Intelligent cost-cutting

Article Abstract:

An effective cost-cutting measure results in a reduced staff and stronger firm capable of handling any business challenge. The inception of such a measure involves four steps. The first step requires defining goals for each department and linking them with the overall goals of the company. The second entails identifying the responsibilities of the company and the resources needed to accomplish them. The third calls for the deletion of redundant functions and the miximum utilization of the remaining activities. The fourth necessitates the determination of the implementation scheme components and the tools to be used to measure performance and feedback.

Author: Flatt, J. Gordon
Cover Story, Corporate reorganizations

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Preparing for your next acquisition

Article Abstract:

The success of an acquisition may depend on a host of factors, but it is primarily hinged on the selection of highly skilled individuals to form a team. Ideally, the team should compose of a financial adviser, a legal consultant, an auditor and other company representatives. However, it is necessary for an acquisition criteria to be drawn up and roles and responsibilities to be defined to avoid confusion within the team. Lastly, a focused integration plan will make the execution of an acquisition more efficient and effective.

Author: Douglas, John
Acquisitions & Mergers Analysis, Acquisitions and mergers, Financial analysis

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Trial by treasury

Article Abstract:

Treasury officials face numerous challenges in the fast-changing business environment. Foremost among these is the globalization of industry, which has led to the use of new treasury products developed for companies with international operations. Other important issues facing treasury officials are the growing use of electronic data interchange technology and the need to continually develop new skills that could improve their effectiveness.

Author: Drory, Asher, Robbins, Craig
Usage, Derivatives (Financial instruments), Chief financial officers

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Subjects list: Management, Finance, Corporations, Corporate finance
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