Value Gap Drivers
Gerry Lalonde, CPA, CGA
Growth and Value Strategist | Building and implementing strategic exit plans | Developing Leadership Teams | Fractional CFO | Author |Featured on Fox, NBC, CBS, ABC and others.
Participated in a discussion group today with other practitioners who use the CoreValue software in their practice.
There was strong consensus that, while knowing the potential value of your enterprise is interesting, the real value from completing a Discover Report and then the Deep Dive Analysis was identifying the areas of the enterprise that are creating value gaps and impeding your ability to grow revenue and profits.
Having identified the value gaps the management team can now bring a laser focus to the areas that will have the biggest benefit to creating value.
An added benefit is being able to formally identify the value gap drivers and then include these in your strategic plans and identify responsible members of the management team that will be addressing each area.
A recent Deep Dive Analysis I conducted with a client’s management team showed that there was quite good alignment between the various managers and the gaps that were identified were not a complete surprise. Everyone already knew in their gut where the problems were but, because of the Deep Dive Analysis, the management team now had these documented with action plans to address them. Instead of being just a shared gut feel it was now a documented value gap with assigned responsibilities and action plans to address them.
There really is no downside to knowing what your value gaps are and what is driving them. Do yourself, and your Company, a favor and complete the complimentary Discover report by going to https://www.mycorevalue.com/discover/go/exechq-x-roads-technolog-web .
The only cost to you is a few minutes of your time. See why thousands of executives just like you use Discover to measure and grow business performance and value.
Senior Global Recruiter
1 年Gerry, thanks for sharing!??