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Principles of an Innovation Accounting System

Although a driving force for growth in most industries, innovation differs from company to company. But be it in banking, in automotive or FMCG, the uncertainty associated with innovation is still something that needs to be managed. And in order to be able to manage something, it first needs to

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8 Myths of Measuring Innovation

Measuring innovation has long been perceived as the pinnacle of innovation management. However in most organization today, innovation measurements are only take sporadically (if at all) and with little thought put into them. Moreover when a company wants to start measuring innovation it is most likely to make some mistakes.

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Are Employees Assets or Liabilities?

This article was originally posted on the Thinkers50 Blog Oscar Wilde is credited with the quote “The cynic knows the price of everything and the value of nothing”. And some say this is a reflection of most financial executives’ mental model. To be successful any company requires assets. These range

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The 3 Conundrums Of Financial Accounting

Accounting is as old as time. It can be traced all the way back to ancient Mesopotamia. And there, its origins are closely intertwined with the ones of writing, counting and currency. Progressing in time, the double entry bookkeeping used today by companies around the world was introduced in the

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