Diagnostic

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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Why your existing team can’t deliver and sustain change

Why your existing team can’t deliver and sustain change

Continual improvement has to be a major goal of any successful organisation. But it can be an elusive and highly challenging objective. Many organisations have internal change teams responsible for driving improvement, yet these individuals usually reside in project management or within the project program office. So their fundamental flaw is that they do not …

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Where does transforming operations fit into my 100 day plan?

Where does transforming operations fit into my 100 day plan?

100-day plans are typically focused on delivering new business, growing revenues and improving profitability. So it’s no surprise that they usually have a strong focus on sales and marketing, but how much consideration is placed on the operation areas? Given it’s your operation that underpins the promises made by sales and marketing, It is your …

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How to identify operational problems that you don’t even know exist

How to identify operational problems that you don’t even know exist

This succinct post will give you some key questions to ask about your operation aimed at helping you uncover problems that may not be immediately apparent. This is a complex subject and has many interdependent factors but the answers to these questions should get you thinking about the potential opportunity to be capitalised on. This …

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How to get financial backing for operational improvement

How to get financial backing for operational improvement

Reduced operating cost Greater business capacity Improved efficiency Stricter compliance Enhanced customer experience Improved staff morale Each of these benefits brings a positive commercial impact, and together, they deliver a boost to overall organisational capability that far outweighs the sums of the parts. But getting sign-off on the investment to deliver operational improvements isn’t always straightforward, …

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5 ways you can gain operational clarity and reveal opportunity

5 ways you can gain operational clarity and reveal opportunity

At the heart of every successful company there lies an efficient, well-run operations centre that minimises waste, invests in value-added activities, and is tightly focused on satisfying customer requirements. Ultimately, it is your operations that underpin and fulfil the promises made by your sales and marketing activity to your customers. Understanding operational underperformance Your operations …

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Are you frustrated with inherited problems from your predecessor?

Are you frustrated with inherited problems from your predecessor?

Every new CEO faces the challenge of inherited problems left behind by their predecessor. It’s just part of the job, but knowing this doesn’t ease the frustration. One of the most common challenges facing new CEOs is managing the aftermath of a change programme that was implemented to remove cost from the business as its …

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5 Tips To Transform Operational Challenges Into Opportunities

5 Tips To Transform Operational Challenges Into Opportunities

There can be countless factors impacting upon an organisation’s operational performance. Yet typically, if you can identify and solve the 5 biggest issues, you’ll see a startling improvement in productivity and service quality. The 5 most common and most damaging operational challenges 1. Lack of defined measurements 2. Lack of clear management processes 3. Poor …

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