Preview

Transforming Total Sales into Net Profits

Powerful Essays
Open Document
Open Document
51282 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Transforming Total Sales into Net Profits
Read the Reviews
“Viable Vision: Transforming Total Sales into Net Profits is a book for anyone responsible for increasing the profitability of their business. Gerry Kendall combines the theory with real life examples of its power to transform complex problems into clear, common sense executables that will increase the profitability of your business. If you think the complexities restrict the future success of your business, then you’re about to be enlightened.” —Patrick J. Bennett, Executive Vice President Covad Communications “As senior managers we seek but seldom find the silver bullets that will lead to exponential growth for our companies. In Viable Vision, the author wonderfully presents proven tools with actual business cases that when applied will identify the invalid assumptions preventing our organizations from clearly seeing the significant opportunities that lay before us.” —Paul G. Waring, Jr., Corporate Controller Williamson-Dickie Manufacturing Company “Elements of the Theory of Constraints have been very successfully utilized to generate sustainable improvements over the last decade. Viable Vision: Transforming Total Sales into Net Profits highlights how these tools can be leveraged at the strategic level of business. It is a real opportunity for most of us to better understand and simplify strategy.” —Yvon D’Anjou, President Alcan Primary Metal Group, Quebec South & USA “In Viable Vision, Gerry Kendall drives home the point that the more complex the problem, the simpler the solution must be or it will not work. By applying TOC principles as a CEO, I have achieved organization alignment and successfully transformed a utility, a utility services company, and a regulator and took a telecom company public. Viable Vision: Transforming Total Sales into Net Profits expands the understanding of TOC principles and provides simple solutions that work.” —Kim Allen, MBA, P.Eng., CEO/Registrar Professional Engineers Ontario

V

iable ision
Transforming

You May Also Find These Documents Helpful

  • Powerful Essays

    It is late spring and time for the DMC management team to begin the planning cycle for the next fiscal year. While CEO Tom Grant has always preferred the tried and true business strategies from Michael Porter (cost leadership, differentiation and market focus), he knows the executive team needs to be creative to set the path for the future of the company during the new planning cycle. In this highly competitive global market, DMC will face many challenges in choosing a strategic plan for the next five years. The current strategic plan includes a goal of increasing electronic component sales while establishing a more stable sales pattern and margins, but this goal is not going well. Grant passed the challenge on to his functional VPs, but he knows he has to keep a hand in to guide the overall direction and be able to sell the chosen direction to the board of directors. All functional areas in the company will have a part to play in a change in strategy, so he needs to ensure all areas are involved in the decision process. Grant is not sure what that direction should be, or even how to define the overriding problem the company now faces. In spite of the many challenges of competing in a global industry, they have to determine how to successfully compete and grow business margins.…

    • 4646 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Audit Case ch 6

    • 1999 Words
    • 13 Pages

    Objectives are to raise sales 6% and net income 8% for the next 3 years; Strategies are to incorporate aggressive marketing, offer credit to higher risk…

    • 1999 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Hunger, J. D., & Wheelen, T. L. (2011). Essentials of strategic management (5th ed.). Upper…

    • 1137 Words
    • 4 Pages
    Best Essays
  • Satisfactory Essays

    BUS 475 Week 1 Summary

    • 607 Words
    • 5 Pages

    Develop at least three strategic objectives for each of the following four balanced scorecard areas identified above (Fi...…

    • 607 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Buss3 Exam Guide

    • 6948 Words
    • 28 Pages

    Businesses will set a range of functional objectives e.g. minimising costs and increasing market share…

    • 6948 Words
    • 28 Pages
    Powerful Essays
  • Best Essays

    Proj 587 Week 4

    • 4394 Words
    • 18 Pages

    Dess. (2012). Strategic Management text and cases, 6th Edition. McGraw-Hill Learning Solutions. Retrieved from <vbk:0077653017#outline(12.6.4.2)>.…

    • 4394 Words
    • 18 Pages
    Best Essays
  • Good Essays

    The paper will outline and explain the strategic objectives for the company C&C Enterprise Incorporated using the format of the balanced scorecard on page 5. The balanced scorecard provides a framework to translate a strategy into operational terms, thus providing measures of the following four quadrants: .Financial, Customer Value Perspective, Process or Internal Operations Perspective, and Employee (Learning and Growth). Finally, the objectives selected is based on an evaluation of a number of potential alternatives and opportunities identified in the company’s SWOTT Analysis.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The most likely reason for the high figure for cost of goods sold is that purchases are made in excess. It means that if the purchases are made at $54500 than the level of cost of goods sold may be achieved.…

    • 576 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The Rotary Cove Beach

    • 993 Words
    • 11 Pages

    How to unite the mission statement with a financial strategy so that there is maximum excess revenue.…

    • 993 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    This objective of this report is to explain our company’s strategy, how effective we were in achieving the company’s goals, and what changes we will make to the company’s strategy to improve future operations. Also, this analysis will focus on what competitive and financial factors affected our company’s strategic goals.…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BUS475 WK 5 PPT

    • 499 Words
    • 7 Pages

    Learning and Growth Perspective Financial Perspective • Profitability – This perspective evaluates the profitability of the strategy. • Objectives: – Cost reduction. – Operating income and return on capital. Customer Value Perspective • Customer Satisfaction – This perspective…

    • 499 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    UNIVERSITY OF CALIFORNIA, RIVERSIDE School of Business Administration BUS 109 – Competitive and Strategic Analysis SPRING 2013 Dr. Sean D. Jasso EXAM 2 The following are the questions to prepare for your second exam. On exam day we will randomly select among the four questions – the quantity of questions will be determined on exam day. Please answer each question as thoroughly as possible, providing rich detail from our lectures, readings, and discussions. The organization of your answers, the complexity of your analysis, and the clarity of your critical thinking are the key elements of your evaluation. 1. On Functional Strategy – Pertaining to your CEO Project Company a. Among the various functional divisions of the firm, identify the most burning issue whereby your functional strategy (marketing, financial, operational, etc.) impacts the overall corporate AND business strategies. Explain in detail. i. More directly, select from two functional areas and discuss the following: 1. Identify the function‟s essential goal for 2013 2. What resources must be employed to effectively realize this goal 3. What measures will indicate whether your functional strategy has produced the required results On Strategy Implementation – We discussed at length the idea of Six Sigma as a way to create synergy across the organization, to increase the probability of mission buy-in as well as the effective alignment of resources, and, most fundamentally, the production of near perfect output of product and service. Discuss the following in detail: a. What does Six Sigma mean to someone like Jack Welch? Be detailed in your response. i. Provide an example how GE uses the concept to improve performance. Pull from Winning to support your answer. ii. What is one strength and weakness of this widely subscribed philosophy? b. Lastly, pertaining to your CEO company, identify the ONE burning issue that is a prime candidate for continuous improvement – that one thing holding the firm back from…

    • 500 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    When I was in the military, I was taught an adage from Winston Churchill who reportedly said during World War II, “If you fail to plan, you can plan to fail”. This adage can be directly applied to our assignment question. An organization can make plans to complete tasks or projects in order to meet monetary goals. This sort of planning can be called a strategy (Lester & Parnell, 2006). These strategies can come from all aspects of the business in the form of staff hiring and retention, production, marketing, sales, and accounts receivable. If organization leaders do not formulate strategies for any period of time, it could create the potential for confusion, failure to meet critical goals, and force the company into…

    • 124 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The organization needs an accurate sales pipeline to adequately measure progress towards particular enterprise goals. When an accurate pipeline tells a story that the organization is meeting revenue thresholds, it can be concluded the enterprise is effective and healthy from that particular financial measurement. From an external shareholder perspective, the relationship is strengthened between the Company and shareholder through accurate portrayals of revenue forecasting which allows investors to make informed…

    • 1025 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Literature Review

    • 4720 Words
    • 19 Pages

    Kaplan, R. S. and Norton, D. P. (2010). How to implement a new strategy. Harvard Business…

    • 4720 Words
    • 19 Pages
    Powerful Essays