Monthly Archives: December 2018

Mike King’s Corner: Credit Procedures – Back to Basics!

Author: Mike King

Issue: December 21, 2018

QUESTION: WHAT ARE CREDIT PROCEDURES AND WHY DOES MY BUSINESS NEED THEM ANYWAY?
ANSWER: CREDIT PROCEDURES ARE THE REGULATIONS WHICH IMPLEMENT THE CREDIT POLICIES. WITHOUT CREDIT PROCEDURES, YOUR PEOPLE WILL NOT KNOW HOW TO MAKE YOUR WONDERFULLY THOUGHT OUT CREDIT POLICIES WORK.

Previously we discussed how to implement credit policies.  The next step is to implement credit procedures which are the detailed statements which make the policies function.  Credit procedures represent the daily operating instructions for the credit department to follow.  In other words, the answer to “How do I do it?” is “See your procedure manual.”

Credit procedures must be understandable to everyone in the business. 

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Grady Gammage, Jr. featured in KJZZ radio interview on water issues

On December 6, 2018, founding partner Grady Gammage, Jr. was featured on KJZZ  radio to speak about water issues in Arizona with host Steve Goldstein.

The following morning in Tempe, the Sandra Day O’Connor Institute hosted an issues and answers forum called Water in Arizona: Past, Present and Future, where Grady presented an overview of water in the state.

In the radio interview Grady discussed the forum event and how to address the issues that Arizona faces when it comes to water management.

Listen below or on the KJZZ website.

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December 2018 Newsletter

Author: Gammage & Burnham

Issue: December 3, 2018

 

Read the full Newsletter:

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