PERFORMANCE MANAGEMENT EXPLAINED

PERFORMANCE MANAGEMENT EXPLAINED

IMPORTANCE Performance Management measures the efficiency of the business and financial systems of a company. It also serves to enlighten possible areas of concern that may be detrimental to the organization’s smooth operation and financial profitability. Without...
WHAT IS BUSINESS INTELLIGENCE (BI), AND HOW HELPFUL IS IT?

WHAT IS BUSINESS INTELLIGENCE (BI), AND HOW HELPFUL IS IT?

We live in a new Era We live in an era where speed and efficiency are the most desirable characteristics. The ability to obtain data, manipulate it, and develop actionable steps based on the information collected determines the secret to achieving these two factors....
GROWTH MANAGEMENT EXPLAINED

GROWTH MANAGEMENT EXPLAINED

IMPORTANCE Growth Management is the process in place to ensure that the company’s market value increases on a consistent basis. The following key tenets will ensure growth on a long-term basis: 1. Identify the major sources of Stress or Failure Determine the real...
FINANCIAL ANALYSIS EXPLAINED

FINANCIAL ANALYSIS EXPLAINED

IMPORTANCEThe financial analysis enables the decision-maker to review the financial information of the company and make the best decisions. It should be unacceptable to manage any operation or project without fully understanding your financial position.Many leaders...
5 THINGS YOU CAN DO TO PREVENT BUSINESS BANKRUPTCY

5 THINGS YOU CAN DO TO PREVENT BUSINESS BANKRUPTCY

Hope is Not LostYou may have decided that the only choice you have left is to file bankruptcy, terminate your employees, and lose the business you have worked so hard to build. Note: Most businesses start considering bankruptcy because: They can no longer meet their...