Yearly Archives: 2016

Measuring Business Performance

Posted on September 28, 2016 in Blog ,Business Process Improvement ,Improve Profitability by

This is a guest post from David McNutt, Parter at Navigate Management Consulting Getting a solid handle on the performance of your business isn’t easy.  End of the month reports don’t help much because they just look backwards.  Effective managers need to know much more current information to make decisions that will drive business success forward. A Key Performance Indicator (KPI) is any measure that is significant in understanding how the business is performing and it can be used in many different functions and levels: […]

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How Accurate is Your Data?

Posted on July 15, 2016 in Change Management ,Improve Profitability ,Q360 by

“Across our 10 branch offices, last quarter sales are up 7%, on average.” This statement tells you exactly nothing. But it sure sounds like good news in a management meeting. The problem is that seldom does anyone ask the right follow-up question. It turns out that four of the offices each saw their sales double, while the other six offices are struggling, or even trending decreases in sales. That is the nuance of what’s really happening, and it is an actionable piece of information – […]

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Achieve ERP ROI by Establishing Clear Metrics Early On

Posted on October 7, 2013 in Blog ,Change Management ,Q360 by

Knowing what to measure and asking the right questions before you begin your ERP deployment will guarantee your organization reaps the tangible and intangible benefits that will improve your bottom line. Many organizations erroneously decide the return on investment for their ERP implementation is negligible because they’ve fallen prey to the common pitfalls that stymie ROI during the deployment phase. But there is plenty of potential for both tangible and intangible benefits that will significantly impact the business, as long as you establish metrics early […]

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Terrified of Implementing New Software in Your Integration Business?

Posted on November 28, 2012 in Blog ,Business Process Improvement ,Change Management by

Implementing new software, or a root canal? If you asked a technology integration business owner whether they would rather have a root canal performed or implement new software in their business, they’d likely opt for the root canal. The thought of reviewing options and then literally, turning operations on its ear to put in a new system is overwhelming at best; fraught with risk at worst. Many business owners will agree that the point of reviewing operations to see what can be streamlined and improved […]

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Gaining an Edge: Don’t Tolerate Slow Financial Processes

Posted on July 13, 2012 in Blog ,Improve Profitability ,Q360 by

++Referenced from Big Fat Finance Blog++ Mary Driscoll December 20th, 2010 The never-ending pursuit of cost reduction in financial management operations is all well and good — but do not overlook the negative impacts of slow process cycle times. APQC research conducted during the fourth quarter of 2010 points to renewed enthusiasm among CFOs and controllers for investing in financial process improvement, with another round of cost elimination being the primary goal. Particularly in the area of accounts payable, we see large organizations taking steps […]

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