Good corporate governance is fundamental to the effective working of the modern free enterprise system. We need to have at least a degree of trust in the people looking after our money, whether we’re customers, investors or employees waiting for our next salary payment. Without that, the whole system would collapse.
Category Archives: Better Business
The tiny difference that sold 50 million records, and what it means for your business
The importance of teamwork to running a successful business and how tiny differences can compound over time to make a business into a world-beater.
Are billionaires paying their “fair share” of tax?
Most people, if they’re asked whether billionaires pay their fair share of tax, answer with an emphatic “no!” But whatever your views of billionaires might be, it’s fair to say that some pay a lot more tax than others.
Accountancy…the second oldest profession
Wonder if your accountant, Finance Director or CFO is up to date with modern commercial realities? These three tests might help you decide.
The Abominable No-Man
Factories are great places for imaginative nicknames…I used to work with someone who was known as “The Abominable No-Man”. That probably tells you all you need to know about his positive attitude to life and his communications skills.
10 business lessons from one of the world’s greatest drummers
I’ve long taken the view that music can teach us everything we need to know about business…but to give myself an extra challenge, I thought I’d forget the rest of the band for a change and focus solely on the drummer.
Commendable ambition or carefree folly…which do your goals sound like?
No sooner have we hung up the new year’s calendar on our office walls than all those magazine articles and social media posts come out exhorting us to set ambitious goals so that we “crush it” (ugh) during the course of the coming year.
We should fire him for not hitting his targets…or should we?
Being a Finance Director or CFO means you spend a lot of your time working out what people’s targets should be, tracking their performance against those targets, and reporting any under-performance. While there are some intellectual challenges to the target setting process, those are generally within the control of the Finance Director or CFO asContinue reading “We should fire him for not hitting his targets…or should we?”
How not to screw things up like a politician
Want to avoid screwing things up as badly as the average politician? Here’s a better process for getting to a more promising solution.
The difference between a good accountant and a great Finance Director / CFO
What’s the difference between a good accountant and a great Finance Director or CFO? One tracks cost, the other creates value.