Remove GAAP Remove Innovation Remove Management Remove Productivity
article thumbnail

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Analysts increasingly rely on non-GAAP metrics.

Report 8
article thumbnail

On Creative Accounting: Two Creativity Myths

Harvard Business Review

Say that in a roomful of managers, and you get nervous laughter. Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. An idea, behavior, or product is creative if it is both novel and appropriate to some goal. Tags: Creativity Ethics Innovation GAAP.