A Business Health Check

How this Activity Review works

The Business Health Check is a one–page Activity Review. In a quiet moment, you work through a set of activity areas and tick the boxes where extra emphasis in the near term would create substantial new value for your business. Use the “Your Notes” sections to jot down ideas, priorities and possible action steps.

It is not a long diagnostic report. It is a simple way to step back from day-to-day noise, see the whole organisation at once and decide where to focus your limited time, money and attention.

Key activity areas to review

The checklist groups activities into several major themes. As you read each section, ask: “If we lifted our game here over the next 3–6 months, how much value would that create?”

• Finance: profitability, funding and banking, tax and accounting, cash management, ATO compliance and dashboard development.
• Planning: strategic planning, business planning and structures, succession and exit planning.
• Alliances: mergers and acquisitions, business integration, joint ventures, structural alliances and product alliances.
• Top line: marketing, social network marketing, e-business, revenue growth and sales, branding and sales training.
• People: performance measurement, recruitment and remuneration, performance management, “right person, right job” profiling, coaching and leadership development.
• Productivity & operations: asset management, carbon tax, transport and logistics, supply chain, cost recovery and pricing, research and development, procurement, process improvement and project management.
• Risk: key risk-related activities and exposures that could impact your organisation’s resilience.

Turning review into action

As you tick boxes and capture notes, look for themes. Where do multiple issues cluster — cash management, people capability, operations, or something else? Highlight a small number of near-term priorities and sketch some first action steps for each.

Because everything fits on a single page, it is easy to share with your board, leadership team or adviser and use it as the basis for a focused conversation about “what we do next”.

How MyCash Dashboard supports your health check

Several of the Activity Review areas — especially finance, cash management and dashboard development — are directly supported by MyCash Dashboard. By feeding your data into a single, clear view, MyCash helps you:

• See your cash and profitability position at a glance.
• Track whether the actions you agree from the health check are actually improving your numbers.
• Give boards and leaders a live dashboard that complements this one-page review.

When you can see both the narrative (via the Activity Review) and the numbers (via MyCash Dashboard), it becomes much easier to execute strategies and deliver projects that work in the real world.