This is termed ‘Business Reengineering’.
What is Business Reengineering?
Business Reengineering usually means eliminating activities or processes which are not adding value. In some cases, they will be substituted with better […]
In the changing commercial landscape, delaying indepth business reviews until the end of […]
Recent studies (cited by McKinsey) claim that workers are leaving jobs at much higher rates than normal. Some say that one-quarter of US workers are preparing to look for new employment opportunities. The number may be greater (up to 40%) in […]
What is scenario planning?
A scenario is what we think might happen in the future based on certain assumptions. For example, we may ASSUME it will rain tomorrow and […]
A resilient business is one with sufficient funds for operations and growth, now and in the future.
Managing cash flow is crucial, especially in a tough business environment. And it’s not just a financial, accounting or ‘modelling’ […]
We hope you’re managing and working your way through what has been one of the most challenging times from an economic and also from a social point of view certainly in our lifetime.
As we consider this new financial year despite the challenges we have been […]
Staying Current in Changing Times
Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs […]