Sponsored by
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Business
Performance Review Process the Secret to Trustmark's Rising
Profits
Since the start of this decade, insurance giant
Trustmark has been achieving profits two and three times higher than any
it had generated previously in its 90-year history. Paul Schuster, vice
president of Corporate Finance and treasurer, attributes this success to
a monthly business performance review process of extraordinary depth.
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CPM
Success Calls For Singular Approach
The number of improvement tools a company uses is just
as important as the actual type of tool they choose, according to
corporate performance management expert Bob Paladino. For best results,
Paladino says companies should limit themselves to just one approach.
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Simplify
Business Processes to Increase Effectiveness
According to the 80/20 Principle, detailed in a book
by Richard Koch, a minority of efforts cause a majority of results. If
so, companies are wasting a lot of time, effort, and money. To increase
effectiveness, Koch recommends simplifying all areas of business because
"waste thrives on complexity; effectiveness requires simplicity."
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Paying
for Forecast Accuracy Costs More Than You Think
As companies implement rolling forecasts to steer
their organizations, they often also begin the practice of "paying for
forecasting accuracy." While some experts advocate this approach,
budgeting guru Steve Player calls it "one of the dumbest things
management can do." Player explains why in this Big Fat Finance Blog
post.
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RESEARCH & EVENTS
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What
You Need to Know About Fixed Asset Management for Today and
2010
In this Webinar, tax professionals from Alvarez &
Marsal Taxand and BNA Software share their knowledge of some of the best
practices of fixed asset management so you can take advantage of the
opportunities available and manage your fixed assets in accordance with
company strategy.
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