Knock, Knock - Opportunity

Knock, Knock. Who's there? Oppurtunity!! Can't be. Why Not? Bcoz Opportunity knocks only once.

I had a good laugh when I watched this video.

The lady tells, "If you type google into the google, you can break the internet."

Type google into google and you will notice the results on the right hand corner 1800 million hits. This indicates that the word google is on 1800 million websites.

Now try search your name on google. E.g "Santosh Puthran" and check whether you are visible on any websites. If there too many people with your name, the try "Your Name " Cost Accountant. Check the results and determine whether the results help you professionally.

So if you do not find yourself on google search, then it is time to be active on the web to promote yourself professionally:

Create your profile on www.linkedin.com and connect with your colleagues and ex-colleagues who will help you to recommended.
Participate in discussions of your accounting body both virtually (yahoogroups or discussion board) and physically in seminars / meetings. This will help to promote your presence.
Social Networking sites like www.digg.com , www.stumbleupon.com and www.indianpad.com are very good. Find good topics for discussions and share it in the professional community.
Start Blogging on what you specialise. Blogger and Wordpress are one of the best sites. Or if you are a practising firm, please maintain an up-to-date website.

The best things in the world are free on the internet. So why not use them to promote professionally.

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Regards,

Santosh Puthran
Management Accountant Blog

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Learning Curve Theory is concerned with the idea that when a new job, process or activity commences for the first time it is likely that the workforce involved will not achieve maximum efficiency immediately. Repetition of the task is likely to make the people more confident and knowledgeable and will eventually result in a more efficient and rapid operation. Eventually the learning process will stop after continually repeating the job. As a consequence the time to complete a task will initially decline and then stabilise once efficient working is achieved. The cumulative average time per unit is assumed to decrease by a constant percentage every time that output doubles. Cumulative average time refers to the average time per unit for all units produced so far, from and including the first one made.

Major areas within management accounting where learning curve theory is likely to have consequences and suggest potential limitations of this theory.

Areas of consequence:
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Poll : Does CIMA, UK qualification add value

Poll : Does pursuing CIMA, UK qualification add value to a member of ICWAI, India ? Vote on the poll and share your thoughts by commenting the blog.

Poll: Vote here

I feel that if you are a member of ICWAI and you pursue CIMA, UK qualification, you are not adding any value to your skills since you will be learning the same. Once you are qualified, you are still a Cost & Management Accountant but from UK. For an employer, I would still have same skills and training on Management Accounting.

However if you pursue qualification like Company Secretary or CPA or ACCA, your skills are enhanced with the knowledge gained during training and passing of exams. After qualification, you are bound to follow the CPD programs of ICWAI and other institute. In competitive world, employer look for people with multiple skills.

Which one promotes you as professional better against your name:
AICWA, ACMA
or AICWA, ACS
or AICWA, CPA
or AICWA, ACCA

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Regards,

Santosh Puthran

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