Entrepreneur's Self Assessment of your Business

Entrepreneur's Self Assessment of your Business

The focus of the assessment should be on unlocking value for all three important stakeholders – Key Customers, Employees, and Owners / Investors.

Is your organization consistently keeping the customers happy by delivering what they need and what is valued by them (products / services / solutions)?

  1. Is the value delivery without defects, on-time in-full, with short lead time and at a price which is welcome by them?
  2. Do you have a way to measure and keep track of this?
  3. Is the value unique and no other competitor can easily provide the same for significant long time?

Is your organization consistently keeping the employees happy by empowering them, and developing them?

  1. Is your organization providing opportunity to employees to become better and grow with respect, and a fair share of rewards and recognition?
  2. Do you have a way to measure and keep track of this?
  3. Is assured remuneration to employees comparable / better than the competition?

Is your organization consistently making profits, with increasing returns on investment of resources and time, and giving you access to increasing flow of free cash?

  1. Is your organization enhancing the reputation in the market and society?
  2. Are you keeping track of these (above two) and reviewing frequently?

?If your organization is not consistently reaching the level of expectations that each stakeholder has from it, then there is a case for you and your leadership team to have a fresh look at the way decisions are taken and actions are performed at various levels in the organization.

If you think that your organization is meeting the expectations of the stakeholders today, but you want to sustain and further enhance the satisfaction of all the key stakeholders considering the emerging future uncertainties, volatility, risks, then there is a case for you and your leadership team to have a fresh look at the ways decisions are taken and initiatives are taken for specific points such as ‘Where to Play?’ and ‘How to Win?’ in future.


Venkatesh Inamdar

Strategic Consultant, Corporate coach and mentor. Visiting Faculty.

3 个月

Interesting and must win for entrepreneurs to scale up to the next level.

Chandramouli Akula

Co-Founder, Neuromin, Master of Potential - Creation, Expansion, Union to Potential

3 个月

Excellent Deepak Nagar. This works well as Vital three for "sensing" the Health condition of the Business. But, you need beyond this for preventing and treating the Business to take off on the Growth path Sir, Be aware of falling into traditional TOC. Thanks for bringing up Sir.

Deepak Nagar

Simplicity Practitioner, Founder Resultant- YAGNA Entrepreneur Success Services Pvt Ltd, Visiting Professor - IIM Indore, DDP - Endorsed Instructor

3 个月

In case it is not possible to conduct a self assessment, YAGNA brings you the service offering of Business Assessment to help you with a dispassionate third-party view of the current reality of your business. Message me for further details.

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