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Finding
The Better Way for Your Business …
Can be as simple as checking your organization’s Vital Signs
Consider
New England Mentor’s
Vital Signs - Business Diagnostic Program
Program Objectives
The
objective of this program is to provide a comprehensive evaluation
of the key performance components of your company. Its goal is to
verify those areas where the business is operating effectively and
successfully as well as identify key points where performance needs
to be enhanced.
Program
Components
Our
evaluation will perform each of the following tasks in order to
provide the type of broad overview that will address the major components
of performance for the business:
- Three-Year
Financial Analysis
- We will compare the last three years income statement and balance
sheet performance to experience demonstrated for similar businesses.
We will identify critical areas where the business compares favorably
or unfavorably to accepted standards, setting the stage for ROI
benchmarks for change implementation.
- Revenue
and expense comparisons over the three year period
-
Best Demonstrated Performance Evaluation - “Putting it
all together”
- Liquidity,
Debt Position, Capitalization and other Balance Sheet analyses
- Establish
profit improvement focus
- Organizational
Analysis - We will conduct confidential employee
interviews to gauge the attitude, motivation, and operations perspective
of the employees. The objective is to look at the business through
the eyes of the front line employees and obtain the perspective
on their performance that can only be obtained by an independent
and confidential third party.
- Clear
understanding of how the employees perceive their jobs and
expectations
-
Clear appreciation for how the employees understand company
goals
-
Perspectives never available directly to the owner/managers
-
Are the right people in the right jobs?
-
Operations Flow Analysis
- We will conduct a detailed review of the activities and operations
used to administer the business. This overview will involve customer
service, pricing programs, inventory control, purchasing, order
processing control, labor scheduling, production operations, accounting
functions, and other operations that we deem essential to a clear
presentation.
- How
we get our product out the door, from order to collection
- Where
are the efficiencies and inefficiencies.
- Where
can change be implemented most effectively
- Do
our systems allow us to achieve our goals?
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Sales & Marketing Evaluation
- We will evaluate the market focus and the process by which the
business promotes itself, including advertising, networking relationships,
pricing programs, and other tools and will endeavor to provide
recommendations for enhancing these programs.
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What is the message we are trying to tell our customers?
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Is our message consistent with our goals?
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Measure the effectiveness of our promotional tools
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Measure the cost effectiveness of our promotional tools
-
Management Report Card
- We will test the skills and capabilities of key personnel, including
owner-managers to operate the business effectively toward the
achievement of professional and business goals.
-
Leadership skills
-
Clarity of purpose
-
Effective example
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Interpersonal skills
Project
Operations
Two
to four days of on-site review and analysis of the business
Confidential
interviews with all key employees
Detailed
financial and operations analysis
In-depth
marketing review
Comprehensive
Report of Review Results
Personal
presentation of review findings
Candid
recommendations for performance improvement
Detailed
and specific implementation agenda.
Results
Guaranteed
Guaranteed
Confidentiality
Affordable
Fee – tailored to the organization’s size and complexity
Money
back guarantee
Typical
3-to-1 return on Investment (ROI)
The
New England Mentor Vital Signs Business
Diagnostic Program is an incredibly cost effective
approach to obtaining a totally independent yet comprehensive perspective
on your business, one that cannot be obtained from your CPA, your
business attorney, your senior employees, or your network of associates,
vendors, and competitors.
As
with all New England Mentor services, the Vital Signs Program is
ideal for:
-
Mature, successful and profitable businesses that recognize the
need for a periodic independent and objective “pulse check”
- Expanding
enterprises where the “growth pains” require a fresh
perspective.
- Declining
or retrenching organizations where “the way we always did
it” simply no longer applies.
- Any
enterprise that is experiencing performance “pain”
but where management is not confident of its diagnosis or is unclear
as to its cure.
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