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Project Management 411

March 29th, 2008

CFOs Losing Confidence: Is This a Self Fulfilling Prophecy?

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 […]

By Bob Turek -- 0 comments

March 28th, 2008

“A Long, Ugly, Deep Recession”??

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 […]

By Bob Turek -- 1 comment