Self-evaluation is always worthwhile. It does not have to be completed too often because you do not want to run into paralysis by analysis, but it is a good idea to take a look inward every so often. The same goes for your company. When your business reaches a large size, it becomes difficult to manage with the varying personalities, management styles and opinions. Organizational Assessments can be conducted in conjunction with your human resources department, or you can hire a third party to give their assessment and perspective.
Here are three areas that are looked at during an assessment for organizations.
Mission
When a company sets up its mission statement, it is expecting certain beliefs to be true. Times change, though. So do consumers and the economy. Once you have been in operation for a few years, examining the original mission as well as vision and strategy, is a good idea. You can figure out if you are still on the path. If you company is not, you can figure out why that is. If you want to be, you can formulate steps to get back to the mission. If you have pivoted and you are OK with it, how do you move forward?
Leadership
If you own your company, and you are the final decision-maker, it is a good idea to assess how you are doing in that role. If you have managers on levels below you, it is also worthwhile examining how they are doing. How staff and employees respond to leadership is important.
Systems
Organizational Assessments give you the opportunity to evaluate your systems. You can figure out if your processes are still operating optimally, or if they need to be altered. There is plenty of technology and software that can be incorporated for efficiency purposes.