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    You Don't Lead By Hitting People Over The Head
    'You don't lead by hitting people over the head - that's assault, not leadership - Dwight Eisenhower'Dwight Eisenhower was the Allied Supreme Commander in WWII and President of the United States. He was a man who knew about leadership in a variety of difficult circumstances.What he says is very true. Having the job title does not make you a leader. Leadership is about having the credibility in you
    e or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monito

    How the New SEC Regs Affect Compensation Committees
    An interesting aspect of the proposed new Security & Exchange Commission (SEC) regulations on Executive Compensation relate to the need to supply justification for their decisions (see February 2006 issue for details of the proposed regulation). Currently, most Boards provide a written section, which discusses their general philosophy, such as “providing a total compensation package for executives that is comp
    A Project can best be described as any corporate initiative that displays one or more of the following characteristics:

    • It will have a clearly defined business objective, more usually related to introducing change within the business or corporation, and will be a “one off” activity with a definitive Start and Finish;

    • It is likely to involve numerous inter-related tasks and, as an activity, it would benefit from formalised procedures, processes and controls to ensure successful delivery and implementation;

    • It may well involve cross-functional working and the use of shared resources including but not limited to departments or divisions such as Information Technology (IT), Human Resources (HR) and Finance;

    Project Lifecycle

    There are essentially four (4) stages or phases in any Project Lifecycle:
    1. Initiation;
    2. Feasibility Study;
    3. Delivery;
    4. Closure or Finalisation;

    Principal Purpose of Each Project Lifecycle Phase:

    Initiation – the initiation phase is the undertaking of a high-level investigation into the proposed project to enable an informed decision to be made on the commitment of funds and the required resources for a more detailed investigation.

    The purpose here is to Identify, Scope and Gain Initial Approval for a Project or Projects that will deliver tangible benefit to the business.

    Feasibility Study Phase – the study phase is intended to produce a high-level specification of the requirements and to formulate a recommended approach on how to address them, thus allowing a decision to be made on the soundness of the Project and the commitment of corporate funds and resources to the commencement and delivery of the Project – either in full or in part.

    The purpose of the study phase is to Confirm and Reiterate the business requirements and benefits of the proposed Project (s), Identify and Select the Preferred Solution and to Prepare an Outline Schedule for the Delivery Phase.

    Delivery Phase – to define, plan and schedule the Project’s delivery in the required detail, and to proceed to implementation in accordance with the terms of the resulting Scope, Budget and Timescales.

    The purpose of the delivery phase is to Design, Develop, Test, Implement and Hand Over the Solution identified in the Feasibility Study Phase. Management of the Project Deliverables at a detailed, and if necessary a nitty gritty level, should then be bestowed on the parties involved in delivery during this phase.

    Closure or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monito

    Motivating Your Employees Toward Success
    It can be easily deduced that employee encouragement translates into strong health and profits for your organization. This is true whether your business is a profit orientated organization or an organization where the profits are to speak excellent community service and support.The relevant question for management is how to sustain a high level of employee motivation over the long term. The answer is n
    ents or divisions such as Information Technology (IT), Human Resources (HR) and Finance;

    Project Lifecycle

    There are essentially four (4) stages or phases in any Project Lifecycle:
    1. Initiation;
    2. Feasibility Study;
    3. Delivery;
    4. Closure or Finalisation;

    Principal Purpose of Each Project Lifecycle Phase:

    Initiation – the initiation phase is the undertaking of a high-level investigation into the proposed project to enable an informed decision to be made on the commitment of funds and the required resources for a more detailed investigation.

    The purpose here is to Identify, Scope and Gain Initial Approval for a Project or Projects that will deliver tangible benefit to the business.

    Feasibility Study Phase – the study phase is intended to produce a high-level specification of the requirements and to formulate a recommended approach on how to address them, thus allowing a decision to be made on the soundness of the Project and the commitment of corporate funds and resources to the commencement and delivery of the Project – either in full or in part.

    The purpose of the study phase is to Confirm and Reiterate the business requirements and benefits of the proposed Project (s), Identify and Select the Preferred Solution and to Prepare an Outline Schedule for the Delivery Phase.

    Delivery Phase – to define, plan and schedule the Project’s delivery in the required detail, and to proceed to implementation in accordance with the terms of the resulting Scope, Budget and Timescales.

    The purpose of the delivery phase is to Design, Develop, Test, Implement and Hand Over the Solution identified in the Feasibility Study Phase. Management of the Project Deliverables at a detailed, and if necessary a nitty gritty level, should then be bestowed on the parties involved in delivery during this phase.

    Closure or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monito

    How to Prepare for A Performance Appraisal
    Performance appraisal should be treated as an ongoing developmental process rather than a formal once-a-year review. It should be closely monitored by both employee and reviewer to ensure that targets are being achieved. By preparing yourself diligently and demonstrating a willingness to co-operate with your reviewer to develop your role, you will create a positive impression.To enable you to assess your
    he purpose here is to Identify, Scope and Gain Initial Approval for a Project or Projects that will deliver tangible benefit to the business.

    Feasibility Study Phase – the study phase is intended to produce a high-level specification of the requirements and to formulate a recommended approach on how to address them, thus allowing a decision to be made on the soundness of the Project and the commitment of corporate funds and resources to the commencement and delivery of the Project – either in full or in part.

    The purpose of the study phase is to Confirm and Reiterate the business requirements and benefits of the proposed Project (s), Identify and Select the Preferred Solution and to Prepare an Outline Schedule for the Delivery Phase.

    Delivery Phase – to define, plan and schedule the Project’s delivery in the required detail, and to proceed to implementation in accordance with the terms of the resulting Scope, Budget and Timescales.

    The purpose of the delivery phase is to Design, Develop, Test, Implement and Hand Over the Solution identified in the Feasibility Study Phase. Management of the Project Deliverables at a detailed, and if necessary a nitty gritty level, should then be bestowed on the parties involved in delivery during this phase.

    Closure or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monito

    Three Myths Of Customer Service
    At one time or another, all of us have been aggravated by bad customer service. The complaints are familiar: the dry cleaner who refuses to accept responsibility for staining your shirt; the salesperson who talks to a friend on the phone while handling your transaction; the hotel clerk who treats you like a trespasser instead of a guest.The list goes on. And it happens all the time. Poor customer service
    ), Identify and Select the Preferred Solution and to Prepare an Outline Schedule for the Delivery Phase.

    Delivery Phase – to define, plan and schedule the Project’s delivery in the required detail, and to proceed to implementation in accordance with the terms of the resulting Scope, Budget and Timescales.

    The purpose of the delivery phase is to Design, Develop, Test, Implement and Hand Over the Solution identified in the Feasibility Study Phase. Management of the Project Deliverables at a detailed, and if necessary a nitty gritty level, should then be bestowed on the parties involved in delivery during this phase.

    Closure or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monito

    My Accountant Changed My QuickBooks File and Now I Feel Lost - What Should I Do?
    The ProblemAt one of the accounting forums I visit, quickbooksgroup.com, somebody wrote to explain a problem she was having in her QuickBooks file. After some posts back and forth with her, I saw that it boiled down to some changes her accountant made to the file - procedural changes which seemed unnecessary to me, and which happened without the file owner's permission or understanding. I told her
    e or Finalisation Phase – the purpose here is to review the effectiveness of the delivery of the Project, to Close the Budget and to Release any remaining financial or other resources.

    The purpose of the Closure or Finalisation phase is to ensure that all agreed deliverables have been accepted by the Users, all costs have been properly accounted for and allocated, and the mechanisms for monitoring the delivery of the project benefits are put in place.

    Key Project Player

    The Key Player in any Project should be the Business Sponsor who is responsible for sponsoring and championing the proposed project initiative and for monitoring its progress.

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