Category: Managing Finances

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Cost Benefit Analysis

Elements of Cost Benefit Analysis: Cost (upfront and on-going) and Benefits (increased revenue and Decreased expences) that defines the ROI Principle: Breaks down ROI to a calcualtion set of costs and benefits Issues: Exit...

Possible Measures of Performance – Effectiveness and Efficiency 0

Possible Measures of Performance – Effectiveness and Efficiency

“300 high & link” Thompson & Martin P764 P726 Elements of Possible Measures of Performance – Effectiveness and Efficiency:   Principle: Relationship between service and financial control Issues: McMahon & Perrit, 1973 Effectiveness of...

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Financial business ratios

Elements of Financial business ratios: Principle: Lists financial business ratios with abbreviation, how to calculate, usefulness and major issues. Issues: Its important to related figures to seasonal fluctuations as these can affect the figures...

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Balanced Scorecard

Elements of Balanced Scorecard: Goals & Measures of Financial, Customers, Internal Business Processes, Learning and Growth Principle: Balancing financial objectives to critical success factors as process capabilities, customer satisfaction and learning/change Issues: Kaplan &...

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Strategies for Declining Industries

Elements of Strategies for Declining Industries: Leadership Selective investment / Turnaround; Invest as appropriate to give real competitive advantage. Idea: Become one of the strongest in declining industry – low-cost or clear differentiation  ...

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Rejuvenating the mature business

Elements of Rejuvenating the mature business : Galvanize – start a recovery process Simplify and consolidate Build Exert leverage Principle: Rejuvenation is rather to be achieved in the four steps than a one-off project Issues:...

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Feasibility of recovery

Elements of Feasibility of recovery: Slatter (1984); Four types of recovery Realistically non-recoverable Initially successful retrenchment but not sustained turnaround Sustaines survival Sustained recovery Principle: In a crisis stage change is essential but might...