Insights: Construction Materials Turnaround

Construction Materials Turnaround

Construction Materials Turnaround SiteConstruction materials factory | 250-person company specializing in fabrication of decorative stone, with Jiangsu-based factory, remote warehouses in 4 Chinese cities and sales offices in 12 Chinese cities. Duration3 years | April 2012 – February 2015. BackgroundAfter a period of disappointing results and on the backdrop of poor accountability, the owners (a […]

Insights: Furniture Manufacturer Straining Under Rapid Growth

Furniture Manufacturer Straining Under Rapid Growth

Furniture Manufacturer Straining Under Rapid Growth Project:Interim financial management | interim CFO, internal review team and information systems advisory. Site:Furniture factory | 300-person factory in Shanghai for children’s furniture, selling domestically and for export. Duration:5 months | May – September 2016, plus follow-up visits. Background:Urgent need for upgrade of business processes to support continued growth […]

Insights: Rules are Dead, People are Alive, This is very Simple.

Rules are dead, people are alive, this is very simple.

Rules are dead, people are alive, this is very simple. Jenny YipProject Manager – ECFO Services LTD In 2014, a Shanghai TV reporter conducted a two-month-long undercover investigation into OSI Group’s Shanghai meat processing plant. The reporter exposed gross violations of hygiene standards on the meat packing lines that were primarily caused by the workers […]

Insights: Getting Your Business Back on Track – COVID-19 edition

Getting Your Business Back on Track – COVID-19 edition

Getting Your Business Back on Track – COVID-19 edition Jenny Yip Project Manager – ECFO Services LTD This article is part III in ECFO’s multi-part crisis planning series. Parts I and II focused on scenario framing (“Modeling to Plan through a Crisis“) and assumptions for scenario analysis (“7 Tips for Defining Scenarios During a Crisis“), […]

Insights: 7 Tips for Defining Scenarios During a Crisis: Covid-19 edition

7 Tips for Defining Scenarios During a Crisis: Covid-19 edition

7 Tips for Defining Scenarios During a Crisis: Covid-19 edition Jenny YipProject Manager – ECFO Services LTD This article is part II in ECFO’s Covid-19 crisis planning series. Our last article, “Modeling to Plan Through a Crisis: The Covid-19 edition”, stressed the importance of using modeling as a tool for crisis planning. Particularly we covered […]

Insights: Modeling to Plan Through a Crisis: The Covid-19 edition

Modeling to Plan Through a Crisis: The Covid-19 edition

Modeling to Plan Through a Crisis: The Covid-19 edition Jenny YipProject Manager – ECFO Services LTD The current coronavirus outbreak has generated a massive impact on the world’s economy, and many companies are facing significant challenges, such as a decrease in demand, supply chain disruptions, and workforce shortages. The measures that companies take to mitigate […]

Insights: Three Common Pitfalls Killing Your China Business

3 common pitfalls killing your business in china

Three Common Pitfalls Killing Your Business in China By Tim LambDirector at ECFO Financial controls and standard operating procedures are mission-critical for scalable businesses. While getting employee buy-in is often the difference between success or failure with any new system, China offers its own hurdles to the mix. Here are three typical mistakes you should […]