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
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.
By Taryn Abate How to manage vendors effectively when introducing a new technology to a firm. Here’s a true, all-too-common story of technology implementation gone wrong. A CPA firm on the East Coast obtained three quotes to update its mission critical server containing all its client data. When the bids came in with little difference… Read More Five Best Practices when Adopting a New Technology
By Jon Gordon Caring about customers is one of the best ways to differentiate your business and gain long-term consumer loyalty. But how can employers operationalize such a “soft” skill? Your best strategy is to teach your employees what caring about customers looks like in action and suggest specific tactics they can use. Here are… Read More Ask an Expert: how to show clients you care about their business
By Jean-Sébastien Mercier and Paul Brousseau Project management requires certain skills and resources that are crucial to the success of a project. Project management might be defined as prioritizing, scheduling, performing and supervising activities within resource constraints to produce deliverables by agreed deadlines. To some this type of management may appear to be no different… Read More Seven Steps to Successful Project Management
By Rosemary Haefner The autonomy of working from home can be very rewarding as long as it doesn’t diminish productivity. Here are a few tips to help telecommuters work as efficiently as possible: