Tools Required – Capability Imperative

Every task requires the right tools. Building a successful business is a task like no other. It requires a comprehensive set of tools which fit the task. Using one tool when another is required often leads to unanticipated consequences. Having the right tool...

Accounting and Finance for Non-financial Managers: Numbers for the Real World and Real Results

For many people, just looking at a column of numbers, dealing with a tax return or even balancing a checkbook brings on immediate and significant stress. Numbers, accounting and finance—egads! Even the thought of all of these numbers gives me flashbacks to the...

Throughput Accounting (TA)

A performance measurement accounting method that focuses on the rate that money is generated (throughput); the amount of money held in the system (inventory) and the amount of money needed to keep the system generating money (operating expenses).