“Our sales are strong but my company never has any money in the bank account,” is what we hear from many of our clients. One of the primary reasons that a business fails to maximize profitability and fails to realize the full potential of a streamlined cash conversion cycle is because of poor operational performance. Many businesses operate inefficiently and do not use metrics to track their operational performance.
Operational performance encompasses every department of a company.Each department should have operational processes and procedures that are simple to understand, are taught to each new employee and are simple to update as they change.Each function should have operational metrics that clearly show that area’s performance and point to problems as they are occurring.
CTBC has the expertise to assist your company to improve your existing Operational Plan or to create one.
We can help your company develop a basic operational plan for each of your company’s areas / departments.The operational plans CTBC develops, in conjunction with your company, clearly state the basic operational procedures and include the key metrics for each area / department.