To assess the way you manage your business, consider the following:

 

Do you have realistic and achievable strategy for your business?

 

Do you have the right people to deliver your strategic objectives in the short and medium terms?

 

Have your objectives been communicated effectively to senior staff and do the individuals understand their role and its importance?

 

Operationally, are decisions made by the most appropriate people in a timely and efficient manner?

 

Do you spend quality time with your staff to ensure they are motivated, understand what is expected of them and perform to the best of their ability?

 

Do you receive timely information enabling you to run the company efficently?

 

Have you identified Key Performance Indicators and do your workforce use them effectively?

 

Is good performance recognised and poor performance addressed effectively?

 

Do you spend time on financial forecasting, financial planning and risk analysis (as opposed to historic reporting)?

 

Do you walk the talk & talk the walk with senior colleagues and the rest of the team?