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ratios analysis should be done quarterly and explained for those who are not familiar with them. Plus, duplication or back up plan is a must.
Thanks Well, some managers rely on crisis management or forecasting management in big organization, otherwise within drawing the general and sides plan, clever manager should put plan B & C to avoid surprises. Whatever, most operations managers live in an ocean of changes; (Market, Competitors, Turnover, New launches, Economic & Political Situation,...) so he should to be ready for possibilities and make a virtual safe zone to recede at when necessary, that is mean when we are in the middle of implementing of a plan process and something happen, we need to, either use a plan B, C,... or change our path in order to avoid the impact until finish our plan.Safe zone requiresome or all of the following :
o Mini capital.
o Solid team.
o Flexible and Strong procedures.
o Renewable and Doable roles.
Regards
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