In assessment of Organisation Profile, there are pointed questions on Key Business Factors:
Key Business Factors (KBF) are significant attributes of an organization that influence the way the organization operates and manages its processes. KBFs are measures or indicators that are significantly related to the business success. KBFs are as follows:
1. Organisation’s Purpose.
2. Product offerings.
3. A clear identification and thorough understanding of Organisation’s core competencies which is frequently market place differentiator.
4. Workforce Profile.
5. Facilities, Equipment and Technology.
6. The Regulatory Environment in which Organisation operates.
7. Governance System.
8. Customers and Stakeholders.
9. Business model and revenue drivers
10. Competitive Environment.
- Competitive Position
- Competitiveness Changes
- Comparative Data
11. Strategic Advantages and Strategic Challenges. (SWOT Analysis)
12. Performance Improvement Systems.
Assessment of Organisational Profile (OP) is critically important in
1. Strengthening competitiveness of the Organisation
2. Facilitating communication and sharing of information on best practices among organisation of all types
3. Helping to identify potential gaps in KEY information and focus on KEY PERFORMANCE requirements and BUSINESS RESULTS;
4. Helping to provide Organisation with an integrated approach to Organisational performance management that results in
- Delivery of ever improving value to customers and stakeholders, contributing to organisational sustainability.
- Improvement of overall organisational effectiveness and capabilities
- Organisational and personal learning.
5. It also may be used by itself for an initial self-assessment. If topics identified for which conflicting, little, or no information is available, it is possible that the assessment of Organisational Profile can be used for action planning on Performance Excellence Framework which includes:
- Leadership
- Strategic Planning
- Customer Focus
- Measurement, Analysis and Knowledge Management
- Workforce Focus
- Process Management
- Business Results
These prerequisites provide the foundation for developing the three competencies of performance excellence – lead, manage and improve.
- Strategic Leadership ( Lead the organisation)
- Execution Excellence ( Manage the organisation)
- Organisation Learning ( Improve the organisation)