Philip Walcoff - "The Fast Forward MBA in Business Planning for ...

Philip Walcoff - "The Fast Forward MBA in Business Planning for Growth"Figure 4.4Percentages of companies raising major finance andadministration issues.system requires upgrading; this is hurting our financial position and not effectively providing ourcorporate management and operating organizations with timely and accurate financial information."2. Costs out of control (45 percent). "Our overhead is too high; we need to take better control of ourcosts."3. Lack budgets and rates (30 percent). "We need to develop budgets and rates and a system to trackthem."4. Not investing in our growth (30 percent). "We're not investing in our growth; we need to make aninvestment (perhaps raise capital) for space, equipment, automation, facilities, staff, technology,marketing, and so on."After defining your finance and administration issues in Exercise 7, define approaches to eliminatethese issues in Exercise 8. Table 4.4 presents suggestions for dealing with these four finance andadministration issues.Page 54file:///C|/Documents and Settings/gasanova/Local Settin...Forward_MBA_in_Business_Planning_for_Growth/e-book.html (69 of 219)16.02.2005 13:54:23