“An effective CFO, Finance Manager or CEO is extremely tax-minded. Executive top management (boards) are more inclined to offer security, incentives and praise to an accounting/finance executive that consistently delivers a low tax bill.”
Author Archives: Notable Office
Lean Wednesday Tip: Why you are in business
“Effective leaders are motivated by why they started their business instead of the financial rewards. They strive to solve real industry and consumer problems coupled with the integration of employee and customer-centric philosophies in their culture. They are not me-too leaders, they are innovators.”
E.O.W(End of the Week) Notable Tip: Reduce RFP Lead Times
Happy Friday! I hope you’ve had a great week. Today, I will discuss how you can optimize your CRM management process for reducing RFP (request for proposal) lead times while increasing profitability. By developing a client quality plan it becomes easier to vet prospects which makes RFP analysis much easier. RFP lead times (time takenContinue reading “E.O.W(End of the Week) Notable Tip: Reduce RFP Lead Times”
Lean Wednesday Tip: Fulfilling Buyer Needs
“An over-designed product causes waste and increases overhead. It is best that you gather insightful insights from customers to ensure you truly comprehend what they really want in a product instead of over-designing a product that no one wants to buy or understands how to use.”
E.O.W (End of the Week) Notable Tip: R&D Spending
Happy Friday! I hope you’ve had a great week. Today, I would like to touch upon R&D spend. Research has shown that highly successful innovative businesses have a lower R&D spend to sales ratio compared to their competitors. For example, Microsoft has one of the highest R&D spend to sales ratio but poor innovative value-creation;Continue reading “E.O.W (End of the Week) Notable Tip: R&D Spending”
Special Offer: Free Business Magazine subscription and books*
Happy Hump Day! Notable will help you start or expand your corporate library when you sign up for our Lean Six Sigma/Process Improvement or Accounting services. You can choose a 1 year subscription to Entrepreneur Magazine (can choose Forbes magazine) or 3 best selling business books: Contact us now to sign up for our processContinue reading “Special Offer: Free Business Magazine subscription and books*”
Lean Wednesday Tip: Customer-centric digitalization
“Companies that stay abreast of consumer behavior changes and priorities coupled with a dedication to a customer-centric philosophy will always yield a greater market share. Effective leaders integrate new technologies wisely based on the company’s capabilities and it’s ability to optimize client satisfaction and profitability.”
E.O.W (End of the Week) Notable Tip: Being Grateful
“Being grateful for your business, employees, clients, vendors and suppliers should not be a one time thing. You should continuously thank them and praise them because without your employees or clients you would not have a business. Always respect them and treat them well because they are more than just numbers.”
Lean Wednesday Tip: Loss Prevention Critical KPI Metrics
“Measuring and reporting the most valuable metrics is critical to identifying areas for improvement because they can be compared to industry and competitors for the purpose of lowering costs, enhancing productivity and safeguarding assets. Some critical Loss Prevention/Fraud KPI metrics you should be measuring are process cycle time, average days to resolve a fraud incident,Continue reading “Lean Wednesday Tip: Loss Prevention Critical KPI Metrics”
E.O.W (End of the week) Notable Tip: Client-centric Accounts Receivable
Happy Friday! I hope you’ve had a great week. Today’s E.O.W is about encouraging your accounting team to embody a more client-centric approach to accounts receivable by asking smart questions that glean insights into what clients value most and what their priorities are. To truly understand that customer everyone must be part of the customerContinue reading “E.O.W (End of the week) Notable Tip: Client-centric Accounts Receivable”
Notable 