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âThe era of manufacturing and farming is giving way to one of knowledge work,â says consulting firm Journyx in a piece titled âWhy project accounting?â And as the predominant kind of work has evolved over time, the knowledge of costs has evolved with it. âHunter/gatherers knew costs implicitly. Farmers invented simple...
The days are long for a business owner, and the nights are even longer. Daytime sees you working extended hours, juggling several responsibilities. When night time comes, sleep is crowded out as you wonder about the big things: where the company is headed in the long run, whether it will...
If you were to ask successful entrepreneurs for the recipe of the running of a prosperous small business, they would answer that itâs a mixture of good ideas, luck, timing, hard work and passion. But, while these are the traits that it takes to run a thriving small business, it...
Your company outsources its IT services, its legal services, and probably outsources its annual HR reporting requirements too. You outsource these non-core functions so that you can focus on what you do best: selling your product and growing your business. But for some reason you are dead set on keeping...
When you hear the words âbusiness strategyâ a set of assumptions probably come to mind. Youâll most likely imagine a meeting in a big corporate building, with a bunch of senior executives brainstorming in a large, opulent boardroom. They spend a few days holed up in their meeting room, and...
Like many South Africans, you might have noticed with some excitement a new pizza joint being opened at a store near you. It bore the red, white and blue logo of the internationally established pizza brand, Dominoâs. Those who love a traditionally American pizza would have joined the long queues...
Have you ever run out of petrol? Itâs a sinking feeling when your car suddenly begins to lurch forward, starts slowing down and eventually comes to a shuddering stop. Often, when it happens, youâre within walking distance of a petrol station. You think to yourself: âIf only I could just...
You operate in a world that is constantly changing, where the future is difficult to predict. Your weeks are bogged down with scheduled meetings and to-do's. With all of these demands pulling you in different directions, you might begin to ask yourself: how important is it to compile a regular...
âMoonshot!â: the title of the book written by the former chief executive of Apple and PepsiCo, John Sculley. Itâs a word familiar to those who frequent Silicon Valley circles, and those who worked in the white house under John F. Kennedy. It is derived from the then US Presidentâs vow...
