Business Health
What are the benefits of a health assessment to you?
- Create the ability to respond quickly to change and deal better with increasing levels of complexity and uncertainty
- Improve the climate for breakthrough strategies aimed at improvement and growth
- Operate at a lower cost
- Minimise dysfunctional behaviour and encourage ethical behaviour
- Create sustained growth in shareholder wealth
- Converting intangible assets into tangible outcomes
- Create manageable business framework
What do you get out of a business health assessment?
We will provide you with:
- A business health assessment done against predefined maturity models.
- Design an incremental implementation plan including accountabilities and responsibilities
- Assist in creating awareness of maturity of business capability
- Develop business case for change
- Assist in assigning ownership and priorities for change
- Deliver sustainable business frameworks and models
- Assist in implementation and knowledge transfer processes
- Ongoing assistance through business mentorship programme
What is the concept of 'Business Health'?
Much like the dreaded visits we do to our local GP for an annual checkup to determine our overall health and consequently to discover the adjustments needed in our lifestyle to improve our health, so too does a business need an overall assessment of its health and readjustment of key strategies and execution disciplines. Similar in business we deal with different complexities:
- Sales/marketing
- People management
- Financial sustainability
- Client/supplier chains
- Complex processes
- Technology
If we do not manage or inadequate manage these complexities we do erode our future business potential.
Quickly and accurately measuring the major components contributing to business health gives us the ability to respond to negative changes before it has a severe impact on the business.
The business health assessment provides a holistic view of the capability of the business. The philosophy behind the business health assessment is simply that you can’t manage what you can’t measure and that you can’t measure what you can’t describe.
The business health assessment is divided into three business pillars:
- Strategic alignment
- Tactical ability
- Operational execution
Strategic alignment focuses on business growth, leadership and value chains used. During the assessment of strategic alignment cognisance will be given to:
- Customer and Supplier loyalty
- Alignment and Empowerment
- Complexity and Synergy within the business
Tactical ability focuses on the availability and usage of business enablers such as people, processes, technology and financial capital. In addition, operational execution aim to bridge the gap between what the business wants to achieve and the ability to achieve it by assessing ownership, focus and priorities.
