consulting

Emphasizing Precision Over Real Progress

Emphasizing Precision Over Real Progress

The Lean Accounting Movement introduced some groundbreaking changes in how we measure, report and plan for organizational costs…

  • Budgets are bad… rolling forecasts allow us to take away the cliff mentality and intend to provide a platform on which we can become nimbler.

  • Move away from full-absorption cost accounting and allocation of “monuments” to a model designed to measure “economic value added.”

  • Visual process and value-stream measurement, allowing everyone to see how an end-to-end process is performing, enabling timely response and adjustments to help both customers and productivity.

Organizational Structure Feeds Silos, Chaos and False Sense of Success

Organizational Structure Feeds Silos, Chaos and False Sense of Success

The typical organization today is led by decision makers who are “vertical” silo owners. The organizational chart, reinforced by traditional budgeting and yes, even forecasting methods, results in decision makers who are structurally encouraged to think only within their own departmental scope. All too often doing so without insight into or knowledge of what would create increased value for the customer or capture new markets who have unmet needs.

A Ton of Waste

A Ton of Waste

Isn’t it sad to admit that the primary functions of finance are, by their very nature, a ton of waste?

As a CPA and information systems consultant, I remember when I realized that I was seen as the “enemy” of the LEAN experts. Management/cost accounting had become mired in the mud –actually driving wasteful recording, stuck in details that represented “muda” (waste) on the plant floor, adding no value to the customer, to the product or ultimately to the mission or objectives of the company.

Things You Should Know Before Hiring a Consultant

Things You Should Know Before Hiring a Consultant

In my experience, I have found companies that once had a successful system or process but due to growth or major personnel changes, the process no longer yields the desired results. That’s where an experienced business consultant comes in. The trained professional can offer a fresh set of eyes and bring out change to a broken process. The fact that they are engaged as an “expert” in a certain discipline they have instant credibility with the people they will be working with. Additionally, along with experience they bring certain tools or proven methods so there is no need to reinvent the wheel.

Benefits of Business Consulting

Benefits of Business Consulting

With a title like the above, you might be expecting me to give you a list of 6 or 8 benefits of business consulting.  Rather than a laundry list of benefits, let me explain the process that will allow you to maximize the use of business consulting.  In today’s complex world the consultant is often not the expert.  Who can be an expert on so many areas and subject matters?  The consultant is proficient in a process that will identify the issues and resources needed.  The benefit of consulting, then, lies in this process instead of specific expertise.