
Initial Business Diagnostic And Review/Report
by Jerry Leath
DOES YOUR COMPANY NEED A
DIAGNOSTIC? (continued from page 1)
Here is the short list of the activities and issues we cover in the Initial
Business Diagnostic.
Supply Chain Continuity and Risk Analysis
Business continuity is of course a vital activity. However, prior to the
creation of a business continuity plan, it is essential to consider the potential
impacts of any disaster whether it be natural or business related and to
understand the underlying risks.... these are the foundations upon which a
sound business continuity plan should be built.
Human Resources (The foundation of a healthy and successful
company)
The Daley Group believes that attracting, developing, and retaining
qualified talent is the most crucial element of success. This success is
dependent on finding the people that are the right fit for your company.
The following process outlines how The Daley Group accomplishes
this goal:
Company handbook
- Current
- Legal (protects all)
Recruitment Processes
- Talent pool
- Bench Strength
- Screening process
- Job descriptions
- Succession Planning
Career Path
- Coaching reports
- Compensation plans that lead to sales results
- Sales metrics
- Education goals
Leadership Analysis
A key point of concern in valuing your company and its prospects for
the future is the Core Leadership Team. If the owner left would the
company continue to grow profitably? Have you developed a company
or a do you own a job? What culture does the Core Leadership Team
deliver? Are they pushing mules up hill, 60% productivity or do you
get 110% out of your people? In other words are you getting the most
from your investment in people? What is your succession plan and exit
strategy? Have you developed and executed a business continuity plan.
Finance Analysis
Would the Core Leadership Team be alerted to a potential problem or
potential missed goal in time to make adjustments and head off the
problem? Does your leadership team have a "core team dash board"
that gives them the information they need in a timely manner?
Operations Analysis
- Capabilities analysis
- Product or service costing methods
- Quality control methods
- Work flow analysis
- Process improvement capabilities
- Systems and processes documentations
- Outsourcing considerations
- Culture
Continue on page 3
If you are failing to plan,
you are planning to fail."
— Tariq Siddique
“Courage must come
from the soul within; the
man must furnish the will
to win. So figure it out for
yourself, my lad. You
were born with all that
the great have had.”
– Edgar Guest, poet
691 Trade Center Blvd, Chesterfield, MO 63005 636-527-7627 • Fax 636-489-4733 • www.DaleyGroup.org
© 2006 Daley Group, LLC
|
“To reach (our goal), we must sail sometimes with the wind and sometimes against it. But we must sail and not drift, not lie at anchor.” – Oliver Wendell Holmes Sr, physician
|