MANAGEMENT MINDFULNESS: NEW WAYS TO UNDERSTAND THE PEOPLE WE MANAGE

I find it interesting when management work is often referred to as either the hard science or the soft science. The hard science refers to deliverables, tasks,goals, and plans while…

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IMPROVING FINANCIAL REPORTING TO THE BOARD: IS YOUR BOARD BORED?

At a next board meeting, study the behaviors of the directors when they listen to the CFO as he or she reports on the financials for the company. Are eyes…

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HEALTH SCIENCE, ANGELS AND EARTHLY TALENT

Among the thrills I experience in working in the health science industry are the amazing changes that happen. One of those is happening now. Let’s call it “angels on a…

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DON’T GET MARRIED AFTER THE FIRST INTERVIEW DATE: HOW ASSESSMENTS HELP YOU MAKE WISE CHOICES

Hiring has significant consequences for any organization.   If you make the right choice, performance improves, capability deepens and teams mature. If you make the wrong choice, morale and performance drops…

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HOW COST SEGREGATION CAN IMPROVE ROI ON YOUR HEALTHCARE FACILITY

Owners/operators of healthcare facilities (laboratories, physician offices, assisted living and long-term care facilities) must continually be adding new or improving existing facilities to keep up with growth, changing technologies and patient needs….

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ACCOUNTING FOR FOREIGN CURRENCY: WILL YOU GET LOST IN TRANSLATION?

Introduction Figures from the World Trade Organization show that since the 1980’s global trade has more than quadrupled in volume and has grown with an average of almost 5% per…

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I ALREADY HAVE AN ACCOUNTING TEAM. WHY DO I NEED FINANCIAL PLANNING & ANALYSIS (FP&A)?

One of the top priorities of a growing company is to build a finance team that can scale with its business. Given the critical importance of accurately recording and reporting…

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THE FAMILY BANK

Three years ago I helped a business owner rescue his succession plan from imminent failure.  We restructured the plan to both enable him to withdraw from the business (with enough…

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CONSULTING CFOS: THE POWER OF AFFILIATION

Serving as a trusted consultant financial professional is a deeply rewarding career. Working with a client is a special relationship built on trust, both for the value of work and…

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IS THE ANNUAL BUDGET A COLOSSAL WASTE OF TIME?

In today’s world, it’s rare to find a topic that generates agreement across a broad cross-section of people, but it’s a reasonably safe bet that most finance and non-finance people…

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