It's well-documented that micromanagement can lead to a wide variety of negative business outcomes. These typically include ...

Installing a successful management control system in a small business requires planning and the involvement of the managers and affected employees. When managers have the financial, production, sales ...

There are best practices, standard operating procedures and several types of processes in the business world. Processes help maintain order and provide guidelines for a smooth workflow. They are what ...

Every business, regardless of its size and industry, needs to have a financial controls policy in place. Its role is to provide guidance on the keeping of financial accounts and records, payments, ...

Flexibility in management: balancing uncertainty through adaptability rather than control. Managers were taught to plan — but in a world defined by constant change, plans change. Managers were taught ...

Academic research in management accounting can provide companies with insight in using management accounting systems to better achieve strategic and operating objectives. It explains or predicts how ...

The Board of Directors (the BoD) approves the risk management and control framework of the Group, including the Group and business division overall risk appetite. The BoD is supported by its Risk ...

Version control woes are still a real issue. Of course, control system integrators try to manage all the content associated with your projects, but sooner or later things can get out of hand and they ...