Should organisations only focus on the short term horizon or should they place importance on long term strategic planning. In this context short term covers any period within three years and long term anything greater than three years. A focus on the long term planning can be likened to being focussed on having a big [...]

Share options are good motivational tools to senior managers because they incentivise them to increase shareholder value. Shareholders have an interest in a high share price therefore by offering share options they will be aligning their interest with managers’ interests. Aligning these interests lead to congruence of interests. Jenny Goodwin and Pamela Kent, (2003) argued [...]

Does long term planning and strategic planning still have roles to play in shaping organisational success? Context of the article Stock markets are notorious for punishing companies and managers that fail to achieve quarterly targets or analysts’ expectation. This means that some analysts focus on short term metrics and not on long term metrics that [...]

A business can gather intelligence that underpins decisions from both internal & external sources. A business can also elect to use data gathered from a sample or the whole population. Internal Sources of Information Intelligence to support all types of decisions made by an organisation can emanate from various internal sources. The key sources of [...]

Instead of gleaning or getting inference of information from the whole population one can use a sample instead. A sample is a potion of the population and generally a good sample should be representative of the population. The population represents all items under consideration for example; The whole class is the population and a few [...]

It is now mandatory under the Housing SORP for housing associations to use component accounting. Component accounting is a consequence of FRS 15 and under FRS 15 fixed assets that have different useful lives should be depreciated to reflect these different useful lives. Most finance professionals in housing associations are failing to recognise that the [...]

Generally accountants are known or are viewed as bean counters by their colleagues in other departments and also by the public in general. In my opinion this view should belong to the period prior to the 21st century as it is redundant now. The traditional accountant One business commentator once described an accountant as someone [...]

Andy Coulson, the former number 10 Downing Street (Prime Minister)’s spokesperson knew when to leave. Why do I have to start a paper on when to leave a company by mentioning Andy Coulson – someone who was forced by circumstances to resign? The answer lies in what he said when he resigned as PM’s spokesman. [...]

This paper is a continuation of the previous paper by the same author titled what is gearing? However, this paper focuses on operational and financial gearing in housing associations. It was argued in the previous paper that gearing can either be financial or operational. Financial gearing accrue as a consequence of using debt as part [...]

There are few business practitioners or academics who have contributed to management as we know it today than the legendary and late management guru, Peter Drucker. Peter Drucker was a brilliant economist, management author and advisor to both governments and private enterprises. Peter Drucker gave us the definition of management – which called the art [...]