Taking over affairs
Posted: Wed Jan 22, 2025 4:58 am
The main goal at this stage is to understand whether your department is well organized or not. Your management is used to working the way the predecessor organized it. Therefore, if it worked well and showed great results, we do the same at first.
At the same time, we find out what he did every working day, week, how he set tasks and in what form he required a report and from whom. What was important and unimportant, which of the croatia telegram database employees can be relied on.
I believe that you shouldn't immediately break something that is well organized. After all, in this case, you will encounter negativity from your subordinates, which can reduce their efficiency. Make changes as soon as you get used to it.
Audit of current processes
In the first working days, it is necessary to conduct an immediate audit of current problems, identify issues that can paralyze the company's activities: lack of money, unpaid taxes, account seizure, outstanding loans, etc.
By the end of the first month of work, you can determine a starting point for yourself, that is, record the situation and indicators from which you begin. At this stage, you can already find simple solutions and demonstrate 2-3 early achievements.
I had a case: when I came to fintech and it turned out that the capital adequacy ratio (CAR or Capital Adequacy Ratio) was approaching critical. It was vital to prevent a decrease and eliminate the risk of revocation of the banking license.
One of the quick solutions I saw was cost reduction. To do this, I developed a project plan and assembled a working group: IT, finance, accounting, legal. As a result, by the end of my first month on the job, we had reduced operating expenses by 15%, and also developed additional measures to maintain sustainability in the future.
At the same time, we find out what he did every working day, week, how he set tasks and in what form he required a report and from whom. What was important and unimportant, which of the croatia telegram database employees can be relied on.
I believe that you shouldn't immediately break something that is well organized. After all, in this case, you will encounter negativity from your subordinates, which can reduce their efficiency. Make changes as soon as you get used to it.
Audit of current processes
In the first working days, it is necessary to conduct an immediate audit of current problems, identify issues that can paralyze the company's activities: lack of money, unpaid taxes, account seizure, outstanding loans, etc.
By the end of the first month of work, you can determine a starting point for yourself, that is, record the situation and indicators from which you begin. At this stage, you can already find simple solutions and demonstrate 2-3 early achievements.
I had a case: when I came to fintech and it turned out that the capital adequacy ratio (CAR or Capital Adequacy Ratio) was approaching critical. It was vital to prevent a decrease and eliminate the risk of revocation of the banking license.
One of the quick solutions I saw was cost reduction. To do this, I developed a project plan and assembled a working group: IT, finance, accounting, legal. As a result, by the end of my first month on the job, we had reduced operating expenses by 15%, and also developed additional measures to maintain sustainability in the future.