To most companies, big or small, "audit" is associated with the financial organisation of their business. Does it comply with current regulations? Is it run optimally? In other words do the key processes for measuring a company's performance work properly?
But what about the people who make that performance happen? All too often, companies don't review their management effectiveness in the same way they do their financial systems. They should.
Using highly experienced business executives, Mitchells Search & Selection can offer its clients a management audit. Broader in scope than the financial audit, the management audit will evaluate managerial efficiency and point to areas where improvement is required if the organisation is to meet its goals. The audit will include:
- organisation structure
- alignment between company strategy and management goals
- appraisal and reward systems
A full report will detail the areas of concern and suggest remedial action to be taken.