Monthly Archives: January 2010

Accounting principles are the basic assumptions, rules of operation, and essential characteristics that make up the framework for the construction of accounting financial statements. Long ago, I was perplexed to discover that there was no “set” of accounting principles that was presented in one form such as you might find in the Bill of Rights. This is not to say that the principles are incomplete or vague, it only means that the definitions of accounting principles can b...

For many people, there is nothing more fearful than change. As a result, I have witnessed people, putting up with horrible conditions rather than change. And so, it is no wonder change is considered one of the most difficult things for a business to deal with.

The corporation Apple has tendered the US patent agency with a new invention which will enable the users of sensor screen gadgets to cut, copy and paste fragments of text and work with files.

Quin Jerome is Sales Director with a clothing company. He is a talented talker and entertains major clients on a regular basis. One summer he was deputizing while the CEO was on vacation and found an entry in his planner that just said "11.00 - 12.00 Wander". The CEO's PA clarified that it meant walking the production floor to talk with the machinists. "But I don't know what to say to them!" said the gifted raconteur. Curiosity is the real key to uncovering performance tha...

The best quality improvement initiatives are driven by data! Why? How are you going to know how much you have improved if you don’t measure something? All of you have been exposed to measures in many situations. Most of them were important. In school, you were graded. Perhaps you own shares of stock; how do you measure the success of the stock—its increase in value, a measurement. How do you know if your team wins? By its score, a measurement. The fact is that many daily ...

Who created accounting principles? Who sets and revises accounting standards? What if you don’t follow all the rules, do you go to jail? Is there an accounting police force that investigates and arrests violators? It would seem that there must be some regulatory force to make sure that providers of financial statements conform to the rules. There is, up to a point, and here is how it works: Mainly, it’s all voluntary and it works pretty well. First, double-entry accountin...

If you listen carefully, you'll hear people talking about ways they can make more money. Their strategies will be different depending on the kind of work they do. I was in a convenience store when I heard the clerk tell another employee how he was putting in lots of overtime. It was long hours of work, but he was eagerly doing it to get a little extra cash on payday. Another day I was waiting in the lobby of a big corporation. I heard several executives discuss how much...

Performance Management is a system developed out of the best practice of top performing organizations to provide managers with a structured approach to the key retention criteria. Simplistically, most people will feel motivated and will want to stay in their job if their manager: pays attention to their work provides them with a job to match their skills, knowledge and experience gives them opportunities to grow and develop judges their performance objectively Most Perfor...

Work at home programs have grown in popularity in recent years. You have access to millions of people with access to the Internet.There are hundreds of programs to choose from and millions of everyday people looking to work from home. Why do some work at home programs not work out for subscribers? I don't claim to be an expert, but from my years on the Internet, experience as owner of a work at home web site; I will try my best to shed some light on this subject.