Archive for January, 2011


Which Comes First?

I found the following post on LinkedIn to be very interesting. See my additional comments below… After over a quarter-century of working with small and mid-sized organizations to incorporate accurate and relevant activity-based cost information in their decision making processes, I’ve found the following concepts to be critical:

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Business Bigots – Ya gotta love ‘em

The past few days I’ve been observing a back and forth set of blog posts on LinkedIn. On one side is a person who appears to be an experienced and thoughtful business professional. On the other side is an expert in Lean Accounting. Both know what they are talking about.

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Cash Cows Need Respect Too

In a recent blog, a colleague wrote that individual product cost was not important in management decisions.

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You and Your Business Cost Management – Use Standard Cost or Not

Recently in a professional forum, a member blasted standard costs as being bad for business cost management. I think he was confusing a tool with how some have used the tool.

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They Said Breakeven Analysis was Simple – Not

Every so often when I was a controller, my boss would come back from a MBA class and ask for a Breakeven Analysis. Even as a consultant, clients would ask me how to do a Breakeven Analysis. Yes, in my college work, I had also listened to the same presentation. I also was thrilled with […]

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Spreadsheets Running Amuck

I’m a fan of spreadsheets in business. I remember the time when they were actually created on paper. In fact, I still have a supply of 7, 14, and even 28 column paper spreadsheets. Perhaps, I can donate them to a museum some day. For now, they can rest in peace.

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Driving by Looking in the Rearview Mirror

Over the years, while listening to various experts in different business management methodologies, I’ve often heard this driving analogy. “You would not drive a car by looking in the rearview mirror”. In fact, I’ve probably used this analogy myself.

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