Smart Questions for Your Landlord

Looking for office space? Make sure you’re getting the best deal by asking the right questions.

  • What’s my base year? If you sign a full-service lease, the landlord factors your portion of the building’s annual operating expenses–utilities, janitorial services, maintenance–into the rent. After your first, or base, year, he’s entitled to “pass through” any increases incurred in operating the building. That may come in the

[ Read more ]

Top 10 Questions for ABC/M Software Vendors

Which activity-based costing/management (ABC/M) software you choose depends on characteristics of your business; one solution isn’t right for every organization. Use the following questions to find the product that will work best for your company.

  1. Does the software offer multi-dimensional analysis — in other words, can it separate out costs by customer, product, geographical region and business channel?
  2. Can you use it to extract information

[ Read more ]

8 Questions about Your Value-Creation Strategy

Companies collect and analyze a great deal of information in order to estimate their value-creation potential. But in our experience, that information doesn’t always help them answer the most important questions when it comes to creating a detailed value-creation strategy. Below are eight questions that we believe should inform every company’s strategy to create value. If you don’t know the answers to these questions, you … [ Read more ]

Inflation Readiness Questions

CEOs should ask the following 20 questions to assess whether their organization is inflation ready in the three critical areas of pricing, procurement, and finance.

Pricing

  • Do we have dedicated resources for pricing intelligence?
  • Do we employ state-of-the-art pricing analytics?
  • Do we have short- and long-term guidelines for price setting?
  • Is inflation factored in to pricing decisions?
  • Do we have real-time information on competitors’ prices?
  • Do we continuously monitor customers’ price

[ Read more ]

10 Questions About Growth that Every CEO Should Know How to Answer

  1. What is your TSR aspiration? Is that aspiration appropriate given the expectations embedded in your stock price and the ability of your plans to deliver improved performance?
  2. How much growth do you need in order to deliver on that aspiration? What target revenue-growth rate is required in order to meet your goal given the momentum contribution of other TSR drivers?
  3. Will optimizing growth and margins

[ Read more ]

Questions About Capital Investment

Most companies incorporate five basic building blocks into their financial reporting: the two sides (active and passive) of the balance sheet including the asset register, a profit-and-loss statement, an investment plan or budget, and some form of competitive benchmarking. Recently, shareholder-value-management indicators have been added to the list. These six measures answer some basic questions:

  • How much capital do we have, what kind is it,

[ Read more ]