Book details

  • Genre:business & economics
  • Sub-genre:Management
  • Language:English
  • Pages:388
  • eBook ISBN:9798317848552

Post-Mortem Analysis: INDICATORS OF BUSINESS FAILURE

Companion to: OPERATIONS MANAGEMENT

By Jerry J. Marty, MD, MBA

Overview


This book is a guide, a primer, and a road map for your journey in business management and governance. It is designed to navigate and illuminate the path to achieving your goals, making for a sustainable, viable, and successful organization. Ultimately, the reader will become more insightful and nuanced when participating in the Corporate and Enterprise setting. External factors, in addition to internal financial accounting factors, especially key formulas and equations used in monitoring a business's "going concern," are a valuable resource. This work, Post-Mortem Analysis - Indicators of Business Failure (2026), is a great introduction to furthering your business career and studies, or to complement them. The wisdom and lessons contained within can be used to supplement your background in financial accounting and serve a role in your lifelong learning, or it may simply be a back-to-basics reference. Dedicated to all those aspiring to reach those lofty Corporate and Enterprise management and governance heights. This book is a Vade Mecum, an indispensable READ and reference source -when Failure is NOT an Option!
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Description


The aim of this book is to equip the reader with the skill set to succeed in stewarding the financial vitality of a Corporate and Enterprise business entity. You will need to acquire the acumen discussed in this book in order to manage and sustain a Corporate and Enterprise organization. The core of this book is business and accounting, financial signals, warning flags and Indicators, all useful for monitoring a business's sustainability and vitality and for avoiding situations where liabilities exceed assets. Failure is NOT an option! This book pairs with the author's previous Operations Management: Back to Business Basics textbook (2026). The latter was a proverbial "Glue That Keeps It Together" comprehensive business textbook from an Operations Management perspective. A complementary section (Appendix Four) in that book describes: Financial Statements and the "Numbers and Ratios you Need to Know," providing yet additional valuable information. This book refocuses the reader on the existential goal of avoiding collapse and insolvency rather than on operations management, logistics, planning, business organization, value and supply chains, capacity and inventory, resource planning, and quality management. The metaphor: The postmortem exam is used because, in pathology, much can be learned from what came before (the business legacy in this case), as well as from errors, decline, and Chapter 11 bankruptcies that signify business dissolution, which one must avoid. Indeed, the challenge is to identify the precursor dynamic conditions and red flags and Indicators, particularly vulnerabilities and liabilities, for the continuous monitoring of a business's "health."
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About The Author


Dr. Jerry J. Marty received his medical degree (M.D.) in 1976 from Wayne State University School of Medicine in Detroit, Michigan. After that, he completed six postgraduate years of training at Montefiore Hospital and Medical Center/Albert Einstein College of Medicine (Postgraduate Year 1), Strong Memorial Hospital/University of Rochester Medical Center, Rochester, New York (Postgraduate Years 2 to 3, and 5 to 6) and completed an additional year in straight Internal Medicine at Saint Joseph's University Hospital -VA Medical Center/Creighton University School of Medicine, Omaha, Nebraska (Postgraduate Year 4). An eight-week Fellowship in Forensic Pathology was taken under the direction and tutelage of Dr. Werner Spitz, Co-Author of the "bible" of Forensic Pathology—Medicolegal Investigation of Death (now in its 5th Edition, 2020) at the Detroit Medical Examiner's Office in Detroit, Michigan, lamentably a designated murder capital of the United States at that time. A Visiting Fellowship in Clinical Cytology and Fine Needle Aspiration (FNA) was subsequently undertaken in the fall of 1989 under the supervision of the world-renowned Dr. Torsten Lowhagen at the Karolinska Hospital and Institute in Stockholm, Sweden. The author is board-certified in Anatomic, Clinical, and Cyto-Pathology with sub-specialization in Fine Needle Aspiration (FNA) Cytology. He has authored several publications in peer-reviewed medical journals and two separate book chapters in his field of expertise, specifically in Cytopathology and Fine Needle Aspiration (FNA) Cytology. Among his earlier responsibilities, Dr. Marty held teaching positions at Case Western Reserve University in Cleveland, Ohio, and later at the Northeastern Ohio Universities College of Medicine and Pharmacy (now Northeast Ohio University College of Medicine (NEOMED), Rootstown, Ohio. A Master of Business Administration (MBA) degree at George Washington University, School of Business (GWSB), Washington, D.C., was conferred on May 17, 2009. Dr. Marty's most recent professional position until 2016 was as Chairman of Pathology and Medical Director of Laboratories at MedStar Franklin Square Medical Center (MFSMC), a three-hundred-seventy-eight (381) bed Joint Commission (JC) accredited hospital facility in Baltimore, Maryland (one of ten Hospitals comprising MedStar Health across Baltimore, Central Maryland, Washington, D.C., and Southern Maryland). Dr. Marty is based in the United States and enjoys Photography and Chess when not working.
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