Balancing Acts Without a Tightrope
I recently read an interesting post about “How to become an expert tightrope Walker” by Erin Loury.
Erin starts the article with the following: “Life is a constant balancing act, especially if you’re a tightrope walker. The best athletes make treading a circus high wire or a low-hanging slackline look effortless, but they’re actually juggling complex challenges of perception and motor control. Now researchers have constructed a mathematical explanation of how such nimble acrobats remain upright. Their calculations point to a theoretical “sweet spot,” or optimal conditions for a person to balance on a line with minimal effort. Such a model may help scientists better understand how the brain and body work together to pull off difficult tasks.”[If you’re interested in seeing the rest of the article, which I strongly recommend, you can find it on the Sciencemag site – tightrope article.]
After reading the article, it occurred to me that it is not only the tightrope walker who depends on balancing expertise to remain on track; we all do, in every walk of life!
My thoughts went along the following lines:
Quality of life
The quality of our lives is undermined to the extent to which we do not succeed in maintaining a balance in our life style.
Elderly citizens face the challenging need to always maintain their balance to avoid breaking bones.
A balance needs to be maintained in relationships and attitudes. Predominately one-sided relationships tend to break down and extreme attitudes invite conflict.
On The Sports Field
Ball players, in particular, have a basic need to consistently maintain their balance when they strike the ball, or else frustration!
Countries, companies and just about everyone else live with the ongoing, and often challenging, need to balance expenditure with income, at times, to avoid disastrous consequences.
Out-of-balance control accounts are an accountant’s nightmare because the integrity of the balance sheet is at stake and the variances need to be resolved before the financial statements are released.
Imagine software that independently, reliably and automatically emails reports to financial directors and managers to draw attention to control account variances that they would otherwise not be aware of.
Further imagine that the source of each variance is identified and guidelines are provided for their resolution.
Such software would provide financial managers and their staff respectively with an efficient and cost effective means of control over and the maintenance of the integrity of the company’s fixed asset and working capital control accounts.
The good news is that our product, DataRapt, currently used successfully in 29 countries has all the above and many more features.
With DataRapt, the early detection and resolution of control account variances enables staff to spend their time more productively.
Why not contact us to discuss how we can help improve your company’s balancing act?