Strategic approaches to cost management
The economic crisis is forcing some companies to increase their efforts in reducing costs and driving operational efficiencies. More than ever, organizations need to get the most value from their operations in all departments, look for short-term wins, and plan for the future.
A closer look at the financial crisis
The economic crisis is forcing some companies to increase their efforts in reducing costs and driving operational efficiencies. More than ever, organizations need to get the most value from their operations in all departments, look for short-term wins, and plan for the future.
C-suite perspectives on the downturn
Some executives may be unsure of where to focus their attention during a downturn. If they can drive operational improvements and squeeze greater efficiencies in key functions such as finance and IT, then they can position their companies for short-term survival and long-term success.
Taking control in tough times
To survive or grow in difficult times, corporate leaders need to answer some key questions. What’s our cash position? Should we call the bank? How can we maximize value in a transaction? Acting upon some of those tough questions can help companies cut costs strategically, improve risk management and strengthen their credit position.
Managing in volatile times
The economic downturn is having an impact on businesses from coast to coast. But if companies focus on the basics and make informed decisions, they can manage their way through the volatility to emerge stronger and more competitive. Here are some ideas, strategies and best practices to help you find the path to success.
Destination: IFRS
In 2011, all Canadian publicly accountable enterprises will need to issue IFRS-compliant financial statements. IFRS conversion is a complex and interconnected process that will affect every area of business, and companies should have a conversion plan to guide them on the journey.
Turbulent times
Canadian companies are feeling the impact of the global financial crisis. They must cope with the credit crunch, currency fluctuations and volatile markets, while addressing the need to strengthen their competitive stance and improve their cash position.
Our world of talent
Deloitte continually invests in training and professional development to ensure that our people have the knowledge to deliver quality service to clients. If you’re looking for a career where you’ll be challenged, then you’ve come to the right place.
Succession planning
Creating business value is the path to effective succession planning. The sooner private company owners get on that path, the better they can maximize the value of their assets. Succession planning can also help owners manage unforeseen risks and identify the best exit options.
CFOs taking charge
Today’s finance function faces an expanding and complex set of responsibilities. But with these added responsibilities, CFOs can also explore ways to add value. They can streamline operations, provide financial leadership, and act as change agents for the organization.
Improving business performance
When companies are underperforming — particularly in an uncertain economy — the pressures on management can mount uncontrollably. To overcome strains from all sides, they need to zero in on market strategy, operating fundamentals and working capital.
Best Managed Companies
Canada’s 50 Best Managed Companies program shines the spotlight on best-in-class organizations. Over the past 15 years, Best Managed winners have overcome some formidable obstacles, and they offer valuable lessons for companies large and small.
Governments in transition
Today’s public sector is in a unique position — one of tremendous responsibility, but also of unrivalled opportunity. To better respond to the challenges of the 21st century, governments are examining basic service delivery, financial management processes, investments for a sustainable health care system, and human capital issues.
Climate change
As the issue of climate change attracts increased attention, shareholder advocacy groups are demanding improved disclosure on how companies are responding to it. Companies are under scrutiny by institutional investors and rating agencies. But forward-thinking organizations realize that climate change can also present new opportunities.
Crisis management
Critical threats can strike your business at any time — ready or not. Staying ahead of threats, such as intellectual property theft, corporate fraud, money laundering, foreign corruption and corporate restructuring requires preparedness.
Growth for private companies
Private company owners aren't always certain how to attain long-term success. Although they've built their business through hard work, determination and instinct, they still face some tough challenges as they steer their companies toward sustainable growth. To reach their destination, private company owners must take the helm and chart a course to growth.
Corporate responsibility
Climate change. Labour conditions. Offshoring. Community health. In today's global marketplace, the way in which a company addresses environmental, social and governance issues speaks volumes about the corporation itself and its long-term viability. Corporate responsibility actions can enhance a company's reputation, improve supply chain issues, build loyalty and lead to bottom-line benefits.
The art of the deal
The number of mergers and acquisitions has grown. Keeping up with the rapid pace and increasing complexity of M&A transactions is a challenge. Yet speed alone will not ensure a successful deal. With global consolidation, increased liquidity and fierce competition, today’s deal-makers must master speed, complexity and size to succeed.
Creating value
Do you know what your company is worth? If you’re the owner or manager of a privately held business, you probably have a fairly accurate idea of your valuation. But knowing what creates value in your organization is just the beginning. Once you understand what drives your value, then the journey truly begins. Whether your goal is to increase revenues, position the company for expansion or preserve a family business for future generations, knowing your value drivers will help you navigate your company to greater success
Talent management
People are at the heart of every organization. But demographic shifts and a shortage of skilled trades are threatening the growth of certain industries. Effective talent management is not just about recruitment: it’s about retention, HR strategy, organizational design and change management. Talent management — or lack of it — can make or break a company’s growth strategy. But if you manage your talent wisely, your business will flourish.
From Deloitte
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