In the last 15 years or so, the prices of real estate in cities have risen massively. High demand leads to high prices. As a result, rents have also gone up massively. Citizens and voters complain and put pressure on politicians to change this. Anyone who has ever understood the basic rules of the market economy knows what a person in power would do now. If there is a shortage of housing, then you have to create housing to relieve the pressure of demand. But this method does not work.
If you study business at university, you will hear about profits, costs, expenses and cash flows again and again in accounting seminars. These are the variables on which one usually focuses. There is also information about optimisation measures, such as Six Sigma or Lean Management. From this perspective, one comes to the assumption that a company is only concerned with optimising processes in order to become faster and better. However, there is one factor that receives little attention, especially in small and medium-sized companies. Yet it plays a major role in the success of a company. We are talking about working capital. What is this key figure all about?
Have you ever heard of ISS Group? Probably not. You probably only know the LOGO. But even there it is only placed somewhere inconspicuously in the background. It is a dark blue circle and in it, with lower case letters, simply "iss". Hardly anyone knows what this is all about. And that is intentional. Because the advertising is only aimed at the experts anyway. But what if we told you that the ISS Group is a Danish company that has quietly risen to become one of the largest employers in the world? We show the background.