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Informative Articles

New Bankruptcy Law Will Not Protect You from Identity Theft
Recently passed by Congress with overwhelming support, the oddly-named Bankruptcy Abuse Prevention and Consumer Protection Act was designed to eliminate “bankruptcy of convenience.” The perceived problem is that many compulsive gamblers, shoppers...

Sell Mortgage Note
Do you need to Sell a Mortgage Note? We specialize in helping people sell their mortgage note and collect cash now. To learn more, visit Sell Mortgage Note . Right now, thousands of people across North America are stuck with...

Structured Settlements Offer Advantages over Lump-Sum Payments
A structured settlement, which offers injury victims cash payments through a long-term annuity as compensation for their damages and medical expenses, offer a number of possible advantages over payment in a lump sum. While the lump sum payment is...

Structured Settlements – Should You Sell Yours?
In recent years, it has become more common for victims of accidental injury who accept a settlement from the at-fault party to accept a structured settlement instead of a lump-sum payment. With a structured settlement, the injured party receives...

Take A Structured Settlement Or One-Time Lump Sum Payment?
If you are involved with a legal decision, financial claim or insurance arrangement, the financing process to settle and resolve the claim can often take two forms. Either a one-time lump sum payment, or a long-term periodic series of deferred...

 
Measure It First, Then You Can Manage It

If you can’t measure it, you can’t manage it. Companies may be able to survive for a while if managers aren’t using data to make decisions, but they will eventually see their demise; likely sooner than later. Those companies to benchmark off are the ones who are not only surviving, but thriving! Pick your favorite phrase: TQM, Process Management, Quality Circles, Improvement Teams, Standards and Measurement departments or any other title you prefer. The function is the same. Look at baseline data – percentages, dollars, hours, quantities – and continuously monitor the performance.

There should not be any task that a supervisor or staff members perform that cannot be measured. If you can’t measure it, you can’t manage it. Take a fast food restaurant for example. There are a plethora of areas that can be measured such as days without an accident, customer wait time in line, length of time burgers are in the warmer, amount of money off in the drawers, customer complaints, etc. Graph it out and keep a spread sheet of your figures. Clearly you’re looking for improvement. If there was a decline, brainstorm, find the root cause and then fix the

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We have a site for contractors  and sites for HomeloansUK and PR-Help. We provide Branding help and offer Free-Marketing-Help and help for IT contractors. For E-commerce information, visit Small-Business-Web. We offer Page Rank Web Links and Cheap Home Loans Direct plus 0-BadDebtLoans and more Cheap Home Loans Direct. Our sites also help with Negotiation of any Personal-Secured-Loans. Our site called Management-Today can help you Innovate-Today, but for more loans go to 1st4HomeLoans.

 

Our HomeLoansUK site is affiliated with Branding and TrafficBuilding sites and Sales technique site. Also on offer is Beauty-Online and FreeNetDesign. If you are a  contractor and need help with a Small-Business-Web then our E-Commerce site is great. If you want Easy-Mortgages or even 1st-4-Tenant-Loans go to 5-Star-Mortgages. We help find Cheap Kitchen Appliances and Low Rate Home Loans. For the IT contractor, EstuaryFinance can refer you to our Online IR35 Compliance site for help with IR35.


problem.

The process is the same no matter what industry you’re managing. Whether you manufacture widgets, if you are the CEO of an internet marketing firm or if you sell cookies, take a look at all the steps involved in day to day operations. Assign values to the process. Set goals. Review the results on a daily, weekly or monthly basis. Remember, if you can’t measure it, you can’t mange it. Charts and graphs are an excellent tool to visually remind you of where you have been and where you plan to go.

In the midst of measuring your subordinates’ performance, don’t neglect to measure and manage your own operations. Don’t think for a minute that your boss isn’t looking at your performance. And if you’re the top dog, you had better be managing yourself well, or you will never succeed at managing others

About the Author

James Louis writes about things that impact our society. His years of experience in finance prompts him to write about and share his insights about different aspects of the financial world. One of those insightful subjects is Structured Settlements. For more information visit his Structured Settlement site.