On Creative Accounting: Two Creativity Myths

Harvard Business Review

"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.


We Can’t Study Short-Termism Without the Right Metrics

Harvard Business

FCLT and McKinsey rely on readily available and machine-readable accounting data to measure myopia. I have worked on research that has found that a strong company culture is associated with lower levels of myopic decision making, better productivity, and innovation. By spinning their accounting performance, they may postpone having to make hard strategic decisions. Creative accounting measures. Strategy Accounting Digital Article

Who Gets a Seat at the Table?

Harvard Business Review

Yeaney cites three key benefits: First, the process generated "more creativity, accountability, and commitment." Disruptive innovation Leading teams Transparency"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.