Financial-reporting data quality, visibility still problematic
Companies still struggle with data quality and analysis within their financial-reporting system, despite significant investment, according to a study by Oracle and Accenture. Leading companies are addressing this issue by taking a holistic approach to data quality and visibility, says Scott Brennan, a partner in Accenture's finance practice. "The laggards are doing piecemeal investments in the close and consolidations process without really addressing the whole of the process," Brennan said. Business Finance
|Transformational Journeys: Modern Business Planning|
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How to lead when you're not in charge
You don't have to be in charge to be a leader, writes Nan Russell, author of "The Titleless Leader: How to Get Things Done When You're Not in Charge." Create a "natural following" by paying attention to fundamentals such as being trustworthy and helping others. "Like 17th-century musketeers who understood if one was in trouble, they all were in trouble, those who get great results operate with unspoken commitments that go beyond self-interest," Russell writes. Forbes
Have too much to do? Take a break, and you'll get it done
Short on time during working hours? One way to address that is to take strategically timed breaks, writes Tony Schwartz, CEO of The Energy Project and author of "Be Excellent at Anything." Research shows that breaks such as daytime workouts, short afternoon naps and more frequent vacations boost productivity and job performance. This seems counterintuitive in most workplaces, he admits. "In most workplaces, rewards still accrue to those who push the hardest and most continuously over time," Schwartz writes. "But that doesn't mean they're the most productive." The New York Times (tiered subscription model)
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