Really good article on Capex in the Sept. 2010 CFO magazine.
David Katz summarizes the top 6 strategies to achieve improved capex performance:
1. They (the companies that are outpacing the field in capital investments) are in the right place at the right time
- health care, energy, aerospace, and business-process outsourcing industries are outpacing the general economy
2. They used the recession to plan for growth
- funding revenue growth projects now, for fewer dollars
3. They spend through business cycles
- giving competitive advantages as cycles turn
4. They are ready to move - literally
- light & portable equipment
- modular techniques in plants and facilities (eg: http://www.hermanmiller.com/Products/Modular-Walls )
5. They believe that information technology matters
- providing a "foundation for a truly global business"
- including systems consolidation, rationalization, and expansion into a common framework
6. They are focused on returns
- extreme focus on ROI, ROIC, ROA
- Capex goes hand in hand with M&A
Link to article here.
David Katz summarizes the top 6 strategies to achieve improved capex performance:
1. They (the companies that are outpacing the field in capital investments) are in the right place at the right time
- health care, energy, aerospace, and business-process outsourcing industries are outpacing the general economy
2. They used the recession to plan for growth
- funding revenue growth projects now, for fewer dollars
3. They spend through business cycles
- giving competitive advantages as cycles turn
4. They are ready to move - literally
- light & portable equipment
- modular techniques in plants and facilities (eg: http://www.hermanmiller.com/Products/Modular-Walls )
5. They believe that information technology matters
- providing a "foundation for a truly global business"
- including systems consolidation, rationalization, and expansion into a common framework
6. They are focused on returns
- extreme focus on ROI, ROIC, ROA
- Capex goes hand in hand with M&A
Link to article here.
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Posted by: United Gold Direct | August 06, 2011 at 03:43 AM