Intelligent cost-cutting
Article Abstract:
An effective cost-cutting measure results in a reduced staff and stronger firm capable of handling any business challenge. The inception of such a measure involves four steps. The first step requires defining goals for each department and linking them with the overall goals of the company. The second entails identifying the responsibilities of the company and the resources needed to accomplish them. The third calls for the deletion of redundant functions and the miximum utilization of the remaining activities. The fourth necessitates the determination of the implementation scheme components and the tools to be used to measure performance and feedback.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
Preparing for your next acquisition
Article Abstract:
The success of an acquisition may depend on a host of factors, but it is primarily hinged on the selection of highly skilled individuals to form a team. Ideally, the team should compose of a financial adviser, a legal consultant, an auditor and other company representatives. However, it is necessary for an acquisition criteria to be drawn up and roles and responsibilities to be defined to avoid confusion within the team. Lastly, a focused integration plan will make the execution of an acquisition more efficient and effective.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Trial by treasury
Article Abstract:
Treasury officials face numerous challenges in the fast-changing business environment. Foremost among these is the globalization of industry, which has led to the use of new treasury products developed for companies with international operations. Other important issues facing treasury officials are the growing use of electronic data interchange technology and the need to continually develop new skills that could improve their effectiveness.
Publication Name: CA Magazine
Subject: Business
ISSN: 0317-6878
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Online intelligence. The mouse that roared
- Abstracts: Segment reporting to the capital market in the presence of a competitor. Accounting earnings announcements, institutional investor concentration, and common stock returns
- Abstracts: The future development of auditing. Of juggernaut drivers and hapless rabbits. Blueprint for an effective audit committee
- Abstracts: Relationship between limb movement speed and associated contraction of the trunk muscles. Evaluation of impact loading in overhead work using a bolt pistol support
- Abstracts: Derivation of theoretical Ecu yields. What causes mean reversion in corporate bond index spreads? The impact of survival