In the first part of our three-part series on "Demystifying Cost Accounting: Beyond the Numbers," we delve into manufacturing costing, an essential element often overlooked in business management. In this article, we explore how cost accounting can be leveraged not as a ledger confined to numbers but as a strategic resource.

The previous article delved into Zone to Win as a strategic decision-making framework for balancing growth and profitability. In this article, we’ll look at how organisations can use the Balanced Scorecard to strike a balance between growth and profitability.

In this article, we will explore the Zone to Win (ZTW) framework as a proven and powerful decision-making tool that can help managers and businesses achieve the balance between growth and profitability.

In this series of articles, we delve deeper into the importance of finding the right balance between growth and profitability and consider the importance of strategic financial planning. We will also explore two proven frameworks organisations can leverage to drive effective decision-making: the Balanced Scorecard (BSC) and the Zone to Win (ZTW).

A company must maintain short-term and long-term profitability, especially in uncertain times. This can only be achieved through the integration of profitability across global operations. The author of the article considers how to achieve it and which technology enablers can help us.

The author of this article illustrates the importance of aligning the type of Profitability Analysis with the requirements of the individual situation. He also explains what definition of Profitability Analysis is the most appropriate one.