FEATURE: The challenge of business partnerships

Many professionals, including accountants, doctors, lawyers and engineers, form partnerships as a way of organising their professional services. Research shows that many of these partnerships fail. This article suggests that mediation may offer a mechanism to assist partners both to foresee challenges to their relationship and offer a way forward once such challenges have been…

FEATURE: Mentor people who aren’t like You

Mentoring across demographic lines extends the organisation’s talent pipeline and increases leaders’ social and emotional intelligence, so it’s a win all around Leaders tend to coach and mentor their ‘own’. Even those who believe that diversity improves creativity, problem-solving and decision-making often invest in and advocate for the development of subordinates who are most like…

VIEWPOINT: Debilitating inflation

In the May 2017 issue of ASA, I wrote an article on the power of compounding, the inspiration for this being my recent exposure to retirement modelling. As mentioned, those models are wrought with assumptions, and one of those assumptions is inflation. The importance in understanding inflation and its debilitating effects should encourage us to…

Finally, Facebook for Accountants!

Finally, Facebook for Accountants!     No, not really, although one would think that some IT people might think it would have been a good idea … For obvious reasons, one being that accountants are often depicted as little spectacled men in grey suits, not capable of maintaining a conversation about issues outside their field…