Of finance and accounting departments surveyed by KPMG, 72% expect to improve business planning and forecasting during the next two years. The survey also found that the biggest near-term priorities are management-reporting analytical systems and business-planning and forecasting tools.
The relatively minor $1.6 million fine Ralph Lauren will pay to resolve Foreign Corrupt Practices Act violations is a reflection of the proactive actions the company took when it found -- via its internal compliance program -- that $568,000 in bribes had been paid to an Argentinian customs official. This opinion piece outlines the elements that make up an effective and robust internal compliance program.
Ethnicity has much to do with fast food chosen, according to location-analytics company Placed. "No single demographic trait -- age, gender, income -- provides the signal that ethnicity does in terms of restaurant preference," CEO David Shim said.
Some workplaces are welcoming new hires by letting them make meaningful contributions on the first day or engaging them in activities such as scavenger hunts, experts say. Such strategies are a change from piles of paperwork, and could lead to happier new hires and improved productivity and effectiveness.