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Discover the 4 ways finance teams can fuel sales with high octane data.
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April 25, 2012
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Business Finance Today 
 
  • Big U.S. manufacturers demonstrate new strength, higher earnings
    Some of the biggest industrial companies in the U.S., led by 3M, posted higher-than-expected earnings and raised their second-half outlooks, adding to indicators that point to a building manufacturing rebound. Analysts said manufacturers' forecasts of significantly higher sales this year are credible because they are customarily based on orders already on the companies' books for products with long lead times. Reuters (4/24), CNNMoney (4/24), The Edmonton Journal (Alberta) (4/24) LinkedInFacebookTwitterGoogle+Email this Story
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Your Bottom Line 
  • Use your judgment to improve data analysis, study says
    Good financial-planning and -analysis professionals know when to use their personal judgment, according to a study from the Corporate Executive Board. Experts who use data to inform, rather than dictate, their decision-making are more effective and valued by their teams. Unfortunately, they also are rarer. Good judgment includes the ability to synthesize data, point out trends and use information to influence business decisions, the report says. CFO.com (4/23) LinkedInFacebookTwitterGoogle+Email this Story
  • Survey uncovers trends in workplace ethics
    The number of U.S. employees who witnessed and then reported workplace misconduct reached a new high of 65% in 2011, according to the National Business Ethics Survey. However, the number of employees who reported experiencing retaliation for reporting misconduct climbed to 22%, compared with 15% in 2009. Meanwhile, the number of people who felt pressure to violate company policies to improve performance increased from 8% in 2009 to 13% in 2011. There was a strong correlation between companies with ethical cultures and low levels of misconduct, the survey found. AccountingWEB (4/23) LinkedInFacebookTwitterGoogle+Email this Story
In the C-Suite 
  • What's the secret to better decision-making?
    A book by Thomas Davenport and Brook Manville describes how teams have conquered the challenge of decision-making to achieve excellent results. Their studies show that the secret to effective decisions isn't to have a star leader or a strict methodology. Instead, good decisions happen when teams include a range of participants and perspectives into their deliberations. Forbes (4/24) LinkedInFacebookTwitterGoogle+Email this Story
  • Executives offer insights on managing millennials
    Millennials bring innovative ideas and technological savvy to the workplace, but often overestimate their abilities and resist performing low-level tasks, executives said at the University of Maryland's Robert H. Smith School of Business. Several executives detailed their retention strategies, which included online-learning programs and flexible work options. The Washington Post (4/22) LinkedInFacebookTwitterGoogle+Email this Story
Featured Content 
 

SmartPulse  
  • The 30% "Buffett rule" tax on the rich failed to advance in the Senate, but will it be an election issue in November?
    Yes, and the debate will benefit the Democrats  62.90%
    Yes, and the debate will benefit the Republicans  17.19%
    No  15.84%
    Not sure  4.07%
  • Poll analysis
    The majority of poll respondents indicated they believe the "Buffett rule" will affect the November elections, with 63% saying it favors the Democrats and 17% saying it will benefit Republicans. Only 16% said it will have no impact, with 4% unsure. --Cindy Kraft, the CFO Coach LinkedInFacebookTwitterGoogle+Email this Story
  • In a recent poll, 2 out of 3 companies were concerned about talent retention in an improving job market. How is your company feeling?
Not at all concerned
Somewhat concerned
Very worried
Not sure

On the Move 
  • Kent Christensen has been appointed CFO of self-storage operator William Warren Group. He was CFO at Extra Space Storage. The Wall Street Journal/CFO Journal (tiered subscription model) (4/23) LinkedInFacebookTwitterGoogle+Email this Story
Off the Charts 
  • Startup company aims to mine asteroids in space
    A group of investors have announced plans to begin mining operations in space. Backers of Planetary Resources say nearby asteroids could yield precious metals for use in the terrestrial economy. Famous supporters include film director James Cameron and Google co-founder Larry Page. Space.com (4/23) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
We need to respect what each generation brings to the workplace. Good leaders and managers know how to engage and retain employees, regardless of their background or generation."
--Liam Brown of Marriott International, as quoted by The Washington Post
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