Blog

Risk Registers

The identification  and mitigation of risk is a key factor in organisational strategy and most risk registers favour a scoring/probability model which has widespread application in larger businesses. At SME level the perception of risk is much more intuitive merely because there is no defined risk person or anyone with full time responsibility for risk measurements… Read more »

Accounting and spreadsheets.

We have all seen spreadsheets which are overly complicated and reflect the inner workings of someone’s brain in finance and forecasting and when multiple people have access to the data and add their own calculations and formulae then it will not surprise us to know that spreadsheets can become error prone and in some cases… Read more »

Business proposals

These can take many shapes or forms, but there are some key features that produce winning outcomes There are three main areas which are common to proposals and they can be tailored to meet the intended audience create a need or identify an opportunity Provide the solution to fulfilling the need/leveraging the opportunity provide assurance… Read more »

The Language of Blockchain ( and anything else that requires hype!)

Blockchain is a word that has recently entered our language and if we gain our understanding from experience and language we relate new ideas to now familiar experiences so when the Internet came into our lives we embraced a further layer of technological language and understanding to rationalise our acceptance of these ideas. Blockchain has… Read more »

Scale and scalability

A phrase used as long ago as 1952 was ‘span of control’ and it is quite a simple concept in terms of management and leadership and the number of people you actually can influence in an organisation. In essence it has its roots in Taylorism and an idea that there is a set of principles… Read more »

project failure

1 flaky goals 2 uncontrolled variations 3 unexpected stakeholders 4 subjective measures 5 bad estimating 6 poor leadership 7 no contingencies 8 unmanaged expectations 9 poor monitoring 10 uncorrected feedback

unbalanced accounting

Generally there is no one set of information that suits every business although accountants will tell you the importance of reconciling balance sheets to the Profit and loss account- this is called the inventory method of accounting. Businesses that don’t do this on a regular basis tend to have some nasty shocks at the annual… Read more »

Business as Usual

Business as Usual (BAU) Accounting If we see the trend with accountancy and the use of AI, the terms ‘Accountant,’ Book keeper’ or ‘bean counter’ are becoming extinct as AI takes on the drudge work and ERP systems turn every operator into ‘Administrator’ There are some unintended consequences to this. Firstly, operational personnel are now… Read more »

Autocrats and and datacrats

As we head deeper into the fourth Industrial revolution, those people who design, programme and implement the hardware .software and liveware dictate the speed and direction of progress. Reward structures are more lucrative for programmers and coders than many other traditional occupations and reinforce their worth to their specific employer and society at large. What… Read more »

Profit, Time and Style

There are lots of research papers that prove the theory that leadership style, employee morale and collaborative relationships improve productivity. So why are we still looking at behaviour of leaders who ‘micro manage’ , lead by fear and are focus on short term results. The answer lies in those last three words and accounts for… Read more »