Maestro*Liaison June 2008
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Construction companies are continuing to adopt the best management techniques. The regular
monitoring of indicators, defined in accordance with the company’s strategic objectives, is a
very effective approach to managing performance. When competition is strong and margins are low, it
is even more important for managers to keep an eye on key elements that affect the profitability
and success of the organization.
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Maestro recently developed a new advanced tool management module to monitor the location of tools,
but also their usage costs on each of the job sites on which they were used. By managing by profit
centre, it becomes possible to assess the cost of these tools globally and accurately, including
their management costs, on each of the projects. This also makes individuals accountable, both
users of the tools who know that the tools in their possession are strictly monitored, and profit
centre managers, who must provide reports on the profitability of their departments.
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Having quick and easy access to information when every minute counts is important. Answering or
receiving answers as quickly and efficiently as possible, at the lowest possible cost, is also
indispensable for increasing the efficiency and profitability of your work. How can you do this
effectively? Meetings are great for people in the same general area. What can you do when distance
separates you from your contact?
