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Management

Individual Transport Vs. Mass Transport Since Corona

Mass transport has been among the hardest-hit sectors by the COVID-19 pandemic. As ridership numbers have continued to reduce, many operators in developing and developed countries have had to face an uncertain reality. It’s a reality about their viability in the coming days. As demonstrated by the pandemic, the right response ought to plan for […]

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Management

The Company Is Where I Am | New Workplace Concepts

According to Peter Thomson, a respected authority in the concept of future work, many organizations are still using the Industrial Age working practices to make things work in the new Information Age workplace patterns. Many of these companies operating in the new Information Age still use hierarchical command systems. In the current state if Information […]

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Management

Home is where the customer is

Home is where the customer is. The physical home is an extended home-zone, nowadays. If you want to be successful with your services, you have to reach the customer in his home where he uses his devices and sensors. More and more services are anchored at the customer-home – more services for easier coping with […]

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Management

Accounting Trends for International Businesses

Today’s accounting department must not only deal with the collection of financial information, but has to deal with non-financial information, controlling, IT and process topics to demonstrate that valid, meaningful data can be provided to various stakeholders. The increasing complexity should lead to more transparency, but accounting departments have to adapt to the new requirements. […]

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Management

Risk Management in Corporate Planning

Corporate planning is one of the most important tasks of the management and serves the presentation and calculation of possible future developments. Making the future plannable depends on a number of variables: one of these variables is risk. Risk always includes opportunities. The higher the risk, the higher the chances. Nevertheless, dealing with risk often […]

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Management

The DMAIC method to optimize support processes

Over the past decade, the framework conditions in nearly all industries have changed fundamentally. What at first glance looks like a global process of change is much more complex on closer analysis. Both the starting position, the direction and the extent of the necessary transformation processes in the industry are very different from region to […]

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Management

Optimizing invoice handling for a law firm

If a law firm wants to generate an improved cash inflow through a faster invoicing process, a simple and standardized billing process needs to be created. The optimizations should lead to a reduction of invoicing peaks and to an even billing over the year. The aim is therefore to enable a monthly billing of services […]

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Management

Internal and external controls in European companies

The reliability of the financial results of a company is of great importance, as they represent an important information for financiers, banks, business partners, etc. The financial information shall reflect the true and fair view of the assets, liabilities, financial position and profit or loss (based on the internal controls of the company). Although non-financial […]

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Management

Why You Should Double Management Positions

Doubling the management positions in different organisations is rapidly catching on as a flexible work arrangement. With the current economic realities, it is prudent for businesses to adjust to compete and grow as well. For businesses to compete on a global scale, there’s a need for responsiveness and 24/7 availability, especially in project management. Therefore, […]

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Management

E-learning tips after COVID-19

The global pandemic has affected very many sectors worldwide, and this has not excluded the education unit. Globally, thousands of schools have been closed down. This is due to the upsurge of the Covid-19 that has paralysed the learning for over five months now. Now e-learning becomes relevant for more and more people. These changes […]