Strategy and Execution
Business Stress Test / Business Strategy Self Assessment
See also the free STRATEGY MODEL SITE
The Strat/Assess business software methodology delivers as business stress test / entrepreneurship stress test (business stress management):
- a questionnaire as a self assessment per chapter- (part of the on-line Business plan Support Guide).
This approach differentiates in this from standard business plan formats:
- by its unique multi dimensional scoring and self assessments per chapter
- leading to clear bottom line objective evidence and fact based decision making.
- It contributes to preventive and corrective actions,
- enables to avoid overoptimism and limits investment and business risks.
- provides key performance indicators
The advantage of Strat/Assess is its integral and simplified reporting approach covering unlike many other models:
- Basic financials
- A portfolio of business cases/projects
- Self assessment scoring
- Decision making criteria
- "Checks and balances"
- Strategic discussion issues description and business risk analysis:
Measurement, self assessment and scoring:
"Measuring is knowledge and guessing is missing"
- Following the basic principles "What gets measured, gets done" and "Guessing is missing" throughout the Strat/Assess approach scoring, measurements and self assessments are incorporated aiming in the end for the best possible result in terms of desired state and objective evidence based decision making
The summary of the self-assessments is presented in the Strat/Assess dashboard:
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Self-Assessments(most are available in the DEMO)
Self-assessments are based on scorings per element and criterion like (part of the on-line Business plan Support Guide).
Flexible methodology: You can add or remove yourself criteria if required.
This fits well to the E.F.Q.M/ INK model and the SIX SIGMA approach:
Source: EFQM
1. Strat/Assess input: Strategy development
SELF ASSESSMENT: STRATEGY
SELF ASSESSMENT: Timing
2. Strat/Assess input: Strategic market map/ External Orientation
SELF ASSESSMENT: STRATEGIC MARKET MAP
3. Strat/Assess input: Strategic competences map / Internal Orientation
SELF ASSESSMENT: STRATEGIC COMPETENCES MAP
4.Strat/Assess input: Financial plans
(PROFESSIONAL VERSION ONLY)
SELF ASSESSMENT: FINANCE
1. Likely/Base case
2. Best/Highest case
3. Worst/Lowest case
Related Net Present Value for each scenario:
Aligned with :
FINAN: www.finan.nl/
5. Strat/Assess input: Integral Business Development by business/project stage
(PROFESSIONAL VERSION ONLY)
SELF ASSESSMENT: PROGRESS DEVELOPMENT STRATEGIC ELEMENTS OF A BUSINESS PLAN
SELF ASSESSMENT: BUSINESS DEVELOPMENT
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5.1. Strat/Assess input: Scoring Stage 1 Concept/basic outlines of a business plan
5.2. Strat/Assess input: Scoring Stage 2 Initial business plan/Try-out
5.3. Strat/Assess input: Scoring Stage 3/4
According to the underlying theory a business will fail when not all scores are at 3 level at time of market introduction(at the latest
6. Strat/Assess input: Progress monitoring/Strategic discussion and risk analysis
SELF ASSESSMENT: IDENTIFYING STRATEGIC ISSUES AND BUSINESS RISK
Business stress test / entrepreneurship stress test (business stress management):
SELF ASSESSMENT Overall summary : IDENTIFYING STRATEGIC ISSUES AND BUSINESS RISK
This will drastically improve bottom-line decision making based on all self assessment scores
The Demo can be accessed as follows:
