Feeds:
Posts
Comments

Archive for the ‘Technology’ Category

Small accountancy firms and indivdual management accountants may have tight budgets and find it difficult to spend on software applications like Microsoft Office or individual email ids for their employees. However there are good alternatives available in the market which either free or cheap. You must read the End-user license agreements (EULA) before downloading the application to ascertain whether it is available free for individual and commercial purpose.
The top software free applications are
  1. Open Office / Star Office: They are very good alternative to MS Office since they have all the applications similar to Word, Excel and Powerpoint. Star Office has the ability to convert the document into pdf. This is now a industry standard which could be your standard for sending soft copies to your clients. Star Office 8 is available for free with google pack. The latest release is Star Office 9 which is available for $ 34.95 as opposed to MS Office Small Business Edition $ 449.95.
  2. Website / Personal Domain/ Email ids: You have to make yourselves known in the internet world. When someone asks you for your address, 4 line address will not impress them the most but one line www….. Google Apps Standard Edition is an affordable alternative. Google started with unlimited accounts initially and now they have restricted to upto 50 accounts. So you have to watch the space for the change in end user agreements. You should register your own domain, and then use google apps for email ids upto 50 for you and your employees and collaborative features like calendar, sites and chat. You may spend $10 p.a. for domain registeration. You can design your own simple website in few minutes. But if you need professional help, then you should negotiate with the web designers.
  3. Free Antivirus: The most popular free antivirus software is AVG free http://free.avg.com. The free version provides an excellent protection to your PC and it is value for money. Free Norton anti virus is available on google pack. Sometimes you get McAfee free when you buy laptop or PC. My personal experience with McAfee is it slows down your computer and that could affect your work. My suggestion is to use AVG and avoid McAfee.
  4. Internet Browsers: Almost all the browsers available in the market is free and most dominant is Internet Explorer. The question is which browser is open, collaborative. and makes your task easier The answer is Firefox which is a open source application. It has most number of add-ons for a browser.
  5. Email Client: The email clients were primarily designed to download the emails on your computer and read mails offline. Google Apps offers 7 GB space for your emails. So I do not see the need for you to have an email client unless you are paying for your broadband on a hourly rate. Mozilla Thunderbird is a popular choice.
  6. Social Networking: Linkedin and Xanga are free professional networking sites that are very popular which you should extensively. Facebook is for keeping in touch with your friends. Facebook Pages is a useful application to promote. You need to check guidelines from your accounting body for website whether Facebook pages is acceptable for use for your firm.
  7. Accounting Softwares: You need to shop around to find good accounting software. It would be difficult to find any accounting software available free on the internet.

Cloud Computing – A emerging concept

According to Wikipedia,

Cloud computing is Internet (“cloud”) based development and use of computer technology (“computing”). It is a style of computing in which typically real-time scalable resources are provided “as a service” over the Internet to users who need not have knowledge of, expertise in, or control over the technology infrastructure (“in the cloud”) that supports them.

It is a general concept that incorporates software as a service (SaaS), Web 2.0 and other recent, well-known technology trends, in which the common theme is reliance on the Internet for satisfying the computing needs of the users. An often-quoted example is Google Apps, which provides common business applications online that are accessed from a web browser, while the software and data are stored on Google servers.

The cloud is a metaphor for the Internet, based on how it is depicted in computer network diagrams, and is an abstraction for the complex infrastructure it conceals.

A good example would be Google Apps. “Software-as-a-service for business email, information sharing and security”

With the advances in the technology, the relationship with the Service Provider changes. Earlier the business had to manage the procurement of software and its IT department and now it has to manage relationship with its software service providers or BPOs or KPOs. Companies have to get the best services to keep its business running smoothly since the business revolves round use of technology. Services will become expensive and so do Service Level Agreements (SLAs).

The vendors that provides the best and affordable ervices to the companies are the ones who will continue in the long run.

Please share your view by positng comments. Don’t forget to tick “Email Follow on Comments” so that you are always in loop when this article is commented by others.

Regards,

Santosh Puthran

Do you like this article. To receive updates first

You may also like to read

  1. Make My Life Easy
  2. iGoogle – Your friend, Philosopher and Guide
  3. Networking and How to use Social Networking
  4. Knock, Knock – Opportunity
  5. Goal Setting Your Career

Read Full Post »

In my last post, I have mentioned about techniques used by retailer “How to Acquire a Customer”. I bought the Nikon S52c a couple of days back, registered my camera on the Nikon website and sent the £50 cash back voucher to Nikon.

The camera has wifi capability and it uses http://www.mypicturetown.com to send pictures by email to the friend. I tried to register on the above website but could not figure out where to get a 4 digit code. I searched on help but did not find a resolution, so I gave up. The offer is that the site provides a 2 GB free space and a 20 GB space with subscription. Since my initial efforts to register to website failed, I continue to use website like picasa or flickr. I am quite happy with the camera however I am looking forward to my £50 cash back to complete my positive shopping experience with Nikon.

SERQUAL Method

The SERVQUAL method from Valarie A. Zeithaml, A. Parasuraman, and Leonard L. Berry is a technique that can be used for performing a gap analysis of an organization’s service quality performance against customer service quality needs.

The methodology was originally based around key dimensions:

  1. Tangibles. Appearance of physical facilities, equipment, personnel, and communication materials.
  2. Reliability. Ability to perform the promised service dependably and accurately.
  3. Responsiveness. Willingness to help customers and provide prompt service.
  4. Competence. Possession of required skill and knowledge to perform service.
  5. Courtesy. Politeness, respect, consideration and friendliness of contact personnel.
  6. Credibility. Trustworthiness, believability, honesty of the service provider.
  7. Feel secure. Freedom from danger, risk, or doubt.
  8. Access. Approachable and easy of contact.
  9. Communication. Listens to its customers and acknowledges their comments. Keeps customers informed. In a language which they can understand.
  10. Understanding the customer. Making the effort to know customers and their needs.

As a customer, I have based my decision to buy a Nikon camera on factors like Credibility (reviews in magazines, user groups), communication (advertisements and comparison with top camera maker Canon), reliability (never heard that Nikon amera breaks down) and Competence (innovative and be a technology leader in photography).

The driving point of any sale is to bridge the gap what a customer wants and how the manufacturer will deliver it. The best thing about Microsoft Office and Apple iPod is the customer does know what his needs are, until he buys it and realises using these products.

Do you like this article. To receive updates first

Subscribe to Management Accountant by Email

Subscribe in a reader

You may also like to read

  1. Customer Loyalty Card
  2. Strategy Development
  3. Porter’s Diamond
  4. Management Accountant Job Board
  5. Home

Further reading

  1. Service Quality
  2. 123 Manage

Read Full Post »

The primary role of management accountant is to work with the business and also how business works. You should take efforts to understand the Customer Relationship Management (CRM) on your company and evaluate how your company acquires customers and retains them.
A couple of days back, I bought a Nikon S52c Digital camera from Jessops. The deal from Nikon is you get upto £ 50 Cash Back when you buy a digital picture frame with this camera. That’s cool. So I registered on Nikon website with details and ticked the check-box which say “Offers from Nikon and its selected affiliates”. With A £50 cash back strategy, Nikon has enticed me with offers that they would send me by emails and posts and then I would continue to do business with them. There would thousands of customers like me which Nikon has acquired with a £50 carrot. That’s cheaper than TV commercials.

There are numerious methods of acquiring customers and continue to do business online.

Search Engine Marketing

  • Pay Per Click: A sponspored link will be displayed on the top left corner and a vertical link hand corner of the search engine results. Adverts are determined the phrases you search on the search engine and a click will take to the website. This concept was pioneered by Google (Adsense) where the advertiser pays on number clicks. The advertiser has to bid on the key words. So advertiser has to carefully budget his advertisement expenditure.
  • Search Engine Optimisation: This would require techniques to improve the position of company in the search engine results for key words. The visitor will more like to click on result when it is in Top 10. Increasing the number of in-bound link to the website will enhance the page rank in Google. There are SEO experts in the market place. However Google advises you to write the content of your website for the readers and not for search engines. Google says that they are smarter.
Online PR

  • Use online media and PR journalist to write about your Company website
  • Participate in the Community Site like Nikon has http://www.Mypicturetown.com where Nikon enthusiast share photos with their friends or encourage a discussion portal related to line of business of the company.
Online Partnership

  • Affiliate Marketing: This is a commission based marketing arrangement with the affliates where the affiliates will showcase the product link on their website. You will notice news websites and blog selling amazon products. So every product sold by the affiliate, Amazon pays commission to them.
  • Co-Branding: This has been effectively followed by the credit card company like American Express to give a personal flavour to the credit card. You will see website like Financial Times having ads of premium products like cars or banks or financial institutions.
  • Aggregrators: These are price comparison website like Pricerunner.co.uk, confused.com where the prospect can analyse the deals provided by various service providers on various parameters like price, features, recommendations etc. A partnership with such website will help to acquire customer since the propective customer is making a decision by visiting to this market place.

Platinum CashBack Credit Card

var uri = ‘http://impgb.tradedoubler.com/imp?type(inv)g(642778)a(1586041)’ + new String (Math.random()).substring (2, 11);
document.write(‘‘);

Interactive Adverts

  • Banners : This has been a tradition way of advertising by having a advertising banners on the reputed websites like Yahoo. The effectiveness of the advertising campaign depends on the number of visitors visiting the site.
  • Rich Media: The advertising has become more sophicated and the advertisement changes when a user hovers the cursor on the ad. This makes the ads more notifeable and the prospective is like to click on it when he clicks on it. The best example I can think of is ad of Visa Card.
Opt-in Email

  • When you visit any website, you will always notice a link to subscribe for updates. Subscribers will get updates on various offers available and they will be the first to know about it.
  • Co-branded Email: You will notice retailer sending emails advertising you on the offers for holiday on your loyalty card.
It is very important for your company to have a good online presence in the market place. You as a management accountant should also know of the online marketing strategies and accordingly structure the management reporting system. The changes in the technology, change the way the merchandise is sold and how you budget for various resources in your business.

That is what CRM is about. You acquire the customer and retain them forever.

Do you like this article. To receive updates first

Subscribe to Management Accountant by Email

Subscribe in a reader

You may also like to read

  1. Customer Satisfaction – CRM Concepts
  2. Guy Kawasaki – The Art of the Start
  3. Strategy Development
  4. Porter’s Diamond
  5. Management Accountant Job Board
  6. Home

Read Full Post »

The primary role of management accountant is to work with the business and also how business works. You should take efforts to understand the Customer Relationship Management (CRM) on your company and evaluate how your company acquires customers and retains them.
A couple of days back, I bought a Nikon S52c Digital camera from Jessops. The deal from Nikon is you get upto £ 50 Cash Back when you buy a digital picture frame with this camera. That’s cool. So I registered on Nikon website with details and ticked the check-box which say “Offers from Nikon and its selected affiliates”. With A £50 cash back strategy, Nikon has enticed me with offers that they would send me by emails and posts and then I would continue to do business with them. There would thousands of customers like me which Nikon has acquired with a £50 carrot. That’s cheaper than TV commercials.

There are numerious methods of acquiring customers and continue to do business online.

Search Engine Marketing

  • Pay Per Click: A sponspored link will be displayed on the top left corner and a vertical link hand corner of the search engine results. Adverts are determined the phrases you search on the search engine and a click will take to the website. This concept was pioneered by Google (Adsense) where the advertiser pays on number clicks. The advertiser has to bid on the key words. So advertiser has to carefully budget his advertisement expenditure.
  • Search Engine Optimisation: This would require techniques to improve the position of company in the search engine results for key words. The visitor will more like to click on result when it is in Top 10. Increasing the number of in-bound link to the website will enhance the page rank in Google. There are SEO experts in the market place. However Google advises you to write the content of your website for the readers and not for search engines. Google says that they are smarter.
Online PR

  • Use online media and PR journalist to write about your Company website
  • Participate in the Community Forum like Nikon has http://www.Mypicturetown.com where Nikon enthusiast share photos with their friends or encourage a discussion portal related to line of business of the company.
Online Partnership

  • Affiliate Marketing: This is a commission based marketing arrangement with the affliates where the affiliates will showcase the product link on their website. You will notice news websites and blog selling amazon products. So every product sold by the affiliate, Amazon pays commission to them.
  • Co-Branding: This has been effectively followed by the credit card company like American Express to give a personal flavour to the credit card. You will see website like Financial Times having ads of premium products like cars or banks or financial institutions.
  • Aggregrators: These are price comparison website like Pricerunner.co.uk, confused.com where the prospect can analyse the deals provided by various service providers on various parameters like price, features, recommendations etc. A partnership with such website will help to acquire customer since the propective customer is making a decision by visiting to this market place.

Platinum CashBack Credit Card

var uri = ‘http://impgb.tradedoubler.com/imp?type(inv)g(642778)a(1586041)’ + new String (Math.random()).substring (2, 11);
document.write(‘‘);

Interactive Adverts

  • Banners : This has been a tradition way of advertising by having a advertising banners on the reputed websites like Yahoo. The effectiveness of the advertising campaign depends on the number of visitors visiting the site.
  • Rich Media: The advertising has become more sophicated and the advertisement changes when a user hovers the cursor on the ad. This makes the ads more notifeable and the prospective is like to click on it when he clicks on it. The best example I can think of is ad of Visa Card.
Opt-in Email

  • When you visit any website, you will always notice a link to subscribe for updates. Subscribers will get updates on various offers available and they will be the first to know about it.
  • Co-branded Email: You will notice retailer sending emails advertising you on the offers for holiday on your loyalty card.
It is very important for your company to have a good online presence in the market place. You as a management accountant should also know of the online marketing strategies and accordingly structure the management reporting system. The changes in the technology, change the way the merchandise is sold and how you budget for various resources in your business.

That is what CRM is about. You acquire the customer and retain them forever.

Do you like this article. To receive updates first

Subscribe to Management Accountant by Email

Subscribe in a reader

You may also like to read

  1. Guy Kawasaki – The Art of the Start
  2. Strategy Development
  3. Porter’s Diamond
  4. Management Accountant Job Board
  5. Home

Read Full Post »

Last year, I wrote about use of Instant Messaging at the workplace and VOIP phones as to how they bring down the costs of communication. The popularity of the technology is more to do with comfort than anything else.

I have stopped fancying expensive mobile phones rather I look for how best I can use for communication and information while I am mobile. Yesterday, I was searching for an application which should marry VOIP and IM on my mobile, I found it Talkonaut™.

Talkonaut™ is mobile free calling, VoIP enabled, Google Talk™ like application for your mobile phone. Talkonaut is available for three different mobile platforms: Symbian S60, Windows Mobile 5/6 and J2ME with MIDP-2.0. Talkonaut works on more than 300 different mobile handsets.

Talkonaut™ supports Jabber, Google Talk, ICQ, MSN, AIM and Yahoo networks both for chatting and voice calling.

The outstanding feature of Talkonaut is VoIP over GPRS capability which allows you to make free long distance and overseas calls utilizing your data connection such as GPRS, EDGE, 3G or WIFI.

figleaves.com UK

Pretty cool application, very easy to use and three minutes to install and configure. Make sure you have a unlimited internet connection on your mobile phone since you will communicating over internet.

I managed to call on google talk and results are pretty good. Download it on your mobile by visiting http://www.talkonaut.com/download.shtml .

You should also upgrade the mobile application for skype since now it allows you to call on a telephone number. Communication costs are coming down and you can call anywhere in the world.

Tell me how did like the application Talknaut by commenting on the post.

Sign up, make money displaying Oxado contextual ads!

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


If you liked this article, you may also like to visit the links below.

Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK


You may also like to read

  1. Ethical Decision Making
  2. iGoogle
  3. RSS feeds – How it helps you to remain updated
  4. Sezwho – Ratings & Commenting Add-on
  5. Make my life easy
  6. VOIP phones
  7. Car Satellite Navigation
  8. Is your company’s Accounting Manual on portal
  9. Business, Customer Value & Management Accounting 19-June-08
  10. Activity Based Management – Dispelling the myths Par I – 13-June-08
  11. How to Share Blog posts with friends 25-May-08
  12. Management Accountant Blog Home

Read Full Post »

Last year, I wrote about use of Instant Messaging at the workplace and VOIP phones as to how they bring down the costs of communication. The popularity of the technology is more to do with comfort than anything else.

I have stopped fancying expensive mobile phones rather I look for how best I can use for communication and information while I am mobile. Yesterday, I was searching for an application which should marry VOIP and IM on my mobile, I found it Talkonaut™.

Talkonaut™ is mobile free calling, VoIP enabled, Google Talk™ like application for your mobile phone. Talkonaut is available for three different mobile platforms: Symbian S60, Windows Mobile 5/6 and J2ME with MIDP-2.0. Talkonaut works on more than 300 different mobile handsets.

Talkonaut™ supports Jabber, Google Talk, ICQ, MSN, AIM and Yahoo networks both for chatting and voice calling.

The outstanding feature of Talkonaut is VoIP over GPRS capability which allows you to make free long distance and overseas calls utilizing your data connection such as GPRS, EDGE, 3G or WIFI.

figleaves.com UK

Pretty cool application, very easy to use and three minutes to install and configure. Make sure you have a unlimited internet connection on your mobile phone since you will communicating over internet.

I managed to call on google talk and results are pretty good. Download it on your mobile by visiting http://www.talkonaut.com/download.shtml .

You should also upgrade the mobile application for skype since now it allows you to call on a telephone number. Communication costs are coming down and you can call anywhere in the world.

Tell me how did like the application Talknaut by commenting on the post.

Sign up, make money displaying Oxado contextual ads!

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


If you liked this article, you may also like to visit the links below.

Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK


You may also like to read

  1. Ethical Decision Making
  2. iGoogle
  3. RSS feeds – How it helps you to remain updated
  4. Sezwho – Ratings & Commenting Add-on
  5. Make my life easy
  6. VOIP phones
  7. Car Satellite Navigation
  8. Is your company’s Accounting Manual on portal
  9. Business, Customer Value & Management Accounting 19-June-08
  10. Activity Based Management – Dispelling the myths Par I – 13-June-08
  11. How to Share Blog posts with friends 25-May-08
  12. Management Accountant Blog Home

Read Full Post »

Talkonaut VOIP on mobile

Last year, I wrote about use of Instant Messaging at the workplace and VOIP phones as to how they bring down the costs of communication. The popularity of the technology is more to do with comfort than anything else.

I have stopped fancying expensive mobile phones rather I look for how best I can use for communication and information while I am mobile. Yesterday, I was searching for an application which should marry VOIP and IM on my mobile, I found it Talkonaut™.

Talkonaut™ is mobile free calling, VoIP enabled, Google Talk™ like application for your mobile phone. Talkonaut is available for three different mobile platforms: Symbian S60, Windows Mobile 5/6 and J2ME with MIDP-2.0. Talkonaut works on more than 300 different mobile handsets.

Talkonaut™ supports Jabber, Google Talk, ICQ, MSN, AIM and Yahoo networks both for chatting and voice calling.

The outstanding feature of Talkonaut is VoIP over GPRS capability which allows you to make free long distance and overseas calls utilizing your data connection such as GPRS, EDGE, 3G or WIFI.

FREE Mobile Community on the go – qeep

var uri = ‘http://impgb.tradedoubler.com/imp?type(inv)g(17604188)a(1586041)’ + new String (Math.random()).substring (2, 11);
document.write(‘‘);

Pretty cool application, very easy to use and three minutes to install and configure. Make sure you have a unlimited internet connection on your mobile phone since you will communicating over internet.

I managed to call on google talk and results are pretty good. Download it on your mobile by visiting http://www.talkonaut.com/download.shtml .

You should also upgrade the mobile application for skype since now it allows you to call on a telephone number. Communication costs are coming down and you can call anywhere in the world.

Unlimited calls to landlines with Skype

var uri = ‘http://impgb.tradedoubler.com/imp?type(inv)g(17327050)a(1586041)’ + new String (Math.random()).substring (2, 11);
document.write(‘‘);

Tell me how did like the application Talknaut by commenting on the post.

Sign up, make money displaying Oxado contextual ads!

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


If you liked this article, you may also like to visit the links below.

Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK


You may also like to read

  1. Ethical Decision Making
  2. iGoogle
  3. RSS feeds – How it helps you to remain updated
  4. Sezwho – Ratings & Commenting Add-on
  5. Make my life easy
  6. VOIP phones
  7. Car Satellite Navigation
  8. Is your company’s Accounting Manual on portal
  9. Business, Customer Value & Management Accounting 19-June-08
  10. Activity Based Management – Dispelling the myths Par I – 13-June-08
  11. How to Share Blog posts with friends 25-May-08
  12. Management Accountant Blog Home

Read Full Post »

You may be travelling for company or personal work and you may taking your laptop along with you. Your laptop may contain sensitive information about your work or personal information like backup of your Palm handheld. Unsecured information on your laptop makes your data vulnerable for theft both business and identity theft.

Big savings on top brand laptops at Misco

Simple tips to protect your laptop:

  1. Protect your laptop with a strong password: If you travel with your laptop frequently, you should secure it with a strong password. A good password would be combination of alpha numeric and special characters. E.g. c00lWelc0me! … using zero instead of ‘o’
  2. Back up before you go: Always back up your information before you take your laptop on a trip. You can’t always avoid the financial loss of your equipment, but you can avoid losing all your information in the process.
  3. Be careful what you store on your thumb drives: With the growing popularity and increasing memory capabilities of small flash drives (known as “thumb drives”) comes a greater risk of information theft. If you travel with a thumb drive, try not to store sensitive information on it. If you lose the drive or if the drive is stolen it’s easy for anyone to access that information.
  4. Don’t leave your laptop or its carrying case in plain view in the car; lock it up in the trunk. If they can’t see it they can’t steal it.
  5. When staying in a hotel, the best practice is to take it with you or to lock it up in an in room safe. If a safe is not available then use a physical cable lock. You may also want to hang up a do not disturb sign on your door.
  6. NEVER leave your laptop for even a second especially in busy airports. It just takes a minute to be distracted, which is enough in most cases for someone to walk away with your laptop.

PCWB Storage

Some sophisticated techniques:

  • Data Encryption: Full disk encryption (FDE) can be taken on from a software-based approach, a hardware-based approach, or both – end-based approach. FDE can especially be effective against cold boot attacks and provides protection before the operating system starts up with pre-boot authentication. List of products. Encrypt your data with Windows XP Professional.
  • Remote Laptop Security (RLS) is available to confidently secure data even when the laptop is not in the owner’s possession. With Remote Laptop Security, the owner of a laptop can deny access rights to the stolen laptop from any computer with Internet access.

Recommended reading and sources

  1. Laptop Security Tips
  2. Laptop Protection – tips from Microsoft
  3. CNET tips
  4. Mobile Computing
  5. Best Data Encryption options

Regards,

Santosh Puthran

Sign Up and Make money displaying Oxado contextual ads!

Book a room at the Radisson Edwardian Heathrow Hotel.

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


SAP Store, UK

If you liked this article, please visit one of the links below. I would appreciate it


Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK
Digital Store, US

You may also like to read

  1. What is Phising ?
  2. Identity Theft
  3. Resistance to Change 26-Apr-08
  4. Strategy Development 05-Apr-08
  5. Strategic Drift 12-Apr-08
  6. How to Share Blog posts with friends 25-May-08
  7. Management Accountant Blog Home

Amazon.co.uk Widgets

Read Full Post »

You may be travelling for company or personal work and you may taking your laptop along with you. Your laptop may contain sensitive information about your work or personal information like backup of your Palm handheld. Unsecured information on your laptop makes your data vulnerable for theft both business and identity theft.

Big savings on top brand laptops at Misco

Simple tips to protect your laptop:

  1. Protect your laptop with a strong password: If you travel with your laptop frequently, you should secure it with a strong password. A good password would be combination of alpha numeric and special characters. E.g. c00lWelc0me! … using zero instead of ‘o’
  2. Back up before you go: Always back up your information before you take your laptop on a trip. You can’t always avoid the financial loss of your equipment, but you can avoid losing all your information in the process.
  3. Be careful what you store on your thumb drives: With the growing popularity and increasing memory capabilities of small flash drives (known as “thumb drives”) comes a greater risk of information theft. If you travel with a thumb drive, try not to store sensitive information on it. If you lose the drive or if the drive is stolen it’s easy for anyone to access that information.
  4. Don’t leave your laptop or its carrying case in plain view in the car; lock it up in the trunk. If they can’t see it they can’t steal it.
  5. When staying in a hotel, the best practice is to take it with you or to lock it up in an in room safe. If a safe is not available then use a physical cable lock. You may also want to hang up a do not disturb sign on your door.
  6. NEVER leave your laptop for even a second especially in busy airports. It just takes a minute to be distracted, which is enough in most cases for someone to walk away with your laptop.

PCWB Storage

Some sophisticated techniques:

  • Data Encryption: Full disk encryption (FDE) can be taken on from a software-based approach, a hardware-based approach, or both – end-based approach. FDE can especially be effective against cold boot attacks and provides protection before the operating system starts up with pre-boot authentication. List of products. Encrypt your data with Windows XP Professional.
  • Remote Laptop Security (RLS) is available to confidently secure data even when the laptop is not in the owner’s possession. With Remote Laptop Security, the owner of a laptop can deny access rights to the stolen laptop from any computer with Internet access.

Recommended reading and sources

  1. Laptop Security Tips
  2. Laptop Protection – tips from Microsoft
  3. CNET tips
  4. Mobile Computing
  5. Best Data Encryption options

Regards,

Santosh Puthran

Sign Up and Make money displaying Oxado contextual ads!

Book a room at the Radisson Edwardian Heathrow Hotel.

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader


SAP Store, UK

If you liked this article, please visit one of the links below. I would appreciate it


Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK
Digital Store, US

You may also like to read

  1. What is Phising ?
  2. Identity Theft
  3. Resistance to Change 26-Apr-08
  4. Strategy Development 05-Apr-08
  5. Strategic Drift 12-Apr-08
  6. How to Share Blog posts with friends 25-May-08
  7. Management Accountant Blog Home

Amazon.co.uk Widgets

Read Full Post »


A radical proposition? – From The Beyond Budgeting Round Table (BBRT)

Budgeting, as most corporations practice it, should be abolished. That may sound like a radical proposition, but it is merely the final (and decisive) action in a long running battle to change organizations from centralized hierarchies to devolved networks. Most of the other building blocks are in place. Firms have invested huge sums in quality programs, IT networks, process reengineering, and a range of management tools including EVA, balanced scorecards, and activity accounting. But they are unable to establish the new order because the budget, and the command and control culture it supports, remains predominant.

10 reasons why budgets cause problems:

  • Budgets are time consuming and expensive.
  • Budgets provide poor value to users.
  • Budgets fail to focus on shareholder value.
  • Budgets are too rigid and prevent fast response.
  • Budgets protect rather than reduce costs.
  • Budgets stifle product and strategy innovation.
  • Budgets focus on sales targets rather than customer satisfaction.
  • Budgets are divorced from strategy.
  • Budgets reinforce a dependency culture.
  • Budgets lead to unethical behaviour.

There are twelve principles (two sets of six) that govern the Beyond Budgeting Model. One set relates to adaptive management processes and the other set relates to a devolved leadership.

Process Principles

The six principles of managing with adaptive processes are as follows:

  1. Goals – set aspirational relative goals for continuous improvement, don’t negotiate fixed contracts
  2. Rewards – reward shared success based on relative performance, not on fixed targets
  3. Planning – make planning a continuous and inclusive process, not an annual event
  4. Controls – base controls on relative KPIs and performance trends, not on variances against plan
  5. Resources – make resources available as needed, not through annual budget allocations
  6. Coordination – coordinate interactions dynamically, not through annual planning cycles

The results of applying these principles include setting aspirational goals, reducing gaming, encouraging ambitious strategies and fast response, reducing waste, improving customer service, and promoting learning and ethical behaviour.

Leadership Principles

The evidence from our cases is that there are six principles that leaders should adopt:

  1. Outcomes – focus everyone on the outcomes, not on hierarchical realtionships
  2. Processes – organize as a lean network of accountatble teams, not as centralized functions
  3. Autonomy – give teams the freedom and capability to act, don’t micro-manage them
  4. Responsibility – create a high responsibility culture at every level, not just at the centre
  5. Transparency – promote open information for self-management, don’t restrict it hierarchically
  6. Governance – Adopt a few clear values, goals and boundaries, not detailed regulations

The effects of these principles include: a clear governance framework leads to the acceptance of local decision making by front-line teams throughout the organization; a high-performance climate leads to sustained competitive success; the freedom to decide fosters innovation and responsiveness; team-based responsibility results in a greater focus on creating value and reducing waste; customer accountability builds more commitment to satisfying customers profitably; and finally, an information culture based on openness and “one truth” promotes ethical behaviour.

SAS can assist with the implementation of these principles as follows:

  • Target setting – obtain information on competitor activity and link to external databases
  • Strategy – make the update and maintenance of objectives and targets an easy process
  • Growth and improvement – build hypotheses and scenarios and test against capabilities
  • Resource management – track the life time cost and value of resources
  • Coordination – search for and use cause and effect relationships across business units and processes
  • Cost management – identify areas of cost which need attention through analysis (eg. Activity Based Costing) and data mining
  • Forecasting – create and maintain rolling forecasts
  • Measurement and control – implement a balanced scorecard with leading and lagging indicators
  • Rewards – track actual performance against targets
  • Delegation – maintain personal information portals.

SAS is the only software supplier that is capable of collecting, transforming, modelling, analysing and supporting the complex information needs of organisations. Our flexible framework adapts technology to the management processes – not the other way around.

Sources:

  1. Beyond Budgeting
  2. SAS – Superior Software that gives you power to know

Do you like to be updated in Accountancy ?

Subscribe to Management Accountant by Email

Or

Subscribe in a reader

SAP Store, UK

Visit MA Stores ? You will find something you are looking for ….

Management Accountant Store, US – Powered by Amazon
Management Accountant Store, UK Stores – Powered by Amazon, UK
Digital Store, US

You may also like to read

  1. Emerging Role of Management Accountants
  2. Cultural Web – A big challenge 22-June-08
  3. Activity Based Management – Dispelling the myths Part I – 13-June-08
  4. Activity Based Management – How to collect info 10-June-08
  5. 10 myths about ABC by SSRK 26-Nov-06
  6. Transfer Pricing 29-Dec-06
  7. Throughput Accounting 17-Dec-06
  8. SSRK’s Knowledge Repository 03-Dec-06
  9. Stakeholder Analysis 19-May-08
  10. Resistance to Change 26-Apr-08
  11. Strategy Development 05-Apr-08
  12. Strategic Drift 12-Apr-08
  13. How to Share Blog posts with friends 25-May-08
  14. Management Accountant Blog Home

Read Full Post »

Older Posts »