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Monthly Archives: April 2018

Setting Up Your Accounting System

While our focus is on advice to you after the accounts are prepared - on issues like your future-proof strategies, how to grow sales, making your business efficient - nevertheless we base our advisory work on numbers. So naturally we care very much how you set up your accounting systems. Whether your software or manual system, and your system around it is appropriate for you, whether the information is accurate (garbage in - garbage out), whether it is secure, whether it is efficient - all these details affect what our ongoing advice might be. Whether you are thinking of starting your first or new business, or whether you are dissatisfied with how you "keep your books" at the moment, it is important to set up your accounting system correctly. In order to help you we have prepared an extensive, free checklist on setting up your accounting system. (more…)...
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What Does Your Vision Statement Mean?

Let me ask those of you who are Chairpersons, Directors and CEO's of Indigenous organisations: "Do you really know what your vision statement means?" Do you know what your organisation will look like when you have got there? How will your people behave in the future - do they behave as the vision statement imagines they might? I have been helping Indigenous organisations prepare strategic and business plans for decades. All too often, I see organisations with a Vision Statement that is printed in plans, brochures, documents and written on the "About Us" page of their websites. And yet, when I ask those questions, although people might say "sure, we do," they can rarely translate their vision into concrete steps and goals to help them actually work towards their vision. All too often the published Vision Statement is a nice set of words that don't mean anything in their work. I have to ask, why don't people make more of their Vision Statement? Why isn't their Vision Statement the ultimate goal of all planning and operational management? How do you make it so? (more…)...
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OTS Management