Author Archives: Michael Katz

Goodrich & Associates

Why Your Physical Presence Matters (December 2021)

Effective management requires listening, communicating, and observing people firsthand. Virtual interactions, while certainly more convenient, can have a negative impact on results if done to the exclusion of everything else. Today’s newsletter explains, in addition to offering specific suggestions for taking full advantage of your physical presence. Read more…

Goodrich & Associates

The 5 Steps of a Financial Restructuring (October 2021)

Financial restructuring generally refers to a series of financial transactions that results in existing equity being significantly diluted and/or wiped out. It is rarely a pleasant process and, thankfully, not something most debtors have a great deal of experience with. By understanding what’s involved (the subject of today’s newsletter) and enlisting the help of qualified and experienced financial and legal counsel, you can achieve the best possible outcome for yourself and your business. Read more…

Goodrich & Associates

How to Move Quickly Along the Critical Path (September 2021)

The critical path can be defined as the sequence of tasks determining the minimum time needed to get something done. Identifying and understanding these tasks is essential to ensuring that the necessary work in your organization gets done properly and on time. Today’s newsletter examines this important concept and shares tips for managing it effectively. Read more…

Goodrich & Associates

Critical Constraints Create Opportunity Cost (July 2021)

Opportunity cost is a big picture means of looking at things. It comes down to determining the highest use and highest value of a limited resource, whether that’s time, money, production capacity, or something else. In today’s newsletter, I examine four critical constraints that create opportunity cost in the first place and share suggestions for identifying and managing them. Read more…