The Lean Business Company Physical™ is a 3 day audit
of the performance of a company against best practices and
business objectives. It is broken up into segments that look
at:
Company Quality – How is the company doing in improving
the quality of its margins, EBITD, and other pertinent earnings
measures
Efficiency – How well is the company doing utilizing
the key assets and employees in the company?
Management Effectiveness – How well is management doing
in providing returns on deployed capital, assets, equity, etc?
Financial Strength – How well prepared is the company
to handle short term financial issues?
Growth – How well is the company doing in growing its
business from both a sales, investment and earnings perspective?
In each of these areas, the physical focuses on KPI’s
at both the corporate and functional levels to provide insight
for the management team on the performance of the business.
These KPI’s are viewed over a multi-year period to provide
insight on current trends. Functional areas looked at during
this physical include:
- Manufacturing and Distribution
- Marketing and Sales
- Engineering and Product Development
- Human Resources
- Security
- IT
- Finance and Administration
After the audit, we will provide you with a report of our
findings in each of these areas. This report will provide you
with a documented performance summary of your company that
can be utilized in the future for managing the business.
Included in that report will be a set of recommendations on
areas for improvement and other opportunities.. The report
will provide you the basis for developing on-going and sustainable
continuous improvement systems in your operation. For more
information, drop us a line at info@group50.com or call (909)
949-9083 anytime.
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