When Goal Setting Goes Bad

Posted by C How on March 27th under Business Working Knowledge | Add comment

Q&A with:
Max H. Bazerman

Published:
March 2, 2009

Author:
Sean Silverthorne

It’s the rare manager who doesn’t partake in quarterly or annual goal-setting exercises. And woe to those who don’t make their goals SMART (Specific, Measurable, Attainable, Realistic, Timely).
But do these goals really work? Researchers from four top business schools have collaborated to show that in many cases goals do [...]

CEO and CFO Career Consequences to Missing Quarterly Earnings Benchmarks

Posted by C How on October 3rd under Business Working Knowledge | Add comment

Executive Summary:
This paper investigates whether the failure to meet quarterly earnings benchmarks such as the analysts’ consensus forecast matters to CEO and CFO careers, after controlling for both operating and stock return performance and the magnitude of the earnings “surprise” revealed at the earnings announcement. In particular, it evaluates a comprehensive set of career [...]

Consequences of Voluntary and Mandatory Fair Value Accounting: Evidence Surrounding IFRS Adoption in the EU Real Estate Industry

Posted by C How on October 26th under Business Working Knowledge | Add comment

Executive Summary:
The required adoption of International Financial Reporting Standards (IFRS) in the
European Union, effective January 1, 2005, resulted in a number of significant changes in how firms report their financial results. Mandatory IFRS adoption has been criticized for both the flexibility afforded under the standards and the encroachment of the fair value paradigm. Specifically, common [...]

Full Shoulder Turn Golf Drill

Posted by C How on March 25th under Golfing | Add comment

You’ve heard it before. You MUST have a full shoulder turn for maximum clubhead speed, power and distance. I want to briefly explain that a full shoulder turn does not mean your golf club has to get high at the top of your backswing. So many golfers are worried about getting the club shaft parallel [...]

Five Checkpoints To Find The Perfect Slot Position

Posted by C How on March 24th under Golfing | Add comment

How critical is finding the perfect slot position at the top of your swing? Damn critical. Finding the perfect top-of-the-backswing position boosts consistency and increases power. While many talk about achieving this position, few can tell you what it is or how it affects your swing. Even fewer can tell you how to find it [...]