Not all businesses need (or can afford) a full-time head of finance. But, in addition to accurate and regular financial reporting, they need a strategic view of finance, whether that means budgeting, business planning, forecasting, fundraising, financial modeling, acquiring a business and so on.
Read MoreTopics: Business Improvement, team development, Efficiency
As Accountants, we like to see our Clients operating at high levels of efficiency and generating healthy profits.
Many businesses invest a significant amount in human resources including compensation, recruiting, training and benefits so it’s important to use these resources wisely.
Read MoreTopics: Business Improvement, team development, Accountability
COVID-19 has had a big impact on employment, though the impact is not yet fully understood.
No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces to better serve shareholders, customers and employees.
One thing won’t change. Most businesses will still need people to complete certain work. And some of these people will be ‘employed’ (as opposed to engaged as contractors or consultants). For now, finding employees is more competitive in most industries and businesses are working harder to position themselves as attractive employers.
Read MoreTopics: Business Improvement, team development, Employment
It’s a challenging time to be leading an organisation... but some leaders have stepped up admirably and are running thriving enterprises. There’s no formula, but let’s examine what’s driving the success of leaders now and in the coming years.
Read MoreTopics: Business Improvement, Business Planning, leadership, team development