by billc | Mar 13, 2009 | Financial, Production & Operations
Actual expenses below budget How lucky if it is obviously being careful with expenditures. (a) However, if it is about over-forecasting expenses, then forecasting has to be improved. (b) Or if it is about a mysterious result, the cause of it has to be investigated....
by billc | Mar 11, 2009 | Production & Operations
Poor preventative maintenance (a) Without responsible preventative maintenance of your production equipment or your processes, things will quickly fall into disrepair. An un-cared-for garden quickly blooms its weeds. (b) As well, many companies have introduced too...
by billc | Mar 5, 2009 | Financial, Production & Operations
Inflexible accounting procedures Sometime accountants ‘dictate’ how the financial statements should appear. This should never be so; the CEO must demand the information needed, in the form necessary to run the company. Problem Depth...
by billc | Mar 2, 2009 | Communications & Information Flow, Production & Operations, Strategy, Structure & Organization
Changing priorities too frequently (a) Usually indicative of a seat-of-the pants operation, it frustrates good staff. (b) In a larger firm, frequent changes can occur because no formal system of prioritization is in place. (c) Or, a manager is not behaving...
by billc | Feb 19, 2009 | Financial, Management, Accountability & Responsibility, Production & Operations
Too many of the projects we start, fail This is a crisis, suggestive of an underlying malaise that has to be dealt with quickly. Problem Depth...
by billc | Feb 14, 2009 | Production & Operations, Sales, Marketing & Clients
Computers and Internet are under-utilized (a) The power of new technology can be priceless, making its purchase price an inestimable bargain in most cases. (b) Yet technology is not a panacea. It cannot replace the importance of face-to-face individual exchanges. (c)...