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News Release

'Black Holes in Organizations' Author Ron Lutka
to speak on
'Black Holes Awaiting Canada's Financial Managers'

Talk to focus on black holes in accounts receivables
and in the global over-the-counter derivatives system.

RICHMOND HILL, ON, September 11, 2007 - Ron Lutka, author of Black Holes in Organizations, the book that investigates the internal destruction of organizations, will speak at the Treasury Management Association of Canada's 25th Anniversary Conference and Trade Show held in Vancouver, September 16-18, 2007, at the Westin Bayshore Resort and Marina. Lutka will discuss the importance of identifying and eradicating debilitating and destructive forces that plague organizations, as outlined in his book Black Holes in Organizations.

Having delved deep into organizations, Lutka acquired practical knowledge and real-life observations on how black holes (destructive forces) affect employees and destroy organizations from within. He has developed techniques and tools to help organizations identify and eradicate them.

"The indifference to simple yet essential basic activities allows an accumulation of failures to occur, particularly in the accounting functions of organizations. This harmful condition perpetuates, largely unnoticed by management. Eventually, if allowed to accumulate in volume, the damage will manifest itself on management reports, financial reports, operations and elsewhere-impairing management's goals and aspirations, and bankrupting organizations," Lutka said.

Black holes impede organizations from functioning as management intended; however, these harmful activities can be identified and eradicated by analyzing organizations at the atomic level, well below business processes, down at the level of simple actions or activities. "To eradicate destructive black holes, one must identify and then repair failed actions or activities," Lutka said. Black Holes Awaiting Canada's Financial Managers, the subject of Lutka's presentation, at the TMAC Conference and Trade Show, discloses how to identify and repair these actions and activities and eradicate black holes.

Treasury Management Association of Canada's 25th Anniversary Conference and Trade Show is the leading educational and networking opportunity for treasury and financial management professionals (www.tmac.ca/conference/index.html).

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About the Author/Speaker
Ron Lutka CMA, ACIS, P.ADM., CorpS is the author of Black Holes in Organizations and founder and President of Corporate Streamlining Company Inc., specializing in identifying and eradicating black hole-creating items. He is also the developer of Corporate Streamlining Technology, facilitator of the in-house Corporate Streamlining Technology course, and is a certified Corporate Streamliner.

Articles on Black Holes in Organizations written by Lutka have been published in Canadian Treasurer, the magazine of the Treasury Management Association of Canada, CMA Management, the magazine of the Society of Management Accountants, and Corporate Governance Quarterly, the magazine of Chartered Secretaries Canada.

Book Specifics
Black Holes in Organizations
Business & Economics / General
Trade Paperback
Publication Date: May-2007
Price: $19.95 CDN
Size: 6 x 9
Author: Ron Lutka
ISBN: 0-595-42536-4
180 Pages

To order:
Available from publisher iUniverse, Inc.: 1-800-AUTHORS or www.iuniverse.com. Also available from Ingram Book Group, Baker & Taylor, Amazon, Chapters and other online booksellers. Or visit www.blackholebook to order, or read the executive summary.


Media Contact:
Ron Lutka
President
Corporate Streamlining Company Inc.
146 West Beaver Creek Road, Unit 2
Richmond Hill, ON L4B 1C2

Full media kit and promotional copy of book available upon request.




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