Adding Business Value
- Is your company worth as much as it can be?
- Does your company have opportunity to increase it's value?
- What areas does it need assistance?
Many organizations focus on the wrong areas to add value to their business. Below are areas where most businesses can add value to there company's worth.
- Check out this simple questionnaire.
- Mark down the number which most closely represents how true the statement is for your business.
- Add the results of each area.
- Score yourself using the key at the bottom of the page. [Score 1 to 5 for each item, where: 1 - Never; 2 - Seldom; 3 - Occasionally; 4 - Mostly; and 5 - Always]
BizNESS VALUE ADDED FOCUS AREAS
- Strong Financial Position & Financial Controls - We have no money or accounting woes.
- Consistant Profitability - Our track record is firm.
- Steady Growth - We show steady growth every quarter.
- Depth of Quality Management - Our process would make Deming proud
- Facilities & Equipment Conditions - We keep it all well maintained
- Customer Service - Our customers are "Raving Fans"
- Information Systems - We have them in place and consistenty use them
- Employee Morale - Our people are "up beat' for the right reasons.
- Business Plan - It's solid and updated regularly.
- Product/Service Quality - Six Sigma and steady!
____________ TOTAL SCORE A (add your numbers.)
SCORING:
- 10 - 20 Get help QUICK!
- 21 - 30 You've tough work ahead.
- 31 - 40 Good but still could use improvement.
- 41 - 50 Great! Now go for the GOLD!
NOTE: If there's only one area that's below a 5, then you have something to focus on to add value to your bizness. Work on it! You're worth it!
