You know the risks that your company runs with an ineffective management?

Few entrepreneurs realize the risks they face when running your business is ineffective and even less notice when she needs more efficiently. Usually deficiencies in the management of a company are only questioned at the time that lights the red light and revenues mainly housing. But it is okay to be aware well before that.

In an increasingly globalized and competitive environment, managers need to act directly on several prospects for your business: strategy, marketing, people, finance, marketing, competition, economics, etc. Because of this need for ubiquity, often the management of the most basic key business processes can be set aside.

It is always good to remember that hardly stumbled large stones. It is the little that make us fall, so you need to pay attention to the tasks of day-to-day. In this sense, it is recommended to do a special check on the processes necessary for the operation of the company.

These generally involve purchases, sales, warehousing, payments, receipts, treasury, production and services. This check is the ideal time to compare the practices being adopted, compared to best market practices. Moreover, the attention to detail may lead to discoveries of simple procedures that should be working and are not generating losses.

Perhaps your company has already received billet charge related to an expense not recorded by an internal fault. Or the company may have got a special negotiation with a supplier, only by a failure to invoice and the collection did not consider the negotiated discount. There are other examples: products can come in different quantities or negotiated specifications; and cash closings and reconciliation of accounts may not have been properly made. In practice there are several recurring situations where the deficiency in the operations and controls may be leading the drain profit business.

The damage may also occur in fault function in management or planning. There are rare situations such as lost sales due to lack of items in stock; excess capital invested in products with little spin and deficiency of other turning more; and stopped money in the checking account without proper investment, among others. These are examples of some of the situations which, together with others, can make even greater damage.

To minimize the incidence of these risks businesses need:

• Invest in the organization and systematization of processes using information technology appropriately;
• Integrate and streamline processes;
• Training professionals;
• Always seek the adoption of good management practices.

All this should be done gradually and steadily throughout the company. The efficient management can make all the difference and help find new opportunities. These efforts are always rewarded and can make all the difference break the success of your business.

Full article: http://corporate.canaltech.com.br

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