Remove Chief Financial Officer Remove Management Remove Short-term
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Deadly Disease of Management: Emphasis on Short-term Profits

Deming Institute

One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking. It is easy to focus on short term goals and use a somewhat simple short term figure to measure success. They simply get a letter from me every two years and call me when they wish.

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Different Types of Managers: Which one are you?

HR Digest

Managers are the people that lead a team, give instruction, and see that an organization’s goals are achieved, be it production, branding, or more. In Organizational parlance, there are four types of managers, the c-suite executives, the mid-level, the frontline managers, and the team leaders.

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Here’s Why Strategy Chiefs Succeed or Fail

Harvard Business Review

The existing management team had not addressed a range of issues, including required changes to store sizes, the product range, and which geographies the company focused on. So founder and CEO Tom Stemberg hired John Wilson as head of strategy and chief financial officer. Wilson went on to be COO of The Gap Inc.

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Hire by Auditions, Not Resumes

Harvard Business Review

We pay a standard rate of $25 per hour, regardless of whether you’re applying to be an engineer or the chief financial officer. It’s a huge time commitment, coordinating the short-term work being done by job applicants, but it leads to extremely low turnover. To Optimize Talent Management, Question Everything.

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If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

Andrew Fastow, the former chief financial officer of Enron, recently completed a six-year prison sentence for his part in the scandalous deception that hid Enron's financial troubles from investors. Fastow's message, an important one for all managers and potential managers, has two key points.

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An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

Contrary to the adverse experience of some governing boards, activist investors can actually prove to be a leadership asset on the board rather than a disruptive force—providing the boardroom is well-managed and led. Brown conducted the due diligence required of a director candidate. A partner with ValueAct, Bradley E.

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Throwing Out Insiders Won't Fix Corporate Boards

Harvard Business Review

The Wall Street Journal reported this week that chief financial officers are getting chucked off their companies' boards right and left as part of the push for more independent directors. The common view is that, as Felix puts it, "board members are meant to keep management under control.". Well, mainly from Michael C.