Archive for September, 2011


Simple Rules for Cost Allocation

Invariably, when the subject of costing comes up, the discussion evolves to a discussion of possible allocation bases, or ways that cost can be distributed to products. However, this polite discussion often degenerates into arguments (could we say battles) over who’s doing what to whom with product cost.

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Dynamic Business Modeling for Management Decision Making

Modern computer technology gives us the ability to model our businesses in computer software. These models enable us to view, understand and explore relationships that would otherwise be unknown or unclear. A variety of modeling techniques enables a range of possible results but also requires a range of work effort to create and maintain a […]

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Strategic Business Modeling: Part 2

Part 1 of Strategic Business Modeling addressed three prime reasons to strategically plan or strategically model your business: Communicating with Others; Fleshing out the Process; and Testing Results.

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Measure, Mark, & Cut

After many years in business, I’ve noticed that we take our management process very seriously. We make measurements, we mark them out, and we take action. To demonstrate what we often do, I’ve assembled a few simple props: a log, something to measure with, something to mark with, and something to cut with.

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