10squared Business Assessment and Performance Scorecard by Howitt & Co
The 10squared tool utilizes a mixture of relevant and critical financial, industry and management consulting disciplines, to achieve a comprehensive and automated method for evaluating businesses against industry and geographical benchmarks.
10squared was developed and used extensively over the last ten years by a specialist investment banking organisation as part of its overall business assessment process. The tool uses gap analysis techniques to identify and analyse the strengths and weaknesses of enterprises.
10squared is unique in that the assessment score generated uses an automatic three tiered weighting system and incorporates detailed online guidance. Each of the one hundred defined elements assessed is automatically weighted according to the business stage selected, whilst at the same time, the total weighted score of each of the ten defined categories is referenced to industry benchmarks. This approach facilitates greater accuracy and consistency of evaluation than traditional methods.
The scoring system and descriptors were developed over a five year period by a team of industry experts, using some 1800 actual assessments of organisations.