SMM Growth Benchmarking Assessment
Catalyst Connection and the Pennsylvania Industrial Resource Center network completed a large study on 800 SMM (Small Medium Manufacturers) manufacturers that identified the critical success factors of those companies that have experienced superior top and bottom-line growth over a three to five year period. Please complete the following survey to determine your readiness for growth.
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1.0 Global Trade (select one)
U.S only
Import only
Export only
Both import and export
2.0 Financial Trends (check all that apply)
Revenues have increased over the past 3-5 years
Profits have increased over the past 3-5 years
Overall is a stronger competitive position than 3-5 years ago
3.0 Organizational Culture (check all that apply)
React to industry or market changes quickly
Evolve based on what we learn from customers or competitors
Share information throughout firm
4.0 Strategic Planning (check all that apply)
Have a strategic plan
Validate the plan using external sources
Monitor your industry and issue a written report atleast annually
5.0 Information Selling (check all that apply)
Share financial or production metrics with all employees
Share customer satisfaction data
Have a CRM system or centralized customer database
6.0 New Products (select one) Note: Truly new products or services, not line extensions.
1-2 (over the last three years)
3 or more (over the last three years)
7.0 Training & Development (check all that apply)
Employee training budget has stayed the same or increased over the past 3-5 years
Have a formal annual formal personnel evaluation process
Formal personnel evaluation frequency is greater than once a year
8.0 Have licensed technology at least once over the past three years
Yes
No
9.0 Have been involved in a merger or acquisition of our company over the past three years
Yes
No
10.0 Are Sustainability or ESG goals a part of your company's long-range strategic plan?
Yes
No
For a more in-depth analysis of your firm's growth potential, please contact Lou Musante: lmusante@catalystconnection.org
Total Readiness Score (out of 115)
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