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Undiscovered Diamonds for 2008: Finding the Acres of Diamonds in an Evolving Market (Certify Profile)
“For every acre of that old farm, yes, every shovelful, afterward revealed gems which since have decorated the crowns of monarchs.” From Acres of Diamonds by Russell H. Conwell

Ten Tips for Winning in a Bad Economy
Unless you have been hiding in a cave somewhere, you have heard that the U.S. economy is doing poorly. Housing starts are down, the value of the dollar is down, car sales are down, real estate is down, retail is down, gas prices are up, food prices are up, bankruptcies are up and the sky is falling. What is a person to do?

Procurement considerations when dealing with a merger? (A PI Q&A)
Network Member Question Aside from the basics of spend analysis and eliminating redundancy, I’m curious to hear of other’s experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy. What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? Paul Nilsen Purchasing Manager – Willis North America New York, NY

Managing Expenses in an Uncertain Time
When it comes to expenses, there are many arguments for both having to spend money to make money or expensing your way to a profit. No matter what theory you adhere to, every business should have some kind of expense control in place.
General Ideas on Expense Management
Budgeting and managing expenses are easily overlooked in the heat of driving sales. Here are some ideas to manage costs and possibly avoid the slippery slope to insolvency.

Other expense management Related Articles

PROGRAM MANAGEMENT PLANNING
Effective and efficient management of a contract is critical to its success. In addition, management methodology should be based on a clear understanding of the client’s requirements and past experience. Proactive management, direction, control, and motivation of project personnel are the cornerstones of successful management plans.
Procurement considerations when dealing with a merger? (A PI Q&A)
Network Member Question Aside from the basics of spend analysis and eliminating redundancy, I’m curious to hear of other’s experiences in dealing with merger/acquisitions and how the cultural elements were addressed in terms of promoting the use of preferred vendors and the adoption of expense management policy. What are some best practices to promote optimal adoption of the governing policies and procedures in the absence of spend management technology? Paul Nilsen Purchasing Manager – Willis North America New York, NY

If you JUST build it...They WON'T come!
You may be one of those frustrated companies who spent tens of thousands of dollars on your website and feel like you want to jump out the window because you are getting absolutely no results and very few visitors from that huge investment. In fact you may be viewing your site as a HUGE expense and it doesn’t feel as if that expense is ever going to deliver any revenue. Well I am here to tell you that doesn’t have to be the case.
Mistakes of a Marketing Budget Strategy
If marketing is an expense, then it should be stopped! The whole point of marketing is to increase sales, to turn a profit, to generate revenue. The whole point of marketing is to make more money! That is not an expense to your business. So often you hear of a business doing poorly and one of the first things they cut is their marketing. How are you supposed to make more money if you are not marketing?
Reduction in Force needs to be a “Surgical Strategy”
During tough economic times a reduction in force (RIF) often becomes a necessity for many companies. Let’s face it; payroll expense is probably the biggest expense for the majority of companies in business today. Unfortunately, many leaders have a tendency to panic and make across the board cuts without regard for the long term effects, including employee morale and the overall health of the company and its ability to weather the economic storm.
When Should You Seek a Home Equity Loan?
Home equity loans are a better option compared to many other types of loans as they come at lower rates. This is because the lender is able to secure the loan against your property. However, you should only take them when you have a particular expense in mind and take only as much as is required to cover this expense.
Dental Care Insurance For The Self Employed
The self-employed man or woman may have several place they can look for dental expense insurance. Dental Care insurance may be available through a group policy, a dental expense insurance alternative may be available through a medical care insurance policy they acquire directly from an insurance carrier, a standalone dental care insurance policy may be available and simply paying for care out-of-pocket is another choice.
Performance Management
A relatively new management buzz phrase, performance management, has been gaining popularity recently. Management, particularly sales management, has always been about getting results so clearly whatever sales managers have been doing prior to the emergence of this new concept should also be known as performance management. The article explains the tasks required to maximize performance.
Excel Spreadsheets for Time Tracking - Hazard or Handy Tool?
Excel, one of the more popular members of the Microsoft Office family, has been used in some pretty creative ways. A common practice is to manipulate Excel functions for employee time and expense tracking. With the potential risks for security breaches, data corruption, and inaccurate record keeping, using Excel for time and expense tracking could lead to a host of problems for organizations of any size.
All I Want is an Extra Month
How many times have you caught yourself saying, “I just don’t have the time?” Think for a moment about what you might be able to accomplish if you had a 13th month next year? Would that help you get more of the results you are looking for? Let’s take a look at “Time Management” and what that really means. We don’t need to learn how to manage time well. We need to learn how to manage ourselves well. Time management is personal management. Time management is life management. Each one of us has been given the same 24 hours in a day. Time management is what you do with the time you have been given.
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