Spending cash to achieve strategic goals beats tight cost controls at the bottom line, research suggests.
Companies tend to be laden with bureaucracy, operate with a short-term mentality, condition managers to fear failure, and overstretch their teams, CEB says.
Companies should vary the budgeting model used for particular business units and functions, research shows.
Business units and functions are far more likely to value internally conducted financial analyses over those farmed out to third parties.
Some wonder if they should continue the investments, but what they really should do is to refocus their financial planning and analysis teams.
Finance departments should offer rotation programs, provide coaching, and shake up hiring criteria.
A CEB survey finds that nearly half of employees believe they are paid at below-market rates.
One of the best ways to boost your company's capacity to execute new growth strategies is by killing legacy projects.
The nature of overhead costs has changed markedly in recent years, demanding a rethinking of how they're understood and managed.
While many companies see finance-transformation efforts as finite projects, to Ford it's just the way to 'do finance.'
Big railroad company CSX wins points for a unique hiring process that heavily uses a case study to find staffers with strong persuasion skills.
Comparisons should take into account company complexity, not just industry and revenue, one research firm contends.
