“PSM provided a clear structure and process and worked closely with our team to develop a winning strategy and realise new business opportunities” C.E.O. leading Brazilian consumer electronics company

Quick Health Check

Please answer the following questions honestly about your organisation by clicking the radio buttons. Based on your response, the output from this questionnaire will list the most urgent actions you should be taking now to ensure survival and recovery. This questionnaire does not constitute PSM's full professional advice, however - for that please contact us via info@psmconsulting.co.uk.

    Not Really Vaguely To Some Extent Yes, got that totally under control
1 Do you have an explicit and agreed approach to ensure you can weather the downturn?
2 Is your sales team pursuing all possible avenues to win additional business without sacrificing value unnecessarily?
3 Do you have a clear plan to reach a specified fixed cost base by the end of 2009?
4 Have you comprehensively explored ways for reducing the variable cost of your product or service?
5 Have you done what is necessary to be ready to take advantage of the upturn when the recovery sets in, and beat competition?
6 Do all functions know their role - and their target - to improve liquidity?
7 Do your senior managers know the company's break-even point and the fixed/variable cost mix?
8 Have you put in place communications to staff about how you are approaching the downturn?
9 Have you been able to use any spare capacity as effectively as possible, whether it is towards implementing efficiency improvements speedily, or towards making changes to the business to prepare it for the post-recession world?