Enterprise In the January 1, 2009 edition of CFO Magazine , an article entitled Rethinking Risk referenced a recent survey of 125 CFO’s. The survey reports that 62% of the respondents blame the financial crisis on “risk management’s inability to understand complex financial instruments”. It states that nearly 75% of the executives rank risk management ahead of many key issues facing…
1. THROTTLE: OFF 2. FIRE LIGHT: DEPRESS 3. FIRE EXTINGUISHER READY LIGHT: DEPRESS 4. …. These are the first few steps or IMMEDIATE ACTION PROCEDURES (IAPs) that make up the beginning of an emergency situation checklist for an engine fire in a garden-variety high performance aircraft. These steps are listed in BOLD in the checklist and are MEMORY…
I have been reading countless articles, and listening to as many newscasts, that all forecast a dismal Holiday season for retailers. And it seems that every retailer is warning their investors to prepare for the worst: lower overall sales, lower margins, lower same-store sales, etc… The news is grim, as customers reportedly tighten their purse-strings…
I had a very busy May with speaking engagements at the Association for Corporate Growth (ACG) NJ Due Diligence Conference followed by the ACG-NY Manufacturing & Logistics Conference and wrapping it up by delivering a paper on Operational Excellence at the Institute for Industrial Engineers (IIE) Annual Conference in Vancouver. The underlying theme of all…
Over the last few years, I have had the opportunity to guest lecture, usually at the Master’s level, at various Universities in Upstate New York. I find the experience very rewarding as I have the opportunity to bring value to the next generation. But, most importantly, I am always enriching my knowledge in the classroom…
