Who says share investors are rational? I mean, beyond a handful of Nobel for economics winners (Merton & Scholes, Akerlof et co.).Today’s US technology shares were rattled by two tweets from President Trump. No numbers mentioned, only acid comments on China – and the own-elected FED Chairman. The technology shares plunged immediately an average of -2,5%, whilst other US indices […]
Greatest Funny Money Books – a must-read list of the best fiction money novels
If you want to have fun + read a good book + learn new finance trivia (or MBA) stuff, there are very few books available. The money literature is enormous, do not get me wrong. But among the more than 5,000 money books published every year there are very few that tick all of the boxes: – fun to read; […]
Simplicient Controlling 9 – Financial vs. Operational KPIs – A Case for Merging Them
This Simplicient Controlling blog will focus on the merger of the financial and operational KPI performance measurement. More exactly, on the pro’s and con’s of mixing the financial and non-financial indicators. In most companies’ practice, the various KPIs are often disconnected: whilst the Profit and Loss KPIs are firmly grounded in the financial department, the operational KPIs are often left […]
Apple‘s Lifestory – New Services Overextended 2.0 – Apple TV+ Imperfect
After trying to test Apple TV+, I got a new concern: the message “Your funds are currently unavailable” on the upcoming Apple Pay service. Yes, it is a hard job to stay at the top of the electronic services food chain – and there are signs that Apple is too big and sliding on the maturity curve.
Simplicient Controlling 8 – Number-Cruncher or Sparring Partner?
Controllers are number crunchers – aren‘t they? A controller is the person who comes to you with a long table, filled with numbers, and uses a red pen to highlight differences. Unfortunately, not anymore. Business or sparring partner (a term used often in recruiting finance managers) means more than that. To be brutally honest, C-level managers rarely care how much […]
„Everyday Chaos“ by David Weinberger – a HBR Book Review
To say that the Internet is an integral part of our lives is certainly an understatement. And David Weinberger, the famous American technologist who wrote the first Internet marketing, seems well placed to write about it. In a world where everything happens at once, where technologies combine with AI to deliver more-than-human results, „Everyday Chaos“ comes a bit late. Yet, […]
“Master Your Next Move” by Michael Watkins – a HBR Book Review
Michael Watkins and his book “The First 90 Days” should sound familliar to any business management reader. The IMD professor has authored one of the most influential books of transitioning into a new role – “The First 90 Days” is considered by many one of the top 50 ever published management book (certainly one of the best sold *1). Should […]