Most Active Articles 2013-05-21T13:25:27.493-04:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:bottom-up-growth fj rich frich896 urn:com:businessweek:bx:article:6361557714352258284-bd661c71bd0913706666faad477ee1f6 2012-10-18T10:04:51.601-04:00

Research shows that amongst the FTSE350, non-labor costs consumed five times more revenue than labor costs. However, certain sectors stand to gain more from this reduction...

Research shows that amongst the FTSE350, non-labor costs consumed five times more revenue than labor costs. However, certain sectors stand to gain more from this reduction... http://info.proximagroup.com/buyingBlog/bid/90964/The-changing-nature-of-business-pt-4-sources-of-profitability Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:13391774021965607334-097f19f67efcb8ad0a9213c4df9820ae 2013-03-21T08:38:37.063-04:00

In a recent interview, Clive Rees (CPO of Ladbrokes) discusses the changing role of procurement in supporting mergers and acquisition, driving greater value from suppliers and ensuring greater focus on understanding the overall business.

In a recent interview, Clive Rees (CPO of Ladbrokes) discusses the changing role of procurement in supporting mergers and acquisition, driving greater value from suppliers and ensuring greater focus on understanding the overall business. http://www.proximagroup.com/source/sure-bet-better-business-ladbrokes Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:1946987848000482603-70856c50c6c318e5574bcc0f38859cf6 2012-10-18T09:58:00.688-04:00

Supply chains are complex – and opportunities for optimizing them look limited to those who were instrumental in their design. But when you know where to look, there are always openings.

Supply chains are complex – and opportunities for optimizing them look limited to those who were instrumental in their design. But when you know where to look, there are always openings. http://info.proximagroup.com/buyingBlog/bid/90894/Why-labor-isn-t-working-as-a-way-of-boosting-struggling-earnings Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:13768118391171240161-7d8e52734621eba2003bf7b07f8f2a6f 2013-03-08T12:14:28.728-05:00

There are some strict rules about the scope and execution of statutory audit. Interestingly, while there are now stricter rules around auditor independence from management and limits on non-audit services an auditor can provide, many of the issues that scarred audit then still linger.

There are some strict rules about the scope and execution of statutory audit. Interestingly, while there are now stricter rules around auditor independence from management and limits on non-audit services an auditor can provide, many of the issues that scarred audit then still linger. http://info.proximagroup.com/buyingBlog/bid/95931/Who-is-the-customer-of-the-audit Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:7979320871965930186-e15dea8f42864835187b77ab667afcff 2012-10-23T06:08:20.585-04:00

In our discussions with Finance, Operations and Procurement executives, we hear a great variety of opposing opinions and beliefs around procurement outsourcing. There’s clearly a lot of confusion out there – and that’s not a good thing. This series aims to dispel some myths. And to set the record straight.

In our discussions with Finance, Operations and Procurement executives, we hear a great variety of opposing opinions and beliefs around procurement outsourcing. There’s clearly a lot of confusion out there – and that’s not a good thing. This series aims to dispel some myths. And to set the record straight. http://info.proximagroup.com/buyingBlog/bid/91102/global-myths-of-procurement-outsourcing-new-series-introduction Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:17887189476611116964-90fc0171fa0199ade4b648648475ff79 2012-11-09T10:35:53.376-05:00

Despite Energy firms telling industry analysts they're “squeezing competition”, why aren't we seeing basic economic rationale applied to pricing?

Despite Energy firms telling industry analysts they're “squeezing competition”, why aren't we seeing basic economic rationale applied to pricing? http://info.proximagroup.com/buyingBlog/bid/91813/Sector-Spotlight-Energy-pt-1-the-rise-and-rise-of-an-industry?Preview=true Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:13967623734409516074-01a2f852e87e695efaa2ec93b7084a3b 2012-10-10T11:24:46.974-04:00

Proxima, a leading international provider of procurement services, invites you to a webinar around its recent research study, The £10 billion profit opportunity on 21 November 2012.

Proxima, a leading international provider of procurement services, invites you to a webinar around its recent research study, The £10 billion profit opportunity on 21 November 2012. http://info.proximagroup.com/buyingBlog/bid/90649/proxima-to-analyse-findings-from-major-research-study-in-online-webinar-session?source=Blog_Email_[Proxima%20to%20analyse%20f] Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:4351142668328468439-229888a7674bcc8161be40af626b596f 2012-11-22T12:18:09.474-05:00

Successful procurement outsourcing hinges on a provider’s ability to successfully engage with stakeholders. You can have the world’s best sourcing engine, but it’s nothing if it doesn’t engage well with the business, and deliver what the business needs.

Successful procurement outsourcing hinges on a provider’s ability to successfully engage with stakeholders. You can have the world’s best sourcing engine, but it’s nothing if it doesn’t engage well with the business, and deliver what the business needs. http://info.proximagroup.com/buyingBlog/bid/92394/Global-myths-of-procurement-outsourcing-Myth-3-PO-damages-stakeholder-relationships Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:8617438538247556807-0bd7f1a1c52b68335da141526af1cd15 2012-11-13T20:31:15.232-05:00

Exponential growth in demand for health care is expected in developing countries - presenting huge opportunities for manufacturers who align products to local communities.

Exponential growth in demand for health care is expected in developing countries - presenting huge opportunities for manufacturers who align products to local communities. http://www.innovationexcellence.com/blog/2012/10/30/innovating-medical-devices-for-the-next-growth-market/ Dru Sturgess dsturgess259 0 0 0 0 urn:com:businessweek:bx:article:806888695995258689-3181a8d3c55a0cda1777cc245db858ef 2013-03-27T10:26:00.336-04:00

Supplier relationships are obviously vital to a sound procurement strategy. But for betting giant Ladbrokes, keeping internal stakeholders close is just as important.

Supplier relationships are obviously vital to a sound procurement strategy. But for betting giant Ladbrokes, keeping internal stakeholders close is just as important. http://info.proximagroup.com/buyingBlog/bid/96687/ladbrokes-chief-procurement-officer-bets-on-stakeholder-management Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:3462516168688226932-ee89620b4034e961afef49bd8391af72 2013-03-14T05:50:48.961-04:00

UK Budget, US Sequester and Chilly Winds From the EU - a troubling trio for global businesses.

UK Budget, US Sequester and Chilly Winds From the EU - a troubling trio for global businesses. http://info.proximagroup.com/buyingBlog/bid/96175/The-Troublesome-Threesome Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:3258213636930065599-694183ea030c4fe9a5403b1b2a5e28e1 2012-10-09T06:28:23.646-04:00

More than £10 billion in annual profits could be unlocked for FTSE-350 companies through just a one percent reduction in operating costs, recent research has found.

More than £10 billion in annual profits could be unlocked for FTSE-350 companies through just a one percent reduction in operating costs, recent research has found. http://info.proximagroup.com/the-10billion-profit-opportunity Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:8538496766715040705-9ed9f59a232f4697aedbf8c4e82bc464 2012-09-18T08:04:54.220-04:00

Over £10 billion in annual profits could be unlocked for FTSE-350 companies through just a 1% reduction in non-labour costs

Over £10 billion in annual profits could be unlocked for FTSE-350 companies through just a 1% reduction in non-labour costs http://info.proximagroup.com/buyingBlog/bid/89598/1-drop-in-operating-costs-could-unlock-more-than-10-billion-in-profits-for-the-FTSE-350-study-finds Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:13583423168845444196-eec027f6af6a012c6f8b807aaa177a5a 2013-03-11T14:22:26.086-04:00

Internet giants are not only shaping creative business models, they are reinventing the way to manage computer science, and moreover, to better their human capital. As their new products are intrisincally linked to computing, their reengineering unfolds new tremendous paths for innovation.

Internet giants are not only shaping creative business models, they are reinventing the way to manage computer science, and moreover, to better their human capital. As their new products are intrisincally linked to computing, their reengineering unfolds new tremendous paths for innovation. http://www.innovationexcellence.com/blog/2013/01/27/10-secrets-internet-giants-share-about-growth/ Dru Sturgess dsturgess259 0 0 0 0 urn:com:businessweek:bx:article:15333974449819469701-72e6dd6a6de46b0dd3081b8bc2abfc0a 2013-01-22T05:05:39.840-05:00

New regulations, a more unpredictable environment, more severe risks... The Financial Services industry clearly needs to be fast on its feet right now.

New regulations, a more unpredictable environment, more severe risks... The Financial Services industry clearly needs to be fast on its feet right now. http://info.proximagroup.com/buyingBlog/bid/94281/all-change-in-financial-services Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:9549196386193946497-8b55a107e1a634fc659712dd7f2fd066 2012-10-16T20:49:36.241-04:00

I like writing about tech companies, such as Apple and Facebook, because they show how fast you can apply innovation and grow - whether it is technology, business process or new best practices. But many people aren't in the tech industry, and think innovation applies a lot less to them.

I like writing about tech companies, such as Apple and Facebook, because they show how fast you can apply innovation and grow - whether it is technology, business process or new best practices. But many people aren't in the tech industry, and think innovation applies a lot less to them. http://www.innovationexcellence.com/blog/2012/10/11/even-you-can-innovate-to-grow-learn-from-skanska/ Dru Sturgess dsturgess259 0 0 0 0 urn:com:businessweek:bx:article:369660847820911610-a293d990c11e1e26ce527debb0d6a719 2013-04-24T10:02:41.390-04:00

A new realization has dawned that deploying retrograde cost management philosophies can only achieve a limited benefit, suggestions for cost managers

A new realization has dawned that deploying retrograde cost management philosophies can only achieve a limited benefit, suggestions for cost managers http://info.proximagroup.com/buyingBlog/bid/97537/Managing-cost-to-generate-growth-and-unlock-competitive-advantage Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:16024610126910927458-1d11678c028c7ffcc18db9be5f4e9120 2013-03-08T11:57:11.813-05:00

CEO compensation is more than a trendy business topic that surfaces every now and again. It has become, particularly of late, THE reigning business topic. It is a subject dominating headlines and claiming publications’ covers. As a result, CEO salary has become its own, unique brand of business ‘celebrity.’ The spotlight shone on CEO pay has revealed the extent to which the controversial subject has been met with critique and even vitriol. Beyond its inherent symbolism, is CEO pay even an argument worth having?

CEO compensation is more than a trendy business topic that surfaces every now and again. It has become, particularly of late, THE reigning business topic. It is a subject dominating headlines and claiming publications’ covers. As a result, CEO salary has become its own, unique brand of business ‘celebrity.’ The spotlight shone on CEO pay has revealed the extent to which the controversial subject has been met with critique and even vitriol. Beyond its inherent symbolism, is CEO pay even an argument worth having? http://chiefexecutive.net/the-celebrity-of-ceo-salary Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:12764142944521540388-258220990ed8346d276789389971b29a 2013-05-15T05:36:25.581-04:00

Cost management techniques have been quietly evolving in the back offices of financial services businesses. It’s time for the new model to emerge.

Cost management techniques have been quietly evolving in the back offices of financial services businesses. It’s time for the new model to emerge. http://info.proximagroup.com/buyingblog/bid/98203/evolutionary-cost-management-in-financial-services Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:11835022971351324836-035f46d013bca607ed12ecb251443f99 2012-11-05T12:49:44.148-05:00

The ROI from procurement outsourcing is greater than most other investment decisions senior executives can make. Typically, it generates a ROI in the first few years of 15-20 times, and sometimes even more.

The ROI from procurement outsourcing is greater than most other investment decisions senior executives can make. Typically, it generates a ROI in the first few years of 15-20 times, and sometimes even more. http://info.proximagroup.com/buyingBlog/bid/91648/Global-myths-of-procurement-outsourcing-Myth-2-The-ROI-from-PO-is-insufficient Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:18265718920142846365-4f6fab56c4b85dea79a08ba65113b1b9 2012-12-17T03:52:55.341-05:00

bootstrapper... here is my Top 10 list of Fiverr gigs you can make use of to help you grow your business - on a budget!

bootstrapper... here is my Top 10 list of Fiverr gigs you can make use of to help you grow your business - on a budget! http://www.bizpenguin.com/10-quality-fiverr-gigs-that-can-help-you-and-your-small-business-grow-120/ Ivan Widjaya iwidjaya482 0 0 0 0 urn:com:businessweek:bx:article:966359579366312449-6e9cf7470fdd10ad4c2ea48623abc935 2012-10-15T05:40:11.701-04:00

If you talk to a CFO about ‘costs’, you’ll be listened to. It’s clearly the CFO’s area of responsibility. Yet if you talk about ‘procurement’ to a CFO, in most cases you will get very little air time. And yet, they’re the same thing. How has this situation come about?

If you talk to a CFO about ‘costs’, you’ll be listened to. It’s clearly the CFO’s area of responsibility. Yet if you talk about ‘procurement’ to a CFO, in most cases you will get very little air time. And yet, they’re the same thing. How has this situation come about? http://info.proximagroup.com/buyingBlog/bid/90700/The-changing-nature-of-business-pt-3-Who-s-really-responsible-for-cost-management Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:16481027668527902411-da41adec8be71025b073e89d03b814be 2012-09-07T06:15:24.469-04:00

Business’ cost structures are changing. Labour & capital costs used to account for the majority of expenditure - 3rd party costs however, have exceeded them several times over.

Business’ cost structures are changing. Labour & capital costs used to account for the majority of expenditure - 3rd party costs however, have exceeded them several times over. http://info.proximagroup.com/buyingBlog/bid/89169/The-changing-nature-of-a-business-cost-base Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:15631132636300376963-d2e08ed70fc74ef417f2edf8575ac55b 2013-02-12T08:46:52.135-05:00

Despite today’s announcement of the shedding of 3,700 jobs at Barclays as part of a strategic review, it’s very refreshing to hear in CEO Antony Jenkins’ rhetoric that Barclays is attempting to shift to a more long term perspective on how the business is managed, including a deliberate shift towards a more service orientated culture. If they are able to deliver on this, it may well represent a turning point in the Financial Services sector. However, to pull it off is going to require an holistic review of all areas of the business and its culture. Whether there is substance behind these claims, only time will tell. But the early signs are positive.

Despite today’s announcement of the shedding of 3,700 jobs at Barclays as part of a strategic review, it’s very refreshing to hear in CEO Antony Jenkins’ rhetoric that Barclays is attempting to shift to a more long term perspective on how the business is managed, including a deliberate shift towards a more service orientated culture. If they are able to deliver on this, it may well represent a turning point in the Financial Services sector. However, to pull it off is going to require an holistic review of all areas of the business and its culture. Whether there is substance behind these claims, only time will tell. But the early signs are positive. http://info.proximagroup.com/buyingBlog/bid/95213/Is-Barclays-getting-holistic Proxima Group pgroup661 0 0 0 0 urn:com:businessweek:bx:article:1492655254484705491-adb41782e4cfb5a048a99310d177cf62 2012-12-12T07:10:15.437-05:00

Recapping on a recent live discussion, this post highlights some implications from our latest research - The £10 billion profit opportunity.

Recapping on a recent live discussion, this post highlights some implications from our latest research - The £10 billion profit opportunity. http://info.proximagroup.com/buyingBlog/bid/92978/Business-has-changed-Has-yours Proxima Group pgroup661 0 0 0 0