Photo credit; Laughlin Elkind on Flickr
New Zealand’s business growth centre The Icehouse has unveiled an online tool meant to help small businesses better gauge their performance.
The impetus behind creating the tool was to answer the question of what it means to be a Business of International Quality (BIQ), says Dr Lisbeth Jacobs, Icehouse’s director of strategy and development.
“What we’ve found is that success is not just about operating internationally, it’s about being of a certain quality,” Jacobs said.
The Icehouse worked with Professor Darl Kolb at The University of Auckland to create the online BIQ Barometer tool.
In less than an hour, businesses can have a personalised report detailing how they perform in six key areas as well as highlighting areas for further development.
- Leadership,
- Offering,
- Market,
- Processes,
- Governance, and
- Capital.
By answering the simple questions across each of the areas, businesses have instant access to a tailored and personalised report.
The Icehouse expects more than 500 New Zealand small and medium sized businesses will complete the self-assessment tool this year.
The full BIQ barometer tool costs $249 or a one dimension analysis can be obtained at no charge.
To use the BIQ barometer, click here.
To read more about this story, click here.
