Finance Blogs
- Scott Adams on Board Governance
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From Financial Rounds
January 19, 2008 4:40 PM
- Corporate governance survey conducted (Pakistan)
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From Inside Sarbanes Oxley
January 19, 2008 12:13 AM
- Enron-driven reforms are unraveling
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From Inside Sarbanes Oxley
January 19, 2008 12:06 AM
- More...
The Finance Institute
- Tackling T&E Expense Reports
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Webcasts
- Performance Management – It's Not Just About Technology
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Webcasts
- More...
Diverts
- Son Ends Up in His Father's Old Dorm Room
- Mike Robell, a freshman at Michigan State University, got a big surprise when he moved into his dorm room -- he found that it's the same room his father lived in three decades ago. [more]
- Judge Throws Out Popcorn Case
- Manhattan Civil Court Judge Matthew Cooper has thrown out Steve Kaplan's case against AMC Theatres. [more]
- Biggest Elvis, Burger, Roller Coaster, and More!
- In case you were wondering, the largest velvet Elvis -- he's 12 feet by 12 feet -- can be spotted at The Tattoo Factory in Chicago. [more]
- More Diverts
Business Purchasing
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Alerts
Performance Management in the Public Sector
May 15, 2008 4:52 PM
A new study on government and public sector performance management has found that many public sector organizations have performance initiatives in place, but the results are often hindered by poor management. Other performance management problems are that implementations are frequently too mechanical and numbers focused, which prevents performance improvements; data is collected but is not utilized in decision-making; and a majority of organizations have fabricated performance data, which means the system does not improve public accountability and trust. "Performance management has never been more critical in the public sector than it is today," Bernard Marr, the study's author, said. "Yet it is the way that performance management is handled and directed that makes the biggest difference between top-performing and failing public sector organizations. Those who indulge in the practice merely to keep external moderators off their backs are missing out on a great opportunity to intelligently and accurately assess and refine their operations, creating employee support along the way." A white paper that highlights the 10 principles for effective performance management is also available.
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Other Alerts
- Why Internal Audit Is More Valuable Than Ever
- As enterprise leaders survey the wreckage caused by massive failures of risk management models in the financial sector, they should be taking another look at one of their own primary bulwarks against risk: internal audit. [more]
- Benefit and Compensation Plans Around the World
- For companies that operate on a global scale, fine-tuning benefits and compensation design can be a daunting challenge; here's some help from Mercer. [more]
- Top 6 Best Practices for A/R
- As companies grapple with growing pressures on cash flow, Accounts Payable automation is drawing plenty of attention. [more]
- Speedy Integration Is Key to M&A Success
- Merger and acquisition activities have a reputation for destroying shareholder value, but a well-executed integration strategy can boost a deal's chances of success. [more]
- IFRS: What's the Time Frame Now?
- Going to a single, global set of accounting standards makes sense, but with the economy in an ongoing state of turbulence, attention is focused elsewhere. [more]
- How to Move Procurement to the Next Level
- CFOs and procurement pros alike are looking for ways to boost the function's contribution. [more]
- Slouching Toward IFRS
- International financial reporting standards are not going away. [more]
- Financial Crisis 101
- How did miscalculations and misdeeds in a small slice of the US mortgage market -- the subprime segment -- end up bringing the financial system of the entire world to its knees? [more]
- Half of Internal Auditors Clueless About XBRL
- The worldwide movement toward extensible business reporting language (XBRL) is accelerating, but internal auditors' knowledge of the data format is lagging. [more]
- How To Do IFRS Right
- The clock is ticking on the SEC's mandatory transition to international financial reporting standards, and many CFOs are wondering how to make the switch and, hopefully, achieve some efficiencies at the same time. [more]
- More Alerts