{"id":9763,"date":"2016-01-28T12:44:21","date_gmt":"2016-01-28T18:44:21","guid":{"rendered":"https:\/\/www.rocksdigital.com\/?p=9763"},"modified":"2024-11-22T11:29:08","modified_gmt":"2024-11-22T17:29:08","slug":"take-the-place-business-quiz","status":"publish","type":"post","link":"https:\/\/www.rocksdigital.com\/take-the-place-business-quiz\/","title":{"rendered":"How Is Your Business Performing? Take the P.L.A.C.E. Quiz and Find Out"},"content":{"rendered":"<figure id=\"attachment_40089\" aria-describedby=\"caption-attachment-40089\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-40089\" src=\"https:\/\/www.rocksdigital.com\/wp-content\/uploads\/2016\/01\/take-place-quiz.jpg\" alt=\"Determine How Your Business Is Performing\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.rocksdigital.com\/wp-content\/uploads\/2016\/01\/take-place-quiz.jpg 1000w, https:\/\/www.rocksdigital.com\/wp-content\/uploads\/2016\/01\/take-place-quiz-300x200.jpg 300w, https:\/\/www.rocksdigital.com\/wp-content\/uploads\/2016\/01\/take-place-quiz-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-40089\" class=\"wp-caption-text\">Image Credit \u2013 khunkornStudio\/Shutterstock.com<\/figcaption><\/figure>\n<p>Want better results? Who doesn\u2019t? Every business owner is constantly seeking ways to <a href=\"https:\/\/www.rocksdigital.com\/6-ways-to-improve-sales\/\">improve performance<\/a>, achieve their goals, and be more successful.<\/p>\n<p>From my work with hundreds of business leaders in my coaching practice and mastermind program, I have found the key to better results ultimately boils down to how well a business performs in five critical areas.\u00a0For purposes of this article, I will refer to them as the P.L.A.C.E. performance areas.<\/p>\n<h2>The Five P.L.A.C.E. Performance\u00a0Areas<\/h2>\n<ul>\n<li>People<\/li>\n<li>Leadership<\/li>\n<li>Accountability<\/li>\n<li>Culture<\/li>\n<li>Execution<\/li>\n<\/ul>\n<p>These areas are top-of-mind for most business leaders today and, if they are not, they should be. Complete the following assessment\u00a0to see how your business is doing.\u00a0If you are not a business owner, but an employee, take the quiz anyway. Identify ways you can help the company you work for to be better and compete in the workplace.<\/p>\n<p>Print out this page to take the quiz, then place a check mark next to the items you currently have in place from the list below.<\/p>\n<h2>Find Your\u00a0P.L.A.C.E. Performance Score<\/h2>\n<p><span class=\"callout\">People<\/span><br \/>\n___ A. Team members vs. employees.<br \/>\n___ B. Right people doing the right things.<br \/>\n___ C. Follow the \u2018Golden Rule\u2019 principle.<br \/>\n___ D. Embrace diversity, openness and change.<br \/>\n___ E. Create opportunities for learning and growth.<\/p>\n<p>___ People\u00a0Score<\/p>\n<p><span class=\"callout\">Leadership<\/span><br \/>\n___ A. Evident at all levels.<br \/>\n___ B. Set high standards by their example.<br \/>\n___ C. Empower others to succeed.<br \/>\n___ D. Provide support where needed.<br \/>\n___ E. Transparency in communication.<\/p>\n<p>___ Leadership Score<\/p>\n<p><span class=\"callout\">Accountability<\/span><br \/>\n___ A. Clarity of roles and responsibilities.<br \/>\n___ B. Ownership mentality \u2026 No \u2018monkey management\u2019.<br \/>\n___ C. Provide 360 degree feedback.<br \/>\n___ D. Emphasize continuous improvement and growth.<br \/>\n___ E. Maintain a results-driven focus.<\/p>\n<p>___ Accountability Score<\/p>\n<p><span class=\"callout\">Culture<\/span><br \/>\n___ A. Aligns with vision and core values.<br \/>\n___ B. Creates an environment of trust.<br \/>\n___ C. Find ways to make the work fun.<br \/>\n___ D. High employee morale and retention.<br \/>\n___ E. Encourage risk-taking, creativity and innovation.<\/p>\n<p>___ Culture Score<\/p>\n<p><span class=\"callout\">Execution<\/span><br \/>\n___ A. SMART goals in place.<br \/>\n___ B. Meet or exceed objectives.<br \/>\n___ C. Deliver on promises.<br \/>\n___ D. Customer retention is high.<br \/>\n___ E. Learn from \u201cperfect\u201d failures.<\/p>\n<p>___ Execution Score<\/p>\n<p><span class=\"callout\">_____ Total P.L.A.C.E. Performance Score<\/span><\/p>\n<p>It\u2019s time to come up with our score. Count up how many items you have selected in each performance\u00a0area\u00a0and multiple it by 4 (4 points each). Write the total score (0 to 20 points) in the blank next to each performance area. Finally, add the area\u00a0totals together to get your overall P.L.A.C.E. Performance score (0 to 100).<\/p>\n<p><span class=\"callout\">Compare your Total P.L.A.C.E Performance Score<\/span><\/p>\n<p>100 Rock Star! \u2026 What\u2019s next?<br \/>\n90-99 Excellent \u2026 Keep going!<br \/>\n80-89 Good \u2026 More work ahead.<br \/>\n70-79 Borderline \u2026 Pick up the pace!<br \/>\n&lt; 70 Biz at risk! \u2026 Take recovery action!!!<\/p>\n<p>So \u2026 How did you do? Now you have a baseline for where you\u2019re at today and should be able to identify some of the areas you\u2019ll want to focus on to improve future performance and results.<\/p>\n<p>As mentioned earlier, improved performance and better results ultimately come down to how well you do in these five critical areas. If you want to achieve greater success and outperform the competition, the formula is pretty straightforward:<\/p>\n<blockquote><p>People + Leadership + Accountability + Culture + Execution = Results<\/p><\/blockquote>\n<p>Regardless of the outcome of the P.L.A.C.E. performance assessment, there\u2019s always room for improvement. So, keep going!!! Want to take more quizzes? <a href=\"https:\/\/www.rocksdigital.com\/take-the-sales-success-iq-test\/\">Take my Sales\u00a0IQ test<\/a>.<\/p>\n<div class='tm-tweet-clear'><\/div>\n<div class='tm-click-to-tweet'>\n<div class='tm-ctt-text'><a href='https:\/\/twitter.com\/share?text=Take+the%C2%A0P.L.A.C.E.+Performance+Quiz+for+Your+%23Business+by+%40TresCoach+%23RocksDigital&#038;url=https:\/\/www.rocksdigital.com\/take-the-place-business-quiz\/' target='_blank'>Take the\u00a0P.L.A.C.E. Performance Quiz for Your #Business by @TresCoach #RocksDigital<\/a><\/div>\n<p><a href='https:\/\/twitter.com\/share?text=Take+the%C2%A0P.L.A.C.E.+Performance+Quiz+for+Your+%23Business+by+%40TresCoach+%23RocksDigital&#038;url=https:\/\/www.rocksdigital.com\/take-the-place-business-quiz\/' target='_blank' class='tm-ctt-btn'>Click To Tweet<\/a><\/p>\n<div class='tm-ctt-tip'><\/div>\n<\/div>\n<p><strong><em>What was your P.L.A.C.E. score? Share what you plan on improving!<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Want better results? Who doesn\u2019t? Every business owner is constantly seeking ways to improve performance, achieve their goals, and be more successful. From my work with hundreds of business leaders in my coaching practice and mastermind program, I have found the key to better results ultimately boils down to how well a business performs in [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":40089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[68],"tags":[419,468],"class_list":["post-9763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-development","tag-business","tag-business-development"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Is Your Business Performing? 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