Background 

I was CEO & MD of a  listed company for 35 years till October 2018. I have read & understood hundreds of management books.

What I  Do Now( as in May 2020)

I advise businesses. I am a coach, mentor, consultant , motivator, explainer & trainer. I recommend good practises.

What is my method?

1. I insist that the books of accounts  be up-to-date. Whether the accounts team is adequate. If not, I recommend using an outside experienced accountant. The P&L account, balance-sheet & projected cash flow statement is daily updated.

2. I want to improve the level of due-diligence.

3. I want to improve the 5S activities.

4. I want to improve the organisation chart- lines of communication, authority & responsibilities should be clear. I want to improve the level of delegation. I want to right-size the team.

5. I want to teach these concepts: P&L account’s right format; balance sheet; cash-flow statement; Mission; Vision; BEP & how to derive the same; pricing; Grade & Quality; Efficiency vs Effectiveness; Meaning of Profit; Meaning of Professional management; CEO’s Job; Delegation; Information Systems; Differentiation & USP; Sales & Marketing & the difference between the two; motivation; social knowledge; Growth; Diversification; Innovation; Technology & its importance.

Once the above is done, the vocabulary of the team become the same. We can understand each other.

6. Find the answer to: Why should anybody buy from us? What is attractive about us?

7. I explain: What nobody (myself included) can teach you but must be learned by each individual.

Once I am hired, it could take up to one year to achieve the above.