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Enhancing the leadership
potential of today's corporate financial executives |
In this issue |
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cover story
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Does Good Governance Equal a Great
Board? |
"While good governance structure doesn't
guarantee a great board, it can help improve the chances that a board
will function well...top-notch boards need two essential elements,
independence and a good ownership structure, to have high governance
standards." While it's difficult to identify great boards, there are
some "hallmarks of excellence":
- "A separate independent chairman
[and]...a lead director."
- "Non-executives...meet alone as a
matter of policy, not just in an emergency."
- The board conducts "a
self-evaluation where the members comment on each other's abilities
and performance."
- A well-performing board adds value
to shareholders.
- Board members have experience, know
the industry and have time to devote to your company.
- The board ensures that compensation
policies focus on more than short-term incentives.
Read more.
Business Week
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flash file
(hot topics in today's business news)
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IFRS |
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IFRS Coming to America |
"US companies may soon be permitted
to prepare financial statements using IFRS in place of GAAP."
Conversion presents challenges, however.
Read more.
KPMG
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GAAP and IFRS Show Different Results |
"International accounting standards
helped cause Daimler AG's Chrysler unit to report its huge loss last
year."
Read more.
CFO
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forecasting |
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Tight Economy Calls for More Forecasting |
"When the economy starts to slow
down, businesses need to take a close look at their profit
forecasts, and frequent re-forecasting should be high up on the
agenda."
Read more.
FSN
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negotiating |
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Dealing With a Hardball Negotiator
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"[W]hat happens when you
encounter someone with a great deal of power...who is also the
ultimate non-negotiable partner?"
Read more.
Harvard Business School
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healthcare |
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Who Should Pay for Healthcare? |
Most US companies would prefer
"private-sector solutions" over "a single-payer healthcare system or
state legislation mandating coverage."
Read more.
Watson Wyatt
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volunteerism |
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Why Encourage Employees to Volunteer? |
Not only does it offer employees "a
broader perspective on business," but volunteer programs help
to attract and retain millennials to fill Baby Boomer vacancies."
Read more.
Wall Street Journal
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Don't Underestimate the Value of
Volunteerism |
The "overwhelming majority of human resource professionals view
skills-based volunteerism as a powerful and cost-effective
professional development tool."
Read more.
Deloitte
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professional development
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Capital Investments: To Spend or Not to Spend, That is the Question
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June 18 Chicago, IL
July 24 Bloomington, MN
Develop a framework to identify the range of possible capital
budgeting outcomes. Learn how to identify the signs and symptoms of
successful (and unsuccessful) capital projects. Plus, receive
several Excel spreadsheet templates on CD designed to measure,
evaluate and analyze the risk of capital expenditures.
Get more information and register.
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career center |
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Internal Auditor
(Madison, WI)
The Internal Auditor will provide management with
objective analyses and appraisals developed in conjunction with the Internal
Audit Department's review of the accounting, financial, compliance, contractual
and other operational activities.
Great Lakes Educational Loan Services, Inc. is an industry leader dedicated to
helping students and families build better lives through higher education. Great
Lakes, headquartered in Madison, Wisconsin, employs over 950 people in various
accounting, customer service, IT and support functions.
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