Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Recent study by the Fraunhofer IPA
How do companies deal with risks in procurement? How does the maturity level of risk management today? Such questions and more on risk management in procurement are answered in the study by the Fraunhofer IPA. Decision makers from the areas of purchasing, logistics and materials management can use the survey results to identify trends and to derive recommendations for action.
The study and answered currently important issues for risk management in procurement:
How important is risk management for the companies surveyed?
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Foot Höller entrepreneurs letter
Controlling which is equated by most artisans with scrutiny. Here controlling is derived from the English "to control" and in a figurative sense "plan, control, govern". A lack of controlling is regularly criticized by the banks when it comes to the credit assessment of SMEs in the context of corporate ratings. But what is to become of planned and controlled now and how it can be implemented effectively the whole?
First, it should be distinguished between profitability and liquidity. While profitability says something about the profitability of the company, the liquidity of the financial position of the company reflects. Both areas should be covered in Controlling, where liquidity has top priority. Because most insolvencies in the SME sector are based on a lack of ability to pay.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
International study on cultural differences
What motivates students and graduates to start a business? If the decision to start their own or join an international start-up companies, influenced by culturally determined values? This question is a new comparative study by Prof. Dr. Ricarda B. Bouncken which holds the Chair of Strategic Management and Organization at the University of Bayreuth deals. The result is clear: in order to understand the motivation of young entrepreneurship, one must also take into account cultural influences and styles.
For the study, approximately 630 students were questioned who attend MBA programs, so the degree of "Master of Business Administration" seek. "This group deserves special attention in several respects," explains Bouncken. "MBA students represent a high potential for business start-ups. And they are a very attractive target group for young internationalising companies looking for new employees." The survey extended to four countries with distinct cultural and religious differences: Germany, Poland, Syria and the United States. The design and results of the study were now in the - published "ZfKE Journal for SMEs and Entrepreneurship".
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
The Service Value GmbH examines the quality of service in the German Lebensmitteileinzelhandel
There are clear differences in customer service in everyday shopping in grocery stores. Only a few providers convince with consistently high service quality. Even Aldi, as the best discounter, shows regional quality fluctuations. Altnatura leads the service ranking.
This is shown by the current study on service quality at German supermarkets and discounters by the independent ServiceValue GmbH, for which 2.991 customers were asked about their service experience when shopping.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Foot Höller entrepreneurs letter
The analysts of Volksbank and Raiffeisenbank judge for many years, among other things, the wasteland of Fleischer. Although analysts are not "professionals" for the butcher trade, are your assessments for the industry but more than appropriate. That current industry specialist is no exception. As is "stagnant sales" and "stable income" is mentioned. But what does this mean for the butcher's trade in detail?
The number of self-employed entrepreneurs in the butcher's trade decreased again by 2,8% last year. Even if the butcher's trade is still numerically the largest supplier of meat and sausage products on the food market (26.523 sales outlets), one cannot turn a blind eye to the development of the branch. Many companies close their doors because they cannot find a successor. Another part because years of losses have simply consumed the substance of the company.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Recent study shows that in the Mix!
A nationwide study of the Witten Institute for Family Business (WIFU) comes to the conclusion that every third long-lived family is out in Germany jointly by owners and managers outside the family
The issue of foreign management is for many family businesses a "hot potato", the employment of family external executives at the top of the company is still often seen as a loss of the entrepreneurial independence of the family. However, the foreign accountant is a perfectly viable option to counter example of the widespread problem of succession in family businesses. Published a management exclusively by non-family members unthinkable, a combination of bearer and foreign accountant may represent a reasonable alternative. Here the family contributes to participate actively to manage and control the company with, but does not have to renounce external management know-how.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
The butchers are always been the material-intensive industries in Germany. The material costs represent by far the biggest block in the whole cost structure of the butcher. All the more surprising that in recent years special deal of commitment in the areas of personnel and energy was used with respect to a reduction in costs, although these areas taken together not nearly the volume achieve the use of materials.
The material used was satisfied as "God given" considered and accepted. That influence high material costs and the rating of the banks is also completely ignored. The butcher hands over the Bank annually publishes its annual accounts and perhaps monthly nor a BWA. But these are much more important for the Bank Rating other factors so far seems to be hardly arrived at most establishments. Intensive coverage of the company with regard to important future Entrepreneurial decisions, our equity ratio in the future and planned measures to increase profitability are weighted much higher by the banks, as the annual balance sheet, which ultimately represents only a backward-looking. And here the butcher can actively ansetzten. The value, also called gross profit I, is one of the key values for the bank rating. Determine the value can be relatively easy, you will still only represent the result of a simple subtraction, as the numbers of an example operation prove.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Majority of companies surveyed expect a return to significant growth until the end of the latest 2011
Survey of around 800 board members and managing directors of companies from more than 14 industries - 57% of those surveyed believe that the crisis has already bottomed out: Expected economic growth for 2010: between 1 and 1,5% (for 2011: 1,5 - 2%) - 54% of the companies surveyed expect to reach the pre-crisis sales level from 2007/2008 to 2011 again - Significantly fewer layoffs planned for 2010 than in 2009 - Only 9% consider the liquidity of their company to be threatening, but around half complain about a deterioration the credit terms
The majority of German CEOs and managers is of the view that the worst of the crisis has been overcome. You expect from 2011 back growth, but also a deterioration of the situation in terms of unemployment and lending. These are the results of the sixth study by Roland Berger Strategy Consultants to restructuring in Germany. The study included companies from small businesses to large corporations from more than 14 different industries participate. The aim of the study was to find out how much and in what areas the crisis German companies 2010 still employed and how managers assess the chances for the coming upturn.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Manager as a "Springer" for bridging or crisis management must take into account specific features of family
In January 2010 practice guide "Interim management in family" of the Witten Institute for Family Business (WIFU) is published in cooperation with the United Interim Management GmbH. Theme is the difficult and complex field of Interim Managers. An interim manager is a foreign manager, who will work for a period of 12 24 to months for a company. Its activity is provided from the outset as a transitional solution, be it to cope with an acute crisis or to bridge a long time, until a new CEO can take control of the company.
"As a crisis manager so need an interim manager far-reaching powers of decision, because the family and often the senior manager's decisions need the causes of the crisis, see the company and eliminate them. For this purpose he must turn change much. And just as often the problems occur, can not give him and changes are suspect, "said Dr. Tom Rüsen, CEO of WIFU. The interim manager must not only have excellent knowledge, he must recognize as a quasi-family member, the problems of the family business and must take into account any differences of interests within the family. Only then he can make decisions and bring about the changes that will in turn determine the success of its restructuring. The guide also focuses on how and where to find an interim manager how a typical course of the project looks like and what should be considered when drawing up contracts.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
The in Aktionskreis achievers (AKL) cooperating associations have created a common ethics paper. Key question is: how can you keep as an individual in a large economic entity a moral compass?
1. Ethics is not a troublesome hindrance, but fundamental prerequisite for sustainable economic success The measure of economy is the man. Also, the competition is a social event for the benefit of consumers. Success facilitates ethical behavior. The greater the success, the greater the ethical obligation. The more anonymous is a structure, the harder it is to enforce ethics. Because people have to expect sanctions less of their actions.
Submitted by Thomas Pröller, meat-n-more on , Published in Business management
Significantly increasing energy prices, developing oligopolies among suppliers and ever more individualized consumer demands - these are the three biggest challenges for purchasing departments of companies in the food industry. This results in a recent study by the Kerkhoff Competence Center (KCC) of Supply Chain Management at the University of St. Gallen, the Institute for Allensbach and Lebensmittelzeitung result.
The study entitled "Strategic Challenges for shopping in the food industry" in which over 100 purchasing managers and CEO interviewed by medium and large food manufacturers in Germany by the Allensbach Institute, appeared on 11. December 2009 excerpts exclusively in the food newspaper.
