Setting Goals
How do you work with a volunteer board to develop the Mission, Vision and Values statements for a charity in one day? You engage Fay Booker, that’s how. Last year I was invited to become the Treasurer at Ewart Angus …
Category: Management
Business Goals & Drivers
“What are your business goals? What drives your company?” These might seem to be odd questions for someone implementing your accounting software to ask, yet the answers to them will make a major difference to the success of your new …
Getting the Message Across
[source] They say that confession is good for the soul. I have a confession to make: I never understood the value of graphics in financial reporting. I never created graphs in Excel. I even thought that it was all just …
Not For Profit Red Flags
When I was considering a Controller’s position with a charity, a friend warned me that it would limit my career. “Once you move to a charity, you can never go back to a real business,” he said. The Not For …
Passionate Employees
The president of a Halifax-based company with 17 employees writes to ask PROFIT-Xtra readers: “My company is my baby. I’m very passionate about it, maybe even obsessed with it. It bugs me that most of my employees treat their jobs …
Accounting vs. Operations
Accounting versus Operations? Shouldn’t the Accounting Department support Operations? Absolutely. But sometimes, accounting results can lead to the wrong operational decisions. Let me give you a couple of examples: A client of mine sold high grade tool steel in pre-cut …