Month: February 2014

Achieve Transformational Performance Measurement

Performance Improvement

Achieve Transformational Performance Measurement

This post is an extract from Dr Dean Spitzer’s book, Transforming Performance Measurement: Rethinking the Way We Measure and Drive Organizational Success. With more than 30 years of experience helping organizations worldwide achieve superior performance, Dr Dean Spitzer is regarded as one of the leading performance measurement experts. Performance measurement has evolved over the past read more

ABC/M vs. Conventional Cost-Cutting

Cost and Profitability Analysis

ABC/M vs. Conventional Cost-Cutting

Business leaders always spend a lot of time thinking about costs and how they can reduce them, free resources for investment and improve the bottom line. The pressure to reduce costs is normally driven by cash flow position, shareholders, uncertainty, investments and the need to improve business performance. In light of the aftermath of 2008 read more

Identifying, Assessing and Managing Risks From an ERM Perspective

Risk Management

Identifying, Assessing and Managing Risks From an ERM Perspective

In his book, The Black Swan: The Impact of the Highly Improbable, Nassim Nicholas Taleb defines “Black Swans” as random and rare events that underlie our lives and business, are nearly impossible to predict and have a huge impact when they materialize. According to Taleb, “Black Swans being unpredictable, we need to adjust to their read more