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Showing posts with the label Large

Beyond Brainstorming - Large Groups

When leaders, consultants and managers require ideas, they automatically tend to herd people into a room and conduct a (usually ineffective) brainstorming session. One reason for their ineffectiveness is a failure to consider the impact of group size. There is a pervasive belief that creativity is enhanced in larger groups. However, significant data indicates that large groups are detrimental to creative output. Some of the arguments against large groups are: a) The sum of ideas produced by individuals acting alone is greater than the sum of ideas produced by those same individuals when acting as a group. b) Large groups dilute ideas. c) Symptoms of group think increase as a group gets larger due to the illusion of invulnerability, unquestioned belief in the group’s morality and rationalisation by collective justification of decisions. d) As group size increases, the percentage of individual performance decreases. A single person is 95% engaged in a task, two people are each 90% e...

Accounting Software Classification and Types - Helping Small and Large Organization

Accounting software is an application or set of applications that records and processes accounting transactions according to the rules and regulations specified and takes every single transactional entry up to the final books like trial balance, profit and loss accounts and balance sheet automatically. Accounting is a part of life, it is required everywhere be it home, shop, services, companies or government departments. The books containing information about money transactions are compulsory. Accounting software makes the task of keeping account books easy. This is done in few ways like software helping a lay man in keeping his books who has no knowledge of accounting rules. Software helping small to large organizations in maintaining books with ease by doing processing and recording on its own and relieving accounts department from repetitive work and another way is to help in analyzing the accounts data for better and profitable decisions and getting alerts for wrong decisions or pi...