Category Archives: Six Sigma

FEATURE: The Wisdom Of Integral Management Vs. Corporate Narcissism

First Meeting

Meetings: Corporate Narcissism? (Photo credit: lhl)

by Mats Eriksson

You have probably already heard this ancient wisdom tale: There was once a king who wanted to marry off his daughter. Naturally he wanted to find a smart and wise son-in-law. So he arranged a test for all her suitors. They had to go into a dark room and determine what was in it. Continue reading

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Filed under Analytics & Metrics, Balanced Scorecard, Business Intelligence (BI), Business process analytics, Business Process Management, Business Process Re-engineering (BPR), Collaboration, Consultancy/Consulting/Systems Integration, Enterprise Resource Planning (ERP), Internal Controls, Management, Management Science, Planning & Forecasting, Policy Management, Six Sigma, Total Quality Management (TQM)

Businesses boot out banks as ‘trust’ collapses

Cleaning up JPMorganChase

(Photo credit: Truthout.org)

Survey finds SMEs divorcing bank managers

By ECM Plus staff

ECM Plus /London/ +++ Bank managers are being ditched and divorced, as accountants, lawyers and finance directors become the most trusted financial advisers, according to new research into small to medium-sized enterprises.

The new research of 1,000 British small to medium-sized companies by Hitachi Capital Invoice Finance looked at SMEs attitudes and how they really felt about who they trust to keep their business on track. Continue reading

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Filed under Accounting, Analysis, Asset management, Balanced Scorecard, Beyond Budgeting, Budgeting, Business Continuity, Business Risk, Capital Management, Contingency Planning, Finance, Legal, Planning & Forecasting, Private Finance, Risk Analysis, Risk Management, Six Sigma, Trade & Investment

Finance reports ‘out of date’ and ‘inaccurate’ – survey

Stack 'em high

Stack ’em high (Photo credit: ant.photos)

46 per cent of finance departments believe reports they produce are never used

By ECM Plus staff

ECM Plus /London/ +++ Nearly half of managers and directors view reports produced by someone else no more than once per week. An alarming 46 per cent of finance professionals believe that they produce reports that are never used and 63 per cent believe that senior managers should make more use of financial information. Continue reading

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Filed under Analysis, Balanced Scorecard, Beyond Budgeting, Budgeting, Consultancy/Consulting/Systems Integration, Document asset management, Document Automation, Document Management, Finance, Forms management, processing, eForms, Governance Automation, GRC (Governance, Risk & Compliance), Output management, Planning & Forecasting, Records Management, Reporting, Six Sigma

LATEST FEATURE: Morale versus execution – the great debate

Sale In A Sale Shop Selling Sale Signs

Esprit de corps or hive-minded automata? Picture: justified sinner

BY JOHN TREACE

Morale-the esprit de corps or “spirit of the body”-is the capacity of a group of people to hold a common spirit of loyalty and comradeship.

We think of morale as being deep-seated in the psych of the individual or group. Execution, on the other hand, is the process of reaching an objective as the result of performance. A team’s ability to execute is more of a surface measurement that’s easily evaluated by an outside observer. Continue reading

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Filed under Analytics & Metrics, Business Intelligence (BI), Business process analytics, Business Process Management, Consultancy/Consulting/Systems Integration, Enterprise Resource Planning (ERP), Features, Six Sigma, Total Quality Management (TQM)