David Scott

How to maintain profitability when the future is uncertain

How to maintain profitability when the future is uncertain

In this post, we’re discussing how achieving operational excellence can help you de-risk and ensure greater security and maintain profitability when the future is uncertain. There are many factors that can affect profitability but for the purpose of this article we’ll focus on a typical scenario where income generation is reduced and controlling costs becomes …

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operational excellence

What is operational excellence and why it matters

There are many definitions of operational excellence some extremely broad and others incredibly focused. With so many definitions it can be difficult to understand what operational excellence means and how it translates into practical actions. Rather than dissect and discuss differing definitions the purpose of this post is to define what operational excellence means when …

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How you can reduce cost but not limit growth in the new year

How you can reduce cost but not limit growth in the new year

A big challenge facing many CEO’s for next year will be how to reduce costs but not limit growth. Growth typically means maximising shareholder value and that means growing the business through increased sales, revenues, margins and profits. However each one of these ‘growth factors’ comes with an ever increasing cost base. With more sales …

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Do you need to reduce operating costs and improve profitability for next year?

Do you need to reduce operating costs and improve profitability for next year?

Financial Review With the year drawing to a close, CEO’s and CFO’s across the globe will be reviewing their financials. The result for many will be a need to reduce operating costs and improve profitability for next year. Businesses face rising costs from many different factors, new regulations, changes in technology or a devalued product …

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Getting your technology budget balanced – how to limit spend but increase value

Getting your technology budget balanced – how to limit spend but increase value

Limiting spending but increasing the value software generates is the holy grail for every IT director. However, it’s becoming increasingly difficult as the demands placed on technology and the number of potential IT solutions grows. These days software solutions have to improve efficiency, offer flexibility and deliver innovation enabling a business to be more effective …

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Work Management Software

The essential features of effective back office optimisation software

Increasingly businesses are realising that optimising their back office operations is crucial to success. Workforce management software has become integral to achieving back office optimisation, and there are now numerous software solutions that manage workflow and drive performance improvement. With multiple software providers on the market, it can be challenging to know which vendor offers …

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