Founded in January 2000 in Fort Worth, Texas, Texas Air Composites (TAC) repairs and overhauls aircraft for airlines and other private owners all over the world.
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The High-Involvement Method for Improving Financial Performance Assuring that the time and money spent on Forward Forecasting yields greatly improved financial performance is certainly one of the primary results expected from this process. A key element of financial Forecasting success is the involvement of the right people regardless of functional area, organizational position or geography.
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The race to end the accounting year is full of twists and turns. You really don’t know where you are going to end up until that final day where your year officially ends, after which you can begin the arduous process to close your books. But those twists and turns sure make life interesting to plan for.
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Over the past few months, the team at Great Game has had the opportunity to chat with several different folks in the Open-Book community. During my own conversations, I made a surprising finding; on more than one occasion, the person let me in on one key activity they were neglecting: forecasting. Many of you would agree that forecasting financials in business is a vital part of your Huddle meetings and annual planning. However, there are probably others that would share that you don't forecast at all.
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At The Great Game of Business we have the opportunity to meet lots of interesting and passionate people. Some time ago I had the opportunity to have a conversation with someone interested in Open-Book Management in a very unique business: outfitting new museums and airports with their final architectural finishes.
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