Millennials, who are expected to make up the majority of the workplace by 2020, can offer organizations new opportunities. Liana Cafolla finds out how companies are building millennial-friendly corporate cultures to retain and attract future business leaders. As employee reputations go, they don’t get much worse than millennials’. Millennials – generally agreed to be those… Read More Motivating millennials
By Hannah Downie As a CA and ICAS policy expert, the “big issues” are never far from Bruce Cartwright’s mind. So it is fitting that his first initiative as CEO, Challenging Conversations, seeks to tackle them. For Bruce Cartwright, challenging the status quo comes with the territory of being a chartered accountant. “As a CA,… Read More What is the role of CAs in society?
The market is littered with examples of companies who have had their core business disrupted by innovations from competitors. A key lesson from observing these businesses is that organizations that are able to consistently fend off new entrants and maintain their success must constantly transform or reinvent themselves. One of the hallmarks of such organizations… Read More Why organizations should start design thinking
By Anil Kshatriya, ACMA, CGMA To reach their full potential, small and midsize companies in emerging countries must pay special attention to modernising their cost management. Companies in emerging economies that are labour-intensive and technologically under-invested must give special attention to cost management. A strong culture of cost-consciousness translates into bottom-line growth, but limited resources… Read More Modernising cost management systems in emerging economies
As you prepare for the implementation of GDPR, there are a number of practical measures to consider when it comes to processing employee data. Most accountancy firms collect and process personal data relating to their employees on an ongoing basis as part of their everyday personnel administration. Personal data processed by your firm could be… Read More GDPR and employee data
By Cecilia Locati, FCMA, CGMA Fraudsters are becoming increasingly creative. Here’s how SMEs in the manufacturing sector can guard against losses. When we think about inventory theft, we often think of a sales assistant stealing a product from a shop stockroom or an employee carrying away items from a warehouse. Although these are common forms… Read More 5 steps to prevent complex inventory frauds