"Principles taught in management courses sound so good in theory, working under the assumption everyone is even-tempered, well-organized, and process-driven.
However, in real life, people act irrationally, prioritize poorly, or rely on MBO (management by outburst). You must get things done, regardless.
Challenge One: Costing Projects
The public thinks large companies throw cash around. In reality, they throw nickels like manhole covers. Winning business is tough in a highly competitive environment. Firms need to bid attractively to win the business while making the job worthwhile financially."
Read Article: www.accountingweb.com/practice/practice-excellence/7-business-challenges-facing-cpas