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January 15, 2013
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Business Finance Today 
FEATURED ARTICLE: Understanding the Power of the Pareto Principle
Here's how the Pareto Principle, also known as the 80-20 rule, can show you which customers you should spend the most time with. Read the article to learn more.

Your Bottom Line 
Excel and Modern Financial Planning
In today's digital age in financial planning, a new role of the "modern financial modeler" is coming to surface to bridge the gap between financial operations and strategic finance. View a complimentary copy of the Blue Hill research report and learn the role, skills and background of the "modern modeler", strategies and tools that provide for transition to this role for individuals, and best practices and pitfalls in moving to this set of skills.

In the C-Suite 
  • Beef up bench strength with smarter hiring
    Bench strength is critical for adapting to changes and being more innovative, so develop a more qualified workforce by hiring "the perfect match and don't fall prey to the 'we just need someone' syndrome," writes Russell Glass, CEO of business marketing company Bizo. He also advises making hires of people who are a cultural fit and being transparent with employees because they will help make smarter decisions for the organization, he writes. VentureBeat (1/13) LinkedInFacebookTwitterGoogle+Email this Story
  • Before hiring, find out how people act around their spouse
    When Harman International Industries CEO Dinesh Paliwal wants to make a hire, he takes the candidate and that person's spouse out for dinner. It's a chance to watch how the couple interact but also to see whether the potential hire answers questions differently when watched by a loved one. "I learn things that I couldn't learn any other way. ... It's amazing what you learn," Paliwal says. The New York Times (tiered subscription model) (1/12) LinkedInFacebookTwitterGoogle+Email this Story
On the Move 
  • Ronald Alexander has been named executive vice president and CFO at Dovel Technologies. Alexander was a consultant for Dovel. Washington Technology (1/14) LinkedInFacebookTwitterGoogle+Email this Story
  • Kevin Bradley will become CFO at Terex. Bradley is president of the company's Cranes division. The Motley Fool (1/14) LinkedInFacebookTwitterGoogle+Email this Story
  • Jared DiPalma has been promoted to CFO of NBC Universal Entertainment & Digital Networks and Integrated Media. He was senior vice president of finance at the unit. The Hollywood Reporter (1/14) LinkedInFacebookTwitterGoogle+Email this Story
Off the Charts 
  • Cat outpicks humans in stock-selection contest
    A tabby cat has topped investment professionals in a stock-picking contest. The cat, Orlando, picked his stocks by dropping his favorite toy mouse on a grid of numbers that corresponded to different stocks. The investment professionals picked their stocks using more conventional means. The Observer (London) (1/12) LinkedInFacebookTwitterGoogle+Email this Story
The increased emphasis on regulatory compliance and financial controls makes internal audit's role more important now [than] it has ever been."
--Daniel Zeppetello, audit manager at Alliance Bank, as quoted by The Wall Street Journal's CFO Journal
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