Assessment Tool The Sobey School Business Development Centre is developing an assessment tool to help our clients understand where they may have opportunities to grow through identifying where the business is having challenges. We would appreciate your help in completing this short 8 question survey. You can provide any feedback you have on the next page. On page 2 you will have the chance to enter into a draw to win a free coaching package from the SSBDC to help prepare your business for new growth opportunities. If you have any questions about the assessment, please contact us at [email protected] I am confident that my company has the best talent (staff or management) or can hire the best talent in a timely fashion to comfortably do the work we need to do for at least the next year. This includes current and projected workloads.*YesNoThe reason I answered no is (select all that apply):* People with the right skill set won’t come work for us, because we can’t offer what they want or need. We keep hiring people but they don’t work out. They either leave or we fire them. Our company’s staffing needs have grown to be more complex than when the company started. We don’t know what kind of talent we need People aren’t performing their best. We don’t have the resources (money, space, etc.) to hire who we need. We either make due with less skilled talent or go without. Other OtherI am confident that our company has the right strategy, tracks the right data, and makes the right decisions to separate us in our market, provide great value to our customers, and provide sustained growth for at least the next year.*YesNoThe reason I answered no is (select all that apply):* We don’t have the resources (time, skill set) to collect data. We don’t have the resources (time, skill set) to step away from operational concerns to work on big-picture strategy. We don’t know what information we should be collecting. We don’t know what ‘working on strategy’ looks like. We don’t have the right mix of skills on our management team to make big picture decisions. We don’t think about long-term term strategy, we just deal with things as they happen. Other OtherI am confident that our company has the resources it needs (cash flow, credit, investment, staff, or physical resources such as land, facilities or equipment) to meet our needs for at least the next year. This means either maintaining current operational capacity or growing our capacity.*YesNoThe reason I answered no is (select all that apply):* We don’t sell enough of our product/service (i.e. not enough revenue). Our profit margins aren’t high enough. Our cash flow is difficult to manage (e.g. accounts payable collection doesn’t match billing cycles for suppliers). We can’t get banks to provide our company with credit. We can’t find investors (i.e. we don’t know where to look). We can’t find investors (i.e. we know where to look but can’t get them to invest). We can’t find the right physical location we need. Other OtherI am confident that our company is making the right choices when it comes to where we spend our time and resources. We are comfortable with putting aside some tasks to focus on others. We are aware of all the options available to us and are making the right choices for at least the next year.*YesNoThe reason I answered no is (select all that apply):* We have too many things that have to be dealt with all the time to be able to pick the ‘right’ thing. There are too many new opportunities for our business and we don’t know how to pick the right one to pursue. There are too many short-term priorities to address long-term opportunities. There are different opinions on our management team on what our priorities are and we have no way to make a final decision. We can’t seem to change our employee’s behaviour to address new priority areas. Other OtherI am confident that our company understands what our customers care about and how they interact with our products/services because we talk to them regularly, include them in product development, collect data from them about their preferences and habits, and use that data to create better products and/or services.*YesNoThe reason I answered no is (select all that apply):* We don’t have the time/skill set to include our customers in our product and/or service design processes. We don’t have the time/resources to engage in new product development. We don’t need to develop new products and/or services. We don’t use customer data when creating new products and/or services. Other OtherI am confident that our company is operating in the right markets, because we enter markets based on where the best opportunity is, not where our company headquarters is or where our teams already operate out of.*YesNoThe reason I answered no is (select all that apply):* We don’t have the time/skill set to identify new markets to expand into. We think that expanding into new markets is too risky. We don’t want to move away from where we have had success. We know where we want to expand into but don’t have the staff/resources necessary to make the move. There are too many unfamiliar laws/regulations/taxes/tariffs/etc. associated with moving to a new market for it to be worthwhile. We don’t want to expand into new markets. Other OtherI am confident that our company understands the government funding landscape in Atlantic Canada and takes advantage of opportunities as required.*YesNoThe reason I answered no is (select all that apply):* We don’t have the resources (time, skill set) to devote to staying up-to-date on opportunities. It is difficult to understand what opportunities are available, from what funding body. Our staff time is better spent working on operational activities (i.e. applications take too long to complete and follow up on). We do not have the right contacts with funding bodies to ensure that our applications are successful. Other OtherI am confident that our company has the right contacts in the right industries for us to learn from, share best practices and access opportunities.*YesNoThe reason I answered no is (select all that apply):* Our management team doesn’t have time to get out and make new contacts in our industry/region. We’ve had negative experiences in the past when trying to build our network. We’re not sure about what we should be trying to get out of networking. We’re nervous about sharing company information with our network contacts. We feel alone in our industry/sector in our area (i.e. there is no one to network with) Other Other The Sobey School Business Development Centre is gathering feedback on this assessment tool. We are interested in your opinion on how to improve the tool. Please provide any suggestions you have on how to ensure we are capturing the challenges of growing a business in Atlantic Canada. Feedback FormPlease enter any comments you have about the assessment you just filled out. Please enter your email address if you would like to be entered into the free coaching package draw. Enter Email Confirm Email Please enter your email address if you would like to be contacted by a coach from the Sobey School Business Development Centre to discuss your growth opportunities/challenges. Enter Email Confirm Email This iframe contains the logic required to handle Ajax powered Gravity Forms.