You need to know the rules in order to break them successfully

Project Management

The iron rule of project management takes a minute to draw on a flip chart (see figure below) and about the same time to explain.  It’s unforgiving and unbending, but that doesn’t stop people trying to bend it all the time. The explanation runs as follows.  There are three things that matter in any project: …

Implementing ERP systems

Enterprise Resource Planning (ERP) systems are the transactional engine of medium and large organisations.  The software is clever because it integrates systems that in the not too distant past were separate and had to be stitched together.  ERP systems work seamlessly.  Why is that so good?  Because before ERP systems came along, there were always …

Activity-based costing

Activity-based a costing is an analytical tool that’s almost too powerful for its own good.  It reaches conclusions that are unpalatable because they challenge received wisdom and therefore don’t get enacted.  This tutorial will explain the power of the technique and provide practical lessons for using it. The Economics of Efficiency At the heart of …

Management Information Systems

The bigger an organisation becomes, the more important is management accounting and the information systems it relies on.  Financial accounting tells you how well the organisation as a whole is performing and that’s fine for small companies but problems arrive when a company starts to grow in size and complexity. What financial accounts can’t tell …

Benchmarking

Loved by consultants, loathed by managers, benchmarking is a powerful tool for evidence-based decision making. Look Outside The essential point of benchmarking is to look outside your organisation and see what happens elsewhere.  It sounds simple – idiotically simple – if it wasn’t for the fact that so all-consuming are the daily operations inside our …