Employees are inarguably the most valuable assets of every organisation. They are in their own ways contribute to the success of the company and the employers must try their best to nurture, develop and retain them so they become indispensable resources later on.

Whether your organisation is already well-established, internationally recognised, or you're just a small start-up, one thing for sure you cannot ignore the tremendous benefits of a properly trained and developed workforce can bring.

In amid the Industry 4.0, most human activities are maximised with the help of advanced technologies, thus, people tend to concentrate on improving their skills to enhance their performance. That is the main reason why various businesses nowadays put a strong emphasis on training and developing their employees to improve their current professional workforce. 

Businesses, no matter how big or small, all want to make high quality, impactful business decisions. In order to be able to do so, the business must be equipped with accurate, fact-based and timely data. This is where management accounting comes in.

The human psychology is probably one of the most difficult issues to study today. Therefore, personality assessment takes a lot of time and effort. This is precisely why a systematic approach was born to support this process. The solution is the HEXACO model of personality, created by Ashton and Lee, based on the work of Costa, McCrae and Goldberg.

Have you ever wondered whether the current job is suitable for you? The Big Five Personality Traits (or the Five Factor Model) can help answer this question. It is a theoretical background used to analyse and understand the general components of our personality that seem to be the most crucial in the workplace and our daily life. 

Since the early days, Management Accounting has played a critical role in helping executives to make impactful decisions. However, many people have easily mistaken Management Accounting for "Financial Accounting". When you clearly understand these two concepts, you will see that they have obvious fundamental differences.

Read more: Why Management Accounting is Essential for Sustainable Success

Organisations rely heavily on their workforce to compete in today's evolving and unpredictable economy. In order to ensure your employee's productivity is always top-notch, organisations first need to select the right people, put them in the right jobs, at the right time. The career that aligns with your employee's interest and makes them feel engaged, it is guaranteed that your organisation has earned a unique competitive advantage.