Why CEOs Like to Dine
Why do companies whose M&A activities fail to produce improved performance results keep acquiring? Some academics point toward research that indicates that CEO compensation could be a factor.
Content: Article | Author: Laurie Brannen | Source: Business Finance Magazine
Retaining Knowledge Capital
Facing massive brain drain from the retirement of a third of its workforce, Tennessee Valley Authority generated a knowledge-retention network to conserve its intellectual capital.
Content: Article | Author: Bob Paladino | Source: Business Finance Magazine | Subjects: Case Related, Knowledge Management
The Speed-Reading Organization
Ever since Activity-Based Costing turned out not to be as easy as A-B-C, businesses have longed for a simpler costing model. Time-Driven Activity-Based Costing may be the answer.
Content: Article | Authors: Robert S. Kaplan, Steven R. Anderson | Source: Business Finance Magazine | Subjects: Finance, Management
Upfront: Focus on Control, Cost Management Falls Short
Companies that focus on planning, budgeting and forecasting perform better than those that emphasize control and cost accounting and management, says this survey.
Content: Article | Author: Laurie Brannen | Source: Business Finance Magazine | Subjects: Best Practices, Finance
Sustainability Reporting: Straight to the Bottom Line
Two-thirds of the 250 largest companies in the world have adopted sustainability reporting as a tool to gauge future performance. This approach has little to do with vague concepts of corporate social responsibility or public relations ploys and everything to do with long-term business strategy. It is a crucial companion to financial reporting that provides data on nonfinancial factors related to environmental, social and governance … [ Read more ]
Content: Article | Author: Fay Hansen | Source: Business Finance Magazine | Subject: Social Responsibility (ESG)
Marcus Buckingham
In terms of managing human capital to drive the bottom line, most companies operate on two false assumptions. One is that people can be anything they want to be if they try hard enough. The second is that each person’s greatest room for growth is in his or her areas of greatest weakness.
Content: Quotation | Source: Business Finance Magazine | Subjects: Ability, Human Resources
Institutional Ownership Continues To Climb
7 Steps to Optimize A/R Management
Solid receivables management can result in a big payoff. Follow these seven steps to optimize accounts receivable management, reduce days sales outstanding, and create immediate and long-lasting value.
Content: Article | Author: John Salek | Source: Business Finance Magazine | Subjects: Best Practices, Finance
Marcus Buckingham
If you look at leadership in America, the message isn’t that every leader becomes well-rounded and fixes their failings. The message is partnership. You need to put a system in place to compensate for weaknesses. There is a limit to how much you can rewire someone’s brain. For example, some people don’t think strategically. They don’t play out what-if scenarios; they don’t anticipate and put … [ Read more ]
Content: Quotation | Source: Business Finance Magazine | Subjects: Leadership, Personal Development
Jim Loucks
Unfortunately, in many companies, the CFO is handling financial risk, the CEO is handling strategic risk, and the COO is handling operational risk, but no one is looking at all those risks as one.
Content: Quotation | Source: Business Finance Magazine | Subject: Risk Management
Currency Risk: To Hedge or Hedge Not?
In the global economy, treasurers increasingly need to know how and when to hedge against foreign exchange exposures.
Content: Article | Author: Karen M. Kroll | Source: Business Finance Magazine | Subjects: Finance, International
Falling Wages Reshape Labor Costs
Torrent of Capital Streams Through PIPEs
Say What?
Understanding your personal communication style — and tailoring your messages to ensure that co-workers get the true meaning — can help you avoid serious management problems.
Content: Article | Author: Carol Orsag Madigan | Source: Business Finance Magazine | Subjects: Organizational Behavior, Personal Development
The Art of the Interview
Like Barbara Walters questioning a celebrity, managers can elicit valuable information from job candidates by artfully conducting an interview. Here’s how to sharpen your technique.
Content: Article | Author: Carol Orsag Madigan | Source: Business Finance Magazine | Subject: Human Resources
Surviving (and Thriving) With Difficult Co-Workers
Of all the people you work with, who would you least like to be stranded alone with on a desert island? While your worst nightmare is an unlikely scenario, problem people are permanent workplace fixtures, leaving you nowhere to run. Learning some emotional survival skills can help ease the pain of close encounters you can’t avoid.
Content: Article | Author: Carol Orsag Madigan | Source: Business Finance Magazine | Subjects: Organizational Behavior, Personal Development
Instilling a BPM Mind-Set Into IT Practices
A balanced scorecard for information technology and a portfolio management approach to IT projects can help align the function’s performance with corporate objectives.
Content: Article | Author: Tad Leahy | Source: Business Finance Magazine | Subject: IT / Technology / E-Business
A Kinder, Gentler (Legal) Way of Firing
Firing an employee can be painful, emotional and, if done incorrectly, costly. Following some basic procedures and acting as a corporate humanitarian rather than a corporate assassin can help you avoid the agony of a legal battle.
Content: Article | Author: Carol Orsag Madigan | Source: Business Finance Magazine | Subjects: Human Resources, Legal
Baring the Books, Part One
Advocates of open-book management say that wealth can be created for customers, employees and shareholders by teaching everyone to understand, track and take responsibility for financials. The process has, in fact, been the salvation of some organizations. But such openness goes against the grain of traditional corporate cultures and the implementation involves major challenges – especially for big companies.
Content: Article | Author: Ivy McLemore | Source: Business Finance Magazine | Subject: Management
2006 Finance Executive Career & Compensation Survey
Lucrative opportunities for short-term rewards in the corporate world are tempting managers to forgo crucial development experiences, suggest the results of Business Finance’s annual Finance Executive Career & Compensation Survey.
Content: Career Information | Author: Eric Krell | Source: Business Finance Magazine | Subject: Benefits / Comp.
