Expressing Your In-plant’s Value

Using a Budget Spreadsheet

Another way of gaining an insight into the value you contribute is to create a budget spreadsheet. The spreadsheet allows you to calculate your financial contribution and evaluate changes from the previous year.

Using this method will enable you to identify changes, and permits an operation to reassess how to make the appropriate adjustments to get back to the equilibrium enjoyed in prior years. In order to put your in-plant's house in order or to set the stage for future growth, a manager needs to do this analysis. It is the foundation for all future decisions.