SAJID MAHMOOD AWAN
Fellow # F-949
Serial No. 22

WHY COMPANIES GO BUST

• Incompetent Management
• Lack of Planning & Monitoring
• HR Mismanagement
• Poor Accounting, Controlling And Reporting
• Working Capital  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