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Owner / President Assessment
Ask yourself the following questions about your company. Be honest and realistic.
Provide answers at the right ranging from "1" to "5", "1" being the poorest score. |
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| Question: |
Score: |
| 1. Are things going as well as I planned when I started/took over the firm? |
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| 2.
How well do we define, implement, track, and learn
from success metrics? |
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| 3.
Does my business run me more than I run it? |
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| 4.
Am I getting tired of working so hard, but not
always working smart? |
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| 5.
How well am I able to manage by
"exception", just focusing on those areas
where my attention and planning are really needed? |
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| 6.
How good am I at delegating? Training others?
Mentoring? |
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| 7.
Do I have enough quality time to think, plan, and
act like an owner, instead of simply running around
like an employee? |
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| 8.
Am I able to compensate myself and key players
adequately, given the hours we invest in the
business? |
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| 9.
How easily could we obtain financing (how seriously
will we be treated, and how good will our rates be)? |
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| 10.
How good is my plan to increase the value of the
business in anticipation of the day when I can sell
it or leave to a successor? |
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| 11.
Is our company revenue as high as we projected? |
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| 12.
How comprehensive is our budget? |
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| 13.
How well managed are our company's expenses? |
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| 14.
How much more profit could we probably be making? |
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| 15.
(Turnarounds) How badly is our company losing money? |
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| 16.
How good is our scorecard/measurement system? |
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| 17.
How well do we measure profit by product/service
lines? |
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| 18.
How well do we measure profit by customer? By
customer segment? |
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| 19.
How well do we measure the success of our
marketing/advertising programs? |
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| 20.
How well do we measure the success of our sales lead
programs? |
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| 21.
How well do we know what our discounts and
promotions are costing us? |
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| 22.
How well do we use customer referrals to increase
sales? |
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| 23.
How well do we use alliance partners to increase
sales? |
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| 24.
How well do we know our cost of quality? |
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| 25.
How well do we manage our Accounts Receivable? |
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| 26.
How well do we know our days of inventory and
inventory turns? |
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| 27.
How well do we manage our Accounts Payable? |
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| 28.
How good is our borrowing capacity? |
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| 29.
How well have we tied incentive bonuses to profits
and other goals? |
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| 30.
How well do our managers/employees understand any of
the above? |
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Total: |
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Average: |
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| Note:
If you answered with a 2 or less to any of these
questions, or your average is below 3, your firm
could probably benefit from using a Business
Coach… |