The Rise of Borderless Human Capital Globalization, technological advancements, and competitive pressures have fuelled the trend to outsource non-core functions of a company to alternative locations at a more economical cost to reduce labour expenditures. The availability of many offshore suppliers that specialize in common functions that can provide higher productivity than in-house staff has made this… read more →
One of the world’s leading land-based drilling companies experienced much higher maintenance costs in the USA than elsewhere in its global organization. The client wished to improve mean time between failure (MTBF) performance and drive real efficiencies in its maintenance and procurement functions.
A diverse array of payer guidelines has created new challenges to streamlining processes. U.S. Health Insurance Impacts on Commercial Providers There currently is no standard health insurance provided in the United States, nor mandates that require individuals to purchase health insurance (individually or through an employer). Although low-income earners are automatically qualified for Medicaid through… read more →
Translating a comprehensive set of objectives into performance indicators is difficult. The Balanced Scorecard Overview Originally designed by Norton and Kaplan and now utilized in one form or another by most Fortune 500 companies, the Balanced Scorecard is a powerful tool in defining what management means by “performance” and measures whether management, business units, or… read more →
Technology can be a double-edged sword, if not employed strategically. Increasing Technology Integration with Business Technological advances in computer intelligence and memory has allowed for improvements in streamlining and automating tasks while increasing the output volumes and accuracy levels in all types of business environments. Technology has come to play a vital role in the… read more →
This article discusses the proven turnaround strategies that leading Private Equity firms use to turn around businesses. PE funds are sticking with their winning formula for generating big returns from dramatic improvements in operations. The results speak for themselves: The top 25% of North American funds raised from 1987 and 2006 have earned internal rates… read more →