We have developed a simple self-assessment test to help managers gauge the effectiveness of their performance and profitability management system. After you complete the assessment and if you would like to discuss your results with us, please check below. This consultation is free of charge and without obligation.

For each question answer on a scale from 1 (nonexistent) to 5 (highly effective).

 

Characteristic	Rating 1       2       3      4      5
1. Strategic plans, operational budgets and forecasts, and organizational development plans are tightly linked and are developed rapidly and adapted continually
2.  Management attention and decision-making are focused and devote sufficient time and energies to both strategies and operational performance
3.  Performance reports are characterized as causal and explanatory of results, contain the appropriate number and mix of measures, including financial and non-financial measures, and lagging and leading indicators
4.  Performance reporting provides line of sight from strategy to operations, is graphical and analytical, as well as descriptive and predictive of business results
5.  Changes in business environment and conditions, such as an increase in customer orders, are easily linked to other operating processes, such as increases in production schedules and resource requirements
6.  Resource allocation decisions are aligned to strategic priorities, reflective of profit potential and provide targeted returns on capital and cash flow
7.  Accountabilities and rewards are perceived to be linked to and based on performance, and promotions are recognized and celebrated
8.  Information technology is integrated and information is relevant and easily accessible

 

 

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