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Inventory Management - Good Practices And Benefits
By :
Ske Chay
Efficiency in effective inventory management will always give a competitive edge to the business, regardless of its nature.
Goals & Priorities are a Must for your Organization
By :
Pj Germain
Our goals provide our direction. Until we have established our goals much of our activity is pointless. Without goals, we have no reason to organize, ourselves and our time because we are not going anywhere in particular.
The Graphic Design Creative Process
By :
Craig Bullock
In regards to the graphic design creative process, the relationship between client and designer is rather delicate, where success relies upon strong communication and understanding.
Cost Control Is An Important Antidote in Corporate Turnaround
By :
Mike Teng
Unnecessary cost is always your Number One enemy. You must attack every cost item, justify and challenge it.
Know When to Exit, Do Not Be the Living Dead
By :
Mike Teng
Is it worth the pain and effort? Do you want to keep it going by throwing good money to chase after bad money? Therefore one needs to ask whether one's company is worth more dead than alive?
The Key To Successful Corporate Turnaround Is Early Detection
By :
Mike Teng
Early detection of business problems is vital to sustaining a company's growth, manage the crisis effectively and to contain the economic distress. Business problems rarely occur suddenly.
Prevention, Early Diagnosis, Proper Treatment - Three Steps to Corporate Turnaround
By :
Mike Teng
As the adage goes: Prevention is better than cure. In medical practice, prevention of the disease before its onset is better than giving medication when it is already malignant or full-blown. Getting it right early is much better than subsequent expensive treatments.
Cash is Oxygen During the Restructuring Process
By :
Mike Teng
Though cash is not everything, its level of importance is the same as oxygen. Without it, you will certainly perish.
Myths in Transformation and Turnaround
By :
Mike Teng
Welcome to the real business world where troubled businesses abound. Distressed business owners and executives need to understand turnarounds and transformations in order to face the challenges in this competitive global market.
Litigation Can Put You Out Of Business In A Heartbeat
By :
Mike Teng
Many companies underestimate the potential gravity of getting into litigious situations. Lawsuits, especially in cases where one does not have strong legal legs to stand on, are potential minefields for disaster.
Company is Already Bleeding Badly When the Financials are Red
By :
Mike Teng
There are many important imperatives and factors which are not quantified or measurable by the traditional accounting system.
There Is A Strong Parallel Between Physical And Fiscal Health
By :
Mike Teng
There is a strong parallel between corporations and medical science. Companies fall sick just as people do. Contrary to the common view, a company is not an inanimate object.
Acquisition Binge can Cause Indigestion
By :
Mike Teng
The adage still holds true, 'Do not bite more than you can chew'.It can become toxic for the company if they go into acquisition binge.
Clone Your Successes by Planning your Succession
By :
Mike Teng
Many once successful companies have failed because of poor succession planning. Many entrepreneurs want their children to succeed them and take over the reins in their businesses
When the Company is Sick, Call the Corporate Turnaround Expert
By :
Mike Teng
Many troubled companies make the fatal mistake of not approaching the right professional for help. Many try to get out of their conundrum using the internal management. Others rely on their lawyers, auditors, etc. These troubled businesses need to bring in turnaround experts and specialists.
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