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Existing Initiatives

Evaluate your existing cost reduction efforts - 
Are they world-class?

Does your organization have a program to maximize profits and, if so, how good is it relative to world-class best practices?  Here's your chance to evaluate your company's efforts in cost reduction and profit improvement and your personal knowledge of world-class profit improvement.

Is your existing initiative world-class? - 10 questions.

Take this evaluation to find out.  Click here for the automated scoring online version or read on for the manual version.

 

 

 

 

Questions - Is your process: Yes No
1. Fully and obviously supported by top management?    
2. Formalized in writing?    
3. Tracked & reported monthly or quarterly?    
4. Updated and refreshed with users regularly?    
5. Addressing expense, loss, and revenue simultaneously?    
6. Pervasive through the organization?    
7. Integral to your annual operating plans & budgets?    
8. Part of individual performance plans & reviews?    
9. Involving everyone from top to bottom?    
10. Continuously producing needed profit improvements?    
Add up the number of "yes" answers and go to the next page for evaluation and discussion.

 

 You may print copies for non-commercial use within your company as long as the following copyright and contact information remain on each copy.  (c) 1997 - 2006 Steven C. Martin, Business Solutions - The Positive Way www.profitpro.us e-mail smartin@0profitpro.us

   

 

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Cost Reduction & Profit Improvement

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