Financial Analysis and Reporting with Microsoft Excel Financial statement analysis is a approach to examining and studying the business financial statements for making better financial decisions. The statements above are the income statement, the balance sheet, the statement of cash flows, along with a statement for changes in equity. Financial statement analysis is usually a … Read more
New manufacturing planning process usually requires organizations to examine a number of aspects of business operations prior to making an investment into completely new manufacturing systems. Adequate planning enables businesses to find out exactly how effective they could be using new manufacturing operations as well as how their own profitability is going to be improved. … Read more
Review of Agile Project Management Methodologies Over the years the agile project management methodology process has helped managers immensely with their business projects. The agile management process is a cycle of continuous improvement; it allows you to improve the product through each iteration development cycle. The reason for that is because it gives you the … Read more
What is agile project management Over the years we have seen different types of business methodologies being embraced by managers and executives in their organization to make it more efficient and productive. We have seen methodologies such as the waterfall method which is still effective today but it has a couple of drawbacks to it. … Read more
ABC and GAAP ABC or Activity based costing systems are not really compliant along with accepted principles in accounting. Having said that, this does not imply that ABC systems not necessarily helpful. ABC systems offer useful information for business managers, professionals, analysts and decision makers in general throughout the organization. But knowing the real similarities … Read more
What is Account Management and Why it is important Account management is the ongoing process of retaining and growing the business with your existing accounts or customers. It is widely used practice by sales reps and business managers in each and every industry and it is generally used with the top accounts or critical … Read more
Risk Management Process and Risk Management Plan What is Risk Management? Risk Management is the process of managing risk in business in order to minimize or avoid the unfavorable and uncertain events in business. Making the right business decisions, developing business plans with risk management taken into consideration and developing business management system and … Read more
Business analytics dashboard reporting and business intelligence benefits Business analytics dashboard is necessary ingredient for success of your business. The main goal of a business dashboard is to present an efficient business insight into the performance of your organization. It shows the critical success factors and KPIs in an easy to understand way by using … Read more
Multivoting tool helps teams prioritize and simplify long list of ideas after brainstorming Multi voting is actually a team decision making approach useful to reduce the amount of information to a certain workable list of ideas and items using an organized group of votes. The outcome of multivoting is usually a short list determining what … Read more