Tuesday, 31 January 2012

Key commercial indicators..................


James Law’s - Etesian Group

You can find the Etesian Group at www.etesiangroup.com.au
Contact James Law on 0409 199 547
I can also be found on Twitter and Linkedin

Location – Perth Western Australia
Client base includes Western Australia, South Australia and Northern Territory.

Kong Hei Fat Choi to all my Chinese friends. May prosperity be with you all. Wishing you a Safe, Happy and Fulfilling Year of the Dragon.

Key Business Issues:
(Part III Following on from Blog 6 24/01/2012)

Commercial:
Amongst other things......
  • Have you developed standard performance statistics for key indicators?
  • What is the appropriate number of employees you should have given your level of turnover?
  • Do you regularly perform variance analysis and seek explanations for variations?
  • Is your budget realistic? Is your budget built form the ground up, or is it a top down analysis?
  • How is performance reported and analysed?
  • How do you treat your cost centers?
  • How do you treat your profit centers?
  • Is management involved in creating the budget? Do they have ownership of it? Are they both responsible and accountable for it?
  • Is management adequately rewarded for performance and the attainment of corporate / divisional goals?

Cheers

James Law
0409 199 547

No comments:

Post a Comment