Objective assessment is typically conducted through the following steps:
1. Define Clear Objectives and Metrics: Establish specific, measurable goals and the criteria for evaluating them. 2. Data Collection: Gather data from various sources such as financial statements, sales reports, customer feedback, and market analysis. 3. Analysis: Use statistical and analytical tools to interpret the collected data. 4. Benchmarking: Compare the company's performance against industry standards or competitors. 5. Reporting: Present the findings in a structured format, often through dashboards or performance reports.