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What Gets Measured, Gets Done.

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Measure what you do Performance measurement In the above image you can see the dancers performing synchronously. Imagine they are doing that with out practice and a plan of action. Imagine they dancing with out measured movements, can they achieve this level of perfection and artistic composition? No.  They have their own measures which tell them are they there (desired goal) yet. Performance measurement is measuring what ever you do. For example you use gadgets to track your health and body movements. It tells you how many steps you have run and how much calories are burnt. This will give you an indication of how much you have achieved on your personnel goal and how much more you have to go. In another perspective are you still in the right direction or are you straying away. If you are straying away, it means your not doing thigs the proper way or not doing enough. If all is well you can simply raise the bar and achieve more in given time. Stary aways from target is called strat...

Why strategic drift is so critical but still overlooked: A start up disaster recipe

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Headed for India & landed in Bahamas https://cdn.pixabay.com/photo/2018/05/07/18/30/christopher-columbus-3381359_960_720.jpg We all know the story of Christopher Columbus set out in a sea adventure to find India and ended up in Bahamas. Such incidents are  common in exploration and research. Even if Columbus was well prepared and known for his trade his calculations where met with dead ends. From his mistakes other explorers learned the lessons, altered their strategy and eventually discovered sea route to India. From this story we can learn several thigs. 1. Strategic drift The strategy was to discover a sea route to India, but the strategy failed due to obvious reasons and landed in Bahamas. This shows that their external environment doesn't support their initial strategy. This indicates a strategic drift .  2. Adapting to changed circumstances Instead of pursuing further to find India they started to explore the ' New world' and cashed it in. Which lead to the mass...

Welcome to My Page

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  https://cdn.pixabay.com/photo/2015/04/23/22/00/tree-736885_960_720.jpg Hi,  I am a qualified accountant. I will be sharing insights and information I learned through my long education, training and professional journey. I hope you may find it useful and valuable. Looking forward to the journey together. Regards Abjith.C.P ACCA