avp

Common Exception Management Framework

The Common Exception Management Framework is a solution developed to assist organisations in the centralised and consistent management of issues and exceptions raised through the course of automated workflow and business processes, system-to-system data integration and even trading partner integration solutions (such as EDI).

This is essential for organisations wishing to adhere to governance models, regulatory guidance or Sarbanes-Oxley.

When to divest support services - McKinsey Quarterly - Corporate Finance - Performance

Most companies periodically review their operations to identify businesses that can be divested to raise capital for new opportunities. But most of these companies overlook the potential in selling their support service units, tending instead to focus on cost reductions for them.

Our research finds that these services are sometimes prime candidates for divesting. We looked at 30 recent transactions and discovered, on average, an immediate cash injection of 250 percent of book value, as well as cost savings of up to 40 percent.

The McKinsey Quarterly - The new normal

Interesting article by former Worldwide Managing Director Ian Davis at McKinsey & Company.