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Competitive Manufacturing: Embracing Efficiency and Excellence in the Modern Era

December 13, 2023by Dr Dawkins Brown

In the rapidly evolving landscape of modern industry, the concept of Competitive Manufacturing has emerged as a cornerstone for businesses striving to stay ahead in the market. This concept encapsulates a diverse array of systematic manufacturing practices, concepts, and approaches, each designed to enhance efficiency, reduce waste, and improve quality. Among these are well-known methodologies...

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Navigating the Complexities of Credit Risk Assessment: The EBA’s Stance on SICR and the Role of Auditors

December 12, 2023by Dr Dawkins Brown

In the intricate world of banking regulation, the European Banking Authority (EBA)’s recent concerns regarding banks’ methodologies for assessing a significant increase in credit risk (SICR) shine a spotlight on a critical aspect of financial risk management. This article delves into the EBA’s apprehensions about the use of narrow triggers for SICR, which could lead...

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Exploring the Contrast in Credit Loss Impairment Methodologies Between PEARLS and IFRS 9

December 12, 2023by Dr Dawkins Brown

In the realm of credit unions, understanding and managing credit risk is pivotal. Two frameworks, PEARLS and IFRS 9, offer distinct methodologies for calculating impairment or credit losses on loan portfolios. While they serve different primary purposes, their intersection is critical for auditors and financial managers alike. This article delves into these methodologies, contrasting their...

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Understanding and Reconciling Loss Provisions in Credit Unions – A Deep Dive into IFRS 9 and PEARLS Framework

December 12, 2023by Dr Dawkins Brown

The financial management landscape in credit unions is often navigated through distinct but intersecting frameworks: the International Financial Reporting Standard (IFRS) 9 and the PEARLS framework. While IFRS 9 offers a global standard for financial instrument reporting, the PEARLS framework caters specifically to the operational and managerial aspects of credit unions. This article aims to...

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Managing Money in Business: A Focus on Overhead and Operational Expenses

December 11, 2023by Dr Dawkins Brown

Managing a business effectively is akin to running a household, where a keen eye on various expenses is critical to prevent the company from sinking into deficits and bankruptcy. In this context, employees can be seen as the “children” of the business, working together efficiently to ensure financial stability and to keep the business afloat...

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Zero-Base Budgeting: A Transformative Approach for Organizational Management

December 8, 2023by Dr Dawkins Brown

In the dynamic landscape of business management, both in the for-profit and non-profit sectors, the concept of Zero-Base Budgeting (ZBB) has emerged as a transformative approach. This method redefines the traditional budgeting process, emphasizing rigorous justification and scrutiny of every dollar spent. Dr. Dawkins Brown, the executive chairman of Dawgen Global, aptly summarizes the essence...

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Strategic Planning Reimagined: An Eight-Step Framework for Success

August 18, 2023by dglobal0

In today’s rapidly evolving business landscape, strategic planning is more vital than ever for organizations to adapt and stay ahead of the competition. However, despite being a cornerstone of business management, many organizations find their strategic planning processes falling short, often resulting in disappointing outcomes.

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The Evolution of the Chief Strategy Officer (CSO) Role in Modern Times

June 30, 2023by dglobal0

In the rapid-paced world of modern business, strategic visioning and planning play an increasingly pivotal role in driving success. The Chief Strategy Officer (CSO), traditionally tasked with formulating the corporate vision and leading strategic initiatives, is finding that their role is evolving. This article delves into the growing responsibilities and shifting focus of the modern CSO.

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Entrepreneurs Beware: High Interest Rates and Risk Mitigation Strategies

June 30, 2023by dglobal0

As global central bankers assert their stance on maintaining steep interest rate increases, entrepreneurs worldwide are feeling the heat. In an effort to subdue persistent inflation, central banks are resorting to this monetary tool. In a recent panel discussion featuring United States Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of Japan Governor Kazuo Ueda, they collectively affirmed their commitment to the inflation fight.

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The Four Vital Leadership Mindsets Fueling the New Economy

June 1, 2023by dglobal0

As we navigate the complex waters of the new economy, a shift in leadership mindsets is crucial for organizations seeking to thrive and gain competitive advantage. In this era, a successful enterprise isn't about an individual leader or even those at the top; instead, it's about fostering a collective leadership capacity. This article will delve into four critical leadership mindsets: The Producer, The Investor, The Connector, and The Explorer, which are instrumental in transforming organizations and propelling them forward in the new economy.

Newer Posts

Older Posts

Competitive Manufacturing: Embracing Efficiency and Excellence in the Modern Era

Navigating the Complexities of Credit Risk Assessment: The EBA’s Stance on SICR and the Role of Auditors

Exploring the Contrast in Credit Loss Impairment Methodologies Between PEARLS and IFRS 9

Understanding and Reconciling Loss Provisions in Credit Unions – A Deep Dive into IFRS 9 and PEARLS Framework

Managing Money in Business: A Focus on Overhead and Operational Expenses

Zero-Base Budgeting: A Transformative Approach for Organizational Management

Strategic Planning Reimagined: An Eight-Step Framework for Success

The Evolution of the Chief Strategy Officer (CSO) Role in Modern Times

Entrepreneurs Beware: High Interest Rates and Risk Mitigation Strategies

The Four Vital Leadership Mindsets Fueling the New Economy

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