Friday, November 20, 2009

Industrial Networking

I have just completed a ten-day NAfMA 2009 second visits. As the head assessor for the visits, we really had to scrutinise participants' management accounting tools and how they (the MA tools) have contributed significantly to the companies' value creation.
It was indeed a very taxing 10 days for me. Nevertheless, one of the most satisfying aspects of the judging is how much one learns from the industry. The networking that academics like me is able to establish with key industry players is invaluable. NAfMA is actually creating a win-win environment to participating companies, to the assessors and to the organizors.
All second-time participants have come out very strong this year with much more management accounting tools being showcased. Congratulations NAfMA...and thank you for the opportunity given to ARI and AMARC to be a partner to NAfMA.