Thursday, December 6, 2012

50 Management Ideas You Really Need to Know

This book reveals secrets of important concepts which businessmen, managers and students must understand. The 50 management ideas present brief description about the wisdom of business gurus from Ansoff dan Drucker to Peters and Porter. It also provides explanation on new business terminologies and concepts including the blue ocean strategy, long tail and Web 2.0
  • Balanced Scorecard
  • Benchmarking
  • Blue Ocean Strategy
  • Matrix Boston
  • Business Process Reengineering (BPR)
  • Brand
  • Channel Management
  • Core Competence
  • Corporate Governance
  • Corporate Social Responsibility (CSR)
  • Corporate Strategy
  • Customer Relationship Management (CRM)
  • Decentralization
  • Diversification
  • Pareto Principle
  • Empowerment
  • Entrepreneurship
  • Curve of Experience
  • The Five Forces of Experience
  • 4 Ps in Marketing
  • Globalization
  • Innovation
  • Japanese Management
  • Economy of Knowledge
  • Leadership
  • Lean Manufacturing
  • Learning Organization
  • Long Tail
  • Loyality
  • Management by Objectives (MBO)
  • Market Segmentation
  • Merger and Acquisition
  • Organization Excellence
  • Outsourching
  • Project Management
  • Scientific Management
  • Six Sigma
  • Stakeholder
  • Strategic Alliance
  • Supply chain Management (SCM)
  • System of thinking
  • Theory of X and Y (and Theory of Z)
  • Tipping Point
  • Total Quality Management (TQM)
  • Value Chain
  • War and Strategy
  • Web 2.0
  • Which business you are in?

Wednesday, December 5, 2012

Advanced Financial Accounting

The Advanced Financial Accounting provides comprehensive explanations with a lot of illustrations about accounting and reporting principles that are widely used in various business entities. Every day, business newspapers present information on the possibilities of merger and acquisition phenomenons, the complexity of modern business, the structure of new organisation for running a business and accounting scandals that are related to complicated business transactions from overseas activities of multinational corporations, government and non-profit entities. An accountant must know how to deal with the influence of accounting and reporting on the above issues.
Authors: Richar E. Baker, Theodore Christensen, David Cottrell
Topics of discussions:
  • Acquisition among companies and investment on other entities; 
  • Reporting ownership between companies; 
  • Consolidation of Entities and Consolidation of Financial Report; 
  • Consolidation on the Date of Acquisition; 
  • Consolidation After the Acquisition; 
  • Debts Between Companies;
  • Issues of Ownership in Consolidation
  • Other Issues in the Reports that are Related to Consolidation
  • and etc.
The business environment in the United States might be the most dynamic and competitive in the world. There are new companies and new products that enter the business world but there are also other companies that have to go out of business or experience substantial changes in order to survive. In this situation, the existing companies often realize that they have to merge with other businesses or establish new operations in other sectors that are growing. 
In recent years, the business world has seen a lot of acquisition and mergers which often involve big and famous corporations. Some of the mergers have attracted public attention due to the involvement of important figures and their strategies that are implemented with huge amount of money at stake.
Today's business environment is the most attractive and challenging in history signified by the fast changes and high complexities. In this environment, such regulators as Securities and Exchange Commission - SEC and Financial Accounting Standards Board have to give immediate action to give appropriate response that ensure the continues advantage of accounting report that reflects the reality of the economy.

Sunday, January 15, 2012

Wall bookshelves of Periplus Bookstore

I visited a Periplus bookstore on the main street of Ubud town more than one week ago. It was a nice bookstore with large collections of books about travel, art and culture and language. Books about Bali and Indonesia;  including Elizabeth Gilberth's Eat, Pray Love; dominated the shelves. Books about meditation, massage, spa, and yoga meditation got significant number of spaces in the bookshop. Most of the books were arranged neatly on wall bookshelves whose heights was around 2.5 meters. The color of the wall bookshelves was black with lights on the top of each of them. I like the layout of the bookshop. There was only one staff handling the store. He was sitting at the cashier table handling the POS cashier machine, supervising customers through CCTV cameras that were installed on the ceilings and doing the administration or the paper works of the bookstore.
There is another bookstore called Ganesha bookshop some 400 meters from this Periplus. It is smaller than the Periplus bookshop and it is run by 2 staff. Ganesha bookshop does not have a POS cashier machine. The staff of the bookstore calculate all of the transactions using a small calculator and records them on a book. It is interesting to see that Ganesha bookshop gets more visitors each day. Both the Periplus and the Ganesha bookstore use wall bookshelves to efficiently use their limited spaces. Customers of these stores are mainly international travelers who come from Europe, the United States, Australia, Japan and China. by Charles Roring

Tuesday, January 3, 2012

Ganesha bookstore serves foreign customers

I visited Ganesha bookstore a few days ago. In Balinese Hinduism, Ganesha is the god of knowledge. It was located in Ubud, a famous tourist destination in Bali island. It was not a big shop. The size of the bookstore was around 5 meters x 10 meters. Most of the books that were displayed on the shelves were written by foreign authors from Europe, Australia or North America about Bali and Indonesia. Ganesha bookstore also had a large collection of novels. One of them was Eat, Pray, Love (EPL) by Elizabeth Gilberth. The novel had been remade into a movie with the same name starred by Julia Roberts.
Bali is one of the provinces of Indonesia. Most of its inhabitants speak Bahasa Indonesia. However, the owners of the bookstore know that their main customers are not Indonesian but foreign tourists that come from as far as Amsterdam, Tokyo and Sydney. These customers need books about Indonesia or Bali that are written in English or their languages. In addition to books, other merchandises which it offers are newspapers, maps, postcards, and some traditional music instruments made of bamboo.
While in the Ganesha bookstore, I bought a map of Papua and Maluku islands. I really need the map when I have to guide tourists in Manokwari regency on bird watching and snorkeling tours. I was a little bit surprised to find out that the bookstore does not have POS (Point of Sales) system. It was manned by two women, one at the cashier table handling the transactions and one supervising the customers. The staff at the bookstore cashier only used a small calculator to calculate all of the transactions which would later be recorded on a book manually.
Ganesha bookstore in Ubud town of Bali island was quite busy during the day. I saw some European visitors. There was a Japanese couple there too. It was a nice bookstore. I recommend it to anybody who wants to visit Ubud – the culture center of Bali. So, next time when you go to Bali, don’t forget to visit the bookshop. By Charles Roring.

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