The traditional once-a-year budget is quickly falling by the wayside as a key management tool. Rolling financial forecasting can take the ambiguity out of the budget planning process, says Jason Webster.

 

No doubt about it; financial forecasting is a perilous task, yet budgetary accuracy remains a consistent top priority concern of most CFOs….and with good reason since the role of financial forecasting has never been more critical.


Thomas R. Cutler explains the benefits of automated overall equipment effectiveness data in a lean manufacturing environment.

 


For 35 years, Chicago, Illinois–based consultant Richard Axelrod pioneered and championed the use of employee engagement to effect large-scale organizational change. He believes that times are different now. To achieve change and to thrive in today’s marketplace requires maximizing employee engagement more than ever before. It’s a matter of survival.

 


Carr’s Milling, the UK-based animal feed and agricultural machinery group, has reported a strong growth in profits during the year ending August 2010.

The Carlisle-based company, which owns fertiliser manufacturing and fuel operations, saw pre-tax profits rise 27.4 per cent to £9 million.


Business is all about accepting risks but if you have the ‘do it yourself’ attitude, nothing remains out of reach, as Alan Swaby learns.

 

 

 

 

 

The mark of a true entrepreneurial spirit is when challenges turn into opportunities. In the 1970s, the Zamil family business in Saudi Arabia found that pioneering steel buildings to a predominantly concrete market was no easy task, as it involved educating and converting end-users to the benefits and advantages of locally manufactured steel buildings.


SEMS Exploration has built its reputation as a mineral exploration service consultancy on a unique business model. Managing director Simon Meadows Smith talks to Gay Sutton about the secrets of retaining staff through good times and bad.

 

 

 

 


Harris Corporation, an international communications and information technology company, has entered into a definitive agreement to acquire the Global Connectivity Services (GCS) business from Schlumberger Information Solutions, an operating unit of Schlumberger Limited.  

The acquisition will extend Harris' capabilities as a global provider of mission-critical, end-to-end managed satellite communications services for customers operating in remote and harsh environments—including the energy, government and maritime industries.


Mel Togolo, country manager of Nautilus Minerals Niugini Ltd (Nautilus) talks to Jayne Flannery about the company’s pioneering work to explore and develop seafloor mineral deposits in the South Pacific.

 

 

 

 


Company turnarounds require tough decisions and strong leadership. But for McColl’s Transport, the secret has been to lock operational activities into standardised systems, as CEO Simon Thornton explains to Gay Sutton.

 

 

 

 


Hatti Zeppel, CEO of Green Cross Manufacturing, South Africa’s leading comfort footwear manufacturer, has been caught off guard by the company’s success over the past year. Jayne Flannery reports.