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Growth Audit

The world's newest way for organisation Growth

Growth Audit is the newest step-by-step  process that enables efficient and implementable organisation growth.

The aim of Growth Audit is to facilitate management discussion on key topics related to strategy, growth, resources and prioritization.

The audit gives you an opportunity to ask questions and uncover potential issues. 

The process suits companies regardless of size, industry or geographic origin. 

Why Growth Audit? 

This audit will help owners to know the business expansion and how a business should grow and in which direction it should grow.

Strategy + Process management = Growth Success & loss reduction

 

It will help you to get a clearer understanding of: 

1. Where your business is currently and where it is going,

2. What different tools you need for growth.

3. Where you can reduce tangible & intangible cost.

4. Your strengths, weaknesses, opportunities and vulnerabilities. 

 

It is designed to be a fairly short exercise which will give you an opportunity to take a step back and reflect on the business as a whole, by asking questions like:

1. How to analyse customer in a better way?

2. If we can reduce our tangible & intangible cost by 10%

3. If we get 20% more orders over the next few months, do we have systems in place to support our teams? 

4 . How can we check existing & new employees have the training required? 

5. If we opened a new office / factory in the next quarter, how could we ensure consistency? 

6. How to manage marketing, purchase, production, maintenance, store, quality assurance, dispatch and other process in the factory?

7. What is organisation knowledge as strength?

8. What is best way of communication?

How  ZQI do Growth Audit?

1. With Zenith Quality you can realise the Truth of Transformation.

2. We Drive Excellence & Inspire Innovation.

3. Real Challenges, Real People & Real impact.

How do we do Implementation?

We refer international standards like ISO 9001, IATF 16949, ISO 45001, ISO 50001, ISO 14001, ISO 22000, ISO 13485, ISO 14971, ISO 21001, ISO 26000, ISO 31000, ISO 22301, ISO 34700, ISO 27001, NABH, NABL, SA 8000, CE Mark, BIFMA, RDW, SEDEX-SMETA, Ayush Mark, FSSC 22000, GMP, BRC, SQF, IFS, IndiaGHP. IndiaHACCP, USDA, VEGAN, BIO SUISSE, BAC, ProTerra, Bon Sucro, HACCP, TACCP, VACCP, HALAL, Kosher and many more during implementation.

We will unlock a lot of information by talking with your key stakeholders.

We would recommend having conversations about context of the organisation with your: 

1. Leadership or Top Management 

2. Customers 

3. Marketing & Business promotion team

4. Purchase team

5. Production team & maintenance

6. Services team 

7. Technical team

8. Quality Team

9. HR team

We will ask questions about where the business is going, what are the risks for business, what makes your business unique, where there are gaps, what different tools are used and opportunities to grow.

However, it reminds us that when doing qualitative research, keep in mind that as humans, we tend to do a few things: 

overestimate probability of success,

inflate the impact of a success,

when successful, we assume we know what made it successful.

After you have gathered quantative & qualitative information, we go for implementation.

How can ZQI help during Growth Audit? (Support)

1. ZQI Growth Auditor has been developed by leading academics and consultants with a vast experience in growth strategy issues. Growth Auditor is being used by companies ranging from startups to large multinational stock-listed companies. A key value  of the Growth Auditor is benchmarking of companies' results, allowing it to track performance both against peers and its own development over a longer period of time. 

2. ZQI has team of Experts, Assessors, Trainers & Consultants who will make this process simple, less time taking: support and guide your business towards Growth.

3. Our experienced assessors will help and improve its systems, offering training and support where necessary.

4. All standards are designed to be generic, so can flex around the organisation – our assessors are there to help you identify what is relevant for your business, whatever its size or turnover.

5. We strive to make growth audit as simple as possible for our clients. 

5. With a flexible approach, we work with your business to make the process of growth as painless and yet as beneficial as possible.  

6. Our role is to support and guide your business during growth audit. We will look at your business needs and existing systems and advice you on what is right in growth audit for your business.  

What does Growth Audit report cover?

Market Drivers & Challenges

  • The report includes the major findings factors impacting the revenue scale and details about the surging demand for the product from the major geographies.

  • The report also comprises benefits & loss which must be analysed to handle market challenges.

Unveiling the competitive spectrum of Audit

  • This report covers the latest national & International practices followed. This will help the company to reduce latest trends prevalent in the market as well as the challenges that prominent industry contenders would have to face while consolidating their stance across this business space.

  • The report presents a gist of the manufacturer base and different area according to the players involved.

  • The details of every manufacturer including a basic outline of the firm, and the product developed by the company have been mentioned.

  • The report further covered Marketing tactics.

 Strategies

  • The report enlists the numerous strategies that industry contenders have undertaken in order to successfully market the product.

  • The study is inclusive of the growth rate of the company

Sample Audit Report Finding of XYZ company

Sl

Process/

Department

 

Findings

Benefit/Loss

1.

Marketing

 

 

 

 

 

A

No proper system for Customer Perception monitoring for better customer satisfaction is evidenced.

 

This will result in poor customer satisfaction. Loss is customer order by 1% to 10%.

B

 

 

C

 

 

D

 

 

E

 

 

Likewise we will cover all process like Top Management, Business Promotion, Purchase, Supplier development, Production, Maintenance, Quality Assurance, Inventory Management, HR, Training, Internal Audit, Dispatch, Innovation, KAIZEN, Poke Yoke, Lean Management and many more.