Managing people from different countries, where attitudes, careers, families and work-life integration might vary widely, can be one of the biggest challenges in the evolving workforce. The effective management of your team can be greatly increased by your understanding of and ability to manage cultural differences. Finding the best strategies to manage these differences can be accomplished by researching the challenges and best practices as well as working closely with your managers and speaking with your employees to better understand any concerns they may have. Why is it important to understand cultural differences? Managing a diverse workforce requires understanding the…

You have possibly looked into outsourcing vs. offshoring while searching for solutions to boost the productivity and profitability of your accounting business.  But how are outsourcing and offshoring different? Although outsourcing work is less expensive than doing it internally, the person conducting the work will never be a member of your team and will just do the work that has been agreed upon. Because the people doing the work for you will vary task by task, the quality varies, and any feedback you provide is only temporary because someone else will probably do the next task. Additionally, you must oversee…