How JPMorgan Chase’s “London Whale” Incident UnfoldedIn 2012, a $6 billion loss by JPMorgan Chase shocked the financial world. The incident, now infamous as the “London Whale” scandal, was caused not by market volatility, but by an Excel error. That’s right—something...
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How to Use a Macro to Automate Repetitive Tasks in Excel
If you're someone who works with numbers, you probably spend a good bit of your day working in Excel. In that case, you’ll know that there are certain tasks you have to do over and over again – like entering the same data into different cells or copying and pasting...
What the Workplace Will Look Like in 2022? 3 Continuing Trends and How We Can Help Along the Way
2022 is here, and with it comes continued trends for the workplace. Since the start of the pandemic almost two years ago businesses have been adapting to the challenges that developed as a result. An article released by MIT Sloan Management Review suggests that over...
How to Select and Hire an External Expert Consultant
While there are a few reasons why you may hire an external consultant, the end result should always be the same -- the successful completion of a project. Whether you hire a consultant to manage an overwhelming company task list or simply to offer your team a fresh,...
Outsourcing 101: When does outsourcing make sense?
“Outsourcing” is a term used to refer to the practice of hiring an outside party to perform services that otherwise could, or would, have been completed in-house. Many companies and individuals who run businesses use outsourcing as a way to get necessary tasks...
How to Write a Good Project Scope
Every solid project begins with organized documentation that helps guide the progress of the project. The type of documentation that is required will vary from project to project, but, ultimately, both the client(s) and the contractor(s) are responsible for providing...
The Dos and Don’ts of Restructuring Your Data in Excel
If you have experience working in Excel, you know that data occasionally needs to be restructured for various reasons. It may need a slight revamp to accommodate changes, such as the addition or removal of information. It can also become disorganized or otherwise...
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