Organizational Decision Making
The constant shifts in the marketplace require business organizations to continually react and adapt. As different departments within organizations adapt to changes, the accounting department often finds itself in a reactive position, especially if it is not involved in some of the decisions made by senior executives or other departments. In most cases, interdepartmental communication is a key component of success.
In your opinion, what role does the accountant play in the decision-making process within organizations?
Share your own experiences within your organization or those of others, noting how the role of the accountant interacts with other departments within the organization.
What are the primary communication tools that accountants use in an organization to communicate with their counterparts in other parts of the organization and assess whether they are the most efficient?