Critical skills needed for finance to cut through complexity

Some interesting insight into the changing role of the finance professional. From communication to influencing, a management accountant’s role is more than just crunching the numbers!

http://www.cgma.org/magazine/news/pages/201410285.aspx

“The expansion of finance professionals’ roles in an increasingly complex business environment has created the need for more skills development.”

How consumers can track products at the touch of a smartphone button

How consumers can track products at the touch of a smartphone button
FOOD & DRINK INDUSTRY | THE GUARDIAN | TUE 15 APR
http://www.theguardian.com/sustainable-business/consumers-track-products-smartphone
Producers and suppliers trace and count every item they distribute. It’s time to share that information with everyoneConsumers … Read more

Managing Change Successfully

We all know change is an integral part of life and the business world. It’s the ability to adapt to change that set successful businesses apart from the rest. Look no further than BlackBerry’s $900m second quarter loss and subsequent restructure to see this case in point.

Here are two models that are frequently used to understand organisational change.

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First happy, then successful?

Great TED talk about happiness from Shawn Achor.

He posits that only 25% of job successes are predicted by IQ. We tend to think if we work harder we will be more successful. If we are more successful we will be happier.

Achor argues that every time you have a success you change your goalposts. If happiness is on the opposite side of success your brain never gets there. Our brain he continues, works in the opposite order. Be positive in the present and you perform better with more creativity, energy and productivity.

Good managers understand this and take the time to step back and recognize a team’s success, instill an environment of positivity and add meaning and context to these achievements.