Operational Due Diligence Checklist

This task is crucial in determining the subject entity that will undergo operational due diligence. It sets the foundation for the entire process by identifying the target organization. The desired result is a clear understanding of the subject entity and its importance in the due diligence process. The information gathered here will be used throughout the workflow to evaluate the company's operational aspects. What is the name of the subject entity?

To conduct a thorough operational due diligence, it is essential to gather important documents related to the subject entity. These documents include company structure charts, governance documents, policies, and any other relevant materials. This task plays a critical role in providing the necessary information to evaluate the subject entity effectively. What important documents have been collected?

Effective due diligence requires direct communication with key personnel within the subject entity. This task involves conducting interviews to gather valuable insights and understand the organization from an operational perspective. The information collected will assist in evaluating the subject entity's overall operational effectiveness. Who are the key personnel scheduled for interviews?

This task aims to explore the operational effectiveness and efficiency of the subject entity. It involves analyzing processes, procedures, and workflows to identify strengths and areas for improvement. The desired result is a clear understanding of how the subject entity operates and whether its operations align with industry best practices. What observations have been made regarding the operational effectiveness and efficiency?

The internal control system of an organization is crucial for identifying and mitigating operational risks. This task involves evaluating the subject entity's internal control system to ensure it is robust and effective. Inadequate internal controls can lead to significant risks and potential operational failures. What is the assessment of the company's internal control system?

Strategic planning and risk management are fundamental aspects of any successful business. This task involves evaluating the subject entity's strategic planning process and risk management practices. It aims to assess whether the organization has a well-defined strategy and effective risk mitigation measures in place. What is the evaluation of the strategic planning and risk management process of the business?

Compliance with laws and regulations is crucial for any organization. This task involves investigating the subject entity's adherence to relevant laws and regulations. It aims to ensure that the organization operates within legal boundaries and mitigates any regulatory risks. What is the investigation result regarding the entity's adherence to relevant laws and regulations?

A comprehensive financial analysis is an essential part of operational due diligence. This task involves conducting a thorough review of the subject entity's financial statements, analyzing key financial ratios, and preparing a budget. The goal is to assess the financial health and stability of the organization. What is the outcome of the financial analysis and budget preparations?

Performance indicators and business continuity plans are crucial elements for ensuring organizational success and resilience. This task involves checking the subject entity's performance indicators and assessing the effectiveness of its business continuity plan. It aims to determine whether the organization has set measurable goals and has a robust plan in place for unexpected disruptions. What are the key performance indicators and business continuity plan evaluation results?

The effective use and management of information technology play a vital role in modern businesses. This task involves inspecting the subject entity's use and management of Information Technology (IT). It aims to assess the organization's IT infrastructure, data management practices, cybersecurity measures, and IT governance. What are the findings regarding the entity's use and management of Information Technology?

Procurement processes and vendor management practices can significantly impact an organization's operational efficiency and cost-effectiveness. This task involves evaluating the subject entity's procurement processes and vendor management practices. It aims to ensure that the organization follows transparent and efficient procurement procedures and effectively manages its relationships with vendors. How would you evaluate the procurement processes and vendor management practices?

Efficient management of property and assets is crucial for organizational success. This task involves checking the subject entity's property and asset management practices. It aims to assess how the organization maintains and utilizes its physical assets. What observations have been made regarding the entity's property and asset management practices?

Human resources policies are essential for maintaining an engaged and productive workforce. This task involves reviewing the subject entity's human resources policies, including hiring, training, performance management, and employee benefits. It aims to assess whether the organization has comprehensive and effective HR policies in place. What is the review result of the business's human resources policies?

Strong relationships with clients and stakeholders are vital for a successful business. This task involves assessing the subject entity's clients and stakeholder relations and satisfaction. It aims to evaluate whether the organization effectively manages relationships with key stakeholders and ensures high levels of client satisfaction. How would you assess the clients and stakeholder relations and satisfaction?

Promoting health, safety, and environmental practices is essential for organizational sustainability and social responsibility. This task involves evaluating the subject entity's health, safety, and environmental practices. It aims to assess whether the organization complies with relevant regulations and takes proactive measures to ensure the well-being of its employees and minimize its environmental impact. What is the evaluation of the health, safety, and environmental practices?

Effective crisis management and disaster recovery planning are critical for organizations to respond to unforeseen events. This task involves examining the subject entity's crisis management and disaster recovery planning. It aims to assess whether the organization has a robust strategy and processes in place to mitigate and recover from potential crises and disasters. What are the findings regarding the firm's crisis management and disaster recovery planning?

This task marks the completion of the operational due diligence process. It involves compiling all the information, findings, and evaluations into a comprehensive report. The report should summarize the due diligence process, highlight key observations, identify risks and opportunities, and provide recommendations for improvement. The final operational due diligence report is a crucial deliverable that provides valuable insights to stakeholders. Who will be responsible for preparing the final operational due diligence report?