Operational Review: Maximum Results at Efficient Costs by Rob Reider PDF

By Rob Reider

ISBN-10: 0471228109

ISBN-13: 9780471228103

Exhibits in a step by step demeanour how an operational overview could be conducted.Demonstrates the diversities among an operational and fiscal audit.Details how one can determine which organizational structures are unsafe to a corporation's growth.Shows the right way to pass judgement on the implications and make techniques to management.Provides clean and pattern varieties required for engaging in a accomplished operational overview.

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Sample text

Increasing revenues may, in fact, be detrimental in terms of profits and operating efficiencies (both short term and long term). Often revenues or sales are increased to present a more favorable sales picture in the short term or to fill plant or service capacity, rather than on the basis of sound planning. Note that in most organizations a greater amount of resources and emphasis is devoted to revenue improvement than to cost economies, even though effective cost cutting offers greater rewards.

Thus, review and evaluation of the way management itself plans, conducts, and controls the activities become a major consideration and focal point in the conduct of the review. In addition, the review includes analyzing results and being alert to problems. These also provide insights into the effectiveness of management and the potential for improvements. 38 OPERATIONAL REVIEW PHASES The five phases through which an operational review progresses are: 1. Planning 2. Work programs 3. Field work 4.

Identifying undefined organizational goals, objectives, policies, and procedures. It would be nice to think that all organizations are doing 35 OVERVIEW OF OPERATIONAL REVIEWS effective long-term and short-term planning. However, in reality this is usually more the exception than the rule. Therefore, the reviewer will have to assist management in recognizing undefined goals, objectives, and detailed plans and developing such plans prior to starting the operational review. Without defined plans, there are no yardsticks or milestones against which to measure the organization’s effectiveness.

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Operational Review: Maximum Results at Efficient Costs by Rob Reider

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