KMP Business Life Cycle Assessment

Seeing the signs that it’s time to pivot can be challenging.

It can feel disjointed to team members when a company operates in multiple life cycle stages.

Take the KMP Business Life Cycle Assessment to determine which stage your business is in now, and focus on what matters most in your work.

Full Name

Email *

Organization

Role

Where are the most energy and allocation of resources currently being spent? *

Just starting out, proving the product(s)/service(s)/business model

We’ve proved it sells and are creating some standards to create some consistency.

We’re developing new product(s)/service(s).

We’re working to reduce redundancies.

We’re innovating our product(s)/service(s).

We’re focused on our brand relevance to our customers/users.

What best describes the founder(s) or leadership team’s focus?

Making and selling

Minimizing spending and cutting waste

New product/service development

Consolidation of activities, building policies, playbooks/standard operating procedures. Engaging the team to innovate.

Engaging the team to innovate

Focused on customer needs and working to think ahead about what they’d want next.

Which best describes your culture?

Like a family, very informal, people wear a lot of different hats.

We hire partly based on whether someone will fit in our culture.

We’re multi-located or virtual, so we tend to operate independently; or we’re located in the same space but tend to coalesce by team (sales, engineering, tech team).

We work to schedule all-hands events when we can (or monthly).

We have an overarching core culture, but subcultures exist as well.

We have spent time identifying our mission, vision, core values with respective desired, observable behaviors. The team lives the culture in their work.

Which type of political structure best describes your business?

Entrepreneurial: Democracy or Dictatorship: individualistic and innovative

Directive: Oligarchy – a few at the top make most of the decisions

Delegative: Leadership is building the next generation of leaders.

Watchdog: Bureaucratic, people are held accountable via policy and procedures

Participative: Intentional Democracy and want all to contribute ideas and solve problems.

Collective Entrepreneurial: Holocratic, systems approach where the team is aligned, has a process for making critical decisions, and shares accountability.

Which reward structure best describes your business?

Ownership via equity with a payoff if we can prove the model

Salary with merit increases

Individual bonuses

Profit sharing and/or stock options

Team or collective bonuses

Stakeholder and shareholder (if applicable) value: Seeking win-win-win rewards outside of the organization

What outcome metrics are most suitable for your business?

Market results

Sales

Benchmark reports and profit centers

Compliance standards