Many say that since ancient days, mankind has struggled under the oppressive boot of big business. They claim that history is a story of workers being exploited, greedy owners lining their pockets with excess profits, the one percent living off the backs of the 99, and offering nothing in return. This way of thinking is growing in popularity, but ignores the important contributions of business to human society. Although business has black marks on its history, it has been a net good force on the world because of all the societal good it has achieved.
Showing posts with label business. Show all posts
Showing posts with label business. Show all posts
Wednesday, December 9, 2015
Friday, December 5, 2014
It's All Coming Together In Business Consulting
Audience
“It’s not about
ideas. It’s about making ideas happen.” Men and women who see with this perspective
are the men and women that the business world needs. In order to make an idea “happen”
requires an ability to organize that idea and then articulate it in such a way
that will influence others in a positive way to invest in such ideas. As a
result, classes of “communication in organizational settings” are essential.
Communication alone will not be enough for those entering into the business consulting
field. A detailed understanding of a broad number of topics found in the
business world are required. Many will spend time involved in business “clubs”
or internships to be competitive in their appearance, their approach, and their
abilities. Depending upon the background a business consultant, one may take
the CFA Exam, the CPA Exam, among others.
Context
Whether you like it or not, business is not only what you
know but who you know. As a result, the ability to make connections and create
powerful, lasting relationships is essential. Those who find success in the
business world are often those who can articulate success in their words. You
can choose to read this or you can choose to skip it, but the principles found
within will save you a five star client down the line. In regards to history,
the past is a great opportunity to learn from in order to avoid making the same
mistakes as others while taking good ideas and applying them in brilliant ways
for others.
Rhetoric
As mentioned earlier, among the most important aspects of
business consulting is the ability to communicate your knowledge, your ideas,
and your plans. This being said, knowing how to do this alone is not enough;
one must be aware of the setting and the circumstance in order to appropriately
address those the consultant is speaking with. Therefore, one of the essential aspects
of rhetoric that will be address within the paper will be that of the branches
of oratory. It will be necessary to articulate it simply (possibly through
examples) in order to help the reader to see that if they do not respect the
kairos they are not going to get far in the business world.
History
It is often said that history repeats itself and it is no
different in the business world. Yes, the economics and business is growing
exponentially in the world we now live, but those who have gone before have set
powerful examples of the do’s and don’ts of the business world. There is a
reason why business majors focus so much on case studies; because there is so
much to be learned from them. Not only can we learn from the business approaches
but also the business interaction. This will be an important part of what is
spoken of.
Plan
In putting this post together I almost got into “writing
mode.” I have some thoughts that were illustrated through practice instead of
theory (which may be a little different than what was asked for the assignment
so I hope that’s alright.) By applying the ideas I see that there will need to
be more research done in terms of historical evidence of why communication is
so important and specifically examples of where rhetoric was not used
correctly. In doing this I think those reading will appreciate the insight and
will respect it as they have seen applied through examples.
It will be important to connect the idea of different kinds
of communication within business consulting. I will also need to do more
research and hopefully some more interviews in order to get insight into how
each interaction between firms and within firms are done. The more details I
can have, the ore credible and reliable the paper will be. Great assignment to bring together my thoughts.
Wednesday, December 3, 2014
Business Business Business... Numbers
Accounting in Antiquity
The age of the accounting trade is frankly a sad commentary
on the world. Of all the things humanity has created – arts, theatre,
technology, medicine – keeping track of money/valuables is one of the oldest.
Even back to the days of the flood, Noah was instructed to take an accounting
of the Lord’s valuables (His creations the animals). Down through Moses we have
records of accounting (i.e. the entire book of Numbers). Trade records and bartering
systems were al accounted for and assessed, if not on a social level then on an
individual one. Men have always been trying to be richer than his neighbor. And
how does he know he’s rich? He accounts for what he and his neighbor have. In ancient Greece, officers were required to give accountings of the fund entrusted to them at the conclusion of their service. They were expected to properly manage the funds that had been given them. The importance of wealth and stewardship were not lost on the Greek and so they were sure to require an accounting of those who had been given so much. In ancient Rome, accounting played a particularly important role in leading the home. Fathers were expected to keep track of the accounts of the home. Fortunately, the lack of credit cards and predating of shopping malls made monitoring teenage spending significantly easier. Most purchasers were made with cash; however, there are clear indication that receivables and payables were set up with merchants and customers. As time lapsed into the medieval ages, we say an apparent retrogression of the accounting systems however apparently “Charlemagne had an elaborate system of accounting for income and expenditures and required detailed reports from all his subordinates.” (Kester, 1917)
Accounting in a less Ancient Time
Accounting has been formalized and structured over the
centuries. In fact, the reliance on the way we account for things has a tremendous
impact on everyone’s daily life. The value we give to different currency; the
prices floors and ceilings that certain markets and commodities bear; and the
amount of money we pay in taxes each year all depend how we account for our
money. On a nationwide scale, the most significant change to the accounting
system in recent history is the Sarbanes-Oxley act passed in the wake of the
Enron/Arthur Anderson debacle (Koehn and Stephen, 2004). This act revamped the
way big businesses are allowed to account for their money. How does this affect
the average consumer? Corporation now have to pay significantly more to have
their accounts managed, these types of costs are always passed on to the
consumer.
Accounting has been around a long time, and will be around
forever. At the very least, men and women will always be required to give an
accounting of the labors, which very well may include how we spend our money/substance.
Kester, R. (1917). Accounting - Theory and Practice. In Accounting
Theory and Practice (pp. 2-4). New York: Ronald Press Company.
Koehn, Jo Lynne, and Stephen C. Del Vecchio. "Ripple
Effects Of The Sarbanes-Oxley Act." CPA Journal 74.2 (2004): 36. MasterFILE Complete. Web. 4 Dec. 2014.
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