Evaluate your existing cost reduction efforts

By Steven Martin, Business Solutions - The Positive Way

Does your organization have a program to maximize profits and, if so, how good is it? Here's your chance to evaluate your company's efforts in cost reduction and profit improvement and your personal knowledge of world-class profit improvement.

Results will appear in a pop-up window and will include numerical ranges for your situation and comments explaining the "wrong" answers.

Is your initiative or process:

1. Fully and obviously supported by top management?

   Yes

   No

2. Formalized in writing?

   Yes

   No

3. Tracked & reported monthly or quarterly?

   Yes

   No

4. Updated and refreshed with users regularly?

   Yes

   No

5. Addressing expense, loss, and revenue simultaneously?

   Yes

   No

6. Pervasive through the organization?

   Yes

   No

7. Integral to your annual operating plans & budgets?

   Yes

   No

8. Part of individual performance plans & reviews?

   Yes

   No

9. Involving everyone from top to bottom?

   Yes

   No

10. Continuously producing needed profit improvements?

   Yes

   No

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