[Jay] Rasulo was asked if he’d rather have five minutes with Federal Reserve Board chairman Janet Yellen or a five-year-old kid who’d just gone to a Disney park for the first time. “That’s an easy one — way too easy,” he said. “I’ve had a million of those conversations with kids and they’re all great. And they’re always honest, which is the best thing.” [CFO]
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Survey: CFOs Find Outdated Technology Slightly Maddening
- Caleb Newquist
- April 8, 2011
CFOs admit that if technology is implemented correctly it can be pretty damn swell but over half of those surveyed said the biggest barrier to improving the finance department is “out of date and inflexible” IT systems. Also, nearly three-quarters of respondents said that these systems are also to blame for failing to reach objectives. Not good. How can we possibly solve this problem?
According to KPMG’s Steve Lis, “By adopting a unified approach to technology, CFOs and CIOs can transform their organizations to become more proactive, innovative and flexible.” That’s a pretty interesting thought but another possibility not addressed in KPMG’s press release was: spending money. I know, I know. Pretty crazy concept so it’s probably best to just keep things the way they are. [KPMG]
Sign of the Times: CFOs Living on Franks and Beans
- Caleb Newquist
- September 22, 2010
Or ones that soon will be:
Look at the bright side, you were on the front page of the Post!
[via Gawker]
Groupon’s CFO Should Quit
- Caleb Newquist
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Last Friday, Groupon announced that some of their numbers weren't exactly up to snuff. This […]