SEC updates FSOC on money-fund rules
The Securities and Exchange Commission has updated the Financial Stability Oversight Council on possible changes to rules for money market mutual funds. Jack Lew, sworn in as U.S. Treasury secretary Thursday, leads the FSOC. The risk council also discussed the designation of nonbank financial companies as systemically important. Meanwhile, Sheila Bair, former head of the Federal Deposit Insurance Corp., has criticized regulators' process of determining whether a company is systemically important. Bloomberg
|Get Creative: 10 Ways to Think Outside the Box|
No matter your business, smart solutions come from out-of-the-box thinking. We all know creativity is king, but are you doing all you can to inspire and encourage creativity in your staff? Read the article and learn 10 ways to inspire creativity at your office.
What small businesses need to know about lending trends
Small businesses must be aware of lending trends as they seek out financing, SCORE Association CEO Ken Yancey writes. The larger the bank, the less likely it is to lend to small businesses; well-capitalized, newer and less-profitable banks are more likely to lend to small companies, Yancey notes. He also says Small Business Administration loans should be considered. By contrast, alternative sources of capital such as crowdfunding should be approached with caution, Yancey writes. SCORE Small Business Success Blog
Chartered Accountants Worldwide launches
Six bodies worldwide for chartered accountancy, including the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of Scotland, have created an entity, Chartered Accountants Worldwide. CAW differs from other bodies in that it focuses on promotion, an ICAEW spokesman says. Institutes in Australia, Ireland, New Zealand and South Africa also are members. Accountancy Age (London) (tiered subscription model)
|Transformational Journeys: Modern Business Planning|
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.
Awards are a crude measure of creativity
Two German advertising agencies have withdrawn from the awards ceremonies traditionally used to recognize the most successful creative work. That's because more precise metrics are available, making such ceremonies redundant, Werner Reinartz and Peter Saffert write. "Once the business world starts to realize this ... we'll find out a lot more about what types of creativity work best in what context. And then we can consign all those plaques and statuettes to the boxroom," they argue. Harvard Business Review online/HBR Blog Network
Becoming the boss can be like being swept overboard
Abruptly being promoted into a leadership position is like being swept into "turbulent seas ... without a visible lifeboat," writes Art Petty. To stay afloat, it's important to be realistic about your new role, to work hard and humbly, and to support subordinates and superiors. "[I]t's up to you to sink or swim," Petty writes. ArtPetty.com
|The IDC Market Spotlight on Network Automation and Agility|
The arrival of virtualization, cloud computing, and mobility has strained data center networks—and IT staff—like never before. This Market Spotlight explains how data center network fabrics provide a foundation for automated provisioning, configuration, and management of network-based services in a new era of IT agility. Download now.
|The ROI of Privacy with TRUSTe Solutions|
Investment in a Data Privacy Management Platform can deliver significant, positive financial returns for corporate bottom lines. The "Total Economic Impact (TEI) of TRUSTe" Study explains how Forrester Analysts calculated a 151% ROI for TRUSTe customers. Download the study now.
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