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Last Updated : 2020-10-25 16:05:14
The valuation of the organization is found in many businesses, including management consulting, private equity investment, venture capital, investment banking, and turnarounds. While each has its own set of principles and practices, there are common elements that can be found in their evaluation approach. While there are certainly others, here are some questions to ask when assessing your organization.
What problem do you solve and for whom - The value-form is a small statement that explicitly states the customer, their severe problem, your unique solution to the problem, and the net benefit of this solution from the customers perspective. An organization that does not have a qualified value proposition does not remain in business for long.
How do you make money and What does the organization strive to attain - Profit operators are determined by what the company sells, for how much, by whom, when. As the old saying moves, no edge, no purpose. Profit operators enable all other good things to appear in the organization. This organization concept explains what it expects to become. The company sets purposes if it delivers, it will reach its vision. Its strategy operates the collective plans and actions of the organization business systems in pursuit of its goals.
How do you execute the business model - An organization business processes determine how its marketing model is expanding. Business processes take many of the work activities of an organization and prepare them for repeatable execution.
Who do you employ to do the work - People are authorized to execute the organization tactics and business patterns and conduct their business processes. Each element within the organization requires a certain level of leadership, skills, education, and experience.
How do you automate the organization - The use of information technology can dramatically improve or hinder an organization performance. The combination of cost reduction, speed increase, and problem-solving utility continues to change throughout the competitive landscape.
Conclusion - While they will not go towards every necessary answer required for action, these questions provide a great start to assessing the organization and providing a baseline of knowledge that builds sound judgment on its current position, capability, and opportunity.
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