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The Annual Business Appraisal (3)

1. Review your Business Performance

Without doubt you set out some key objectives for your business.  Have you achieved what you wanted to achieve? Now is a good a time to review your progress, consider your direction and set out some new objectives for this year with your board, or business mentor.  

By the end of this session you will:

  • Consider the PESTLE model to look at the macro environment
  • Complete a Power SWOT to assess current capacity & capability, performance & delivery
  • Review motivation and incentives to achieve specific goals
  • Assess the current culture of the business

2. Plan your Exit Strategy

Recent UK research has revealed that 45% of private owners say they would like to exit their businesses within the next 12 months.  But only 25% of owners have made any type of exit plan and only 7% have a written one.  In its early years exiting the business may seem a long while off, however, how you set the business up now will pay dividends when you do wish or have to exit.

By the end of this session you will:

  • Review the exit options open to you
  • Determine how to extracting value
  • Consider succession planning
  • Plan for business continuity

3.  The Board Review & Governance

There comes a point in time when business owners consider creating either a board of directors or an advisory board to support their growth plans. It is important to clarify what they mean by governance. In examining the boundaries between their roles as shareholders, executives and board members, they should also address the questions of board independence, performance and accountability.

By the end of this session you will:

  • Consider the Governance Framework
  • Identify different board room relationships
  • Review Board Room Intelligence
  • Conduct the annual board appraisal

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“The world seems to be flooded with ‘business advisers’, and so its often difficult to identify professionals who can bring added value to your business. In a sea of flotsum, Laura stands out as a jewel. With a canny knack for drilling down to the root cause of known issues, Laura will certainly challenge you to really ‘think’ about your business, and when you need it, she’s always there, to point you in the right direction for further expert advice.” Richard Mack

  1. Prices per session start from £500 for a tailored agenda, excluding all manuals, handouts.
  2. This can be delivered as a webinar lasting 1 hour, with audience Q&As from £200
  3. This material can also be delivered as a series of coaching sessions over a period of 5 weeks via a one hour Skype or Google hangout

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Not quite sure where to start?  Try profiling your board members and senior team with the Strategic Leadership Type Indicator.  It represents a new approach to systematically managing and motivating your employee’s performance.

Make contact for a free initial telephone consultation without obligation

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