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For the first
issue of 2012, we have provided a 25
question CEO Business Growth Audit. I look
forward to your comments.

Rick
Erling
CEO - Business Growth U.S.
Take the 2012 CEO Business
Growth Audit
by
Paul Di Modica
In order to be growing your business
aggressively, you need to use a
premeditated system, take specific
action steps to maximize corporate
goals, exploit market opportunities,
and understand the drivers needed to
maintain sustainable growth.
At Business Growth U.S., we audit 100+
business growth drivers to determine
company strengths and weaknesses in
their operating models. Here are 25 of
the 100+ drivers we use to audit a
company's potential for success and
measure the areas that are weak and
need to be adjusted.Take the test and
measure your revenue growth success
potential for 2012.
2012 CEO Business Growth
Audit
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Are your services, engineering or
operation departments set up as
individual profit centers?
-
Is your service department,
engineering or operations
department revenue capture process
only the sales team's
responsibility?
-
Does your development, engineering
or operations department create
new offerings without market gap
research or detailed written
project plans?
-
Does your development, engineering
or operations department create
new business offerings without
getting written input from your
sales and marketing department?
-
Have your operations or
development department wrapped
your services into a packaged
offering with specific pricing
options targeting specific buyers
to help your prospects buy easier?
-
Is the average success of your
entire sales team's assigned sales
quota or target greater than 85%
annually?
-
Do you have a written, documented
systematic sales process detailing
your firm's entire sales cycle
from pre-sale to post-sale that
you require your sales team to
follow?
-
Do you know your sales capture
cost per sale?
-
Do you use a metric-driven method
to mathematically calculate sales
quotas or sales targets for your
sales team?
-
Do you pay your sales team the
same commissions for business from
existing customers as you do for
business from new prospects?
-
Do you know the lifetime dollar
value of each of your top ten
customers during the last five
years?
-
Do you and your management team
get a line item detailed profit
and loss statement (P&L) showing
profits and losses before
corporate general and
administrative costs (G & A) every
month for each of your
departments?
-
Do you know specifically (based on
research) why your prospects buy
from you?
-
Do you know specifically why you
lose business (again, based on
research)?
-
Does your vice president of sales
have total control over who they
hire and fire?
-
Do you raise your product or
service pricing every year?
-
Do you calculate marketing Return
on Investment (R.O.I.) for each
your marketing investments?
-
Is your senior marketing manager
paid financial incentives based on
revenue growth?
-
Does your marketing department
have a written month-by-month
marketing action plan listing each
activity, its costs and its
expected inbound lead generation
goals?
-
Has your firm calculated business
demand for your products or
services through market gap
analysis?
-
Are you growing your firm's top
line revenue organically through
outbound new market revenue
capture?
-
Is at least 50% of your current
fiscal year revenue coming from
new customers?
-
Do you have any customer
responsible for more than 15% of
your total revenue?
-
Do you believe that all of your
customers primarily buy from you
based on your price?
-
Do
prospects call you and ask to buy
your product or service without
you contacting them first?
1. Yes
6. Yes
11. Yes
16. Yes
21. Yes
2. No
7. Yes
12. Yes
17. Yes
22. Yes
3. No
8. Yes
13. Yes
18. Yes
23. No
4. No
9. Yes
14. Yes
19. Yes
24. No
5. Yes
10. No
15. Yes
20. Yes
25. Yes
Scoring Assessment: Give Yourself 5%
for each right answer.
The following audit is hardly a
complete assessment of your revenue
growth potential but a snapshot of
where you may be versus where you need
to be.
How did you
score?
60%
and Below
Your business model struggles to
maintain year-over-year sustainable
growth. If your revenues are
increasing, it is an anomaly, or a
planned methodology? Do you recognize
specific financial and operational
leakage issues and your corporate
instability exposure? To fix this
position, you need a redesign of your
business and the integration of your
operations, sales, marketing and
strategy processes into one revenue
capture approach.
61%
to 80%
Your current business growth model has
some of the best practice attributes
needed to grow revenue year-over-year
using a planned process. Some of your
business structure may need to be
adjusted to maximize long-term
corporate growth goals.
80%
and Above
Your business structure maximizes
corporate growth capabilities and uses
an inter-department alignment that
focuses on strategy linked to action
steps. You have built a sustainable
pattern which should foster continued
success.
Let's make no mistake, it takes work
and commitment by you and your
management team.
"There are a lot of things
that go into creating success. I don't
like to do just the things I like to
do. I like to do things that cause the
company to succeed. I don't spend a
lot of time doing my favorite
activities."
- Michael Dell
To
your success,

Rick
Erling
Top-performing organizations are
increasing their companies'
revenue, within a constricted
economy by investing in business
growth acceleration strategies.
For more on increasing your
revenue capture effectiveness,
subscribe to my
Email
Newsletter, follow me
on
Twitter,
connect to me on
LinkedIn,
or friend me on
Facebook.
If I can help you or your firms
revenue growth acceleration
strategies, check out my coaching
and consulting firm,
Business Growth U.S.,
email me,
or call me at (972) 727-6880.
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workshops or onsite sessions
at your location.
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Top-performing
organizations are
increasing their
companies' revenue, within
a constricted economy, by
investing in business
growth acceleration
strategies. For more
information, visit:
www.businessgrowth.us
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