Pssst, want a stock tip that will make you rich?Okay, here it is: phone a public corporation and ask to speak with the CEO.If someone tells you that the CEO expects to be busy in meetings for the next six hundred years, call your broker and sell the stock short.Why? Any company unable to manage an activity that should last an hour is on its way down the financial tubes.Surveys show that companies waste an average of 20% of their payroll on bad meetings. And thats just the beginning of the problem. Meetings keep people away from the tasks they were hired to perform -- tasks that make money for the company and keep the business ahead of the competition.In fact, if people waste time in meetings, you can conclude that they are doing the wrong thing while they are in a meeting.Although its true that senior executives spend much of their time in meetings, you can bet that a business is in trouble if their meetings are out of control.Top executives should use meetings to develop, review, and revise strategy. If they spend their time just talking about stuff, then they are goofing off on the job.Since "bad meetings" are so wasteful, you may wonder why anyone tolerates them. Unfortunately, many business leaders think that their meetings are just fine. They even believe that theyre experts at holding effective meetings.For example, when I phone companies to ask if they would be interested in improving their meetings, I sometimes encounter an assistant who assures me that the executives believe that they hold wonderful meetings. Then the assistant snickers, coughs softly, and regains enough composure to state that they dont need my services. At this point the assistant sounds like someone on a sinking ship who is throwing a life jacket into the water.And that must make you wonder: why would any intelligent person hold a meeting that wastes everyones time and produces nothing.There are easy answers such as 1) they dont know that their meetings could be effective, 2) they dont know what an effective meeting is like, or 3) they dont know how to hold an effective meeting.But what about the rest of them? That is, what about all of the executives who know how to plan and organize and run an effective business, but still hold bad meetings?Lets dig deeper. These executives actually want to hold bad meetings because they prove to be useful. Heres how.1) They provide refuge.Bad meetings provide a sophisticated form of executive busyness. Some people find this useful because it keeps them from having to work on difficult tasks such as planning, coaching, learning, and communicating. Compared to these difficult tasks, sitting in a conference room is easy. In fact, it is so easy that a six-year old could do it, assuming you could convince the child to stay inside for such a pointless activity.Better: An effective meeting is business activity where people work together.2) They avoid responsibility.Bad meetings never end with decisions, which means that no one ends up being held responsible for doing anything. Some people find this useful because responsibility implies accountability and accountability requires results. Thus, without responsibility there is no failure and everyone appears to perform well. This masks poor performance so that everyone continues to receive raises and promotions, even when they accomplish nothing because (you guessed it) they spent all of their time sitting in meetings.Better: Effective meetings produce decisions that someone is responsible for implementing.3) They provide excitement.Bad meetings feature all of the elements of a good drama, such as conflict, tension, and pain. For example, the participants deliver self-aggrandizing reports, denigrate their colleagues, and engage in politics. Some really terrible meetings play out like pathetic battlegrounds with verbal gladiators battling for favors while the boss watches.Better: Effective meetings occur in a safe environment of respect.4) They serve food.Bad meetings become an enviable executive perk when they provide snacks, coffee, and (sometimes) meals. The attendees then use eating to offset the boredom of having to hear meaningless discussions. It also saves them the expense of having to buy food.Better: Meals should be a separate activity used to build relationships and (sometimes) rest.5) They entertain.Bad meetings resemble a party. People tell stories, trade jokes, and argue over trivia. Some meetings feature comedy performances by the office fool. Others feature humorous belittlements by the office bully. And if neither of these occurs, the absolutely unbelievable discussions amaze and entertain everyone.Better: Effective meetings use process tools to make methodical progress toward results.All of this shows why the type of meetings held in a company should be of major concern when making investment decisions. If the executives need to learn how, that can be fixed by scheduling a workshop. Then you might consider investing in the company, after they complete the workshop. If, however, the executives hold bad meetings to avoid fundamental leadership responsibilities, you should seek other investments.
Nearly every office, be it commercial or home-based, may have areas of inefficiency that can be improved upon. We are not talking sales figures or profit margins or budgets, but inefficient waste and resource management. For instance, let us look at some common aspects and consider how consumption can be reduced and how to make better use of resources.Not all paper work and receipts need to be shredded, but sometimes, for the sake of security, it is necessary. This shredded paper is recyclable or it can be contributed in layers to a compost or worm bin. It can also be donated to animal shelters or pet stores where it is used in the bottom of cages to help keep them clean. This will ease workloads on staff, keep operational costs down, and the animals are more comfortable in their cages. The animal waste along with the bedding is easily composted.Technology now makes it possible to save paper on a daily basis by sending emails. Worth mentioning, is the time saved as compared to communicating via the postal system. When sending a fax, if possible, refrain from using a cover sheet. For efficient paper use at the photocopy machine, set it to automatically print pages on both sides. When making draft copies with the photocopier or printer, use the reverse side of any suitable scrap paper. We keep a box of this paper handy for visiting children to color and draw upon. The blank side of any scrap paper can be used for shopping lists, reminder notes, game scoring, or the perpetual to do list(s) that we all have. We often use sheets of adhesive labels in our office printer. The edges, top and bottom of each used sheet have 1/4" of remaining unused material. These can be trimmed to convenient lengths and stored in a small jar (or other storage container of choice). These labels come in handy when labeling items destined for the freezer, jam jars, bulk foods or shop and craft supplies.Keep computer equipment such as external drives, printers and scanners powered off when they are not in use turn them on only for the duration that they are needed. Stand-by power (lights or clock displays) can be eliminated by either using a power bar or by manually unplugging the equipment. Sleep the computer during the day when not in use (lunch, coffee, or meetings) and turn all equipment off before leaving at the end of the day. These are some simple suggestions, yet they will save time, money, and resources, which is in the best interest of any office.
Applicants with a master's degree in accounting or a master's degree in business administration with a concentration in accounting are increasingly valued. Strayer's online masters degrees are in education, business administration, public administration, health services administration, professional accounting, communications technology, and management information systems. Some employers prefer applicants with a master's degree in accounting, or with a master's degree in business administration with a concentration in accounting. A master's degree in accounting or a master's degree in business administration with a concentration in accounting is most desirable among employers. A master's degree in business administration with a concentration in accounting is highly desirable among employers. Many employers prefer those with a masters degree in accounting or a master's degree in business administration with a concentration in accounting. Some employers prefer hiring individuals with a master's degree in accounting or a master's degree in business administration with a concentration in accounting. Stark received a bachelor's degree in accounting in 1959 and a master's degree in administration in 1966, both from K-State. Some employers prefer applicants with a master's degree in accounting, or with a master's degree in business administration with a concentration in accounting. The Master of Accounting degree program is a general program of study that exposes students to accounting research and theory. The program assumes a reasonable institutional background in accounting, equivalent to an undergraduate or master's degree in accounting. The Professional Program in Accounting is designed to fulfill these requirements and allow the simultaneous granting of a bachelor's degree and a master's degree. With a master's degree from URI's accounting program, your professional opportunities are unlimited. The Master's degree program includes studies in corporate accounting, corporate taxation, and accounting information systems. program, must be completed prior to being awarded a Master of Accounting degree. The master of tax accounting (M.T.A.) degree program is a multidimensional approach to the education of the modern tax specialist. A Link Program, available in the summer prior to beginning the master's degree, provides the requisite accounting background. You must inform the hiring agency of this experience or possession of master's degree in accounting at time of interview. Some employers prefer hiring individuals with a master's degree in accounting or a master's degree in business administration with a concentration in accounting. You must inform the hiring agency of this experience or possession of master's degree in Accounting at time of interview. Strayer's online masters degrees are in education, business administration, public administration, health services administration, professional accounting, communications technology, and management information systems. This conversion master's programme aims to provide business degree holders with an intensive education in accounting and accounting-related knowledge and skills. The master of tax accounting (M.T.A.) degree program is a multidimensional approach to the education of the modern tax specialist. The master of tax accounting (M.T.A.) degree is designed for students who are interested in careers in taxation. Hall, Ph.D., the new master's degree will combine technical training in accounting with a focus on research, taxation, finance, communication and business ethics. The Master's degree program includes studies in corporate accounting, corporate taxation, and accounting information systems. The program assumes a reasonable institutional background in accounting, equivalent to an undergraduate or master's degree in accounting. A Link Program, available in the summer prior to beginning the master's degree, provides the requisite accounting background. Cannot be taken for credit for the master of accounting degree. Cannot be taken for credit to apply to the master of accounting degree. Get an accredited high school diploma, accounting, master, or bachelor degree. Candidates with an honours degree in accounting or the Graduate Diploma in Accounting proceed directly into the second year of the master's degree. The Master of Accounting program admits students with undergraduate business degrees or the equivalent from accredited schools. While you can work in accounting without a graduate degree, many find that it makes good sense to invest in a master's degree. The Master of Accounting degree program is a general program of study that exposes students to accounting research and theory. As a result, many schools have been forced to limit enrollment to their Masters of Accounting degree programs. A master's degree in Accounting or Chemistry, or closely related fields, and three years teaching experience and/or related work experience is preferred. Stark received a bachelor's degree in accounting in 1959 and a master's degree in administration in 1966, both from K-State. program, must be completed prior to being awarded a Master of Accounting degree. Open only to master's degree students in Accounting, MBA students, or approval of the department. However, employers looking to fill entry level positions requiring an advanced degree often hire master in accounting graduates over MBA's. She is currently working on her master's degree in accounting. However, competition for jobs with prestigious accounting firms will remain keen; a master's degree in accounting should be an asset. in accounting and the Master of Professional Accountancy degree upon completion of the course of study. Annual awards are given to outstanding Accounting graduates at both the bachelor's and master's degree level. http://www.accounting-master-degree.com/
Copyright 2006 The National Learning InstituteWhen you left home for work this morning, did you feel ready to face the day knowing that you were going to have a number of successful negotiations? Chances are, the word "negotiation" never entered your head. Perhaps it should have!We often think of negotiation as a formal process conducted behind closed doors by high powered executives, politicians or world leaders. Yet everyday all of us negotiate. You may have to agree with colleagues on the content of a report or presentation; with a customer over a disputed invoice; with a supplier on the terms for goods or services; or with your partner on what to have for dinner tonight! All of these things are negotiations.Our problem is that we don't recognise them as negotiations, nor ourselves as negotiators. As a result, we enter these discussions less prepared than we could be. The result? Sometimes a less-than-successful outcome!To help make all our daily negotiations more successful (for both you and the other party), you need to:- State your case clearly and appropriately- Organise your facts- Control the timing and pace of your discussion- Properly assess both yours and the other parties needsHow do you carry out these four points successfully? First, you need an understanding of some of the key principles of successful negotiation. Try this quiz to test your knowledge of negotiating by answering "True/False" to each question.1. Should you ask for twice the amount you need?2. Is your aim to prevent the other party from saying "No"3. Will a small concession relieve the pressure?4. A "Win/Win" result is always possible.5. Is admitting to an error or omission a sign of weakness?The following answers will provide some useful tips for your negotiating situations.1. Should you ask for twice the amount you need? False. You will have to back down and will lose an important opportunity to influence the other party. Research clearly indicates that negotiators who make large concessions end up worse off. The secret of successful negotiating is to first identify your needs, then work out a range of options that will satisfy those needs. Start the negotiation by asking for the options that best meet your needs.2. Is your aim to prevent the other party from saying "No"? False. In fact getting a "No" from the other party can be very useful because it gives you the opportunity to ask "Can you give me your reasons?". This leads to uncovering the other party's real needs and some options that will satisfy them V options which you can probably supply.3. Will a small concession relieve the pressure? False: If you make a small concession, chances are you are negotiating over options rather than needs. Additionally, the other party may think you are weakening and put more pressure on. Far better to state or restate your needs and then explore as many options as possible to satisfy them. As part of this discussion, you may come back to the offer that was just rejected, or you may find some even better options. Either way you have gained a lot more information and not weakened your position.4. A "Win/Win" result is always possible. False: It's desirable, but not always possible. Sometimes, even the best of negotiators have to "agree to disagree". The way to improve your ratio of "Win/Wins" is to focus very clearly on your own real needs (not positions) and the needs of the other party. Searching for many different options to satisfy both party's needs generates more "Win/Win" situations.5. Is admitting to an error or omission a sign of weakness? False: Research shows that disclosing such information demonstrates honesty. In psychological terms, it breeds what is called "reciprocity" - if you do something for me, then I'll do something for you. People are far more likely to be honest with you when you are honest with them. Pulling the wool over someone's eyes may give you a short term result at the expense of a long term relationship.Four tips to help you negotiate successfully1. If you want a better deal, ask for one. You'll never know unless you ask! Remember, make sure it will satisfy your needs - do not get locked into bargaining over positions.2. Argue to learn, not to win. To meet your own needs you need to learn as much as possible about the other party and their needs. The more you learn, the better chance you have of getting a good deal.3. Make proposals regularly during the negotiation - proposals move the negotiation forward. Use proposals such as "If you will provide . . . . then I might consider . . . ." The other party's response to these proposals will give you a lot of information to work with.4. Ask for, and give as much information as possible. For example, questions such as "Can you explain your reasons for . . . . ?', "What are your priorities? and "What else is there that you think I should know?" are excellent ways of gathering the information you need.Successful negotiating!If you would like some more tips on negotiating, feel free to contact me via www.nationallearning.com.au