Companies are turning to Business Process Management BPM to gain efficiencies in their processes and remove needless costs. In this paper the authors share four mini-case studies of businesses with global operations that applied BPM to add value to customers, automate workflow and cut inefficiencies by eliminating non-value-adding processes and...
Even businesses that enjoy revenue growth and bottom-line profitability sometimes confuse planning with budgeting, a process performed by individual business units that takes a short-term view and does not consider the goals of the entire organization or the achievement of objectives beyond the current year. Too often it's only after...
ODPM's standard practice and decision-making on assets is based on VFM, informed by best practice and using net present value in investment business cases. The net present value includes all charges including non-cash so ODPM's asset management will, like all its business decisions, meet the new resource budgeting requirements. The...
The capital budgeting process in real development firms is a vital part of their regular operations. Developers invest large amounts of money in this process. Their finance departments frequently hire highly paid staffs to conduct studies of proposed projects. Under the best of conditions, capital budgeting for real estate development...
This paper builds on Froot and Stein (1998) in developing a framework for analyzing the risk allocation, capital budgeting, and capital structure decisions facing insurers and reinsurers. The model incorporates three key features: value-maximizing insurers and reinsurers face product market as well as capital market imperfections that give rise to...
In the United States, the Federal government, the largest organization in the world, procured $231.08 billion and made33.19 million procurement actions in fiscal year 2000. The American federal government is the largest purchasing entity of both private and public sectors in the world, and it acquires many types of goods...
The growth in corporate sector usually occurs due to internal expansion. The growth in normal capital budgeting activities leads to overall expansion of a firm. However, of late, the trend of corporate mergers has spread across the industrial sector resulting in increased profitability. The paper explains the concept of Mergers,...
In organizations, it is often necessary to engage in costly delegation of ideas; such delegation seeks to efficiently aggregate multiple information signals. What this paper shows is that those who delegate often find it impossible to separate the evaluation of the ideas they delegate from the evaluation of the abilities...
This article is about the biennial budgeting which use different states of off-year budget in which the experiences of all three states indicate that agreement between the legislative and executive branches on how the off-year budget process will operate Each of the states has adopted a different approach to...
Annual planning and budgeting processes are the most formalized, drawn out, and resource-intensive goal-setting efforts in organizations today. Indeed, with the sometime exception of personal development plans, budgeting and planning are the only organization-wide goal setting effort in many companies. Annual planning and budgeting processes, however well intended, have mutated...
If city development corporations open their books to the public, they fear they'll lose leverage in courting developers and companies looking for a place to build. The state Supreme Court ruled development corporations with operations or budgets tied to government must comply with open meetings laws. But...
Individual and corporate donations exceed expectations; community celebrates at rally KANSAS CITY, Mo. -- The eternal flame at the National World War I Museum at Liberty Memorial will no longer be extinguished after July 4, thanks to an individual and business grassroots fundraising campaign. The flame that burns...
The brewer and pub operator Greene Kinghas warned that the UK's fragile economy is set toget worse as it revealedthat sales at its core managed pubs business slipped nearly 3 per cent in the past eight weeks. Greene King's chief executive, Rooney Anand, said: "I am not...
NORDIC BUSINESS REPORT-3 July 2008-Iceland Express postpones launch of Gatwick serviceC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Budget airline Iceland Express has moved the start date of its new flight between London's Gatwick Airport and Reykjavik, Iceland. The five-times-per-week service was scheduled to commence on 16 September 2008...
CHICAGO -- Vibes Media, the market-leading interactive mobile marketing company, announced today the appointment of Charley Cassell as Chief Financial Officer. Cassell held several senior positions at leading internet companies before joining Vibes. In his previous role as CFO of Chicago-based internet company FeedBurner, he played a pivotal role in...
Extends support for Microsoft Windows Vista Operating System, SQL Server 2005 database and enhances Financial Reporting Dashboard Kit 2.0 NATICK, Mass., July 1 /PRNewswire/ -- Centage Corporation, a leading provider of integrated budgeting, forecasting and financial reporting solutions for small to mid-market organizations, today introduced a new...
GasBankUSA gives Fleets and Consumers an Option to Manage Gasoline Price Increases BOYNTON BEACH, Fla., July 1 /PRNewswire/ -- Consumers and businesses are longing for price stability in gasoline and diesel, commodities that fluctuate on a daily basis due to distant global events and media perceptions. Over...
HOUSTON -- Proserv Decommissioning Contractors and Engineers, a business unit of Proserv Abandonment and Decommissioning, announced today it has been awarded three decommissioning projects in the Gulf of Mexico. The total contract, awarded by a major independent oil company, is valued at $8 million. The contract involves the...
HLS, the founding medical-education unit ofCommonHealth, today announced five promotions and one new hire. CommonHealth ( www.commonhealth.com ) is the world's leadinghealthcare-communications network and a WPP (NASDAQ: WPPGY) ( www.wpp.com )company. Promotions Cindi DaRin has advanced from senior vice president, operations, to seniorvice president, business management. In her new role,...
Company Also Provides Update on Product Demonstration Unit LOS ANGELES -- Rentech, Inc. (AMEX:RTK) today announced organizational changes at the Company. Merrick Kerr, Executive Vice President and Chief Financial Officer, will be resigning from the Company effective July 18thto pursue other opportunities. Mr. Kerr's responsibilities will be assumed...
Articles 2008-06-30
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