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Blog Entries in May 2021

Resist Old Routines When Returning to the Office

In places where pandemic restrictions are easing, companies must embrace this unique opportunity to retain the beneficial practices they adopted during the crisis. To do so effectively, leaders must be thoughtful about identifying which have been successful and deliberate in ensuring that the changes stick. We present a four-step framework to help leaders identify, retain, and sustain the changes that have been successful...
Posted by: Vijay Govindarajan - 05/11/2021 at 09:14 am

Mind the GAAP

Is a company making profit or a loss? Surprisingly, this question is becoming increasingly difficult to answer. Limitations in financial reporting will only increase with time, and changes in accounting rules to mitigate those limitations will not occur soon. We support the view that whenever appropriate, managers must report pro-forma earnings while detailing and explaining the reason for each exclusion. Using that...
Posted by: Vijay Govindarajan - 05/04/2021 at 09:13 am

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