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Quote of the Day

If a sufficient number of management layers are superimposed on top of each other, it can be assured that disaster is not left to chance.

Norman Ralph Augustine

Innovation

Concept Briefing:

Innovation may be defined as the process of making improvements by introducing something new which must be substantially different, not an insignificant change. In economics the change must increase value, customer value, or producer value. Innovations are intended to make someone better off, and the succession of many innovations grows the whole economy.



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Continue reading 21.03.2007. 22:20

CFO

Concept Briefing:

Chief Financial Officer or CFO is the top executive officer primarily responsible for managing the financial risks, financial planning, record-keeping and financial reporting to higher management. The role of CFO in recent years has expanded to encompass communicating financial performance and forecasts to the investor community. The title is equivalent to finance director, commonly seen in the United Kingdom. The CFO typically reports to the Chief Executive Officer, and is frequently a member of the board of directors.



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Continue reading 16.03.2007. 00:12

CEO

Concept Briefing:

A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer in charge of total management of a corporation, organization or agency.



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Continue reading 08.03.2007. 02:00