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Mostrando entradas de marzo, 2017

Importance of economic and financial education

      Por Mauro Libi .- Both the global economic crisis and the changes and transformations that operate everyday in various processes, instruments and financial markets, impose the need to establish a rigorous diffusion of the current economic and financial culture. We are facing a situation of high complexity that at least in its basic foundations should be understood by all society. Man can’t remain ignorant about what is happening around him in matters of economics and finance.       In the markets there are a series of decisions and dynamics that affect the whole society, as a result, economic and financial education is very important. Given the current opacity in many of the decisions and processes adopted that affect all members of society, we should impose a culture of knowledge, information and explanation that makes easy an understanding of what is happening in the world of economics and finance. The citizens of the world have the right but also the obligation to

Internal communication is important to achieve the organization’s goals

  By Mauro Libi .-  Hardly the objectives and goals inside an organization can be achieved without an optimal and fluid communication and, consequently, understanding among the workers. Due to the vertiginous nature of the processes at the present time and due to the progress and changes that are constantly occurring, companies are forced to adapt, reprogram, design and implement new policies and guidelines. It is therefore essential that there is an efficient and effective internal communication that can be successfully undertaken.      Internal communication is a service that should be understood and positioned inside organizations because it is an indispensable and irreplaceable management tool to support the changes and transformations of the company. In addition, internal communication is a fundamental instrument that depends directly on the management function, as well as the strategies, policies, mission and objectives that it defines. There, it needs to be clarity r

Make a great impact through coaching for your company

      By Mauro Libi. - Coaching for companies is for obtain specific results which should be aligned, coordinated and developed based on the new knowledge obtained in the members of the work teams. The idea is to generate an impact that leads to new behaviors, so it is necessary to impact on the individuals to generate the new behavior. All human beings have their history, their emotions and they face the world according to that history and their physical abilities.      The goal of coaching is to do more than provide information and give advice, tools and techniques. The idea is that you can see the world around you differently to produce new results. In the same way, organizational coaching incorporates learning through practice and this learning is what provides new knowledge, habits and behaviors. This learning will be a product not only of understanding but also, repetition and practice.      The new managers that are intended to form from the continuous practice w

Know the benefits at work

By Mauro Libi.-     Compensation has always existed, but the way the current conception of them arose in the United States towards the end of the 19th century and consolidated during the First World War, when labor was scarce.      When we talk about compensation, we want to reward the contribution of the workers to the company. It is beyond the salary. It is the accrued under agreement by the two parts for the service rendered. When the efforts of the employee go beyond complying with what is stipulated then the compensation and incentives arise.      Moreover, workers' compensation is all those payments that organizations make to their workers, in cash or through benefits, which may be medical services, pharmaceuticals, retirement plans, incentives and many more. The companies establish these compensations taking care of a relation cost / benefit, which mean an investment that will obtain a result understood in profitability.            Incentives are made to

Digitizing is not only about adopting technology

     By Mauro Libi.-  When we call companies to digitize, we are talking about something more than acquiring technology, it is not just a matter of buying a few devices and incorporating them into the productive processes of the organization. No, digitization implies a cultural change, behavior, strategic and business vision, to adopt new forms of management. It is also necessary to adapt the image of the brand to the concepts involved by the digital age.      Digitization should include employees, human resource and talent, because it is the one who will carry out the changes. Without the incorporation of the workers, the digitalization will end up being a lot of teams that won’t add anything to the organizations. It is up to the organizations to develop digital employer brand strategy or digital employer branding that allows them to make a reputation so that they can attract the best specialists and talent.      The concept of the new company includes the establishmen

Creative accounting should follow the standards

By Mauro Libi.-     Nowadays, the financial structure of organizations has undergone transformations. Economic approaches are no longer the same as in previous times and accounting policies have evolved, giving entry to what is known as creative accounting. This concept is a digression from the fundamental principles of the accounting profession, as it is based on the manipulation of information with defined interests. A trend that has put in question the ethics of the accountant.      Creative accounting consists to manipulate the information to falsely alter what would be the natural result determined according to the accounting policy drawn by the company.  Given this panorama, accountants have a great moral and ethical challenge to reverse this situation and return the accounting to the norms of the duty to be. In the interior of creative accounting, there are conservative and aggressive accounting policies that lead to lower accumulated results in a period and to show

Lean management

       By Mauro Libi .- If something activates the alarms in the organizations is the waste of resources, it can quickly lead to ruin. Given this panorama for companies, lean management emerges as the antidote, as a way to counteract and combat this behavior that can affect any business. Lean management seeks to detect, prevent and eliminate the use of resources without generating any added value.       This time we want to connect lean management with another practice that is very popular these days: coaching. The purpose of coaching is to apply the change, transformation, optimization through a modeling profile of a professional with a view to perfecting their personal and professional skills. Also, coaching is aimed to improve the strategic capacity, communication, stress management, charisma, self-esteem, innovation capacity and looks for achieve lean management. Now the need for lean management is extended to the personal brand management, personal growth strategy, com

What is it leasing?

    By Mauro Libi .-   The English term leasing means "lease", it is a lease contract of movable and immovable property by a specialized company to a customer who agrees to buy it at the end of the contract.      The small and medium-sized company (SME) has an innovative tool that allows access to machinery, equipment, vehicles and even real estate, without buy them. Through leasing there is the possibility of using a good for a certain period in exchange for a payment of a rent with option to purchase at the end of the contract. This contract will establish that you can or can’t proceed with the purchase, although it is also possible to renew the contract.      Similar to other types of credit systems (commercial or mortgage) the client breaks the terms of the contract, the asset ceases to be leased and returns to the leasing company, bank or financial institution The leasing company buys the property in its name and then, leases it to a third part. Lea