COMPETITION is the core of business success. Finding effective competitive strategy while in search for a favorable long-term competitive position for industry is aimed at establishing and maintaining a profitable position against the forces determining competition.

The intensity of competition is a natural business aspect, and failure to position a business at a sufficient level of competitiveness is neither a matter of coincidence nor bad luck. It is rooted in industry's underlying economic structure and goes beyond the behavior of current competitors. It should be the subject of a thorough analysis if one is willing to improve and maintain the required business level.

FIT, which is short for "Financial Improvement Toolkit", is the PC software product developed for those managers who want to establish their own Strategic Management Assistant and Adviser.

WHAT IS FIT?

• FIT is a simple strategic performance software.
• FIT presents 23 standard key performance indicators (KPI) for the analysis, such as added value, investment, marketing, sales per employee and others.
• FIT calculates relevant indicators based on an income statement and annual balance sheets.
• FIT uses available accounting data.
• FIT is a user-friendly, simple in application and self-teaching software. Through viewing and manipulating the data in the sample database provided in the software, one is able to learn more about the software itself as well as about its benefits.
• FIT presents the position of the company as well as the trends over time through comparison of KPIs for several passed years and can be used based on actual results or planned data.
• FIT in combination with other components of UNIDO PHAROS software suite assists entrepreneurs and consultants in analysis of options for complying to the international standard BASEL II.

Please see also: www.win2biz.com/unido_sw/eng/fit.htm