News

Winning KPIs

Accurate and appropriate definition of KPIs is vital for the effective use of Balanced Scorecards, argues David Parmenter. Here are six ways to adapt and apply the BSC model to the contemporary business environment.

Emerging markets look bullish

Equities in emerging markets – especially Brazil, Russia, India and China – have surged in January. Funds that saw big losses last year are enjoying a recovery in 2012. But factors in the US and Europe might keep investors from selling just yet, analysts say. Forbes.com, January 27th 2012

Wet weather drying up revenue

Floods in Thailand are dealing companies a one-two punch. Supply chains are being slowed, hampering companies’ ability to fill orders. Meanwhile, costs – especially for insurance – are expected to rise because of the natural disaster. CFO.com, January 26th 2012

Revenue revised

The global accounting profession has given a cautious welcome to the latest exposure draft on accounting standards for revenue recognition. Experts say that the proposed changes represent a move towards a clearer, more consistent standard, though some issues remain unresolved.

CEOs seeking value in human dimension of business

CEOs are placing more emphasis on non-financial aspects of their businesses as they chart their futures. At the same time, executives worry that the short-term focus of investors is hindering their ability to plan for the long term, according to a study commissioned by the AICPA and the Chartered Institute of Management Accountants.

How to balance cultural views on networking

See how foreign-born and American-born professionals differ in their views on how to properly begin a networking conversation, and get three tips for successfully adapting behaviour across cultures. HBR Blog Network, January 17th 2012

Deloitte report calls for business-driven HR evolution

Human resources must embrace expanded role as business world goes global. Human resources departments need to develop new strategies to stay relevant in a rapidly changing global business environment, according to Deloitte. In a 140-page report titled “Global Business Driven HR Transformation: The Journey Continues,” Jason Geller and Arthur H.

Letter from… Beijing

Forget China’s old image as a low-cost manufacturing base. The country is now a burgeoning market for high-end Western goods and services. The Daily Telegraph’s Beijing correspondent Peter Foster charts the challenges and opportunities ahead.
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