Author page: Andrey Mitskevich

On the Need to Change Methodology of Calculating Labour Productivity

#6. For the High Norm
On the Need to Change Methodology of Calculating Labour Productivity

In May 2018 the Decree of the RF President formulated the task: an increase in labour productivity at the enterprises of basic non-primary sectors of the economy by at least 5% per year. Obviously, key performance indicators (KPIs) of companies with state participation should include this indicator. But this is hampered by imperfection of both the methods of calculating the indicator itself and the calculating methodology for the integral indicator of the companies’ KPI. In the article, the author cites a number of inaccuracies (defaults) in the traditional calculation of labour productivity and suggests a new approach to its calculation.

Manifesto of Individual Business Education

#5. Digital Agitation
Manifesto of Individual Business Education

How to supplement the general and therefore averaged and academic business education, how to bring it closer to the needs of a particular businessman or manager? Individualization of business education as an institution can and should be built into the services of business schools and corporate universities, as well it should be used in consulting companies. The article discusses the main principles and methods of individual business education: androgogy, individual trajectory, training consulting, inclusion of trainees in projects, combination of general and individual education in business schools.

Lost Profit in Case of Client’s Refusal to Purchase Part of the Contract: Accounting

#4. The Square of Transformation
Lost Profit in Case of Client’s Refusal to Purchase Part of the Contract: Accounting

There are two approaches to estimating lost profit: the traditional accounting approach (“full costs accounting”) and the one based on direct costing logic (“incomplete costs accounting”). The article demonstrates that the second approach takes into account additional benefits and costs, that’s why it is economically correct. It shows lameness of legal practice applying “Temporal methodology for determining damage (losses) caused by economic agreements violations”. It proposes to develop methodology for calculating losses in case of client’s refusal to purchase part of customs under a long-term contract.

Analysis of the Current Remuneration System Equilibrium

#6-7. 100 Years of War: The Point of Beginning
Analysis of the Current Remuneration System Equilibrium

SSM — an original technique allowing to undertake a comprehensive analysis of the wages system and to offer methodological tools for the development of a new concept of a balanced remuneration system.