Wednesday, February 26, 2020
Reflective paper Essay Example | Topics and Well Written Essays - 500 words - 7
Reflective paper - Essay Example I proceeded onto Payco America under external consulting roles for 12 years, training, customer service roles and receivable operations in healthcare, as the first female Vice President of ops. I then decided to go to Marquetteââ¬â¢s Law School. In Aurora, I assumed a number of roles: receivables, billing, business office, compliance after MUL graduation, VP operations and worked finally as a chief of staff. My current role is working with PMs, tools and methodologies of PMs, as the Chief Integration officer for outsourcing and technology division, which supports the management cycle of revenue in the sector of the healthcare (Shapiro et al, 2006). My story is to share a process measurement strategy that Aurora used in activating its strategic plan, including the method of the effort, management of the spawned projects and outcome measurement. This will encompass the purpose and intent of the process, including the annual flow of the effort and actual work effort of a team. The processââ¬â¢ purpose was to create discipline around the execution and selection of the organizationââ¬â¢s tactics that achieve target plans for patient satisfaction, employee satisfaction, quality, financial performance and growth (Shapiro et al, 2006). The process was disciplined, structured, replicable and facilitated. From the lessons we learnt, play books are completed by leader-led teams with program accountability. They take 75-90 days to be developed: including: planning, vetting/ approval, funding, and building individual actions, and culminates in a semi-annual event. This effort takes leaders, and if done well, it is part of an ââ¬Å"e ventâ⬠, and commissions a commitment. Playbook creation involved: the overarching charter which described the teamââ¬â¢s game plan, the timeline which demonstrated the launch and duration of each individual initiative, outcome
Sunday, February 9, 2020
The Cash Flow of ABC Limited Essay Example | Topics and Well Written Essays - 1000 words
The Cash Flow of ABC Limited - Essay Example The cash flow statement provides valuable information on the quality of income and sales, dividend and interest covers, the cash available per share and the cash returns generated by the assets. These are discussed in the following sections. In addition to the quick ratio or current ratio (Monetary Assets / Current Liabilities) and the liquidity ratio (Current Assets / Current Liabilities), another very useful ratio to analyses a companyââ¬â¢s performance is the quality of income (Net Cash Inflow from Operations/ Net Profit before Interest and Tax). The quality of income ratio helps understand the companyââ¬â¢s income a little better. The net cash inflow for ABC Limited is à £155 and the Profits before interest and tax totals to à £67, thus making its Quality of Income Ratio as 2.313. This ratio helps analyze the amount of free cash that has been utilized to increase the capital expenditure. It computed as Retained Cash Flow (After Div. Paid) / Cash Paid for Acquisition. For the case of ABC Limited, the amount of money that has been invested to capital expenditures is à £ 115 and the total amount of free cash is à £134 (i.e. Net cash from Operating Activities less the tax paid less the dividends paid = 155 - 15 ââ¬â 6). Thus the capital expenditure ratio totals to 1.165%. It is clear that ABC limited has invested a high amount in capital expenditures and still there is a net increase in cash, indicating that the company has performed very well in terms of collecting the cash from the customers. The cash owing cover signifies the total amount of free cash (i.e. Net Cash income from operations less the tax, less interest and fewer dividends) that is used to settle the total owing of the company. Calculation of the cash owing cover can be done by dividing the total owing by the retained cash from operations (after dividend). ABC Limited has a total owing of à £72 m and the net free cash after dividends totals to à £134 m (155 ââ¬â 15 ââ¬â 6 ) thus making the cash owing cover to total to 0.537. Therefore the number of years to pay off debt is 0.5years or 6 months. This indicates that ABC limited can pay off the debts in a very short period.
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