CFO magazine covered how poor risk-management techniques, and more importantly, organizational culture and structure, contributed to the subprime problems:
“the inability to properly manage risk, and the failure of stress tests have so far resulted in global bank losses of $265 billion. With a few notable exceptions, bank CFOs seemed willfully ignorant of snowballing risk.”
The worst […]
Another country that provides readers to projectmanagement411 is Brazil. In fact they are fifth and rising (behind the US, Australia, Czech Republic and Canada) on the list of most readers by country this month.
One reason I’m intensely interested in Brazil is because of their energy policy. Wikipedia says that Brazil…:
“is the world’s second largest producer […]
Manufacturing Business Technology made us aware of competing energy policies and the arguments being considered. I thought John Engler, National Association of Manufacturers (NAM) CEO, made some excellent comments that point to the importance of contributing to the discussion:
“Manufacturing is the most energy intensive sector of the economy,…The energy plan in Sen. McConnell’s amendment will […]
I was really encouraged by the Strategy+Business article on why manufacturers in developed countries are still successful. These manufacturers are bucking the trend towards outsourcing to non-developed countries:
But there is also the counterexample of leading manufacturing companies, farsighted enough to view their factories, supply chains, logistics and procurement programs, inventory cycles, and labor management as […]
CFO magazine’s survey of CFOs around the world reveal a confidence shortfall. I like the analysis because it concentrates on confidence and optimism levels which drive spending patterns of companies:
“Optimism reached its lowest point since the study launched it’s optimism index six years ago. Pessimists outnumber optimists by a nine-to-one margin, with 72 percent of […]
Jerry York, well known executive, has turned prognosticator according to CFO magazine’s article about York’s advice to CFOs about the possibility of a recession. I found York’s comments lacking in rationale and supportive facts. CFO seems to have embraced York’s musings without challenging them:
“It’s going to be a very bad recession, perhaps the worst I’ve […]
Wisconsin Technology Network News writes about a business led project at Dean Health Insurance. What caught my interest was that the VP of Technology, Karl Richards, used a large technology project to enhance the Project Management Office (PMO), making it more “business led”:
“The best lesson he’s [Richard’s] learned from large IT implementations is that success […]
The Clinton-Obama rivalry gives us examples of what works and what doesn’t in terms of communicating to a team. I see Obama as a serious person who is interested in his audience. I see Clinton as more manipulative and prone to ill-timed laughter. Why are these reactions important in terms of how we are viewed […]
The recent Clinton-Obama debates give us an opportunity to study communication styles. I find the behavior inside, vs. outside, the debates interesting in that an attempt is made to look cooperative “for the sake of the party and the nation” when seated next to each other.
What does this seemingly cooperative spirit do in terms of […]
Continuing from yesterday’s post , another great point made in David Brumby’s Computerworld article “Risks Pay Off in Brand Building ” relates to how we evaluate projects. Clearly, he makes the point that financial criteria can hurt innovation; a better approach is to evaluate how a project contributes to strategies:
“Some of the most innovative ideas […]
Innovation and executing strategies through projects
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