September 2011
Intermediate to advanced
256 pages
4h 14m
English
book
Ownership Thinking: How to End Entitlement and Create a Culture of Accountability, Purpose, and Profit
by Brad Hams
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RIP Example 2: The Big Green Cash Cow
This was a RIP designed to reduce average collection days in a manufacturing company with approximately $7 million in annual revenues.
■ KPI: Average Collection Days.
■ Quantifiable Objective: To reduce Average Collection Days by 20 (from 60 to 40) in 90 days.
■ Financial Effect on the Company:
• Increase available cash by $600,000.
• Increase GM (annually) by $20,000, since the cash is now available to take discounts that suppliers offer with early payment to them.
• Reduce interest expense by paying down debt ($24,000 in annual interest savings).
■ Actions:
• Produce clear, accurate, and timely invoices.
• Ask for deposits and/or progress payments.
• Introduce a seven-day customer service phone call (seven ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.