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Remember the episode, ‘The one with Unagi’ of the American sitcom Friends, where Ross Geller was explaining a concept of Martial arts or Karate to Phoebe and Rachel? Ross was right about the idea of total awareness of surroundings, but he mistook its name for a Japanese Freshwater Eel - Unagi. The concept of complete awareness and alertness of mind and body to predict and tackle attacks is known as Zanshin. In visualization, it is like Peter Parker’s Spider-sense. Whether it is Martial Arts or Business, one who is aware of his surroundings becomes invincible and touches heights of success and fame the world has never seen before, like Apple, Google, and Microsoft. It needs physical and mental exercise to achieve this state in martial arts; in business, organizations could master it using business assessments.
What is a Business Assessment?
A business assessment refers to a procedure or steps for analyzing your organization’s current state on various grounds/metrics and comparing it to the ideal state you want to be in or your competitors are in. The results of a business assessment help organizations develop growth strategies and find areas of improvement. One should not see business assessment results merely in numbers or scores but dig deep into the insights and understand the roots of their strengths and weaknesses.
Types of Business Assessments
Based on their period of occurrence or frequency, there are two types of assessment — Foundational and Situational or Proactive and Reactive. The first one is conducted after a defined period like a month, quarter, or year to ensure business well-being. You can say these are like regular health checkups.Â
Situational business assessments are for analysis of a business situation or events. It focuses on measuring the impact of events (impact assessment), what goes wrong, what can be done better, and working towards forming a risk mitigation plan. It is similar to visiting a doctor during or post-illness to get better.
Other classifications of business assessments are financial, marketing, tactical, etc. It is based on the reason for which they are conducted.
The last and most popular types are generic business assessments like SWOT, GPCT, and Porter’s Five Forces. From entrepreneurs to consultants, everyone likes to use these because of their reliability, acceptability, ease of use, and pre-defined structure.
You can also create a business assessment based on the factor you want to analyze. The only golden rule here is to be honest, while creating and conducting it. Only then can you obtain the right results to grow your business.
Business Assessment Templates
In order to rule the competitive landscape, you need to plan strategically, and for that, you need to understand your position in the market. This is possible only with genuine results of a thorough business assessment which includes every element of enterprise finance, marketing, operations, etc.
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Designing one such comprehensive analysis is not that easy. It takes a lot of time and strenuous effort; therefore, we are here to help you with this task by providing our ready-to-use business assessment templates. These PPT layouts are curated through extensive research and include the required elements to conduct a successful business assessment. You will be able to perform these analyses in periodic cycles (which is the best practice) with the help of these sample templates. Let’s explore!
1. Monthly Business Assessment Presentation Templates
Looking for a tool to help you understand the scenarios impacting your business growth? This business assessment PPT is the end of your search. It will help you in a business review meeting to illustrate the problems and brainstorm solutions with your core management team. This presentation deck includes a quarterly business review, highlights, financial summary, revenue split, key milestones achieved, balance sheet, cash flow statement, key financial ratios, funding updates, etc., to conduct a perfect business analysis. Grab it today!
2. Current State Business Assessment PPT Templates
Planning a growth strategy without knowing the current state of your business is like using Google Maps without a location feature. You would have to figure out where you are and what is the shortest route to your destination on your own. It defies the whole purpose of using a map. This presentation template will work as the toggle switch to turn on your location feature and help you navigate your position faster. It has sample designs like the current state assessment model, a comparison of current and future states, business process current state analysis, project, and deliverables analysis, etc. Get it now!
3. 3P Analysis Business Performance Assessment Management Deck
3Ps — People, Process, and Products is a well-known business management concept, and these three elements are known as the cornerstones of every business. This sample business assessment deck is designed with the 3Ps theme in mind. It will help you understand and apply this popular and straightforward concept in assessing business factors. It has sample templates of the 3Ps for quality assessment, lean management, enhanced business performance, and product & service assessment. Get it now!
4. Business Sustainability Assessment Using KPIs Presentation
KPIs are the core performance metrics that organizations use to measure and define business progress and performance objectives. This professionally designed business sustainability assessment deck will help companies measure their organizational performance and growth over a given period. Using this presentation deck, you can provide your organization’s overview and compare its performance with competitors with the help of a competitive landscape analysis section. It assesses and compares businesses on the basis of the foundation year, the number of employees, investor funding, operating profit, and net profit margin. Get it now!
5. Monthly Business Performance Assessment Templates
Analyzing the monthly performance of your business is necessary to track the growth path and devise the latest strategy to run with current market trends. This business assessment creative presentation set helps run a competitive analysis of equity, debt, and KPIs. It will help you analyze the last month’s business journey and share a roadmap for future development with your team members. You will be able to share a graphical representation and projection of income growth using this PPT deck. Download it now!
6. Business Readiness Assessment PowerPoint Templates
Finding answers to questions like — is your business ready to transform digitally? Is your company prepared for the next phase of development? — is of utmost importance to rule the competitive landscape. These questions will help you know your organization’s strengths, weaknesses, improvement opportunities, and more. This sample business readiness assessment presentation will help you analyze your company’s state to take over new challenges. It has a heat map, key factors, major steps to conduct changes, readiness assessment for different scenarios, and more. Get it now!
7. Opportunity Assessment For Businesses PPT Templates
Taking each opportunity with seriousness makes businesses grow faster. Assessing options will help you prepare to take them over and pull maximum conversion out of them. This template will be your tool to analyze business scenarios and market opportunities from different angles. This presentation deck includes slides with steps for opportunity assessment, opportunity assessment matrix, strategy, methodology, and more. Download it now!
8. Market Assessment For Businesses PowerPoint Templates
Before sailing your boat into the sea, testing the waters is necessary. A market assessment is your way of understanding whether your organization will succeed in new markets. This sample presentation deck will help you analyze the market trends, threats, and opportunities to develop a go-to-market strategy. It includes slides for market strategy components, its elements, strategies, economic & sociocultural analysis, and more. Get it now!
9. Operational Assessment For Business Growth PPT Templates
Operations are the backbone of every organization, and for a business to stand tall, operations must be strong and healthy. This operational assessment presentation deck will help you analyze your business function activeness and growth. It has a model for examining operation & service quality, business operation challenges & their response, operational risk assessment methodology, functional excellence assessment, etc. Get it now!
10. Competitive Landscape Analysis Business Assessment Templates
When you enter an industry with a business idea, competitors are complimentary with it. To survive and grow in the market, it is necessary to map the competitive landscape and understand your competitors in every way possible. This is not an easy task to accomplish, but this presentation deck will help you to achieve it in a less tiresome manner. It has templates for competitive landscape analysis factors, market size assessment, strength, weakness & market position analysis, components of the competitive landscape, etc. Download it today!
Over To You
Business assessments are the starting point and blueprint of the growth strategy path toward a more prosperous and higher position in the market. It helps you understand the secrets of your business and see outside the tunnel vision.
Conducting a business assessment is like building a bridge over a river. You cannot cross the water without completing it. Our sample business assessment templates provide a detailed blueprint for that bridge and help you fill the gap in less time. Grab these ready-made PPT layouts and jump-start your business assessment journey today!
FAQs for Business Assessment Templates
1. What is a business assessment?
A business assessment is a systematic approach and analysis procedure to record and understand your business’s Key Performance Indicators (KPIs) and get a solid idea of your current position, strengths, gaps, and opportunities.
2. How do you write a business assessment?
There are different types of business assessments depending on their needs. The way to write them slightly differs in core elements. However, the typical steps that you can use to write a business assessment are:
1. Set Objectives for your business assessment
2. Break those objectives into smaller achievable goals (follow SMART goal planning)
3. Prioritize tasks to achieve goals efficiently
4. Analyze your organization’s current state with pre-determined KPIs
5. Visualize the future state you want to achieve after a defined period
6. Plan a strategy for it and work accordingly
7. Repeat the cycle of business assessment after that defined period to analyze the growth.
3. What is the purpose of a business assessment?
A business assessment helps an organization understand its current state and analyze available resources, opportunities for growth, and competitive advantages. It lays a concrete foundation for strategic development planning to achieve a visualized future state of business. The purpose of business assessment is to keep companies aligned with their goals and help them understand the necessary measures to achieve that in an efficient way.
4. What are different business assessments?
Business assessments are of different types based on their reason for conduction or role to fulfill. The types of assessments are
- Financial assessment: Conducted to analyze the financial health of an organization.
- Tactical assessment: Conducted to analyze strategies and their success on the ground zero level. Further classified as operational efficiency assessment.
- Marketing assessment: Analyze a business or product’s sales and marketing elements like strategies, position, and customer satisfaction.
