Planned maintenance is a preventative measure used to maximise capital investment. After all, you want your assets to go the distance, don’t you? If your organisation, company or business has a reactive maintenance strategy, the consequences that relate to a lack of...
Capital is bad, and operational expenditure is good as it’s a tax write off – right? When comparing Opex vs Capex, this couldn’t be further from the truth. Most businesses, on just about every scale, will encounter the concepts of capital expenditure...
I just received my replacement wheelie bin today, after the last rubbish collection destroyed the former bin of 26 years’ service. That’s now consigned (hopefully) to the recycler’s grinder to become feedstock for new HDPE bins. At a replacement cost of $106.77,...
The current turbulent relationship between Beijing and Canberra is unlikely to become runway smooth in the near term. This raises genuine concerns for businesses in Australia. That 34% of our GDP is tied to China as our prime customer, brings serious gravity to the...
“I’m so busy…” Heard that before? Seems everyone nowadays has a life so full of important-ness and busy-ness. Its not real, it’s a comfort. Trouble is, its unhealthy and very ineffective. It is prevalent, when discussing business process improvement, turn around and...
Any organisation that owns capital assets is almost certainly wasting capital value through inefficient behaviour. Challenging statement? Sure is. A spurious conjecture based on emotion. Not at all. For example, mining and energy production companies carry large...
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