Management
Manufacturing Strategy
A recent Reuters article states that large U.S. manufacturers are more likely than their smaller peers to move production to the United States from China. To quote from the article, “Labor costs and the quality of goods are the top reasons for companies to consider so-called “re-shoring,” with some companies considering the United States a de [...]
Risk Management in IT
Strategic Alignment It seems that is very hard to protect an organization from IT risks if such risks are not managed and mitigated under a broader risk management framework. To be truly effective, IT risks must be addressed as part of an overall risk management framework. The COSO & COBIT frameworks both give us broad principles [...]
How chasing Quarterly Financials leads to wrong decisions (continued……)
What harm could be done in the absence of quarterly reporting? Analysts would get less frequent communication and information but would it be entirely a bad thing? What good information is anyway if it becomes an end in itself and destroys shareholder value?
The Management Accountant’s role in Marketing Strategies
I have always been comfortable working with marketing and supporting marketing managers make good decisions. Since marketing typically comes before sales there is more planning and creativity involved in the process. However marketing managers and vice presidents don’t always understand the financial impact of their decisions- that’s where they come to us for support.
Internal Auditing- view from my chair
The internal audit function should add real value to justify its existence, not just focus on compliance with GAAP and regulations.
Getting Naked: A Business Fable About Shedding The Three Fears That Sabotage Client Loyalty
more about "Getting Naked: A Business Fable About…", posted with vodpod
How chasing quarterly financials leads to wrong decisions
Do you agree that chasing quarterly financials leads to wrong decisions? Are investors better off with just timely and accurate reporting of quarterly results?
Still following Toyota- Secretive Culture Led Toyota Astray
“Evidence had been mounting for years that Toyota cars could speed up suddenly, a factor suspected in crashes causing more than a dozen deaths. Toyota had blamed the problem on floor mats pinning the gas pedal. Now, the two Toyota men revealed they knew of a problem in its gas pedals.”
Toyota’s Troubles Started with Fixation on Growth
Toyota’s Troubles Started with Fixation on Growth By Sean Silverthorne http://blogs.bnet.com/harvard/?p=5471&tag=col1;post-5471 Surprising to have this from the company that invented lean- they must have taken shortcuts and deviated from their principles. Lesson learned- never pursue growth at the expense of quality, profitability and image. Toyota is great because of their long-term thinking as opposed to qtr [...]
A world of connections
desc via http://www.economist.com/specialreports/displayStory.cfm?story_id=15351002&source=hptextfeature.
Kal
