• Ask the Right Questions to Get the Best Answers

    Ask the Right Questions to Get the Best Answers Leaders should never be afraid to “ask the dumb questions” (click here to read a classic on the topic that is used in all PriSim classes). But some questions about a company’s strategy are more important than others. Peter Drucker, through his nonprofit Leader-to-Leader Institute, said…

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  • Pay for Performance Gone Wild

    You’ve probably read about Transocean’s recent safety-bonus faux pas. In what seems to be a case of positive incentives gone wrong, executives at the offshore drilling company were actually awarded bonuses for safety performance in 2010. This despite the fact that the company’s April 2010 British Petroleum Deepwater Horizon rig explosion killed 11 workers and…

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  • New Financial Statements

    The new look of financial statements – welcome to the future of accounting In the not too distant future, assets may not equal liabilities, up may become down, black will be white, and night becomes day… Or so it might seem. Get ready – the accounting world as we know it may be turned upside…

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  • Ask the Dumb Questions | March 2010

    An article titled Ask the Dumb Questions in USA Today caught our eye. It was so relevant to new business decision-makers that we’ve made it a pre-read for all our PriSim courses. It takes courage to admit that you just don’t understand the whys and wherefores of the current U.S. financial crisis – especially when…

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