High Performance, Integrity the GE Way

November 13, 2008

In his new book High Performance with High Integrity, Ben W. Heineman Jr., GE's former general counsel and senior vice president of public affairs, offers his take on the challenges faced by the contemporary corporation.

BPM's Leading Lights and Guiding Stars

November 11, 2008

The winners of the Business Finance 2008 Vision Awards -- Presbyterian Healthcare Services, Seattle City Light, and the South Dakota Department of Transportation -- amply illustrate why principled, aligned implementations are the order of the day. Each of these standout programs demonstrates how a carefully selected external reference point -- a kind of strategic North Star -- can help to orient the project and channel its energies.

Remedying Performance Compensation Gridlock

November 10, 2008

Performance management requires companies to align compensation with strategy, but many companies are not using the right software tools to do it.

Slouching Toward IFRS

November 5, 2008

International financial reporting standards are not going away. How long can U.S. companies keep dragging their feet?

BPO Deals in the Downturn

October 23, 2008

With top-line prospects dimming, companies are taking another look at outsourcing their back office functions to cut costs and protect profitability. We asked Archstone Consulting principals Mark Schmeling, CFO advisory services practice leader, and Maureen Piche, business process outsourcing (BPO) practice leader, for their insights into the BPO option now.

Why Sales Is Ripe for Performance Management

September 25, 2008

Sales departments need help to drive profitability and to avoid getting bogged down by inefficient budgeting and planning processes.

Finance in the Flat World

September 8, 2008

Earlier this year, global consulting and services firm Accenture published the latest in a series of studies of high performance in the finance function, focusing on the challenges and opportunities presented by globalization. Business Finance talked with Dan London, managing director of the firm’s finance and performance management service line, about the research.

BPM Enters the Age of Carbon Finance

September 5, 2008

Setting strategic goals, tracking progress, marshaling data that's scattered around the enterprise ... Going green sounds like a job for business performance management software.

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Watch Costing Prof. Charles Horngren

August 18, 2008

Business Finance interviewer Steve Player speaks to legendary costing professor Dr. Charles Horngren of Stanford University, whose market-leading textbook, Cost Accounting: A Managerial Emphasis (first issued in 1962 and now in its 13th edition from Prentice Hall), has been used to train more CFOs than any other text. See related article.

Report: Globalizing G&A Delivers Massive Savings

August 26, 2008

Many companies that offshore their general and administrative processes, either through a captive offshore operation or a business process outsourcing (BPO) service provider, save 25 percent to 50 percent of their baseline costs, according to new research from The Hackett Group.

The Pragmatist's Guide to Best Practices

August 18, 2008

For those of you who know the frustration that comes when so-called best practices fail to live up to their flattering handle, the Pragmatist knows your pain.