Harvard Business Review

NOVEMBER 29, 2010

"Creative accounting" is really bad. For me, it evokes a wonderful old New Yorker cartoon by Robert Weber , where a small, meek accountant stands before the desk of an overfed chief executive exhorting the accountant to rescue the company: "It's up to you now, Miller. The only thing that can save us is an accounting breakthrough." Wall Street's " financial innovations " of recent years seem to have given creativity a bad name.

GAAP 17

GAAP Creative Accounting Balanced Scorecard Intangible Assets 17

Harvard Business Review

NOVEMBER 29, 2010

Creative Accounting 17

Creative Accounting Creativity 17

Deming Institute

APRIL 7, 2016

The best policy may be to avoid incentives altogether and focus instead on creating systems in which intrinsic motivation, cooperation, ethical behavior, trust, creativity, and joy in work can flourish. Point 10 on W.

Hammer 79

Hammer Incentives Sports Cooper 79

Harvard Business Review

APRIL 5, 2017

FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia. By spinning their accounting performance, they may postpone having to make hard strategic decisions. Creative accounting measures. Similarly, a good indicator for myopia is a company’s use of performance measures that are not compliant with generally accepted accounting principles , as it may effectively spin the financial results.

EPS 13

EPS Depreciation EBITDA McKinsey 13

Harvard Business Review

DECEMBER 13, 2011

Yeaney cites three key benefits: First, the process generated "more creativity, accountability, and commitment." "That was a small lesson I learned on the journey. What is interesting and important happens mostly in secret, in places where there is no power. Nothing much of lasting value ever happens at the head table, held together by a familiar rhetoric.

Bureaucracy 16

Bureaucracy COO Airlines McKinsey 16