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CEPA Terms - Session 1: Questions With Solutions (A+)
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CEPA Terms - Session 1: Questions With Solutions (A+)
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CEPA Terms - Session 1: Questions With Solutions (A+)What are the 5 Leadership Concepts of the Value Acceleration Methodology?
Right Ans - 5 - Value Maturity Index
4 - Intangible Capitals
3 - Legs of the Stool
2 - Concurrent Paths
1 - Goal = Value
What are the 5 stages of the Value Maturity Index (IPBHM)? Right Ans - 1.
Identify
2. Protect
3. Build
4. Harvest
5. Manage
What are the 4 Intangible Capitals? Right Ans - 1 - Human
2 - Structural
3 - Customer
4 - Social
What are the 3 legs of the stool of a successful exit strategy? Right Ans - 1 -
Personal (planning for what comes next)
2 - Financial (ensuring owner is financially prepared)
3 - Business (maximizing transferrable value)
What are the 2 concurrent paths regarding leadership in the Value
Acceleration Methodology? Right Ans - Personal and Business
What is the one goal of the Value Acceleration Methodology? Right Ans - 1
Goal = Value!
True or False - Exit Planning is good business strategy Right Ans - True!
What is exit planning? Right Ans - An exit plan asks and answers all the
business, personal, financial, legal and tax questions involved in transitioning
a privately owned business.
It includes contingencies for illness, burnout, divorce, and death.
, Its purpose is to maximize the value of the business ahead of the time of exit,
minimize taxes, and ensure the owner is able to accomplish all his or her
personal and financial goals in the process.
What are the 4 concepts of Relentless Execution (VAAR)? Right Ans -
Vision, Alignment, Accountability, Rhythm
What is the basic formula for computing strategic value? Right Ans -
Recasted EBITDA x market multiplier = Value
or
Recasted Sales x market multiplier = Value
What is the definition of Value Acceleration? Right Ans - A proven process
that focuses on value growth and aligning business, personal, and financial
goals.
What 6 things does Value Acceleration do? Right Ans - • Integrates the
three legs into one Master Plan
• Is grounded in ACTION
• Promotes use of teams in an engaging process
• Creates a roadmap to success
• Provides owner key deliverables & metrics • Creates a Leap in Value
What are the three gates of Value Acceleration Methodology? Right Ans -
Discover, Prepare, Decide
What is a Deliverable? Right Ans - • An outcome produced by an action.
• A report, meeting, workshop, event that represents the conclusion of an
assignment, step, stage, task or action.
• It represents what the client is paying for.
• It is important that the deliverable leads the client to the next stage of work.
•Therefore, it should recommend the next stage, steps, action that the client
should take, the resources needed, and tee up your next assignment.
What are "90-DAY SPRINTS" Right Ans - A continual loop of prioritizing,
executing, measuring, reconnecting, and recalibrating every 90 days.
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