Are you a business owner or manager that is looking to enhance your business position and business performance. If you are looking to understand the best way to measure your business for growth and success, learning how to conduct a business performance review/ audit can be a key skill for continued growth.
This review will give the business a snap shot of where their ‘pain’ points are and what keeps senior management awake at night. The review highlights the critical areas of the business that are preventing it from maximising its potential and profitability.
Core Areas for the Business Performance Review.
1. Aligning Processes and Procedures.
2. Identifying and Eliminating Waste – Visible and Invisible.
3. Problem Solving and SOP’s
4. Defects and Variation – The Human Factor
5. Skills and Knowledge Levels – The Team
Results and Improvement Actions.
The Review starts with a business model simulation. This simulation highlights key areas of the business that are in need of alignment, synchronisation and collaboration. KPI’s and silo areas are identified and improvement actions in the 5 core areas of the Review become obvious.
A Waterfall Chart is developed to clearly illustrates the areas where time is being lost in the business and the impact on throughput and profitability. A radar chart of the 5 core areas is also developed showing the current situation with a proposed 90 day improvement plan.