Profitability

In many organisations, people who calculate profit get more importance over people who earn profit for the organisation.This is how cost of finding out cost becomes more and profits are eaten away.However, people who earn profit for organisation are quite often reluctant to pay attention to keeping records and thus unable to prove themselves.

If people who earn profits for organisation are able to prove themselves, not only profits but also profitability shall get improved.Record keeping of all important good and bad happenings shall help improve utilisation of all resources efficiently and effectively and in turn shall improve operational efficiency of the organisation. This is what the management wants.