Growth Tools
Quickly Uncover Growth Opportunities
using Your Existing Metrics
This powerful tool compares your business metrics to the industry average and tells you the strategies to improve them.
Overview
Your business metrics say a lot about the health of your business. Like with any metric, you cannot tell if it is good or bad unless you compare it to something. When you compare your metric to that of others who are similar, you gain valuable information knowing if you have room to improve and grow.
This tool will help you quickly find growth opportunities you can implement right now. It will compare the business metric you enter with the industry average in your specific industry segment. No need to lookup any benchmarks or spend hours researching ways to improve your metric if a gap exists. All the work is done for you.
Simply enter one of your current business metrics and related information, then sit back while we assess if a growth opportunity likely exists and the best strategies to improve the metric. We have done the heavy lifting so you can become the hero without spending valuable time and resources. Give the tool a try and discover your opportunities!
Instructions
There are 4 actions that need to take place for your opportunities to appear.
-
Select a business metric from the dropdown menu.
We continue to add metrics so if you do not see one of interest, be sure to come back at a later date. -
Select a segment that applies best to you.
Related segments will populate in the dropdown menu once a metric is selected. Select the one that is most relevant to you. -
Enter the value of your business metric.
The format will appear next to the label “Value” as soon as you enter a metric. For example, if the format says “percent” then the tool assumes the number you enter will be a percent (80 will be assumed to be 80%). Simply type a number into the box or use the arrows to increment numbers up or down. - Click “Discover” to see what opportunities exist for you.
Output
Once you click “Discover” you will be directed to a results page showing the parameters you entered, the industry average for the segment, the difference between the two numbers and potential for improvement or growth. We also include the strategies to pursue, with descriptions for each, to start the growth process.
Next Steps
Sift through the strategies listed and determine which of them your company does and does not currently follow. Make a list of those your company does not follow and assess the time and effort required for each so you can quickly prioritize them. Start implementing those that require very little time or resources first.
We Want Your Feedback
Please tell us what you think (good or bad). Was this tool of any value to you? Click feedback and let us know your thoughts.
