Effective management accounting practices can improve decision-making in organizations, which need sound fundamentals but also speed when trying to decide which strategic paths to follow. In short, ...

Over four decades of leading teams in Fortune 500 companies and entrepreneurial ventures, I’ve seen these five principles ...

In 1916, a French coal mine director named Henri Fayol wrote a book entitled "Administration Industrielle et Generale," which set forth five distinct functions of managing that Fayol insisted were ...

What's the logic behind popular management theories? Discover the pros and cons of these theories in our detailed guide.

The conventional view of a manager is someone who controls and directs his employees. Management theorists still cite controlling as one of the four management functions. Despite this label, ...

The principles of lean manufacturing have proven their effectiveness across various industries, and the project management domain is no exception. The integration of lean principles into project ...

This represents a waterfall type of approach to project planning, where one phase flows into the other. It works well for certain industries such as construction and manufacturing, but it is less ...

This article is written by the Chartered Institute of Supply Chain Management – Ghana (CISCM), of which I am an Eminent Member and Subject Matter Expert on Innovations & Business Development. The Core ...