Making Better Decisions. That’s how we RISE.
Someone recently asked me if I think that bad people can change. My first consideration is always hope that change is possible for anyone and everyone. That may be naïve, but I’d rather pose the question, can bad people change through better decision making? The initial posit is how you define bad people. There is …
Ever made a spur of the moment purchasing decision because the item looked pretty? Or maybe you’ve made a purchasing decision based on the feeling that you were tired, hungry, or too busy to care. Perhaps you can better relate to a stock selling decision based on fear or greed. A common element that guides …
Continue reading "Do your Emotions Guide your Financial Decisions"
Managerial Accounting is used by managers to plan, implement and control various aspects of a business. Also known as Management or Cost Accounting, Managerial Accounting is concerned with the costs of manufacturing or producing products, and thus uses a specific cost classification system depending on cost behaviour, traceability, relevance and function. After you've studied through …
China has built the Huoshenshan Hospital in under 10 days. The hospital opened on the outskirts of Wuhan today and will begin accepting patients for treatment of the novel Coronavirus. The fact that this hospital was built from scratch beginning on just January 24th, is mind boggling. Consider the myriad of decisions that have been …
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The surge in confirmed cases of the Coronavirus is propelling countries to make decisions on how to safeguard their citizens and other interests. The question is, are these leaders equipped to make the right decisions, and what are their motivations? Motivation is one of the underpinning aspects of decision-making. Some countries’ decision-making leans towards the …
Continue reading "Making Decisions on Bringing Citizens Home from Wuhan"
Can the Novel Coronavirus become a pandemic. Check this chart to see the predictive increase in spread in China.
Here's a quick quiz on cost classifications. As you take the quiz ask yourself the following questions. Does the cost change based on an activity? If it does it is a Variable Cost. If it does not, it is a Fixed Cost.Can I trace the cost directly to one unit of production? If you can …
Now that many organizations have jumped on the analytics band wagon, the ability to assess the effectiveness of analytics in relation to business success has presented itself. The problem is, although there are many reasons for using analytics to understand and drive business growth, businesses feel that analytics isn’t working for them, and here’s why …
‘Social Enterprise’ can easily be singled out as one of the buzz words of the 21st century. Google it and you end up with over 98 million results (…in 0.4 seconds. Amazing!). It’s not a new thing either. According to The Institute For Social Enterpreneurs, early use of the term can be traced back to …
Continue reading "Business is more than just about making money, right?"
The Philippines, a small southeast Asian country comprised of over 7,000 islands, is the first country in Asia to embrace the electric vehicle for public transportation. Known for its beautiful beaches, friendly people, and pristine weather, the Philippines is also a hub for industry in and around its bustling capital city of Manila, that comes …
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