Businesses fail because managers fail and sadly there will be many operations which eventually succumb to bankruptcy. There are those that remain solvent but are unable to realise a profit sufficient to make a continuation of business worthwhile. And then there are those businesses which fall well short of their full potential. Failure to reach a sustainable profit and growth is the responsibility of management, but through poor foresight, poor judgement or a narrow view of their management responsibilities, they concentrate their attention on areas of interest and leave other areas of strategic importance neglected. You should acquire the knowledge of proven and experienced mentors asap.
Businesses fail through Poor Management
About the Author: Roger Dedrick
An accomplished CEO, Director, Performance turnaround and operational specialist, highly experienced in due-diligence, strategic business plan development and management who was a key contributor for the growth and profitability of major manufacturing/engineering companies. A creative and highly motivated senior executive able to transform Strategies into reality and make change happen. Roger excels in identifying breakthrough initiatives and establishing improvement strategies in all operational and organisational aspects of a business. A growth and turnaround strategist with emphasis on continuous improvement, cost containment and cost down/avoidance programmes. Rogers professional management style has been based on extensive involvement in effective international benchmarking studies and has resulted industry awards including successful export, JV, Licensing and technology/know how agreements. Refer to the website: www.redglobal.net.au