Security Questions to Ask

  • How many levels of security are there?
  • Is access assigned by individual, by category, or both?
  • How easy would it be for an unauthorized person to enter the system?
  • If the system has modem capabilities, how do you prevent unauthorized access?
  • Does the security system record failed attempts to access?
  • Does it lock out a modem after a predetermined number of failed attempts?
  • How are policy, customer, and transaction notes

… [ Read more ]

High-level IT Questions to Ask

  1. Are we building the right set of market-driving capabilities? The right market-driving capabilities are those in which excellence yields a sustainable competitive advantage and allows the leaders to drive the market. Recognize that often it is as challenging to determine which core competencies the corporation must have as it is to develop and build them.
  2. Are we delivering I.T. services at the right level of

… [ Read more ]

Questions to Help Build an Effective M&A Organization

To tailor the design of a best-in-class M&A function, companies should answer five critical questions:

  1. What is the M&A function’s role in the company? Does it reactively support ad-hoc decisions or proactively shape corporate strategy?
  2. What expected value and volume of deals do we need to realize in the next three to five years?
  3. Do we want to concentrate expertise on the M&A team or spread it

… [ Read more ]

Checklist (Questions) for Annual Planning Process

Approach

  • What style of annual planning is right for our company?
  • Where are we drawing external inspiration from?
  • How are we tailoring it to our business model and stage?
  • Is there anything we explicitly don’t want to do, because it’s not a fit or we don’t agree with it?

Vision

  • How far forward are we looking?
  • How are we balancing a big vision with what we can practically do in

… [ Read more ]

Assessing the Customer Business Issues

Look at the customer requirement and ask searching questions about why the customer will buy from a business point of view. Here is a checklist.

  • What is the customer’s business objective for this campaign?
  • What critical success factors declared by the customer does this campaign address?
  • What benefits both tangible and intangible will the customer derive form a successful implementation?
  • What are the rough costs of all the

… [ Read more ]

Some Questions to Answer in Defining Sales Architecture

  1. How many different sales forces should we have?
  2. How should they be structured and staffed?
  3. What degree of specialization is needed?
  4. What is the appropriate mix of in-house and outsourced activities?
  5. What resource levels should be dedicated to each sales force?
  6. What determines the boundaries between the sales forces?

6 Questions to Test Your Company’s Operational Resilience

Preparation for a crisis is just as crucial as the response. We recommend that leaders start with their organization’s people, processes, and technology. Here are six essential questions for leaders to ask as they evaluate the operational resilience of this triad:

  1. Are we sufficiently prepared for problems when they arise?
  2. Are there clear roles and responsibilities for business continuity?
  3. What are our risks involving automated software updates?
  4. Are

… [ Read more ]

7 Questions to Ask for a Successful Compensation Strategy

Here are the things to think through when you are building a compensation strategy.

  1. What Is Your Compensation Philosophy? Start with your compensation philosophy. Identify the principles and practices your organization uses to make compensation decisions:
    • Do you generally make offers at the midpoint of the market rate for that role, or is it usually higher or lower? Why?
    • What are the important considerations for how

… [ Read more ]

Designing a Leadership Development Process (Questions to Ask)

Here are some crucial things to think about when designing a leadership development process:

  • Is it on-going or a one-time training event? Leadership development, just like personal development, is a process and cannot be accomplished in one sitting.
  • Have you identified what your leaders must know and be able to do in order to be effective? A list of targeted skills and/or abilities (those popular competencies)

… [ Read more ]

Ecosystem Questions

Ecosystems and ecosystem thinking are the lens through which you should view important decisions about your value proposition, as well as about how to capture and deliver value. Below are questions you should ask. 

Value Proposition

  • Will ecosystems change where we should compete?
  • What unmet customer needs will be most promising?
  • What new customer segments might we serve?    

Value Capture

  • How can we benefit from value pool shifts?
  • Which costs will drive

… [ Read more ]