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195 search results for: Profit

21

Six Sigma

The extraordinary breakthrough management program – heralded by GE, Motorola, and AlliedSignal – that is sweeping corporate America with its unprecedented ability to achieve superior financial results. Six Sigma is the most powerful breakthrough management tool ever devised, promising increased market share, cost reductions, and dramatic improvements in bottom-line profitability for companies of any size. […]

22

Balanced Scorecard Step-by-Step

Sharing his extensive experience in developing Balanced Scorecards for Fortune 500, public sector, and not-for-profit organizations, Paul Niven takes you through the complete Balanced Scorecard journey—from creating powerful new performance measures that drive the execution of your strategy, to the tools necessary to make the Scorecard the cornerstone of your management processes. Whether you are […]

23

The Ownership Quotient

Heskett, Sasser, and Wheeler extend the service-profit chain to include customer and employee “owners.” The lifetime value of a customer-owner is equivalent to that of a hundred merely typical customers. That makes the value of employees who promote customer-ownership priceless. Citing companies as diverse as Harrah’s Entertainment, ING Direct, Build-a-Bear Workshop, and Wegmans Food Markets, […]

24

Managing for Results

The effective business, Peter Drucker observes, focuses on opportunities rather than problems. How this focus is achieved in order to make the organization prosper and grow is the subject of this companion to his classic work, “The Practice of Management.” “Managing for Results” shows what the executive decision maker must do to move his enterprise […]

25

Managing for the Future

Drucker brings clear-sighted analysis and practical inspiration to an interesting array of subjects: the end of the era of the blue-collar worker; the ultimate bankruptcy of economic pump priming by the federal government; the myths about the Japanese economic juggernaut; the lessons that nonprofit enterprises can teach big business; the changing attitudes of middle managers […]

27

Turning Off Warranty Losses

Turning Off Warranty Losses Guest writer Christ Kohart is back this week with a continuation of his topic on warranties with his blog post, “Turning Off Warranty Losses.” In our last discussion, we reviewed the cost (financial loss to our dealership) of replacing a simple hydraulic tube covered by an OEM standard new equipment warranty. […]

28

Aged Work Orders

Aged Work Orders Guest writer John Dowling is back this week to cover the topic of timing and timelines in your dealership in “Aged Work Orders.” How long or how many days should it take to complete a repair on a customer’s machine? How many days does it take for your service department to close […]

29

EI vs. AI: Emotional Intelligence vs. Artificial Intelligence

EI vs. AI: Emotional Intelligence vs. Artificial Intelligence This week, our guest writer John Andersen helps us see the clear difference between reality and the artificial in “EI vs. AI: Emotional Intelligence vs. Artificial Intelligence.” With all the technology and buzzwords floating around it is easy to get lost, confused or sometimes plain lied to. Marketing […]

30

Market Share, Sales Participation and Closure

Market Share, Sales Participation and Closure Guest writer Kurt Pease is back with a blog post on the topic of “sales participation, market share, and closure,” and the ways these elements can be improved upon in your business. Leadership teams at both the dealer and manufacturer levels dedicate considerable attention to strategizing ways to expand […]