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March 7, 2012
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Business Finance Today 
  • SEC's Schapiro asks Congress for large budget increase
    Mary Schapiro, chairman of the Securities and Exchange Commission, asked lawmakers to increase the agency's budget. Schapiro said the extra funds would go toward hiring more market experts and updating technology. "The rapidly expanding size and complexity of the markets presents enormous oversight challenges," she said. "In [fiscal year] 2013, the SEC will need to hire specialists in a number of areas to strengthen our oversight of the markets, protect against known risks and best enable our markets to facilitate economic growth." Reuters (3/6) LinkedInFacebookTwitterEmail this Story
5 Cures for Business Growing Pains
A growing business is a successful business, but it comes with its own set of complications. Growing pains can arise from new employees, added roles and responsibilities, and a premium on office space. Read this informative e-book for five practical tips to managing your growing office space.
Your Bottom Line 
  • Data security tops list of executives' compliance worries
    Data security is among companies' biggest concerns when it comes to third-party risks, executives said at a round-table discussion. Compliance officers are increasingly worried that poor data-management policies will leave their proprietary information out in the open. Other compliance concerns include corruption and employee fraud at fast-growing companies and fraud in travel budgets. Compliance Week/The Big Picture blog (3/5) LinkedInFacebookTwitterEmail this Story
  • Technology tips for protecting against angry former employees
    Unhappy employees who lash out at former employers can leave a trail of digital destruction in their wake. Thankfully, these so-called "bad leavers" can also leave behind evidence of their wrongdoing on computers and networks. Companies should act quickly to preserve records and ascertain a former employee's actions. However, it's also important to consult with a lawyer to avoid running afoul of privacy rules, John Reed Stark writes. (3/5) LinkedInFacebookTwitterEmail this Story
In the C-Suite 
  • Companies emphasize strategy in picking their CFOs
    Companies increasingly select finance chiefs who have a strategic mindset, recruiting firm Russell Reynolds Associates says. About 50% of CFOs who joined Fortune 100 companies in the past three years had experience working in general management or corporate strategy. Companies want a CFO "who can literally help the CEO run a business on a day-to-day basis," Russell Reynolds executive Eric Rehmann says. The Wall Street Journal/CFO Journal (tiered subscription model) (3/6) LinkedInFacebookTwitterEmail this Story
  • A damage-control plan for those inevitable leadership lapses
    Making mistakes is a natural part of leadership, but it's important to respond to them correctly, Art Petty writes. You should acknowledge when you have made a mistake and avoid making excuses. "Blaming the weather, competitors, the market, sunspots, lack of resources or anyone else on your team is only going to exponentially compound the damage to your leadership credibility," he explains. Excellence blog (3/5) LinkedInFacebookTwitterEmail this Story
Featured Content 

  • A Getronics study suggests the role of the chief information officer will cease to exist in 5 years. What are your thoughts?
    I don't believe it will cease to exist, but it will definitely be transformed  61.19%
    I disagree -- the CIO has a definite part to play in the corporate structure  23.13%
    I agree -- we've been trending that way from a CIO position for a few years  9.70%
    Not sure  5.97%
  • Here to stay: Eighty-four percent of poll respondents disagree with the idea that the chief information officer role is on the way out. However, 60% see the role as transforming. Only 10% believe the CIO role will cease to exist and 6% are not sure. --Cindy Kraft, the CFO Coach
  • Are you concerned about smartphone applications violating your privacy rights?
Yes, but that's the world we live in today
Yes and I'm cautiously selective about the apps I use
I'm not sure

On the Move 
Off the Charts 
  • Reading all your online privacy statements would take weeks, study says
    It would take 25 full days each year to read all of the privacy statements the average person encounters on the Internet, according to a study. The median length of an online privacy policy is about 2,500 words. The opportunity cost of all that reading would amount to more than $780 billion, two Carnegie Mellon researchers estimated. (3/1) LinkedInFacebookTwitterEmail this Story
The true test of your leadership character isn't measured by the number of mistakes you make, but rather, by what you do moving forward once a mistake is recognized."
--Art Petty, writing in the Management Excellence blog at
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