Business performance Auditing for maximize productivity and growing the business

Many key decision makers,business owners focus on the day-to-day
running of their business and forget to stop from time to time and
find out how far they have come, where they are and where they are
going. This is a reason for some business failures.

The measurement of Business performance should be a continuous process
which involves checking the performance against the mission and
objective of the company .It leads to compare the actual performance
with the established standards.

It is one thing to have an increased profit margin and the business is
not growing;It is another scenario to have a low but growing profit
margin and clear indicators of business growth.

Why Measure Business Performance?

Business performance measurement has a variety of uses. Bititci,Carrie
and Turner (2002) list the following reasons companies measure
business performance:
Ø To monitor and control
Ø To drive improvement
Ø To maximize the effectiveness of the improvement effort
Ø To achieve alignment with organizational goals and objectives
Ø To reward and to discipline

Reviewing your progress will be particularly useful if you feel:
Uncertain about how well your business is performing
Unsure if you're getting the most out of your business or making the
most of market
opportunities
Your business plan may be out of date, e.g. you haven't updated it
since you started business
Your business is moving in a total direction different to the one you
had planned because of the economy
The business may be becoming unresponsive to market demands
ü It is also helpful if you have decided that your company is ready to
move on to another level.

Objectives of Business Performance Auditing
Auditing is an integral part of most management systems and are
usually a requirement of external
standards (e.g. ISO 9001 or ISO 14001) .

The objectives of Business Performance auditing include:
• Ascertain the employees ‘s performance in the business to deliver
their goals and objectives
• Measuring the performance of business processes (efficiency,
effectiveness and conformance)
• Assessing the company’s ability to meet customer requirements, and
internal and external rules and regulations
• Identifying the leading competitors in your industry and probing
into the strength,weakness,threats and opportunities open to them
• Assesses understanding of the objectives, mission of company


SDIL has a league of International certified Management consultants ,Business
Continuity Managers,certified Business system Analysts, Auditors
trained to identify and resolve complex structural deficiencies
hindering business growth in work place.


SDIL+2348050383215,09044165315 for your booking