Hope and Fraser correctly illustrate how, in extreme cases, use of the budget to force performance improvements can lead to a breakdown in corporate ethics. People, who worked at WorldCom, now bankrupt and under criminal investigation, said CEO Bernard Ebbers’s rigid demands were an (more…)

When implementing a continuous cost-reduction program, top management identifies and empowers champions. These share one quality: they are employees who enjoy focusing on the cost side of the business. Here, top managers work from a premise that is obvious to controllers through (more…)

Certainly, all controllers support the elimination of waste and the implementation of best practices. Key point: When these measures are in place, employees are bet-ter able to use their natural problem-solving (more…)

If we have writing skill may be we can get easier job than ordinary people. We can found the real evidence like journalist especially for newspaper. May be we already know some (more…)