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Financial Strategy

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

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...

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

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...

Zero-Base Budgeting: A Transformative Approach for Organizational Management

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...

Strategic Planning Reimagined: An Eight-Step Framework for Success

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.

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

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.

Entrepreneurs Beware: High Interest Rates and Risk Mitigation Strategies

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.

The Four Vital Leadership Mindsets Fueling the New Economy

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.

Maximizing Profits: Strategies for CEOs to Implement Effective Cost Reduction

As the leader of a company, a CEO's primary responsibility is to maximize profits while minimizing costs. One of the most significant challenges faced by CEOs is implementing cost reduction strategies. In today's competitive business environment, reducing costs can help companies gain a competitive edge, improve profitability, and ultimately, grow their business.

Success is Measured by the Value We Deliver: A Deep Dive into the Concept of Value in Professional Services

The concept of measuring success by the value delivered is a powerful one, especially in the realm of professional services. Dr. Dawkins Brown, Executive Chairman of Dawgen Global, aptly captures the essence of this idea in his quote: "Our true measure of success is the value we create for our clients, our team, and our community."

Understanding Organizational Development Through Laloux’s Stages: A Journey to Progress and Purpose

Organizational Development has matured hand in hand with the stages of human societal development. Human societies do not develop in a straightforward manner—rather, in phases of growing maturity, consciousness, and complexity. This development has been described in several ways by different experts.

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Dawgen Global is an integrated multidisciplinary professional service firm in the Caribbean Region. We are integrated as one Regional firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services

Where to find us?
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Dawgen Social links
Taking seamless key performance indicators offline to maximise the long tail.
https://www.dawgen.global/wp-content/uploads/2023/07/Foo-WLogo.png

Dawgen Global is an integrated multidisciplinary professional service firm in the Caribbean Region. We are integrated as one Regional firm and provide several professional services including: audit,accounting ,tax,IT,Risk, HR,Performance, M&A,corporate recovery and other advisory services

Where to find us?
https://www.dawgen.global/wp-content/uploads/2019/04/img-footer-map.png
Dawgen Social links
Taking seamless key performance indicators offline to maximise the long tail.

© 2023 Copyright Dawgen Global. All rights reserved.

© 2024 Copyright Dawgen Global. All rights reserved.