Continued from page 1
1. What percentage of time and emotional energy does
management team routinely devote to revenue growth?
2. Are there just exhortations and talk about growth or is there actually follow through?
3. Do managers talk about growth only in terms of home runs? Do they understand
importance of singles and doubles for long-term, sustained organic growth?
4. How much of each management team member’s time is devoted to making effective visits with customers? Do they do more than listen and probe for information and then try to “connect
dots”?
5. Does
management team come into contact with
final user of your product?
6. Are people in
business clear about what
specific future sources of revenue growth will be? Do they know who is accountable?
7. Would you characterize your company or business unit’s culture as cost cutting or growth oriented? If
answer is one or another you need to start doing both. Do people in leadership positions have
skill, orientation, and determination to grow revenues?
8. Does
company practice revenue productivity? Does it think through whether there are ways to more effectively use current resources to generate higher revenues?
9. How well does your sales force extract intelligence from customers and other players in
marketplace? How well is this information communicated and acted on by other parts of your organization, such as product development?
10. How good are
upstream marketing skills- that is,
ability to segment markets and identify consumer attributes- in your business?
About
Author:
Ram Charan is coauthor of
landmark Fortune article "Why CEOs Fail" and an adviser on corporate governance, CEO succession, and strategy implementation. He was named as Best Teacher by Northwestern's Kellogg School and as a top-rated executive educator by Business Week. He is author of Boards at Work, coauthor of Every Business Is a Growth Business, and a frequent contributor to Harvard Business Review. (6/2000)
By: Regine P. Azurin
Regine Azurin is
President of BusinessSummaries.com, a company that provides business book summaries of
latest bestsellers for busy executives and entrepreneurs.
http://www.bizsum.com "A Lot Of Great Books....Too Little Time To Read" Free Book Summaries Of Latest Bestsellers for Busy Executives and Entrepreneurs
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Regine Azurin is the President of BusinessSummaries.com, a company that provides business book summaries of the latest bestsellers for busy executives and entrepreneurs.