by Russell Cummings | Jul 30, 2010 | Business Tips
What are the Cash Drivers in your Business? There 3 primary cash drivers in any business and 3 secondary drivers. The primary drivers are responsible for the overall amount of cash that you generate. The secondary drivers are responsible for the amount that you have...
by Russell Cummings | Jul 2, 2010 | Business Tips
What is your strategy, again? Or You’re selling “what”? One of the key problems with this current financial crisis is that much of the problem has been created because of flawed strategies. For example: one of the first regional banks to crash in the...
by Russell Cummings | Jul 1, 2010 | Business Tips
If nothing else, the current crisis has clearly underlined the global nature of our economy. We are now, more than ever, influenced by the actions and reactions of our international partners. The flow-on effects of the sub-prime mortgage fallout in the United States...
by Russell Cummings | Jun 16, 2010 | Business Tips, Process Improvement
What is Lean Production? The best way to describe this innovative production system is to contrast it with craft production and mass production. Craft production uses highly skilled workers and simple but flexible tools to make exactly what the consumer asks for, one...