Evaluating Business Options and Opportunities

These assessments are similar. Frequently they can be combined into the same engagement and lend themselves to be performed virtually.

Strategic Assessments

A strategic assessment is a diagnostic analysis of the strategic components of a business. The assessment helps to evaluate both the threats and opportunities in addition to the weaknesses and threats facing a business. You will be will facilitated through the process of gathering information and then summarizing it into a format so an evaluation can be made on where the business is now and the possibilities of where it could go in the future. A strategic assessment is a precursor to strategic planning. It is not strategic planning and does not replace it. The assessment evaluates the strategic situation before making strategic changes.

What the Assessment Achieves:

• Clarifies the current strategic profile of a business
• Provides for creation and identification of profiles to analyze strategic variables
• Invokes diagnostic questions and analysis
• Probes areas of strategic importance in greater depth

Strategic assessments help create a platform for future change. The assessments provide a valuable tool in helping clients begin a planning process focused on strategic thinking. It is what I call “future thought”.

Operational Assessments

Operational Assessments establish a framework to understand the basic operations and the major processes critical to the business. The assessment typically tracks all the key processes and how they flow through the business. In addition, consideration is given to typical symptoms associated with the business and the associated underlying problems.

Operational Assessments establish a baseline for a business and compares the business to established standards for the industry. I will utilize in depth analysis and investigation to compare actual performance with industry standards. Analysis of actual performance to industry standards provides the foundation for development of “gap” reports.

Strategic and operational assessments provide the basis for adjusting strategies as well as operations to achieve greater balance and improve business performance.

These engagements lend themselves to virtual consulting because of the ease of data gathering and analysis using my unique questionnaires and formats.