management accounting

When the meltdown hit, this company chose lean accounting over layoffs

Peter Desloge, CEO of Watlow, which encourages everyone, including workers, to innovate.

  • traditional #accounting methods focuses on short term results & don’t recognize the gains achieved

 Full article here:

https://www.theglobeandmail.com/report-on-business/careers/business-education/lean-accounting-not-layoffs-gives-company-long-term-vision-of-success/article14406522