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SAJID MAHMOOD AWAN
Fellow # F-949
Serial No. 22
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WHY COMPANIES GO BUST
Incompetent Management
Lack of Planning & Monitoring
HR Mismanagement
Poor Accounting, Controlling And Reporting
Working CapitalĀ Mismanagement
Unjustified Investments
Over Trading / Unplanned Expansion
Lack of Experience, Learning And Development
Internal Politics
Lack of Fraud Prevention Procedures
Absence of or Non-Compliance of Procedures
Wrong Priority Setting
Lack of Inter Department Coordination
Non-Adherence To Technology Changes
Inefficient Production Management
Dependence on One Customer/Supplier
Non-Compliance of Government Rules & Regulations
Irrational Dividend Policy
Political/Government Factors/Law & Order
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