KPIs for Training and Development So we all know what a KPI is in business, and we all know the importance of them, but sometimes we all need some help defining them. That’s why we’re here to help. We understand the headache they can cause. So let’s get to being able to prevent your headache. … Read more
What is product management as a function and driving force in your business Product management is an essential part of most businesses. As business managers, stakeholders and executives, having a good product management system in place can be a proper determinant at times of whether your product succeeds or not in the marketplace. … Read more
How to Read Financial Statements and Quickly Understand Financial Results Reading financial statement can be tricky to someone with little or no knowledge of financial statements. Even the seasoned professionals require reminder on how to read financial statements. The facts about reading financial statements helps one grasp an idea of what is contained in company … Read more
What is the Blue Ocean Strategy, How to use it and Free Strategy Templates Blue ocean strategy is a business idea that gives merit to the situation whereby companies search for uncontested space within a market rather than engaging in competition with other companies. Traditionally companies get involved in vigorous fight against each … Read more
Creating Metrics in Microsoft Excel Tracking metrics is critical for the success of every manager, One of the most powerful, fairly easy to design and great data visualization improvement skills are based on excel dashboards. In excel one may decide to virtually design any dashboard according to the way they prefer it to look … Read more
Selecting and Implementing Accounting System for Small Businesses The setup of your cost accounting system will be a significant phase for your developing small business. Setup starts with recognition on the suitable costing system for your company, progresses to deployment of your structure and completes with support to teach personnel to be able to make … Read more
Free Purchase Order Templates for Excel When you are managing a company, simple track record is a must. Without having specific and reliable data, your own financial obligations tend to be extremely hard to know having any kind of accuracy and reliability. This is true mainly over any length of time. This is … Read more
Why Project Accounting Is Becoming More Important For Managers Project accounting is different than traditional accounting practices because of numerous reasons. While companies focus with their traditional accounting on the overall financial outcomes and performance, project accounting focuses on the project’s costs, timeline, milestones and execution. As organizations are becoming more competitive today, they rely … Read more
Example of Budget Variance Analysis in Excel Businesses put together budgets to allow them to plan the development in their company. Budgeted expenses let them establish price ranges, project product sales and calculate earnings. For many reasons, costs along with profits may take place higher or perhaps lower than determined. Budget variance analysis tackles … Read more