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The Road to Recovery in Detroit

Buisness Facilities Contributed Content

The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. auto industry, Chrysler made a bold commitment to continue building its most profitable and recognizable vehicle in the city that long ago put cars on the map. million-square-foot plant.

Detroit 51
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Do your potential successors fit this bill? If not, move on!

PSMJ Resources

Since 2007, the percentage of employee turnover attributable to retirement or health issues has almost doubled. Yet the number of principals who have prepared ownership or leadership transition plans has actually dropped since 2007. They know how to use these systems to maximize your performance and your profitability.

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PSMJ Resources Blog: 5 Ways to Manage Your Principal

PSMJ Resources

PMs often complain that they fail to earn budgeted profits. for quality, speed, and profitability. Corporate Finance Associates blog. ► 2007. (8). Site Meter. skip to main | skip to sidebar. Tuesday, June 5, 2012. 5 Ways to Manage Your Principal. Although this lament may seem overstated, there is no doubt.

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PSMJ Resources Blog: PSMJ Tips: Branch Managers - Mini CEOs

PSMJ Resources

Successful branch office managers are good candidates because they: • Operate the branch office as a profitable entity. They’re experienced in profit accountability, since they must demonstrate and achieve financial viability as a branch. Corporate Finance Associates blog. ► 2007. (8). Site Meter.

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5 Marketing Responsibilities for Every Project Manager

PSMJ Resources

work and the firm’s finances in great enough detail that they can. Corporate Finance Associates blog. 5 Fundamental Finance Tasks for PMs. ► 2007. (8). Site Meter. Negotiate Good Fees: Just as your PMs should take on developing. the initial work plan and proposed fee, once selected (and for future.

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PSMJ Resources Blog: Effective Project Managers Need Authority

PSMJ Resources

The PM must understand finance and serve as the last bastion of the firm’s cash flow picture. • Make the planned profit on every job. Every project manager must truly understand that in order to survive (not to mention prosper), design and construction firms must generate a profit. Corporate Finance Associates blog.

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PSMJ Resources Blog: Do Small Projects Need Schedules?

PSMJ Resources

order to accelerate payments and facilitate client financing. quality, speed, and profitability. Corporate Finance Associates blog. ► 2007. (8). Site Meter. The project schedule defines when the firm is using cash and when. payments should be received. If possible, the firm should relate the. HubTrotter.