Take the Test
 

MASTER BUSINESS HEALTH QUOTIENT (MBHQ)


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How good is your Business Health?
Given below are 30 statements and a rating scale against each statement.
Please rate the statements based on actual facts (quantitative assessment) and after deep thought (qualitative assessment).

Note: It is mandatory to rate every statement.
1.
You have a Vision, Mission and Strategy statement that clearly outlines your organisational aspirations.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
2.
You have clearly defined the Values and the Behaviours which are demonstrated in your work place.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
3.
You have a clear understanding of the current Economic, Business Climate and Environment, affecting you and your other stakeholders.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
4.
You are up-to-date with the current and future Technological Developments, affecting your business.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
5.
You are knowledgeable about your Key Competitors, their work, organisation and financial status.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
6.
You are up-to-date with changes in Legislation and amend your policies & work accordingly.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
7.
You have a good understanding of your existing and potential Markets and Customers.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
8.
You have a well developed system of Communication with your customers, employees, other stakeholders and influencers.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
9.
You have established process of gathering Feedback from your customers, employees and other stakeholders, and incorporating them in your work.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
10.
You have a system of Risk Analysis for your business and able to take informed risks, monitor their impact and take action when necessary.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
11.
You have a clearly defined approved Business Plan in line with your Vision, Mission and Strategy.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
12.
Your Income Sources are reliable and stable, and those at risks are identified.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
13.
You have an established system for Cost Monitoring, Cost Control and Cost Reduction.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
14.
You have a reliable and timely Management Information System (MIS), which covers all aspects of business.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
15.
You have a Performance Management System (PMS) in place for all your human resources.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
16.
Your Organisation Structure is adequate to enable you to achieve your business plans.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
17.
Your management and staff work together effectively and there is good Teamwork to deliver your Vision and Business Plans.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
18.
You have Human Resource Policies and Practices in place to ensure that your employees are motivated.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
19.
You have the right number, quality and mix of Human Resources, and their roles and responsibilities are properly defined and aligned to your Vision and Business Plans.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
20.
Your Processes and Systems enable you to operate effectively and efficiently.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
21.
You have a Safety, Health & Environment (SHE) Policy in place and is effectively implemented.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
22.
Your Location/Facilities are appropriate for your vision.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
23.
You have been able to create a Trusted Brand for your products, services and people.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
24.
You have a Quality Policy and System in place, and effectively implemented.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
25.
You have a Capital Budget, Working Capital Budget and Cash Budget in place, and you regularly monitor the budget with actual, and take necessary action.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
26.
You have no overdue Collections from customers, no overdue Payments to Lenders & Suppliers and your Inventory is within limits or benchmark.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
27.
All your Assets are generating income and there are no Idle Assets.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
28.
You and your staff are constantly researching, learning, innovating and generating ideas for new & improved products, services, processes and opportunities in a systematic way.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
29.
You earned more than last year in terms of Sales, EBIDITA and Cash.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
30.
You have a Leadership Pipeline to take care of any succession issues at all important levels.
  1.   No
  2.   YES , but you are not all happy with the situation and want to start afresh and on a clean slate
  3.   YES and you are satisfied, but you feel there is scope for improvement
  4.   YES, but you feel there is a need for an unbiased confirmation
  5.   You answer is a Confident YES and you are happy about it.
   





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