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Zero-Based Budgeting Is Not a Wonder Diet for Companies

Harvard Business

Traditional ZBB implementations focus almost exclusively on simple SG&A , in part because SG&A benchmark data is far more readily attainable than are relevant data from the core functions of comparable companies. In another company, commercial discounts was essentially a black box for the finance chief and CEO.

Company 112
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Chinese Banks Hemorrhaging Deposits, 1st Quarterly Drop Since 1999; Banks Offer iPhones, Even Cars for Large Deposits

MishTalk

Cash rebates, trips abroad, interest rates at the highest premium ever over the official benchmark rate, even free vegetables are among other goodies banks are dangling to get Chinese savers to deposit their yuan in savings accounts. Loan Financing Scheme Will Implode Think Chinese banks can lend money at rates that exceed 7 percent safely?

Banking 74
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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Singapore’s booming finance and real estate-focused economy has earned it the moniker “The Switzerland of Asia”, and finance professionals from all over the world are flocking to work there to take refuge from the hard-hit financial sectors in their home countries. Fed Funds Rate for the purpose of minimizing large swings in the U.S.

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25 Years Ago I Coined the Phrase ?Triple Bottom Line.? Here?s Why It?s Time to Rethink It.

Harvard Business

Worse, we have conspicuously failed to benchmark progress across these options, on the basis of their real-world impact and performance. Fundamentally, we have a hard-wired cultural problem in business, finance and markets. Such experimentation is clearly vital — and typically sparks a proliferation of potential solutions.

System 132
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Why CEOs Can’t Dance Redux

Rick Conlow

A finance executive said this of the decades-old corporate attitude, “We are GM. A global IBM study found that 33% of CEOs had engineering degrees and another 15% had finance degrees. Do you want to benchmark your career with the habits of extraordinarily successful people? Even today, GM has record recalls.

Study 88
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Is the Selloff in Treasuries Overdone?

MishTalk

s Bill Gross, manager of the world’s biggest bond fund, said investors should buy short-term Treasuries and credit securities that will be bolstered by the Fed’s intent to keep benchmark lending rates at almost zero. benchmark lending rates at almost zero. ". result of Minsky’s “Big Government” and “Big Bank” policies has always.

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Strategy and general business consulting firms in Australia

Tom Spencer

Nous service lines include business strategy, public policy, leadership & people development, organisational capability, and information management & technology. I came online looking for coys for benchmarking,what i got is pleasant and very useful. Pacific Strategy Partners. Website: www.pacificstrategy.com.au. Oliver Wyman.