The recent crisis in the financial markets has exposed serious flaws in management methods. The failure to anticipate and deal with the consequences of the unfolding collapse has starkly illustrated what many leaders and managers in business have known for years; in most organizations, the process of forecasting is badly broken. For that reason, forecasting business performance tops the list of concerns for CFO's across the globe.It is time to rethink the way businesses organize an...

There’s a bewildering array of management tools out there. And they all promise to help you excel at the toughest parts of your job: defining your organization’s strategic direction, managing customers and costs, and boosting workforce performance.But just 30 percent of these tools deliver as intended. Why? As Jeremy Hope and Steve Player reveal in Beyond Performance Management, while many tools are sound in theory, they’re misused by most organizations. For example, execu...

There's a bewildering array of management tools out there. And they all promise to help you excel at the toughest parts of your job: defining your organization's strategic direction, managing customers and costs, and boosting workforce performance. But just 30 percent of these tools deliver as intended. Why? As Jeremy Hope and Steve Player reveal in Beyond Performance Management, while many tools are sound in theory, they're misused by most organizations. For example, executives b...

This book provides a surprisingly straightforward, easy-to-understand guide to one of the most powerful financial tools in business: a reliable financial forecast. It's the secret to driving growth, profitability, and cash flow higher and higher in your company.

A little boy thought it would great fun to call in a fire alarm to watch the firemen and their engines come to his house. When the firemen got there and found no fire they were upset. This happened two more times and after the third time the Fire Chief was so upset he told the little boy they would not come out to one of his alarms again. The next day the there really was a fire at the little boy's house and no matter how loud the little boy yelled the firemen would not respond and the hou...

Stewart was the Fire Captain's son and Stewart wanted nothing more than to become a junior fireman, a "fire boy." Finally the Captain agreed and Stewart had a bed right along with the regular firemen.When the first alarm sounded Steward was so excited he forgot to put on his boots and all the firemen waited while Steward went back for his boots. Needless to say, this made them late to the fire and everyone was upset. The firemen began calling him "Scatter-Brain Stewart." This behav...

Drawing on the latest research into cognitive science, Art Markman shows you how to maximise your capacity to learn and solve problems effectively at home and at work.Think smart people are just born that way? Think again.Art Markman, one of the premier cognitive scientists in this field, demonstrates the difference between raw intelligence and 'smarter' thinking. Using examples from his own lab and stories from the worlds of business and popular culture, M...

An essential guide to the calibrated risk analysis approachThe Failure of Risk Management takes a close look at misused and misapplied basic analysis methods and shows how some of the most popular "risk management" methods are no better than astrology! Using examples from the 2008 credit crisis, natural disasters, outsourcing to China, engineering disasters, and more, Hubbard reveals critical flaws in risk management methods–and shows how ...

A survival guide for the FinTech era of bankingFinTech Innovation examines the rise of financial technology and its growing impact on the global banking industry. Wealth managers are standing at the epicenter of a tectonic shift, as the balance of power between offering and demand undergoes a dramatic upheaval. Regulators are pushing toward a 'constrained offering' norm while private clients and independent advisors demand a more proactive role; practition...

Budgets can be used by assessing the employees. There are different types of budgets, Start up budget, Sales budget, and Summary budget. Working capital, also known as net working capital or NWC, is a financial metric which represents operating liquidity available to a business. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital.Get now your Financial Accounting book to master your skills!

At a time when corporate scandals and major financial failures dominate newspaper headlines, the importance of good risk management practices has never been more obvious. The absence or mismanagement of such practices can have devastating effects on exposed organizations and the wider economy (Barings Bank, Enron, Lehmann Brothers, Northern Rock, to name but a few). Today's organizations and corporate leaders must learn the lessons of such failures by developing practices to deal effective...

A groundbreaking guide to making profitable business decisionsDo you wonder why your value initiatives aren't providing the payoff you'd hoped for? Could it be because you've been thinking about value all wrong? According to the authors of this groundbreaking guide, there's a very good chance that you have. Using examples from leading companies worldwide, they explain why every decision a company makes either creates value or detracts from it, and why, if they hope...