Operations

Strategy

COVID-19 Aftermath: Moving Beyond Quick Fixes to Sustainable Value Creation

What else can companies do to help drive their businesses' short-term cash flows and fund their long-term ambitions?

Gregory W. Schooley
July 28, 2020
Growth Strategies

Finance During the Crisis: Five Lessons from CFOs

Boards and management teams, along with CFOs, now see the importance of an adaptable, agile finance function that operates in near-real time.
Strategy

Making the CFO the Chief Profitability Officer

"The most important issue facing most managers in this difficult economy is making more money from the existing business without costly new initiatives. "
Operations

Don’t Try to Improve Weak Areas; Outsource Them

Many companies are ill-advised to run their own warehouses and logistics. Hiring a 3PL provider may be a great option.
Strategy

Why Isn’t Your Transformation Showing Up in the Bottom Line?

Transformation success rates vary widely. Finance can make a big difference by articulating and validating the link between transformation and value.
Fraud

DOJ Plans Heightened Scrutiny of Government Contractors

The new "Procurement Collusion Strike Force" aims to root out antitrust crimes like bid-rigging and price-fixing in the procurement of government contracts.
Financial Planning & Analysis

Why Procurement Savings Get Lost in Translation

Create a "closed-loop" system so that business unit leaders don't eat up all the savings before corporate leaders can decide what to do with the gains.
Operations

The Soft Benefits of Truck Fleet Upgrades

While acquiring newer-model trucks produces significant hard savings, several other advantages sweeten the deal considerably.
Operations

Want to Go “Lean”? First, Understand What It Means

Lean is more than a buzzword. Because the common understanding of lean is incomplete, it's been unjustly dismissed and criticized.
The Economy

Operations Leaders Are Pessimistic on Recession

More so than other executives, COOs and supply chain leaders expect an economic downturn, causing significant harm to the business, within 18 months.
Cost Management

Fast and Easy G&A Cuts Won’t Cut It in the Next Downturn

Following the last recession, functional leaders learned the hard way that it can take years to recover from deep cost reductions.
Risk Management

Calculate the Real Cost of Catastrophe

To protect against threats to corporate value, many companies rely too heavily on insurance coverage.
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