Get Your Firm Communicating!
If your firms suffers from the “it’s always been done that way” syndrome. Listen up. Companies that are making their mark and pushing the industry envelope are finding that encouraging innovation at all levels of the organization can really affect the bottom line.
Best Practices LLC's recently updated report, "Knowledge Management of Internal Best Practices," profiles innovative methods used by world-class companies to communicate best practices internally.
The consulting group interviewed over 50 leading companies to find out what “best practices” are really making a difference. One program case study that made a big difference was at a GE Appliances plant. The plan enabled that business unit to reduce inventory by $200 million and increase return on investment by 8.5 percent.
World class companies are certainly making the most of its knowledge capital at every level within the organization. The study provides recommendations for how to create a best practice-sharing culture through all levels of the organization, how to use both external and internal sources to find best practices, and how to capture that knowledge and communicate it to all employees.
Knowledge Management of Internal Best Practices is available for $500. View the report or for more information, contact Adam Bianchi at email@example.com or 919-403-0251 ext. 230.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.