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Today an incident happened that reminded me of the times when I used to work for a Dutch IT company that will remain nameless. Apparently there were some overdue bills and the vendor was kind enough to let us know the date of expected payment or face delayed services. My boss wanted me to devise something…
Splash went the icy cold water all over his body. My boss was participating in the ALS Ice Bucket challenge that has been sweeping across the US. Not many business people do that kind of thing, but I happen to be lucky to be working for a company that has an emphasis on charitable activities and that does…
Last week, a well-known writer wrote an article where he basically said, “businesses are in the business of maximizing shareholder value and just that.” Oh, really? What about customers? Businesses are not in the business of producing products or services that customers will buy? What about your communities and the surrounding environment? Maybe you don’t believe…
There’s a new financial trick going on whereby a company acquires a foreign company and then moves headquarters to the foreign country where taxes are lower. So instead of doing the hard work of improving the business by delivering what customers want at a sustainable price, corporations do financial shuffling of headquarters. The problem is:…
This past week my boss and I have been working together on the budget file, in preparation for the budget season. There’s a lot of talk in the news, especially in the career section, about the need to be able to collaborate, and that’s exactly what we did the past week. She has extensive knowledge…
This topic falls in the realm of finance in a very obtuse way: it falls in the realm of making money. Since I’m always interested in how people make money or how businesses get and stay profitable, this topic hits my radar. A week or so ago, there was a flurry of articles concerning how…
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