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How to Improve Resource Management & Allocation

 
  John W. Braine, Partner, CFO Edge, LLC  
   
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  Article Summary  
A significant challenge for Los Angeles and Southern California executives in the current slow-growth economy is managing and allocating limited corporate resources to generate the highest possible return on investment.

Adding to the challenge are the inertia and hesitation that can occur when it comes to creative risk-taking around implementing new ideas, methods and systems. The result: continually going down the same resource management and allocation path with no improvement in outcomes.

Taking your company to the next level is many times based on refocusing on the process of how you manage and allocate corporate resources.

This article discusses three areas for a new focus: financial and capital resources; human resources; and system resources.

Among the many benefits that can occur from pursuing a new resource and allocation path are greater efficiencies, lower costs, and improved financial results.

Executives interested in making changes of this nature may be interested in talking with a part-time or project-based CFO who has a track record of successfully implementing resource and allocation course changes.

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