal HR and organizational development needs to support sustainable growth
Decision Making & Alignment
The short trajectory of about 6 weeks allowed Tallium to be fully immersed in the project, yet not lose valuable time. The final comprehensive strategy-on-a-page document detailed all the choices made and serves as a point on the horizon to work towards, motivating the leadership team and the rest of the Tallium teams.
As a result of these sessions, Tallium’s leadership team reached a strong alignment on their strategic direction. With a clearly defined roadmap in hand, the company was ready to tackle the next phase of growth with renewed confidence and clarity.
The results
Nextrday’s collaboration with Tallium resulted in several key outcomes:
Ready to scale to the next level
By using Nextrday’s ‘Next Step Package’, Tallium was able to address its challenges in a fast, interactive, and focused manner, ensuring it is well-positioned for continued success in the future.
Tallium’s partnership with Nextrday showcases how successful companies can benefit from taking a step back to refine their strategy and align on long-term goals. With Nextrday’s help, Tallium is ready to continue its growth journey, equipped with a clear, actionable roadmap for success.
Continued support
Nextrday continues to support businesses like Tallium in making important strategic decisions, ensuring that their growth is sustainable and aligned with their broader ambitions. If your company is facing similar challenges, our ‘Next Step Package’ can help you find clarity and direction in just a few short, powerful sessions.
“Any company, large or small, can achieve long-term, sustainable growth. It ‘just’ takes a clear vision, solid strategic choices and then a relentless focus on execution.”
Alexandra van der Stap
Nextrday