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| relevance lost: Relevance Regained H. Thomas Johnson, 2002-01-15 Building on his pathbreaking, award-winning bestseller, Relevance Lost, H. Thomas Johnson presents a devastating critique of the top-down hierarchical accounting systems that have dominated American corporations since the 1950s. In Relevance Regained, Johnson shows exactly how managing by remote control through results-oriented accounting information has obstructed the real business objective: to reduce process variation and lead times for the purpose of obtaining and keeping satisfied customers. The failure of most American businesses to be competitive and profitable, he contends, is their reliance on management accounting information to control people's actions and productivity. Cost-focused imperatives from on high must be replaced, Johnson asserts, with information systems that link actions with imperatives of global competition. Self-managing work teams, according to Johnson, must own problem-solving information to reduce variation, delays, and excess in processes. Johnson prescribes the necessary changes in management principles that must replace the outdated style associated with the industrial revolution. Responsiveness to customers—not accounting costs—and flexibility—reducing lead times and removing constraints—are necessary for sustained competitive excellence and long-term profitability. Johnson discusses the radical overhauls of companies, such as General Electric's work-outs/best practices program and Harley-Davidson's work simplification programs, and shows how these strong commitments to new strategies maximize a company's most important assets: people and time. To be globally competitive, he claims, a company's work must be directed toward selling to customers, not just selling products. |
| relevance lost: The End of Accounting and the Path Forward for Investors and Managers Baruch Lev, Feng Gu, 2016-06-14 An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation. |
| relevance lost: Winning the Battle for Relevance Michael McQueen, 2016-03-17 Based on a 6-year study of 500 of the world’s biggest brands, Winning the Battle for Relevance seeks to answer the question: “What separates the enduring from the endangered?” As businesses, industries, and revenue models continue to be disrupted at an alarming rate, leaders would do well to learn from the mistakes of fallen brands such as Borders, Kodak, and Blockbuster—lest they fall into the same trap. Better still, Winning the Battle for Relevance highlights what every organization and institution can learn from enduringly successful brands in order to win the battle for relevance in the turbulent years ahead. |
| relevance lost: Profit Beyond Measure H. Johnson, Anders Bröms, 2011-01-25 Waste has plagued almost every industrial-age firm for the past century. In this powerfully argued alternative to conventional cost management thinking, experts H. Thomas Johnson and Anders Bröms assert that any company can avoid the waste that is generated through excessive operating costs in the short run and excessive losses from market instability in the long run. To gain more secure levels of profitability, management must simply change how it thinks about work and how it organizes work. Profit Beyond Measure details how two extremely profitable manufacturers, Toyota and the Swedish truck maker Scania, have rejected the traditional mechanistic mindset of managing by results that generates waste. Johnson and Bröms explain how Toyota and Scania achieve their legendary cost advantage through a revolutionary concept they call managing by means (MBM). Instead of being driven to meet preconceived accounting targets, the production systems of Toyota and Scania are governed by the three precepts that guide all living systems: self-organization, interdependence, and diversity. Amid a wealth of new insights into Toyota's vaunted system, Johnson and Bröms introduce the tools of MBM to show how design, production, and profitability analysis are done to customer order. They demonstrate that by following the principles that emulate life systems, even a lean and profitable company can organize work to greatly lessen its long-term earnings instability and sharply reduce its short-run operating costs. Scania has achieved sixty-five years of financial stability and longevity in the face of fierce competition. Toyota has amassed a market value since 1988 that has rivaled -- or sometimes surpassed -- the American Big Three automakers combined. The principles that Johnson and Bröms set forth in Profit Beyond Measure can guarantee the same richer, longer life to any company that applies them. |
| relevance lost: The Forgotten Books of the Bible Robert Williamson Jr., 2018-08-01 You're probably missing some of the most interesting books of the Bible. In the Jewish tradition, the five books known as The Five Scrolls perform a central liturgical function as the texts associated with each of the major holidays. The Song of Songs is read during Passover, Ruth during Shavuot, Lamentations on Tisha B'av, Ecclesiastes during Sukkot, and Esther during the celebration of Purim. Together with the five books of the Torah, these texts orient Jewish life and provide the language of the faith. In the Christian tradition, by contrast, these books have largely been forgotten. Many churchgoers can't even find them in their pew Bibles. They are rarely preached, come up only occasionally in the lectionary, and are not the subject of Bible studies. Thus, their influence on the lives and theology of many Christians is entirely negligible. But they deserve much more attention. With scholarly wisdom and a quick wit, Williamson insists that these books speak urgently to the pressing issues of the contemporary world. Addressing themes of human sexuality, grief, immigration, suffering and protest, ethnic nationalism, and existential dread, he skillfully guides readers as they rediscover the relevance of the Five Scrolls for today. |
| relevance lost: Apropos of Something Elisa Tamarkin, 2022-07-27 A history of the idea of “relevance” since the nineteenth century in art, criticism, philosophy, logic, and social thought. Before 1800 nothing was irrelevant. So argues Elisa Tamarkin’s sweeping meditation on a key shift in consciousness: the arrival of relevance as the means to grasp how something that was once disregarded, unvalued, or lost to us becomes interesting and important. When so much makes claims to our attention every day, how do we decide what is most valuable right now? Relevance, Tamarkin shows, was an Anglo-American concept, derived from a word meaning “to raise or to lift up again,” and also “to give relief.” It engaged major intellectual figures, including Ralph Waldo Emerson and pragmatists and philosophers—William James, Alain Locke, John Dewey, and Alfred North Whitehead—as well as a range of critics, phenomenologists, linguists, and sociologists. Relevance is a struggle for recognition, especially in the worlds of literature, art, and criticism. Poems and paintings in the nineteenth century could now be seen as pragmatic works that make relevance and make interest—that reveal versions of events that feel apropos of our lives the moment we turn to them. Vividly illustrated with paintings by Winslow Homer, Henry Ossawa Tanner, and others, Apropos of Something is a searching philosophical and poetic study of relevance—a concept calling for shifts in both attention and perceptions of importance with enormous social stakes. It remains an invitation for the humanities and for all of us who feel tasked every day with finding the point. |
| relevance lost: Relevance Phil Styrlund, Tom Hayes, Marian Deegan, 2014-09 Relevance: Matter More harnesses the power of authenticity, mastery, empathy, and action to help people and companies become more relevant in their lives and in the marketplace. In today's age of commoditization, people, products, brands, and companies are becoming interchangeable. The competition to stake a flag on the career path of one's dreams grows fiercer, and downsizing can reverse fortunes in a heartbeat. Security is a myth. People and companies are asking some very fundamental questions, Am I relevant, or am I simply replaceable? Is there a way to matter more in this world? Phil Styrlund and Tom Hayes, with Marian Deegan, have identified four key dynamics of relevance--authenticity, mastery, empathy, and action--in a formula that can be applied to the life of a person, an organization, or a product. Drawing upon their personal and business experience, and upon examples from the lives of Theodore Roosevelt, Ada Lovelace, Harper Lee, Ulysses S. Grant, and other men and women whose accomplishments illuminate history, they have created a powerful formula for achieving relevance. As business leaders working in marketing and sales, the authors have developed methods to distinguish themselves, and their clients, from the masses. In Relevance, they share their toolbox of strategies and tactics to help people elevate their relevance--in both their professional and personal lives. They believe that the decision to put authenticity, mastery, and empathy into action is the great differentiator between dreams of potential and the reality of accomplishment.This lively book brings together the best thinking of today with the best thinking ever to help anyone who truly wants to matter more. Styrlund and Hayes invite readers to apply these principles, and explore what it means to matter more in their own lives, and in the lives of others. |
| relevance lost: Financial Accounting and Management Control Fredrik Nilsson, Anna-Karin Stockenstrand, 2015-02-20 This book is about financial accounting and management control and how these two information systems are related as well as how their objectives conflict. At the most fundamental level, the objective of financial accounting is to provide owners and funders with comparable information on a company's value creation. The aim of management control, on the other hand, is to give the board, senior executives and employees unique information for strategy formulation and implementation. One often-mentioned negative effect is the risk of financial accounting affecting management control design and use, making it less relevant for decision-making at the company level. The book provides an analysis of the complex relationship between financial accounting and management control. The analysis is based on theoretical reasoning as well as several examples of how financial accounting standards affect not only the annual report but also the control system. An interesting, and perhaps unexpected conclusion is that management control seems to affect financial accounting almost as much as financial accounting affects management control. These complex relationships, which can influence the design and use of both financial accounting and management control, are discussed in detail in this book. |
| relevance lost: The End of Accounting and the Path Forward for Investors and Managers Baruch Lev, Feng Gu, 2016-06-02 An innovative new valuation framework with truly useful economic indicators The End of Accounting and the Path Forward for Investors and Managers shows how the ubiquitous financial reports have become useless in capital market decisions and lays out an actionable alternative. Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution—the Value Creation Report—and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making. While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making. Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation. |
| relevance lost: Programmed Inequality Mar Hicks, 2017-01-27 How Britain lost its early dominance in computing by systematically discriminating against its most qualified workers: women. In 1944, Britain led the world in electronic computing. By 1974, the British computer industry was all but extinct. What happened in the intervening thirty years holds lessons for all postindustrial superpowers. As Britain struggled to use technology to retain its global power, the nation's inability to manage its technical labor force hobbled its transition into the information age. In Programmed Inequality, Marie Hicks explores the story of labor feminization and gendered technocracy that undercut British efforts to computerize. That failure sprang from the government's systematic neglect of its largest trained technical workforce simply because they were women. Women were a hidden engine of growth in high technology from World War II to the 1960s. As computing experienced a gender flip, becoming male-identified in the 1960s and 1970s, labor problems grew into structural ones and gender discrimination caused the nation's largest computer user—the civil service and sprawling public sector—to make decisions that were disastrous for the British computer industry and the nation as a whole. Drawing on recently opened government files, personal interviews, and the archives of major British computer companies, Programmed Inequality takes aim at the fiction of technological meritocracy. Hicks explains why, even today, possessing technical skill is not enough to ensure that women will rise to the top in science and technology fields. Programmed Inequality shows how the disappearance of women from the field had grave macroeconomic consequences for Britain, and why the United States risks repeating those errors in the twenty-first century. |
| relevance lost: Cost & Effect Robert S. Kaplan, Robin Cooper, 1998 Cost and Effect is written for the general manager, and explains activity-based costing systems. It focuses on creating integrated, knowledge-based systems that provide managers with meaningful information, not just data. |
| relevance lost: The Book of Unconformities Hugh Raffles, 2020-08-25 From the author of the acclaimed Insectopedia, a powerful exploration of loss, endurance, and the absences that permeate the present When Hugh Raffles’s two sisters died suddenly within a few weeks of each other, he reached for rocks, stones, and other seemingly solid objects as anchors in a world unmoored, as ways to make sense of these events through stories far larger than his own. A moving, profound, and affirming meditation, The Book of Unconformities is grounded in stories of stones: Neolithic stone circles, Icelandic lava, mica from a Nazi concentration camp, petrified whale blubber in Svalbard, the marble prized by Manhattan’s Lenape, and a huge Greenlandic meteorite that arrived with six Inuit adventurers in the exuberant but fractious New York City of 1897. As Raffles follows these fundamental objects, unearthing the events they’ve engendered, he finds them losing their solidity and becoming as capricious, indifferent, and willful as time itself. |
| relevance lost: Relevance Lost , 1991 |
| relevance lost: Stakeholder Capitalism Klaus Schwab, 2021-01-06 Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all. |
| relevance lost: Current Topics in Management M. Afzalur Rahim, 2018-02-06 Volume thirteen in Current Topics in Management is focused on global perspectives on strategy, behavior, and performance. Originally presented at the 2008 ICAM (International Conference on Advances in Management) conference, these contributions provide a substantial basis for such thematic developments. Th e series continues to resist pressures for specialized research on narrow topics within some temporary niche. It transcends narrow disciplines and national boundaries to provide management research with a universalistic fl avor. There are thousands of books and hundreds of academic and practitioner journals and magazines about the general subject of management. Each has its own subculture and concerns. The thirteenth volume of Current Topics is devoted to expanding and integrating ideas, research, and experiences that cuts across these specialties. Th e editor recognizes that it is important to respect the natural interdependencies that constitute management, but doing so requires the fi eld to rise above narrow specialization and niche research. For an outstanding vision of the frontiers of management research and emerging topics such as the sub-prime crisis and recession this volume is an excellent place to begin. Among other topics, the volume highlights the economic roots of management--the increase in visibility and perceived importance of accounting in the banking sector and how accounting is signifi cant beyond its technical roles. It provides new insights into how management accounting practices, along with other organizational systems, play an important role in questioning, visualizing, analyzing, and measuring implemented strategies. It understands accounting's important infl uence on strategic decision-making, and its role in legitimating action. Cumulatively, these contributions integrate theory, research, and practice, while sharing ideas and insights from diff erent national, cultural, and research traditions. |
| relevance lost: Model Rules of Professional Conduct American Bar Association. House of Delegates, Center for Professional Responsibility (American Bar Association), 2007 The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts. |
| relevance lost: The History of Accounting (RLE Accounting) Michael Chatfield, Richard Vangermeersch, 2014-02-05 Global in scope, accounting has had its share of great thinkers and practitioners, from Luca Pacioloi, the father of accounting, to R. J. Chambers, W. W. Cooper, Yuji Ijiri, Stephen A. Zeff and other figures. This encyclopedia presents more than 400 entries that focus on such subjects as publications in the field, institutional bodies, accounting and economic concepts, accounting issues, authors in accounting, records, leaders in the profession, accounting in various countries, financial court cases, accounting exams and historical researchers. |
| relevance lost: Measuring Performance for Business Results M. Zairi, 2012-12-06 Financial measures have traditionally been the cornerstone of the perform ance measurement system. In recent years, there has been a shift from treating financial figures as the foundation for performance measurement to treating them as one among a broader set of potential financial measures. Changes in cost structures and the manufacturing and competi tive environment have been responsible for the change of emphasis. In today's worldwide competitive environment companies are compet ing in terms of product quality, delivery, reliability, after-sales service and customer satisfaction. None of these variables are measured by traditional financial measures, despite the fact that they represent the major goals of world-class manufacturing companies. By focusing mainly on financial variables there is a danger that the performance reporting system will motivate managers to focus exclusively on cost reduction and short-term profitability and ignore many of the critical factors that determine long-term business success. The key to success, in today's global economy, is total customer satisfaction. To achieve this, companies must develop performance measures that drive employees to control processes that satisfy customer expectations. In particular, performance measures should provide process-level information that motivates employees to achieve the responsiveness and flexibility that companies require to compete on a global basis. Responsiveness is achieved by building relationships that lead to satisfied customers, suppliers and employees. Flexibility is achieved by reducing output variation in proceSfes; for example, the reduction of lead times and delays are both necessary for sustained competitive excellence and long-term profitability. |
| relevance lost: Strategic Cost Transformation Reginald Tomas Lee, 2018-12-06 Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. Your product costs $2.86 to make. What does the number tell you about your operations, how effectively they were run, demand, or how much money you spent on capacity? Nothing. Shouldn’t you know? Accounting information creates a limited picture of operations and true cash performance. Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. |
| relevance lost: Process Theory Matthias Holweg, Jane Davies, Arnoud De Meyer, Benn Lawson, Roger Schmenner, 2018-02-16 The motivation for this book came out of a shared belief that what passed as 'theory' in operations management (OM) was all too often inadequate. In one respect, OM scholars were bending over backwards to make theories from other fields fit our research problems. In another, questionable assumptions were being used to apply mathematics to OM problems. Neither proved a good match with what the authors' had observed in practice. Successful operations were managed by considerations that were far more straightforward than much of what was being published. The authors of this book codify these practical considerations into a set of ten fundamental principles that bring together a century of operations management thinking. The authors then apply these principles to important topics such as process design, process improvement, the supply chain, new product development, project management, environmental sustainability, and the interfaces between operations management and other business school disciplines. |
| relevance lost: Contemporary Management Accounting Practices in UK Manufacturing David Dugdale, 2005-11-15 This report investigates the presentation and analysis of financial information in 41 UK Manufacturing companies. Traditional and contemporary accounting techniques are exemplified in the case studies. With old and new techniques explored, the research shows that there is little that is new in management accounting theory and practice. The study concludes that there is not one set of practices which all should follow.·Cima research report - reveals methods currently used for reporting financial information in UK manufacturing companies.·Based on 41 companies, it shows a rich diversity of reporting practices that are constrained neither by the financial accounting requirements of SSAP9 nor by any sense of general management accounting trends. ·Financial Directors choose from a toolkit of 'traditional' and 'contemporary' practices in constructing reporting systems appropriate to their varied commercial needs, but with a strong leaning towards contribution margin approaches. |
| relevance lost: Cost Management and Its Interplay with Business Strategy and Context Alf Oldman, Cyril Tomkins, 2018-12-17 First published in 1999. This text aims to consider how the financial controller/management accountant decides to design a cost management system given the range of approaches to cost managment advocated in recent years. The book reports on research which tested the relationship between cost management systems adopted and the strategic orientation of the company, through five detailed case studies of well-known and named companies. The case studies trace the developments in each company through time. |
| relevance lost: Management Accounting, 6e Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen, 2018-10-30 Management Accounting, 6e |
| relevance lost: An Artist of the Floating World Kazuo Ishiguro, 1989-09-19 From the winner of the Nobel Prize in Literature and author of the Booker Prize–winning novel The Remains of the Day In the face of the misery in his homeland, the artist Masuji Ono was unwilling to devote his art solely to the celebration of physical beauty. Instead, he put his work in the service of the imperialist movement that led Japan into World War II. Now, as the mature Ono struggles through the aftermath of that war, his memories of his youth and of the floating world—the nocturnal world of pleasure, entertainment, and drink—offer him both escape and redemption, even as they punish him for betraying his early promise. Indicted by society for its defeat and reviled for his past aesthetics, he relives the passage through his personal history that makes him both a hero and a coward but, above all, a human being. |
| relevance lost: Accounting, the Social and the Political Norman B. Macintosh, Trevor Hopper, 2005-09-30 This book contains 35 carefully selected and abridged versions of scholarly financial and managerial research articles by world-class researchers ranging across a wide spectrum of the social, political and philosophical sides of financial and managerial accounting information and practices to focus on accounting's wider role and impact on organizations and society at large.While each article was substantially culled in order to highlight its central findings and its unique approach, care was exercised to maintain the integrity of the authors' work. The result is a collection of readily accessible research including: classics and seminal articles, a selection of more contemporary articles, and recent articles that go beyond the conventional. Thus, the book pushes the boundaries beyond that of conventional accounting thought and research.This anthology will be of interest especially to graduate students since it provides a broad sampling of influential research studies presented in a highly accessible format. It should also be of vital interest to sophisticated practitioners who are concerned about the current state of the accounting world in the wake of the recent cascade of so-called accounting scandals. The hope also is to help bridge the gap between the practitioners' and the scholarly researchers' Worlds. |
| relevance lost: Organisational Capability and Competitive Advantage Charles Harvey, Geoffrey Jones, 2013-10-31 First Published in 1992. This is a collection of eight articles covering different elements of organisational capability and competitive advantage. The areas included are managerial enterprise, Corporate Strategy and accounting, the influence of the Trade Mark, a look at the marketing case study of the Ferranti Group, history of Japan's Post-war steel industry, American graduate business schools and responses to market for corporate control in 1950s Britain. |
| relevance lost: Management Accounting Hugh Coombs, David Hobbs, Ellis Jenkins, 2005-08-27 By adopting a new approach to helping students understand how management accounting contributes to decisions in a variety of organizational contexts, this textbook sets out clear explanations of practical management accounting techniques - in the context of the application of these techniques to decisions. Uniquely, the book examines the analytical and critical issues that often influence decision makers operating within private and public sector organizations. It is supported by case studies of varying complexity that will allow students to work at their own level and also includes summaries. |
| relevance lost: Introductory Accounting Daniel P. Tinkelman, 2015-12-22 Introductory Accounting adopts a measurement approach to teaching graduate students the basics of accounting. Integrating both financial and managerial principles from the U.S. and around the globe, it links accounting to other areas of business (such as finance, operations, and management). Providing students with the context to understand how and why accounting is a valuable part of business, readers will gain an understanding of accounting’s role in financial analysis and managerial decision-making. Tinkelman discusses accounting as an imperfect measurement system, offering guidance on how quantitative data can benefit analysts and managers when used with an understanding of its limitations. The book is strongly grounded in research, and also draws on plenty of examples and cases to bring these issues to life. The conversational style of Introductory Accounting will appeal to MBA students, while key terms and illustrative problems make assignments easy for instructors. Additional materials for students and instructors are available on the book’s companion website. |
| relevance lost: Contemporary Issues in Management Accounting Alnoor Bhimani, 2006 Covering established and emerging areas in the fast changing field of management accounting, this work discusses accounting practices such as budgeting, costing, responsibility accounting and capital investment analysis. |
| relevance lost: Innovating Strategy Processes Steven W. Floyd, Johan Roos, Claus D. Jacobs, Franz W. Kellermanns, 2009-02-09 Innovating Strategy Process presents a series of reflective essays by established and emerging scholars on the subject of innovation, considering it both as an outcome of strategy and as a process in itself. Contains new ideas and rich case descriptions that will trigger creative thinking about how to design a more innovative strategy process. Offers new conceptual frameworks for analyzing and designing strategy process. Addresses cutting-edge topics, such as play as the means and art as the impetus for strategy-making; the role of emotion in new venture decision-making; and science and entrepreneurship as a source of innovative strategies. Signals the future direction of the field. |
| relevance lost: Understanding Industrial and Corporate Change Giovanni Dosi, David J. Teece, Josef Chytry, 2005 'Understanding Industrial and Corporate Change' contains pioneering work on technological, organizational, and institutional change and explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management. |
| relevance lost: Trust in Numbers Theodore M. Porter, 2020-08-18 A foundational work on historical and social studies of quantification What accounts for the prestige of quantitative methods? The usual answer is that quantification is desirable in social investigation as a result of its successes in science. Trust in Numbers questions whether such success in the study of stars, molecules, or cells should be an attractive model for research on human societies, and examines why the natural sciences are highly quantitative in the first place. Theodore Porter argues that a better understanding of the attractions of quantification in business, government, and social research brings a fresh perspective to its role in psychology, physics, and medicine. Quantitative rigor is not inherent in science but arises from political and social pressures, and objectivity derives its impetus from cultural contexts. In a new preface, the author sheds light on the current infatuation with quantitative methods, particularly at the intersection of science and bureaucracy. |
| relevance lost: Chasing Relevance Dan Negroni, Jim Eber, 2018-04 today¿s millennial workforce is all too often misjudged andmisunderstood because most of us can¿t communicate with thisfast-moving, diverse and growing generation. we better learn how.By 2025 they will make up 75% of our employees and customers, and by 2017 they willcarry the bulk of the world¿s spending power. Companies that want to thrive and succeedcannot afford to ignore them.Chasing Relevance empowers businesses and their leaders by bridging youth andexperience to create powerful, connected workplaces.Chasing Relevance delivers a step-by-step framework that teaches organizational leadershow to bust through generational disconnects and find their own relevance to trulyunderstand, engage and maximize their millennial employees and customers. |
| relevance lost: Last Retailer Standing George Minakakis, 2012-12 The speed with which consumers make choices will be faster than in the last two decades, making the predictability of the right strategic direction even more challenging. The business world is evolving at an unprecedented pace with a sputtering economy, the advancement of technology, and disruptive competitive forces. All are re-writing the rules of customer engagement. This book is a must-read for anyone leading or managing any business with a deteriorating culture, failing market relevance, and a need to change their short- and long-term performance. The boards and owners that oversee these organizations need to respond more swiftly to the decision-making of management. The one industry that faces the greatest challenge is the retail sector, where staying relevant has always been difficult and longevity of retail brands is something that is not easily achieved. So much of remaining relevant and competitive resides within leadership's ability to move an organization in the right direction. The Last Retailer Standing is a book that establishes what organizations need to address in order to remain competitive for the long-term. |
| relevance lost: The Principle of Relevance Stefania Lucchetti, 2010-04-09 The Principle of Relevance - Stefania Lucchetti How often do you find yourself in information overload? We are flooded with emails, text messages and phone calls. This constant swirl of digital information exchange often makes us feel as if we have lost control of our time. Our instinct is to try and be efficient by responding to every input immediately, out of the anxiety that we may miss something if we don't, but this often interrupts our train of thought and flow of concentration, rendering us less effective. In today's society our competitive edge is no longer based on availability of information, but rather on the ability to navigate through a flood of high speed data. As the complexity of culture keeps evolving and choices increase, it becomes more and more difficult to decide what to pay attention to. Distracted by this constant stream of information we lose our ability to find meaning and purpose in the activities we pursue. In order to excel within this development we need to become conscious (deliberately) of what is worth dedicating our time and energy to. Our quality of life and our competitive edge greatly depend on our ability to choose the information that is most relevant to us. The Principle of Relevance aims to help develop the reader's awareness of the thinking mechanisms involved in information processing and to teach more effective habitual responses. The key to transformation lies in applying a set of skills which the author identifies as the principle of relevance. Through deliberate training (using tools to categorize information or to establish a personal email response strategy for instance) the reader can change his/her response mechanism from a reaction principle to a relevance principle. It's in the pow |
| relevance lost: Rescuing Socrates Roosevelt Montás, 2021-11-16 A Dominican-born academic tells the story of how the Great Books transformed his life—and why they have the power to speak to people of all backgrounds What is the value of a liberal education? Traditionally characterized by a rigorous engagement with the classics of Western thought and literature, this approach to education is all but extinct in American universities, replaced by flexible distribution requirements and ever-narrower academic specialization. Many academics attack the very idea of a Western canon as chauvinistic, while the general public increasingly doubts the value of the humanities. In Rescuing Socrates, Dominican-born American academic Roosevelt Montás tells the story of how a liberal education transformed his life, and offers an intimate account of the relevance of the Great Books today, especially to members of historically marginalized communities. Montás emigrated from the Dominican Republic to Queens, New York, when he was twelve and encountered the Western classics as an undergraduate in Columbia University’s renowned Core Curriculum, one of America’s last remaining Great Books programs. The experience changed his life and determined his career—he went on to earn a PhD in English and comparative literature, serve as director of Columbia’s Center for the Core Curriculum, and start a Great Books program for low-income high school students who aspire to be the first in their families to attend college. Weaving together memoir and literary reflection, Rescuing Socrates describes how four authors—Plato, Augustine, Freud, and Gandhi—had a profound impact on Montás’s life. In doing so, the book drives home what it’s like to experience a liberal education—and why it can still remake lives. |
| relevance lost: Lean Cost Management James R. Huntzinger, 2007-05-15 This practical and informative text demonstrates the importance of the relationship between a physically lean enterprise and accounting. It argues that to have continued success in an increasingly competitive marketplace, businesses must streamline both their physical operations and accounting methods. |
| relevance lost: The Routledge Companion to Cost Management Falconer Mitchell, Hanne Nørreklit, Morten Jakobsen, 2013-08-22 Over the last two decades, cost management has been an area of dynamic change and development. This is evident in the extensive inventory of new, high-profile techniques that have emerged. With cost management now firmly established as a distinct sub-discipline within management accounting, The Routledge Companion to Cost Management is a timely reference volume covering both practical developments and research in this area. Topics covered include: Cost control issues Cost analysis and decision making Cost management systems Environmental cost management With chapters from an international team of contributors, this prestigious companion will prove an indispensible addition to any library with aspirations of keeping up-to-date with the world of accounting. |
| relevance lost: Accounting and Finance Innovations Nizar Alsharari, 2021-12-22 The world is currently experiencing the advent of new information technologies with dynamic changes, which can be considered as one of the greatest business threats today. Accordingly, international business and academia have claimed to be working towards developing innovations in accounting and finance that are useful for all stakeholders. The recent accounting and finance scholarship has moved forward toward new innovations that advance professional practice. This book introduces and discusses new innovations in accounting and finance, including management accounting, blockchain, E-business models, data analytics, artificial intelligence, cryptocurrency, bitcoin, digital assets, and associated risks. It also sheds light on how and why accounting and finance innovations have changed over time. This book will help practitioners and academics develop and introduce new accounting and finance tools and concepts. It is also a useful resource for those working in the accounting and finance fields. |
| relevance lost: Financial Accounting Sara Trucco, 2015-06-19 This book presents empirical evidence on the convergence of financial and management accounting in the Italian context. The author provides an overview of the development paths of financial accounting including its evolution, role of non-financial, forward looking and voluntary disclosures, and internal determinants such as corporate governance and business culture. The author uses the premises of agency, signalling, legitimacy and institutional theories in understanding this evolution, and includes the perspective of professional associations and academics on the topic. Based on survey data, the reader is provided with valuable insights into the Italian accounting scene. |
Relevance Lost Johnson And Kaplan - elearning.slu.edu.ng
In Relevance Regained, Johnson shows exactly how managing by remote control through results-oriented accounting information has obstructed the real business objective: to reduce process …
Relevance lost: the rise and fall of activity-based costing
This paper describes the strengths and weaknesses of ABC/M from a global value creation perspective, in an effort to explain why it failed to live up to its promise and why not too many …
Have Financial Statements Lost Their Relevance? - JSTOR
We measure a loss of relevance as a decrease over time either in the returns that could be earned from foreknowledge of financial statement information or in the explanatory power of …
Financial Reporting and Firm Valuation: Relevance Lost or …
In this study I examine whether balance sheet and income statement numbers have lost or regained their relevance over the last 30 years.
Relevance Lost Johnson And Kaplan (Download Only)
Relevance Lost cites numerous cases of forward-looking companies that are accomplishing just that. Johnson & Kaplan masterfully & persuasively illustrate the need for modern...
”Relevance Lost” - Nagoya U
Relevance Lost : The Rise and Fall of Management Accounting. Harvard Business Press. 顧客ニーズや、生産方法が大きく変化したため、1920年代の製造業と比較して、生産設備の減価 …
Kontext der Kostemechnung I. Problemstellung 1. Kontext der …
1.1 Kostenrechnung - Relevance Lost? "Unternehmensführung und ihre Instrumente, wie das Rechnungswesen, sind stets in die Ordnung von Wirtschaftssystemen eingebunden."1 …
Relevance lost: uma releitura - FIPECAFI
Assim sendo, este ensaio objetiva estudar a referida obra e trabalhos e pesquisas dela decorrentes, com o propósito de verificar se as razões apontadas para perda de relevância da …
レレバンス・ロストの再考 - 国立情報学研究所 ...
Kaplan(Robert S. Kaplan) が、Johnson(H. Thomas Johnson) との共著で、Relevance Lost-The Rise and Fall of Management Accounting を発表してから既に25年が経とうとしている1。 本 …
Controlling - Relevance lost?
Controlling - Relevance lost? Perspektiven für ein zukunftsfähiges Controlling von Prof. Dr. Ronald Gleich, Prof. Dr. Reinhold Mayer, Prof. Dr. Klaus Möller, PD Dr. Mischa Seiter 1. …
【研究ノート】 製造業原価計算における「レレバンス・ロス …
Empirical Study of “ Relevance Lost” within Manufacturing Costing in Japan 髙 橋 史 安 Fumiyasu Takahashi ＜目次＞ 1. はじめに 2．原価計算システムに関する調査 1）原価計算へのコン …
Redalyc.As Respostas do GECON às Críticas do Relevance Lost
Utilizando-se um levantamento bibliográfico e uma análise dos pontos críticos do Relevance Lost, este ensaio teórico defende que o GECON oferece respostas que derrubam os argumentos …
Financial Reporting and Firm Valuation: Relevance Lost or …
Relevance Lost or Relevance Regained?* Luzi Hail The Wharton School University of Pennsylvania April 2013 (First draft: November 2012) Abstract In this study I examine whether …
846 The Accounting Review, October 1987 - JSTOR
Relevance Lost (Boston: Harvard Busi-ness School Press, 1987, pp. xiii, 269, $19.95). By combining, in a book of reasonable length, a review of the development of management …
Controlling Relevance lost? - api.pageplace.de
Von heutiger kann dings nicht auf zukünftige Relevanz geschlossen werden. diesem Werk präsentieren führende Wissenschaftler und treter der Praxis wichtige Bereiche für das …
Controlling - Relevance lost? - GBV
Controlling - Relevance lost? 1. Kapitel: Der Chief Strategy Officer: Neuer Wind in der C-Suite? 2. Kapitel: Eine moderne Planung und Budgetierung als Eckpfeiler eines zukunftsorientierten …
日本企業の管理会計・原価計算 2020年度調査 ～「レレバン …
Management accounting and cost accounting of Japanese companies, 2020 survey report — “RELEVANCE LOST” is still going on. コロナ禍の2020年に,アンケートおよびインタビューに …
As Respostas do GECON às Críticas do Relevance Lost
Utilizando-se um levantamento bibliográfico e uma análise dos pontos críticos do Relevance Lost, este ensaio teórico defende que o GECON oferece respostas que derrubam os argumentos …
管理会計における理論と実務のギャップ - CORE
わが国において理論と実務のギャップに関する議論が広まったのはJohnson and Kaplanが1987年に出版したRelevance Lost : The Rise and Fall of Management Acc ounting(邦訳『レレバン …
Relevance Lost: Are Johnson & Kaplan’s claims valid outside …
Five key words: Relevance Lost; Accounting; Debate; Validity; Review Purpose: This paper aims to give evidence on the external validity of Johnson and Kaplan’s claims of management …
Relevance Lost Johnson And Kaplan - elearning.slu.edu.ng
In Relevance Regained, Johnson shows exactly how managing by remote control through results-oriented accounting information has obstructed the real business objective: to reduce process …
Relevance lost: the rise and fall of activity-based costing
This paper describes the strengths and weaknesses of ABC/M from a global value creation perspective, in an effort to explain why it failed to live up to its promise and why not too many …
Have Financial Statements Lost Their Relevance? - JSTOR
We measure a loss of relevance as a decrease over time either in the returns that could be earned from foreknowledge of financial statement information or in the explanatory power of …
Financial Reporting and Firm Valuation: Relevance Lost or …
In this study I examine whether balance sheet and income statement numbers have lost or regained their relevance over the last 30 years.
Relevance Lost Johnson And Kaplan (Download Only)
Relevance Lost cites numerous cases of forward-looking companies that are accomplishing just that. Johnson & Kaplan masterfully & persuasively illustrate the need for modern...
”Relevance Lost” - Nagoya U
Relevance Lost : The Rise and Fall of Management Accounting. Harvard Business Press. 顧客ニーズや、生産方法が大きく変化したため、1920年代の製造業と比較して、生産設備の減価償 …
Kontext der Kostemechnung I. Problemstellung 1. Kontext …
1.1 Kostenrechnung - Relevance Lost? "Unternehmensführung und ihre Instrumente, wie das Rechnungswesen, sind stets in die Ordnung von Wirtschaftssystemen eingebunden."1 …
Relevance lost: uma releitura - FIPECAFI
Assim sendo, este ensaio objetiva estudar a referida obra e trabalhos e pesquisas dela decorrentes, com o propósito de verificar se as razões apontadas para perda de relevância da …
レレバンス・ロストの再考 - 国立情報学研究所 ...
Kaplan(Robert S. Kaplan) が、Johnson(H. Thomas Johnson) との共著で、Relevance Lost-The Rise and Fall of Management Accounting を発表してから既に25年が経とうとしている1。 本 …
Controlling - Relevance lost?
Controlling - Relevance lost? Perspektiven für ein zukunftsfähiges Controlling von Prof. Dr. Ronald Gleich, Prof. Dr. Reinhold Mayer, Prof. Dr. Klaus Möller, PD Dr. Mischa Seiter 1. …
【研究ノート】 製造業原価計算における「レレバンス・ロ …
Empirical Study of “ Relevance Lost” within Manufacturing Costing in Japan 髙 橋 史 安 Fumiyasu Takahashi ＜目次＞ 1. はじめに 2．原価計算システムに関する調査 1）原価計算へのコン …
Redalyc.As Respostas do GECON às Críticas do Relevance …
Utilizando-se um levantamento bibliográfico e uma análise dos pontos críticos do Relevance Lost, este ensaio teórico defende que o GECON oferece respostas que derrubam os argumentos …
Financial Reporting and Firm Valuation: Relevance Lost or …
Relevance Lost or Relevance Regained?* Luzi Hail The Wharton School University of Pennsylvania April 2013 (First draft: November 2012) Abstract In this study I examine whether …
846 The Accounting Review, October 1987 - JSTOR
Relevance Lost (Boston: Harvard Busi-ness School Press, 1987, pp. xiii, 269, $19.95). By combining, in a book of reasonable length, a review of the development of management …
Controlling Relevance lost? - api.pageplace.de
Von heutiger kann dings nicht auf zukünftige Relevanz geschlossen werden. diesem Werk präsentieren führende Wissenschaftler und treter der Praxis wichtige Bereiche für das …
Controlling - Relevance lost? - GBV
Controlling - Relevance lost? 1. Kapitel: Der Chief Strategy Officer: Neuer Wind in der C-Suite? 2. Kapitel: Eine moderne Planung und Budgetierung als Eckpfeiler eines zukunftsorientierten …
日本企業の管理会計・原価計算 2020年度調査 ～「レレバン …
Management accounting and cost accounting of Japanese companies, 2020 survey report — “RELEVANCE LOST” is still going on. コロナ禍の2020年に,アンケートおよびインタビューに …
As Respostas do GECON às Críticas do Relevance Lost
Utilizando-se um levantamento bibliográfico e uma análise dos pontos críticos do Relevance Lost, este ensaio teórico defende que o GECON oferece respostas que derrubam os argumentos …
管理会計における理論と実務のギャップ - CORE
わが国において理論と実務のギャップに関する議論が広まったのはJohnson and Kaplanが1987年に出版したRelevance Lost : The Rise and Fall of Management Acc ounting(邦訳『レレバン …
