Much valuable management and accounting function time is invested across the country in this exercise. Does the impact of the reporting process in your organisation warrant the investment you make? The impact of a quick month end is significant. Take two hypothetical organisations with 500 staff and say 20 accounting staff. In the example shown [...]

It goes with out saying that the people in an organisation, are the organisation. Since Kaplan and Norton introduced the concept of a balanced scorecard (BSC) it has become increasingly more important for companies to track staff satisfaction and act upon those major areas of concern. Kaplan and Norton dedicated a section of the BSC [...]

Much valuable management and accounting function time is invested across the country in processing and reporting rather than advice. Do you have an accounting function that is shackled to its office meeting processing and reporting requirements? The Problem How to redress the balance when there are system constraints, people constraints, and demands from senior management. From [...]

Much valuable Human Resource time is invested fighting the “the organisation fires” rather than dealing with advisory and strategic issues. Do you have an HR function that never gets time to take its fire fighting gear off? Data from waymark solutions limited studies suggest HR functions are finding ways to spend more of their time [...]

As part of our better practice studies* we have noted the concern HR functions have over the value they are getting for their training dollar. You pay your staff for 52 weeks a year, yet many companies are only prepared to invest one week of salary, 2% of payroll costs, in training. Most of this [...]

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