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  • Writer's pictureJim Payne

Business Planning Tip – What processes need improvement

Here is an easy to apply management tool – Ask the question “What are our five most likely future errors ranked be guess-estimated cost?” The answers could include items like project cost estimating errors, hiring the wrong person, or perhaps inventory losses due to bad orders. Creating a project to fix these process problems in the next planning session can go along way to taking some of the risk out of your organization, usually at minimal cost.

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