• Accounting
        • Your financial statements should show a complete picture of your business, and lay the foundation to help you create a strategy for the future.
          READ MORE>

        • Tax
        • Tax returns prepared to ensure we minimize your liability and keep more of your earnings over the long term.
          READ MORE>

        • Business Advisory
        • From proper entity selection at the inception of a business to developing an exit strategy, we are here to guide you in making informed decisions that are goal driven and take into consideration the materiality of your financial situation.
          READ MORE>

        • QuickBooks
        • We maximize your QuickBooks investment by customizing the software to meet your specific needs and industry best practices.
          READ MORE>

        • Litigation Support
        • We employ strong analytical and communication skills to produce evidence that supports your position in cases of a dispute or negotiation.
          READ MORE>

        • M&A Advisory
        • Whether you are selling, acquiring or expanding, we are well equipped to ensure you respond to opportunities swiftly and with confidence.
          READ MORE>

        • SJG
        • Manufacturing & Distribution
        • Success in manufacturing and distribution hinges on your ability to manage numerous details with accuracy and foresight into how they impact current and future operations.
          READ MORE>

        • Consulting Services
        • You focus on your core competencies, customer service and strategy and we’ll keep you from getting caught off-guard by daily financial tasks or overwhelmed by growth.
          READ MORE>

        • Medical
        • Patient care is your primary concern. Providing the best clinical experience for your patients continues to get more difficult and costly. Delivery models are changing from fee for service to quality based.
          READ MORE>

        • Legal
        • Running a legal firm is a balancing act with high stakes. Your reputation hinges on your ability to support clients with responsiveness and accuracy.
          READ MORE>

        • Real Estate
        • Real estate is characterized by large material gains and losses. Every transaction has the potential to impact your accounting and tax situation.
          READ MORE>

        • Technology
        • Perhaps more than any other industry, technology companies must have an infrastructure built to scale. A culture of continuous iteration requires an ability to account for a fluctuating profit margin.
          READ MORE>

        • Professional Services
        • With a consultative, integrated approach to accounting, tax and consulting services for businesses and individuals, we work hand in hand with you to achieve your goals.
          READ MORE>

        • Renewable Energy
        • Renewable energy is an area of growing interest for businesses, as well as the advantageous tax incentives when transitioning operations to include new energy solutions. Read our series of articles to LEARN MORE.


SJG Blog

Operational Efficiencies- Part VI Measuring Results (Our Final Installment)


As we initiate our final article of this series, I want to congratulate those of you who have made a commitment to strive for operational improvement in paying attention to and completing the first four steps of our model:

  1. Creating Rules of the Game
  2. Developing a System for Capturing and Organizing Ideas
  3. Deciding and Prioritizing What Initiatives to Pursue
  4. Determining Who Owns the Process for Initiatives

The next step is to develop a methodology for measuring results. As CPAs, we love to measure everything and are extremely pleased when we can find that there is a measurable ROI (Return on Investment).

Calculating ROI is not always black and white and in order to be thorough, I’d like to encourage you to use several different ways to measure results:

  • Begin by identifying whether the initiative was complete (Y or N?)
  • Rank the success of each initiative on a Likert scale (1-10)
  • Take note of specific results that can be measured, such as time saved, money saved or additions to the bottom line
  • Also take note of results that may not have a direct financial impact or be easily quantified but are still noteworthy like implementation of process for reducing potential for errors or simply having delighted customers and/or the team

Measuring results will lead to further ideas for future initiatives or reprioritizing ideas that were previously relegated for completion in the future.

Striving for progress not perfection. Success demands taking the “Wash, Rinse, Repeat” approach to driving efficiencies as new ideas an initiatives will come up on an ongoing basis and should be considered every year in a continuous effort. Consultants embracing the Six Sigma methodology refer to this as Define-Measure-Analyze-Improve-and-Control (DMAIC). Lucky for you, with the outline we’ve provided above, you can dip into some of the value of Six Sigma methodology.


Sidebar Newsletter Signup Form

  • We will never spam you or sell your email address.
  • This field is for validation purposes and should be left unchanged.

Share This:


Subscribe to Our Newsletter

Recent Posts

Scroll to Top