Activity-Based Power App
Using ABM to set future costs can be the most valuable application of your data. The process doesn’t have to be complex and time-consuming. Some basic forecasting guidelines can increase profitability – without alienating customers.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Management
Clearing the Capacity Cobwebs
Measuring capacity has never been simple. But combining activity-based costing techniques with a model designed to assemble data in a process format can lead to powerful metrics.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subjects: Finance, Operations
Tad Leahy
ABC/M can’t tell you in which direction to point your company, but it can show you where waste exists and where more resources are required. Those facts are the basis for developing strategic plans.
Content: Quotation | Source: Business Finance Magazine | Subjects: Finance, Strategy
Cost of Being Public Soars
Accelerating the Monthly and Quarterly Closing Process
Sarbanes-Oxley Fails To Slow Fraud
U.S. Business Failures Continue To Decline
The Language of Leadership
Never confuse talking and communicating. A little self-examination about what you say – and how you say it – can mean the difference between a listener tuning you out and hanging on your every word.
Content: Article | Author: Carol Orsag Madigan | Source: Business Finance Magazine | Subjects: Leadership, Personal Development
10 Cures for Performance Reporting Anxiety
If you spend a lot of time creating reports that nobody seems to value, you may be suffering a case of information overkill. Here are some common performance-reporting pitfalls and simple solutions, such as reducing the size of reports and focusing on the key measures that best support organizational objectives.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subject: Finance
Necessary Evil
Traditional budgets are odious to business managers and, worse, can undermine a company’s strategic objectives. Here’s how progressive companies are reengineering budgeting into a value-added process.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subject: Finance
Labor Cost Differentials Across the Globe
Power Shopping at the Knowledge Mall
Executives might feel like kids in a candy store with today’s tempting array of technology tools that can help build the organizational knowledge needed to achieve strategic business goals.
Content: Article | Author: Stewart McKie | Source: Business Finance Magazine | Subjects: IT / Technology / E-Business, Knowledge Management
Courting Automation
Organizations that automate their credit and collection processes to meet business-to-business e-commerce demands reduce costs, quicken response time and improve accuracy.
Content: Article | Author: David Schmidt | Source: Business Finance Magazine | Subjects: Finance, IT / Technology / E-Business
The 7 Rules of Engagement
Companies hiring management consultants have more choices than ever before, but that doesn’t mean it’s easy to find a bargain.
Content: Article | Author: Eric Krell | Source: Business Finance Magazine | Subject: Management | Industry: Consulting
The One-Two Performance Punch
Six Sigma and business performance management systems are a dynamic combination. But few companies integrate them successfully.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subject: Management
The Experience Factor
Experiences are fast becoming a new economic entity like goods and services. Companies that understand the value customers place on experiences can differentiate themselves from competitors and increase profits.
Content: Article | Author: Shari Caudron | Source: Business Finance Magazine | Subjects: Marketing / Sales, Trends / Analysis
Joseph Pine II
Economic progress means charging for something that was once free.
Content: Quotation | Source: Business Finance Magazine | Subjects: Economics, Progress
Frank Haas
People don’t have time to seek authentic experiences, so they are looking for experiences in the products they buy.
Content: Quotation | Source: Business Finance Magazine | Subjects: Experience, Personality / Behavior