TRADITIONAL BUSINESS MANAGEMENT DOESN’T MAKE SENSE NOW
“ Business practices are too clumsy, no liquidity, and overstocked. ”
Classical business approaches are outdated, inefficient and can hold companies back.
The following are the major limitation:
Cannot hire right people
Too costly to ship
HAVING LOTS OF OFFICES DOESN’T MAKE SENSE NOW
“ Having lots of offices doesn’t make sense. ”
PRACTICE THE MANAGEMENT OF LEAN
“ How smart businesses avoid the traditional cash trap ”
Large businesses really don’t need too many offices anymore. How large companies are closing office locations and working more effective? They replace small offices… they utilize less employee but outsource more… they save taxes to increase more cash retainment… they reduce overheads and time by not living far from accommodation… etc.