If the COVID-19 epidemic taught the manufacturing industry anything, it was the significance of an efficient and streamlined supply chain. When supply chain issues arise, businesses often tend to solely focus on external factors and fail to recognize the potential for improvement within their own internal processes. Let’s take a look at the importance of…
Imagine this scenario: your private equity firm identifies a promising acquisition target. The company appears well-run, with a stellar reputation and potential for operational improvement. Eager to seize the opportunity, your firm moves forward without in-depth operational due diligence. However, once the deal is sealed, unforeseen challenges emerge — working capital issues, quality challenges, operational…
The Power of a Quality of Operations Proposal in Maximizing Bid Price for Private Equity Firms When private equity firms sell a company, they usually do a financial analysis called a Quality of Earnings (Q of E) proposal. This verifies the legitimacy of earnings and adjusts for any one-time expenses that might distort future profitability….
No matter the size of your business, employee turnover is a significant problem. It is a costly process that affects not only the positions in question but also the entire organization. When employees walk out the door, they take with them the knowledge and proficiencies they’ve spent a lot of time and effort to acquire….
Competitive Business Solutions has years of hands-on skills identifying performance issues like labor shortages and other challenges facing companies today. The Key to success in many cases is a lean and sustainable operating system that gives the management team new skills to successfully operate the company.
Thinking about selling your company or if you want to explore how simple it can be? Preparing an operational improvement plan is key. Competitive Business Solutions can help you prepare to sell.
Many companies that are looking to start a Continuous Improvement program know that they need to drive improvement but are unsure of where to start.
Toyota and Danaher are just a couple of companies that are held up as examples of world-class operating systems and best-in-class lean organizations. While there is much to learn from these companies, I contend business can learn as much by benchmarking good sports teams. In fact, most average sports teams have exceeded some of the…
SOLUTION AREA: Operational Excellence, Program and Project Management
Life is full of examples where people have confused confidence with competence. Too often in business and industry, the consequences can be long lasting.
SOLUTION AREA: Operational Excellence, Leadership and Change Management, Acquisitions and Integration
When we hear the phrase “Customer-Supplier Relationship,” the first thing they tend to think about is external suppliers. We find that regardless of industry, many of our clients have poor relationships with external suppliers, yet this is just the tip of the iceberg.
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