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Business Health

Business Health
- What is it?

  • A highly engaged and productive workforce
  • A customer focused and collaborative culture
  • A commitment to continous improvement, innovation and adaptablity
  • Strong leadership and staff development practices
  • Strategic alignment across all levels
  • Robust financial performance
  • A strong brand reputation

Why does business health matter?

The healthier your company, the more competitive advantage you have, the more engaged your team members are, the happier your clients are - all which fosters growth and resilience.

Focusing on your company's health is not just strategic; it's imperative.

"Organizational health is the single greatest competitive advantage of any business."

– Patrick Lencioni

The Outcome :

A better understanding of areas necessary to focus on for a healthier, more competitive business that will remain relevant and resilient.

The Goal :

To improve your business health for improved, steady growth and ultimately a higher valuation and ability to achieve your desired outcome.

Services to Drive Your Business Health:

Business Health Assessment

This is a deep dive into each department and leadership to identify the true constraints to a healthy, thriving organization.  This hands-on service results in an un-biased detail of areas that need to be addressed and removed to create a thriving, resilient business. 

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Business Health Academy

This online masterclass series will walk you through the steps necessary to (re)build a solid foundation for a health company.  The ultimate goal of each module is to educate and equip attendees with the latest best-in-class tools and tips to improve your business health and leadership.

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Business Heath Assessment

Business health is not just a goal, it’s a journey.  And the business health assessment is the means to gauge the well-being of the organization.  The assessment is a comprehensive examination of the pulse of each department and the overall organizational vitality.  The Business Health Assessment delves into the intricacies of strategic planning, growth strategies, leadership development, and customer focus. It's more than an evaluation; it's an exploration of the collective strengths and opportunities.

Central to this process is the Business Health Index (BHI), a metric that distills the essence of the organizational health into a tangible score. This index is the compass, steering you towards areas that demand focus and improvement.

Business Health Index (BHI) Overview   

As a forward-looking tool, the BHI becomes, at minimum, an annual checkpoint, ensuring you stay on course for sustained success and growth.  It's not just a score; it's a commitment to innovation, resilience, and perpetual enhancement of your organizational vitality.

Top Graph: The outcome of the assessment is a BHI that represents the department average score of eight key departments every company can be broken down by (whether a start-up or Fortune 500).

  • Sales
  • Marketing
  • Finance
  • Operations
  • Human Resources
  • IT
  • Facilities
  • Governance

Each of the departments listed will have their own unique BHI and similar chart for quick view of areas requiring attention.

Bottom Graph: In addition, every question is categorized by either People, Process, Purpose, or Performance.  With this detail, deliberate strategies and actions can be developed to improve departments and overall health of the business. 

BHI Overview   

A business health assessment is an important tool for companies to understand how well your business is functioning as a whole, areas that are constraints to growth, and a means to identify areas to focus in on – and why.

Top Graph: The outcome of the assessment is a Business Health Index (BHI) that represents the department average score of eight key departments every company can be broken down by (whether a start-up or Fortune 500).

  • Sales
  • Marketing
  • Finance
  • Operations
  • Human Resources
  • IT
  • Facilities
  • Governance

Each of the departments listed will have their own unique BHI and similar chart for quick view of areas requiring attention.

Bottom Graph: In addition, every question is categorized by either People, Process, Purpose, or Performance.  With this detail, deliberate strategies and actions can be developed to improve departments and overall health of the business. 

The following areas are evaluated:

 

  1. Leadership: This includes assessing the effectiveness of the company's leaders in terms of setting a vision, communicating goals, performance and behavior traits, and leading by example.

  2. Communication: Evaluate the effectiveness of communication within and between departments, as well as with customers and suppliers.

  3. Culture: Assess the company's culture, including values, norms, and behaviors, and whether they support the company's goals, and the department sub-cultures that may exist and whether they are nested within the company culture.

  4. Risk Management: Evaluate the company's risk management practices, including identifying and mitigating risks related to operations, finances, and legal issues.

 

By evaluating each of these areas and gathering feedback from employees, customers, and other stakeholders, you will gain a comprehensive understanding of your business health and quickly identify areas for improvement. 

Process to Determine BHI

Ready to get your Business Health Index?

Find out the areas holding you back from growth!

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Check out the BUSINESS HEALTH ACADEMY

Different from the Business Health Assessment, this online masterclass series will walk you through the steps necessary to (re)build a solid foundation for a health company.  The ultimate goal of each module is to educate and equip attendees with the latest best-in-class tools and tips to improve your business health and leadership.  

THE GOAL: Increased growth and resiliency! 

For more information on what this online masterclass series is all about, click the link below and add your name to the waitlist to be apprised of the next class start date.

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