Enigma Solution

One of my consulting clients recently asked me, "What is the leading cause of business failure or organisational collapse?  Research by many prestigious institutions like Dunn & Bradstreet show that the leading cause of organisational failure is bad cashflow management. Even hard work, sincerity, passion, talent, technology, great products, good markets etc. cannot save an organisation which has poor cashflow management. Sales is Vanity, Profit is Sanity, Cashflow is Vitality. __________________________________________________ What is cashflow? Simply explained it is the amount of cash that actually flows in and out through the accounts of a business. It represents the liquidity of funds within a business and in a sense the fuel that allows the business to keep running. _______________________________ Tiny or very large, more than 85% of all enterprises that fail globally, do so because they were unable to manage cashflows effectively. ...

In life its not sufficient to be merely efficient but to also be effective. Someone once asked my father Man Singh ji, 'What is the secret of your success?'  He remarked, "I do not always make right decisions. I make decisions, and then almost always make them right" Read more ..........