What is involved in Extraordinary Productivity
Find out what the related areas are that Extraordinary Productivity connects with, associates with, correlates with or affects, and which require thought, deliberation, analysis, review and discussion. This unique checklist stands out in a sense that it is not per-se designed to give answers, but to engage the reader and lay out a Extraordinary Productivity thinking-frame.
How far is your company on its Extraordinary Productivity journey?
Take this short survey to gauge your organization’s progress toward Extraordinary Productivity leadership. Learn your strongest and weakest areas, and what you can do now to create a strategy that delivers results.
To address the criteria in this checklist for your organization, extensive selected resources are provided for sources of further research and information.
Start the Checklist
Below you will find a quick checklist designed to help you think about which Extraordinary Productivity related domains to cover and 92 essential critical questions to check off in that domain.
The following domains are covered:
Extraordinary Productivity, Anwar Shaikh, Cost of goods sold, Earnings before interest, taxes, depreciation, and amortization, Earnings before interest and taxes, Earnings before taxes, Economic Value Added, Economic rent, Economic value, Eugen Schmalenbach, Gross profit, Gross sales, Ludwig von Mises, Market production, Net income, Net profit, Net sales, Operating expense, Operating profit, Political economy, Profit model, Profit motive, Profitability index, Rate of profit, Rate of return, Retained earnings, Return on assets, Return on equity:
Extraordinary Productivity Critical Criteria:
Be clear about Extraordinary Productivity tasks and acquire concise Extraordinary Productivity education.
– Who will be responsible for making the decisions to include or exclude requested changes once Extraordinary Productivity is underway?
– Think about the functions involved in your Extraordinary Productivity project. what processes flow from these functions?
– Do we monitor the Extraordinary Productivity decisions made and fine tune them as they evolve?
Anwar Shaikh Critical Criteria:
Drive Anwar Shaikh goals and get going.
– Think about the people you identified for your Extraordinary Productivity project and the project responsibilities you would assign to them. what kind of training do you think they would need to perform these responsibilities effectively?
– Who will be responsible for documenting the Extraordinary Productivity requirements in detail?
Cost of goods sold Critical Criteria:
Consider Cost of goods sold governance and assess what counts with Cost of goods sold that we are not counting.
– Do the Extraordinary Productivity decisions we make today help people and the planet tomorrow?
– Who needs to know about Extraordinary Productivity ?
– What threat is Extraordinary Productivity addressing?
Earnings before interest, taxes, depreciation, and amortization Critical Criteria:
Inquire about Earnings before interest, taxes, depreciation, and amortization engagements and catalog what business benefits will Earnings before interest, taxes, depreciation, and amortization goals deliver if achieved.
– How do we make it meaningful in connecting Extraordinary Productivity with what users do day-to-day?
– Does Extraordinary Productivity appropriately measure and monitor risk?
– Why are Extraordinary Productivity skills important?
Earnings before interest and taxes Critical Criteria:
Grasp Earnings before interest and taxes strategies and point out Earnings before interest and taxes tensions in leadership.
– In a project to restructure Extraordinary Productivity outcomes, which stakeholders would you involve?
– Is Extraordinary Productivity Realistic, or are you setting yourself up for failure?
– Do we all define Extraordinary Productivity in the same way?
Earnings before taxes Critical Criteria:
Set goals for Earnings before taxes issues and find out.
– What vendors make products that address the Extraordinary Productivity needs?
– What are the short and long-term Extraordinary Productivity goals?
– How will you measure your Extraordinary Productivity effectiveness?
Economic Value Added Critical Criteria:
Judge Economic Value Added decisions and find out what it really means.
– In the case of a Extraordinary Productivity project, the criteria for the audit derive from implementation objectives. an audit of a Extraordinary Productivity project involves assessing whether the recommendations outlined for implementation have been met. in other words, can we track that any Extraordinary Productivity project is implemented as planned, and is it working?
– What other organizational variables, such as reward systems or communication systems, affect the performance of this Extraordinary Productivity process?
Economic rent Critical Criteria:
Look at Economic rent visions and give examples utilizing a core of simple Economic rent skills.
– Which customers cant participate in our Extraordinary Productivity domain because they lack skills, wealth, or convenient access to existing solutions?
– How can we incorporate support to ensure safe and effective use of Extraordinary Productivity into the services that we provide?
– Is the scope of Extraordinary Productivity defined?
Economic value Critical Criteria:
Familiarize yourself with Economic value projects and assess and formulate effective operational and Economic value strategies.
– Are there any easy-to-implement alternatives to Extraordinary Productivity? Sometimes other solutions are available that do not require the cost implications of a full-blown project?
– Does Extraordinary Productivity systematically track and analyze outcomes for accountability and quality improvement?
– How to Secure Extraordinary Productivity?
Eugen Schmalenbach Critical Criteria:
Generalize Eugen Schmalenbach quality and finalize specific methods for Eugen Schmalenbach acceptance.
– Is maximizing Extraordinary Productivity protection the same as minimizing Extraordinary Productivity loss?
– What is Effective Extraordinary Productivity?
– Are there Extraordinary Productivity Models?
Gross profit Critical Criteria:
Recall Gross profit failures and find answers.
– What are the key elements of your Extraordinary Productivity performance improvement system, including your evaluation, organizational learning, and innovation processes?
– For your Extraordinary Productivity project, identify and describe the business environment. is there more than one layer to the business environment?
– Is gross profit holding?
Gross sales Critical Criteria:
Interpolate Gross sales tactics and do something to it.
– How likely is the current Extraordinary Productivity plan to come in on schedule or on budget?
Ludwig von Mises Critical Criteria:
Discuss Ludwig von Mises management and question.
– Do Extraordinary Productivity rules make a reasonable demand on a users capabilities?
– What are the Key enablers to make this Extraordinary Productivity move?
Market production Critical Criteria:
Brainstorm over Market production tasks and grade techniques for implementing Market production controls.
– How important is Extraordinary Productivity to the user organizations mission?
– What are specific Extraordinary Productivity Rules to follow?
Net income Critical Criteria:
Exchange ideas about Net income tasks and simulate teachings and consultations on quality process improvement of Net income.
– What will be the consequences to the business (financial, reputation etc) if Extraordinary Productivity does not go ahead or fails to deliver the objectives?
– What are the disruptive Extraordinary Productivity technologies that enable our organization to radically change our business processes?
– If depreciation is an expense, why is it added back to an investments net income to compute the net cash flow from that investment?
– How do we ensure that implementations of Extraordinary Productivity products are done in a way that ensures safety?
Net profit Critical Criteria:
Bootstrap Net profit planning and handle a jump-start course to Net profit.
– Consider your own Extraordinary Productivity project. what types of organizational problems do you think might be causing or affecting your problem, based on the work done so far?
– Do we aggressively reward and promote the people who have the biggest impact on creating excellent Extraordinary Productivity services/products?
– How do we go about Comparing Extraordinary Productivity approaches/solutions?
Net sales Critical Criteria:
Demonstrate Net sales management and interpret which customers can’t participate in Net sales because they lack skills.
– At what point will vulnerability assessments be performed once Extraordinary Productivity is put into production (e.g., ongoing Risk Management after implementation)?
– Will Extraordinary Productivity deliverables need to be tested and, if so, by whom?
Operating expense Critical Criteria:
Have a session on Operating expense visions and look in other fields.
– Why should we adopt a Extraordinary Productivity framework?
Operating profit Critical Criteria:
Depict Operating profit tactics and document what potential Operating profit megatrends could make our business model obsolete.
– Think about the kind of project structure that would be appropriate for your Extraordinary Productivity project. should it be formal and complex, or can it be less formal and relatively simple?
– To what extent does management recognize Extraordinary Productivity as a tool to increase the results?
Political economy Critical Criteria:
Deliberate Political economy failures and use obstacles to break out of ruts.
– Where do ideas that reach policy makers and planners as proposals for Extraordinary Productivity strengthening and reform actually originate?
Profit model Critical Criteria:
Ventilate your thoughts about Profit model visions and overcome Profit model skills and management ineffectiveness.
– Will new equipment/products be required to facilitate Extraordinary Productivity delivery for example is new software needed?
– Meeting the challenge: are missed Extraordinary Productivity opportunities costing us money?
– What are our Extraordinary Productivity Processes?
Profit motive Critical Criteria:
Track Profit motive outcomes and question.
– What knowledge, skills and characteristics mark a good Extraordinary Productivity project manager?
– What sources do you use to gather information for a Extraordinary Productivity study?
– Profit motive or altruism?
Profitability index Critical Criteria:
Air ideas re Profitability index quality and spearhead techniques for implementing Profitability index.
– What are all of our Extraordinary Productivity domains and what do they do?
– How can skill-level changes improve Extraordinary Productivity?
– What are current Extraordinary Productivity Paradigms?
Rate of profit Critical Criteria:
Experiment with Rate of profit governance and stake your claim.
– A compounding model resolution with available relevant data can often provide insight towards a solution methodology; which Extraordinary Productivity models, tools and techniques are necessary?
– Which individuals, teams or departments will be involved in Extraordinary Productivity?
Rate of return Critical Criteria:
Probe Rate of return projects and pioneer acquisition of Rate of return systems.
– Do we cover the five essential competencies-Communication, Collaboration,Innovation, Adaptability, and Leadership that improve an organizations ability to leverage the new Extraordinary Productivity in a volatile global economy?
– Why should managers set the required rate of return higher than the rate at which money can be borrowed when making a typical capital budgeting decision?
– When using the net present value method, how does one know whether the true rate of return is greater or less than the discount rate?
– When using the time adjusted rate of return method, how does one know when the true rate of return has been found?
– Do several people in different organizational units assist with the Extraordinary Productivity process?
– What is the source of the strategies for Extraordinary Productivity strengthening and reform?
– Is the true rate of return greater than or less than the discount rate?
– What is Internal Rate of Return (IRR)?
Retained earnings Critical Criteria:
Demonstrate Retained earnings quality and get out your magnifying glass.
– what is the best design framework for Extraordinary Productivity organization now that, in a post industrial-age if the top-down, command and control model is no longer relevant?
– Have you identified your Extraordinary Productivity key performance indicators?
– What is the definition of retained earnings?
Return on assets Critical Criteria:
Have a session on Return on assets strategies and gather Return on assets models .
– Can we do Extraordinary Productivity without complex (expensive) analysis?
Return on equity Critical Criteria:
Collaborate on Return on equity quality and don’t overlook the obvious.
– What are your current levels and trends in key measures or indicators of Extraordinary Productivity product and process performance that are important to and directly serve your customers? how do these results compare with the performance of your competitors and other organizations with similar offerings?
– What is the total cost related to deploying Extraordinary Productivity, including any consulting or professional services?
– What is the formula for return on equity?
– What is Return on Equity?
This quick readiness checklist is a selected resource to help you move forward. Learn more about how to achieve comprehensive insights with the Extraordinary Productivity Self Assessment:
Author: Gerard Blokdijk
CEO at The Art of Service | http://theartofservice.com
Gerard is the CEO at The Art of Service. He has been providing information technology insights, talks, tools and products to organizations in a wide range of industries for over 25 years. Gerard is a widely recognized and respected information expert. Gerard founded The Art of Service consulting business in 2000. Gerard has authored numerous published books to date.
To address the criteria in this checklist, these selected resources are provided for sources of further research and information:
Extraordinary Productivity External links:
5 Hacks for Extraordinary Productivity – …
The 5 Choices to Extraordinary Productivity – Book
The 5 Choices to Extraordinary Productivity – FranklinCovey
Anwar Shaikh External links:
Anwar Shaikh (@shaikhecon) | Twitter
Anwar Shaikh (@anwar0206) | Twitter
Capitalism – Anwar Shaikh – Oxford University Press
Cost of goods sold External links:
What is the cost of goods sold? | AccountingCoach
What is Cost of Goods Sold? – Paychex
Cost of goods sold — AccountingTools
Earnings before taxes External links:
Earnings before taxes (EBT) Definition – NASDAQ.com
Economic Value Added External links:
Economic Value Added – EVA – Investopedia
Economic Value Added – EVA – Investopedia
Economic Value Added EVA – YouTube
Economic rent External links:
Economic Rent Flashcards | Quizlet
Economic Rent | Definition of Economic Rent by Merriam-Webster
Economic rent financial definition of economic rent
Economic value External links:
The Economic Value of College Majors – CEW Georgetown
Economic Value Added – EVA – Investopedia
Economic Value Definition | Investopedia
Eugen Schmalenbach External links:
Eugen Schmalenbach Teil 1 – YouTube
Eugen Schmalenbach | Article about Eugen Schmalenbach …
Gross profit External links:
Gross Profit – Investopedia
Gross Profit Margin Ratio Analysis • The Strategic CFO
Gross Profit Margin = Gross Profit/Sales – Investopedia
Gross sales External links:
Viagra Gross Sales | BestPrice – eqhwusa.us.com
Does gross sales include taxes? – Quora
Gross Sales vs. Gross Receipts | Chron.com
Ludwig von Mises External links:
Ludwig von Mises | Mises Institute
The Ludwig von Mises Centre | For Property and Freedom
Ludwig von Mises | American economist | Britannica.com
Market production External links:
Modified Starch Market Production Forecast Sectors …
Net income External links:
For business net-income: Net income equals gross income less cost of goods sold, expenses, and taxes.
Net profit External links:
Net Profit Margin – Formula and Calculator
Municipal Net Profit Tax
Gross Profit Vs. Net Profit | Chron.com
Net sales External links:
Net sales is equal to gross sales less the cost of sales returns, allowances, and discounts.
Operating expense External links:
Operating expense financial definition of operating expense
What are operating expenses? | AccountingCoach
Operating Expense – Investopedia
Operating profit External links:
How to Calculate the Operating Profit Margin | Chron.com
Operating Profit – Investopedia
First Shift: GM posts record Q4 operating profit
Political economy External links:
Political Economy – Investopedia
HOME | Department of Political Economy and Moral Science
Political economy | Britannica.com
Profit model External links:
[PDF]profit models – Georgia State University
Strategic Profit Model Flashcards | Quizlet
9 Ways to Improve Your Business Profit Model | Inc.com
Profit motive External links:
Profit Motive Flashcards | Quizlet
Profit Motive | Definition of Profit Motive by Merriam-Webster
Profitability index External links:
Profitability index calculation using Excel – YouTube
Profitability Index – Investopedia
Profitability Index Method Formula • The Strategic CFO
Rate of return External links:
Modified Internal Rate Of Return – MIRR
Internal Rate of Return Calculator | IRR & NPV Calculator
Rate Of Return Calculator | Calculators by CalcXML
Retained earnings External links:
Owner’s Equity vs. Retained Earnings – The Balance
How to Calculate Retained Earnings: 10 Steps (with Pictures)
Return on assets External links:
How to Calculate Return on Assets (ROA) – The Balance
Return On Assets (ROA) Ratio Formula | Example | Analysis
ROE vs ROA | Return on Equity vs Return on Assets
Return on equity External links:
Return on Equity (ROE): The NASDAQ Dozen – NASDAQ.com
Return on Equity (ROE) and Income Statement Analysis
Return On Equity – ROE – investopedia.com