Operational Profitability

Operational Profitability
Author: Robert M. Torok
Publisher: John Wiley & Sons
Total Pages: 331
Release: 2002-10-15
Genre: Business & Economics
ISBN: 0471273538

Add value to services and increase revenue while giving your clients more of what they need Operational Profitability, Second Edition explains in complete detail how to conduct a management audit that will give clients the essential information they need in today's fiercely competitive marketplace. At the same time, it enables CPA firms and CEOs to expand their range of services, strengthen business relationships, and increase profits. This newly updated and revised Second Edition walks you through all the steps of a management audit and explains: The basic techniques of the management audit, what it involves, how to set it up, and how to establish a clear set of organizational goals How to rethink and rebuild an organization from the bottom up How to use a full range of analytical tools for identifying problem areas throughout the company How to assess the way a firm manages inventory, purchasing, production planning, and operations How to evaluate and reduce operating costs Praise for the First Edition of Operational Profitability... "A great operating manual for general managers and vice presidents . . . A complete how-to program." —William Hoban, CEO, Green Bay Drop Forge, Green Bay, Wisconsin "The most complete profitability program I've seen. The examples and checklists are excellent. It has saved my clients millions." —Chuck Wadowski, CEO, TMQ Consultants, Detroit, Michigan "[An] outstanding reference source for the modern manager; very impressive." —Arnold Bradburd, CEO, Interstate Steel Company, Philadelphia, Pennsylvania "[Operational Profitability] provides valuable data on operational efficiency and additional service opportunity beyond the usual audit . . . [It] provides the basis of helpful recommendations [and] provides much useful reading guidance for the performance of a management audit." —Alexander A. H. Bohtling, CPA, CPA Journal

Examining Green Human Resources Management and Nascent Entrepreneurship

Examining Green Human Resources Management and Nascent Entrepreneurship
Author: Tunio, Muhammad Nawaz
Publisher: IGI Global
Total Pages: 642
Release: 2024-10-22
Genre: Business & Economics
ISBN:

Human factors play a large role in the environmental effectiveness of organizational and entrepreneurial sustainability. Emphasis on green human resource management (HRM) has resulted in the development of green practices which are both environmentally and socially sustainable, resulting in increased company stakeholder value. Companies that explore sustainable entrepreneurship that is also ecologically responsible may apply proactive strategies towards ecological sustainability, guided by their management goals. Further research is necessary to redefine green HRM while examining the benefits of sustainable goals on organizational activities. Examining Green Human Resources Management and Nascent Entrepreneurship explores the impact of organizations which practice environmental sustainability in human resources, with emphasis on the importance of sustainable development in business. It addresses the concept of green human resource management for businesses and entrepreneurs that want to be environmentally conscious. This book covers topics such as consumer science, digital technology, and entrepreneurship, and is a useful resource for managers, business owners, human resources professionals, economists, academicians, scientists, and researchers.

The Little Book of Valuation

The Little Book of Valuation
Author: Aswath Damodaran
Publisher: John Wiley & Sons
Total Pages: 269
Release: 2011-03-29
Genre: Business & Economics
ISBN: 1118064143

An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash flow valuation and multiples or relative valuation to some elements of real option valuation. Includes case studies and examples that will help build your valuation skills Written by Aswath Damodaran, one of today's most respected valuation experts Includes an accompanying iPhone application (iVal) that makes the lessons of the book immediately useable Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports.

Managing Retail Productivity and Profitability

Managing Retail Productivity and Profitability
Author: Dominic Laffy
Publisher: Springer
Total Pages: 308
Release: 2016-07-27
Genre: Business & Economics
ISBN: 1349246212

Managing productivity and profitability in retailing has taken on a particular role since the onset of the recession of the late 1980s. Productivity can be improved simply by rationalising low performing stores, merchandise ranges and by reducing the number of suppliers and employees. However, this is not necessarily a long term solution. The purpose of this text is to propose a means by which a more proactive approach may be taken to improving both productivity and profitability. The book develops a model based upon management ratios typically used in retailing businesses for planning and control purposes. The model encourages the use of existing performance data to evaluate overall company productivity and profitability together with performance characteristics of individual functions. An additional feature of the approach is the facility to explore the impact of changes to the retail offer suggested by customer research responses. To facilitate the use of the concepts and the model used, a disk is also available, containing the application of the model to a number of the case studies and a facility for the user to input their own data.

Operational Sustainability in the Mining Industry

Operational Sustainability in the Mining Industry
Author: Hassan Qudrat-Ullah
Publisher: Springer Nature
Total Pages: 173
Release: 2020-11-05
Genre: Business & Economics
ISBN: 9811590273

This book broadly explains the requirement to focus on core components in a business and provides a case study of open-pit mining operations throughout the book to understand the management perspective of large organizations. With globalized approaches of large businesses and the rising requirement of understanding the needs of modern organizations, it is necessary to focus on key areas of businesses to ensure sustainability of operations. Organizations look into achieving a high return on investments and short-term measures in increasing sales or revenue is considered unsuitable. It is a necessity to look for sustainability and continuous methods of innovation to boost efficiency. This book provides a case study based on large organizations and uses qualitative methodologies where data was collected using in-depth interviews of respondents from various mining companies in the top and middle-level management from different parts of the world, detailing the state of the art of information systems currently used in large scale open-pit miming (LSOPM). This book provides a sound knowledge of cutting-edge factors to the reader for managing the business to attain operational excellence and long-term sustainability, and caters to a broad spectrum of management and technical readers.

Profit Shifting and Tax Base Erosion

Profit Shifting and Tax Base Erosion
Author: Danuše Nerudová
Publisher: Springer Nature
Total Pages: 227
Release: 2021-07-14
Genre: Business & Economics
ISBN: 3030749622

This book provides a comprehensive analysis of current techniques for profit shifting and tax base erosion in the area of corporate taxation and measurement. Firstly, it explains the relevance of the issue at hand – profit shifting and base erosion in the context of the 21st century. In turn, the book provides a comprehensive analysis of available techniques for the identification and measurement of profit shifting and base erosion, which adopt both the macro and micro perspective. It also provides examples from selected post-communist countries now in the EU, including the Czech Republic, Poland and Hungary. Concrete recommendations for economic policy round out the coverage.

Critical Financial Review

Critical Financial Review
Author: Kenny Tay
Publisher: Partridge Publishing Singapore
Total Pages: 170
Release: 2017-06-24
Genre: Business & Economics
ISBN: 1482882302

This book is about financial information that every one of us receives from time to time in the course of our work, business, or as investors in corporate securities, such as shares and bonds. Financial information about a company and its activities is necessary for us to make judgments and decisions regarding financing, investments, and take appropriate management actions. In particular, it is written to complement credit executives with limited accounting experiences or knowledge and who have credit and lending responsibilities. I have written this book using my personal experiences as a financial skills training facilitator for over twenty years, and the comments of many of my course participants have given me the encouragement to organize my thoughts and views on financial information analysis and my approach in developing understanding of corporate financial numbers, particularly for people from non-financial backgrounds like engineers and lawyers. I hope this book can be of assistance to the people similar to those audiences I have been speaking to during my various training workshops on the subject.

Optimizing Back Office Operations

Optimizing Back Office Operations
Author: Zahid Khalid
Publisher: Wiley
Total Pages: 208
Release: 2010-02-12
Genre: Business & Economics
ISBN: 0470603941

According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.

Speed-Based Target Profit

Speed-Based Target Profit
Author: Alin Posteucă
Publisher: CRC Press
Total Pages: 209
Release: 2020-11-19
Genre: Business & Economics
ISBN: 1000224562

Profitable production planning is and will remain an eternal challenge to ensuring the prosperity and dignity of companies in a global market. Even though there are different approaches to achieving the target profitability through productivity in the production planning stage, these approaches do not guarantee consistent planning, creation, and sustenance of synchronous profitable operations for multiannual and annual target profit. In feedback to this predicament, Alin Posteucă develops a new system called speed-based target profit (SBTP). SBTP is the profitable production management and manufacturing improvement system that approaches production planning to achieve unit speed of target profit for target products through manufacturing cost improvement and bottleneck profitability control for maximum takt time. Managers and practitioners within manufacturing companies will discover a practical approach for cost down and cash up by applying a powerful operational profitable production planning formula to meet profitability expectations through productivity based on strong leadership with the help of a specific system for feedforward, concurrent, and feedback control. Therefore, the SBTP system in this book presents a holistic approach to profitability for target products and the development of its own mechanism since the acceptance of each order from customers to achieve continuous synchronization of all manufacturing processes to market requirements, profitability management, and profitable production planning. The uniqueness of the book is reinforced by a detailed presentation of the successful application of the SBTP system in two case studies, as a way of life and a unit speed of target profit improvement ethos at all hierarchical levels, in two multinational manufacturing companies operating in highly competitive markets in order to address the synchronous profitable operations for both the sales increase scenario and the sales decrease scenario. By adopting the SBTP system, your company will be able to consistently achieve unit speed of target profit in the bottleneck process for fulfilling annual and multiannual target profit as a unique and effective way through a new profitable production planning paradigm that operates according to its own production system.