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Operational Analysis: Aligning Overall Performance with Strategic Planning

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
Operational analysis is conducted in order to understand and develop operational processes that contribute to overall performance and the furthering of company strategy.

Ideally, a thorough operational analysis should seek to examine a number of functional areas including strategic planning, customer and business results, financial performance, and quality of innovation. The objective of this process should principally be to reassess existing processes and determine how objectives might be better met and how costs could be saved.

This CFO Edge article looks at steps involved in conducting operational analysis along with goals and benefits of doing so. Areas addressed include creating a timeline, assembling resources, collecting data, and performing the gap analysis.

Operational analysis is an important part of a business’s self-assessment. Los Angeles executives who feel that their businesses are not equipped to perform the task internally may want to consider contracting with a CFO services provider. Such a service will have the resources and expertise to look closely at your business, provide an objective assessment, and recommend corrective action.

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