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Tom Alder
Founder of StrategyBreakdowns.com
Professional Background
Tom Alder has carved out an impressive career in the world of strategic consulting and operations management, utilizing his educational background in law, arts, and music to inform his multifaceted approach to strategy. After gaining significant experience in high-stakes environments, Tom launched into a role with one of the leading software companies in the world, Atlassian, where he served as a Strategy & Operations Manager. His unique blend of analytical rigor and creative thinking allowed him to thrive in this dynamic setting, contributing to innovative solutions that streamlined operations and drove business growth.
With a keen interest in sharing knowledge and fostering a community of strategic thinkers, Tom founded Strategy Breakdowns, a platform dedicated to demystifying complex strategies through detailed case studies. His captivating writing resonated with many professionals and learners in the field, leading him to leave his secure position at Atlassian to pursue this passion full-time. Today, his work continues to inspire and educate individuals looking to enhance their understanding of effective business strategies.
Education and Achievements
Tom Alder's educational journey is as diverse and impressive as his professional trajectory. He holds a Graduate Diploma of Legal Practice from The Australian National University, equipping him with essential legal knowledge that has informed his strategic decisions throughout his career. Tom also graduated with honors, receiving both an LLB (Hons with Distinction) and a Bachelor of Arts in Music from the same esteemed institution. His interdisciplinary studies provide him with a unique lens through which to approach strategic challenges, combining analytical skills from his law training with the creativity cultivated through his music studies.
Additionally, Tom broadened his worldview through an exchange program at the University of Groningen, enriching his academic experience while gaining insights into international perspectives on law and the arts. This combination of rigorous legal education, creative thinking from the arts, and practical experience in strategy has made Tom an invaluable asset in any organization he contributes to.
Achievements
Throughout his career, Tom has achieved significant milestones. His tenure at KPMG as a Manager equipped him with foundational skills in consulting that set the stage for his later roles. At Atlassian, Tom was instrumental in the development of several strategies that significantly impacted the company's operations and strategic direction. His commitment to excellence and ability to think critically about complex problems helped Atlassian maintain its status as a market leader.
As the Founder of Strategy Breakdowns, Tom has established himself as a thought leader in business strategy. His engaging case studies not only reflect his expertise but also display his commitment to making complex business concepts accessible to a wide audience. This endeavor has received positive feedback from professionals across various industries, solidifying Tom's reputation as an informative and relatable strategist. Through his work, he continues to influence the next generation of strategic thinkers, making business strategy less daunting and more understandable for all.
In conclusion, Tom Alder's diverse education, impressive career path, and notable achievements underscore his proficiency in strategy development and his passion for knowledge-sharing. He embodies the spirit of continuous learning and improvement, inspiring others in the field to approach challenges with creativity and rigor.
Highlights
Steal this cheat sheet to master SaaS Metrics.
If I had to make a playbook for predictable growth (company and career), it would start with understanding metrics.
From MRR to NPS, this cheat sheet provides a baseline for key SaaS metrics you should be tracking.
𝗚𝗿𝗼𝘄𝘁𝗵 𝗺𝗲𝘁𝗿𝗶𝗰𝘀: • 𝗠𝗥𝗥: Your subscription revenue heartbeat. • 𝗔𝗥𝗥: Forecasted yearly revenue based on monthly performance • 𝗖𝗔𝗖: Cost of acquiring new customers. • 𝗟𝗧𝗩: Average customer's lifetime value. • 𝗖𝗠𝗚𝗥: Normalised month-over-month growth rate. • 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗠𝗥𝗥: Additional revenue from existing customers.
𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗺𝗲𝘁𝗿𝗶𝗰𝘀: • 𝗗𝗼𝗹𝗹𝗮𝗿 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻: Ongoing revenue generation within a cohort. • 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗥𝗮𝘁𝗲: Track the proportion of retained customers. • 𝗖𝗵𝘂𝗿𝗻 𝗥𝗮𝘁𝗲: Subscription cancellations. • 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝗶𝗼𝗻 𝗥𝗮𝘁𝗲: Reduction in subscription spend. • 𝗡𝗣𝗦: Customer likelihood to recommend your business. • 𝗖𝗦𝗔𝗧: Customer satisfaction levels.
𝗦𝗮𝗹𝗲𝘀 𝗺𝗲𝘁𝗿𝗶𝗰𝘀: • 𝗔𝗻𝗻𝘂𝗮𝗹 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗩𝗮𝗹𝘂𝗲: Average annualised revenue per contract. • 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗦𝗮𝗹𝗲𝘀 𝗖𝘆𝗰𝗹𝗲 𝗟𝗲𝗻𝗴𝘁𝗵: Time taken for leads to convert. • 𝗪𝗶𝗻 𝗥𝗮𝘁𝗲: Deal success against opportunities. • 𝗠𝗮𝗴𝗶𝗰 𝗡𝘂𝗺𝗯𝗲𝗿: Efficiency of Net New ARR compared to expenses. • 𝗤𝘂𝗼𝘁𝗮 𝗔𝘁𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 𝗥𝗮𝘁𝗲: Assess sales teams' performance against targets. • 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗗𝗲𝗮𝗹 𝗦𝗶𝘇𝗲: Average value of each closed deal.
𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗺𝗲𝘁𝗿𝗶𝗰𝘀: • 𝗗𝗔𝗨: Track daily active users engaging with your product. • 𝗠𝗔𝗨: Track monthly active users engaging with your product. • 𝗗𝗔𝗨/𝗠𝗔𝗨: Ensure a healthy product usage ratio. • 𝗣𝗮𝗶𝗱 𝗦𝗲𝗮𝘁𝘀 𝗣𝗲𝗿 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿: Average user licences per paid account. • 𝗙𝗿𝗲𝗲 𝗧𝗼 𝗣𝗮𝗶𝗱 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗥𝗮𝘁𝗲: Measure conversion of free users to paid. • 𝗔𝗰𝘁𝗶𝘃𝗮𝘁𝗶𝗼𝗻𝘀: Key actions during trial periods for enhanced conversion.
This is just a starting point. You must always add other metrics depending on your business model, objectives, and market.
💬 What other metrics would you track?
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Still my favourite ad from the Olympics . .
👉 P.S. If you enjoyed this post, you'll love my newsletter - a 3-minute breakdown of the marketing strategies and growth playbooks behind the world’s greatest companies.
Join 55,000+ strategy nerds from companies like Google, Apple, Nike, and Netflix: https://lnkd.in/g2FWfXGR
