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Control or Flexibility? Structured Empowerment Offers Both - Lessons from Retail & Service Chains (Abridged)
Sandino, TatianaCaso HBS-119088-EContabilidad y controlThis note explains how several retail and service organizations use a practice described here as "structured empowerment" to balance control and flexibility as they grow. I define structured empowerment as a practice that grants employees both (a) the poDesde 8,20 €
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OXXO's Turf War Against Extra (B)
Sandino, Tatiana; Perez Cavazos, Gerardo; Lobb, AnnelenaCaso HBS-117022-EDirección estratégicaIn 2006, Mexican convenience store chain OXXO faced a threat from a formidable competitor, the rival convenience chain Extra. OXXO had embarked on an initiative to fortify its corporate culture and operating system, but the threat of Extra raised the quesDesde 5,74 €
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Your Balance Sheet Levers: Understanding and Managing DSO
Berman, Karen; Knight, JoeCapítulo de Libro HBS-6569BC-EThe key ratio that measures accounts receivable is days of sales outstanding, or DSO, and the more people who understand DSO and work to bring it down, the more cash the company will have at its disposal. This chapter discusses the steps entrepreneurs should take to understand and manage DSO. This chapter is excerpted from "Financial Intelligence for Entrepreneurs."Desde 8,20 €
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Liquidity Ratios - Can We Pay Our Bills: Learning What the Numbers Are Really Telling You
Berman, Karen; Knight, JoeCapítulo de Libro HBS-6564BC-ELiquidity ratios tell you about your company's ability to meet all its financial obligations. These ratios are particularly important to small businesses because small businesses are often in the most danger of running out of cash. The two most common ratios, and the ones examined in this chapter, are current ratios and quick ratios. This chapter is excerpted from "Financial Intelligence for Entrepreneurs: What You Really Need to Know About the N...Desde 8,20 €