Business structure

What Marathon Training & Business Share in Common

I have completed 4 marathons in my life and when I stopped to think about the effort required to train for one, it occurred to me there...

Keeping Score: The Balanced Scorecard

Too many times there is a complete disconnect between the budget and the strategic plan of the business. A strategic plan defines the...

It’s OK to Let Go: Sunk Costs

I’m sure you’ve heard at some point in time someone say “but we’ve invested all this money so we have to keep going”. For the folks that...

Pluses & Pitfalls of the PEO

A few years ago, like many other CFOs, I received a phone call from my benefits broker so we could review the numbers for the upcoming...

Don’t Risk Your Data — Assess It

Disgruntled employees, hackers, incompetent personnel, and competitors engaged in corporate espionage are all concerns for a business. ...

Pay it Right

When I read “Discovery-Driven Growth” by Rita McGrath & Ian McMillan, I came across this quote which I thought was so appropriate for...

(De)Centralization

Someone once told me a story about a man who only kept two files in his desk — one on how to centralize the company and one on how to...

Being Flexible: Using a flex budget

The issue with a static budget is that it is out of date before the first month-end makes its appearance. When this happens, a...