Performance reviews are often thought of as an ordeal rather than opportunity. Dr Gerard McMahon outlines the actions to take before, during and after the review to ensure its success. For many people, the performance review process is a pain in the posterior. It is up there with a visit to the dentist in the… Read More A guide to good performance reviews
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
By Lisa van de Geyn Sure, managers have to have them all the time, but no one actually likes them. Read on to find out how to have those tough chats with your employees. While few things are more rewarding for managers than spreading good news and positive feedback at the office, not every day… Read More Difficult decisions
While Chartered Accountants are renowned for their problem solving skills, strong listening skills are equally important, writes Patricia Barker. When I was a young Chartered Accountant, I was trained, like you, to be a problem solver. I became an accounting lecturer and I taught students to solve problems. I served for 25 years as Chair… Read More Learning to listen
by Fiona Claridge Accountancy is currently one of our top growth industries in Ireland, partly due to the large wave of newly qualified graduates and postgraduate millennials entering the Irish workforce. Indeed, Deloitte has forecasted that millennials will make up 75 per cent of the global workforce by 2025 thereby forcing many sectors to evolve.… Read More Attracting and retaining millennials
Keith Goffin, a professor of innovation and new product development at Cranfield School of Management, explains the criteria by which management accountants should evaluate projects and drive innovation. Read more here. This article was originally published in CGMA Magazine.