Best Practices – A Jump-Start with the Accounting Department
Let’s say you’re new to the post of a controller at a company. Upon carrying out a quick analysis, the results reveal that the efficiency and morale levels of the company are low. There are rampant occurrences of errors and the company is dissatisfied with a number of things. Moreover, the accounting department and has resolved to adopt the attitude of “patience” to wait and see how the new controller (you) plans on working things out. So, what do you think you can do now?
The best solution for you will be to use best practices to upgrade the key processes in the company selectively. However, the critical part is going to be selection of the particular best practice to implement. Firstly, you’ll need to have some quick accomplishments to build up the morale of the staff and prove your abilities to them. Fixing up the department will call for some minor enhancements that you can accomplish immediately. For instance, stopping the time-prolonging filing of excess client invoices, which is doable immediately you resume office.
Major and common misperceptions of best practices are advancements in technical experiments. Only largest companies take up these experiments. In truth, best practices are relevant to the existing situations of companies – i.e. things that will improve the companies but are not yet set in motion. Once you employ those things, there will likely be many more resolutions that are advanced. These will then serve as the subsequent rational behind the next steps towards improvements.
Now, returning to our situation, your early success in the company will help build its trust in your capabilities. Once you have the company at this point, you’ll be free to start implementing appropriate best practices. These should involve modest expenditures and some effective cooperation from the departments of the company. However, it will still be imperative that you initially work on short projects with shorter durations in order to succeed. These will be important to improve the company’s view of your abilities in terms of dependability and consistency.
At this stage, a good example of best practices for the improvement of the department will be co-working with the manager of sales. This will help you to restructure and simplify the payment or payroll structure for the employees. After you’ve successfully built up a goodwill platform throughout the company, you’ll then be free to embark on a significantly sized project of any duration or cost. Waiting until you reach this point will help you get to know the employees. You will then be able to identify which of these employees will best be able to complete the projects. In addition to that, your personal knowledge on company tactics and politics will improve. This will mean no more setbacks in project completions.
Another good way of bringing up the performance of the company as a whole will be to create online purchase catalogs and data warehouses. By having such an approach towards the departmental performance of the company, you will surely be on the right track of best practices success.