New Carrots, Old Yardsticks?

Cash is back in incentive compensation, but companies are struggling to set the right performance targets.

The Lunatic You Work For

If the corporation were a person, would that person be a psychopath?

Avoiding Decision Traps

Cognitive biases and mental shortcuts can lead managers into costly errors of judgment.

The Backlash

The only thing that will make the furor over offshoring worse is hiding from it.

Euro Clash

Removing tariffs is easy. Breaking down social barriers to trade is hard.

So, Why Be Public?

Many observers have offered potential solutions. Some seek to address the issue of agency directly. Other prescriptions, including those embedded in the recently passed Sarbanes-Oxley bill, seek to increase transparency in financial reporting and strengthen the supervision of executives by boards. Although most of these provisions have merit, they raise more fundamental and often unasked questions: Can we solve the agency problem definitively and, if … [ Read more ]

The View from the East

India’s upstart IT-services firms face their own challenges from their giant rivals in the West.

Offshoring by the Numbers

Results of CFO Magazine’s survey of 275 finance executives at a broad range of companies.

The Great Divide

Or, what your CIO would really like to say to you if only the job market were better.

Less Ado about Options

An alternative to the Black-Scholes valuation model (the binomial method) could dampen the controversy over expensing employee stock options.

Best Practice Doesn’t Equal Best Strategy

Best practice doesn’t always equal best strategy. Best-practice benchmarking, rightly viewed as one of the most important tools for improving operational efficiency, can be a double-edged sword. Managers must guard against transforming what is a purely process-related technique into the overriding goal of strategic decision making. When industry competitors begin to herd around a single strategy, declining margins are bound to follow.

A Fine Balance

Certified accountants are back in vogue, but don’t forget the MBA. Skills and experience in both accounting and finance are best for a full career.

Everything in Moderation: The 10th Annual Cost Management Survey

According to CFO Magazine’s latest survey, companies have been diligently pruning overhead, leaving them primed to capitalize on an economic recovery.

Editor’s Note: The actual text of the article is of limited and topical value, but the reason I have posted this is for the useful CI info found in the industry tables, which list average cost management index (CMI) values for a variety of … [ Read more ]