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January 10, 2011
I continue to be amazed at the number of errors that consistently show up in Annual Reports and financial statements of public companies. An excellent example of this was highlighted in Todd Wallack’s October 4, 2010, Boston Globe article (In reporting pay, firms can err big: Figures on executives off by up to $500,000). The article reports several examples of significant errors on reported executive compensation, from a mere twenty dollars to more than half a million dollars with several errors in […]
August 6, 2010
Our personalities stay pretty much the same throughout our lives, from our early childhood years to after we’re over the hill, according to a new study. The results show personality traits observed in children as young as first graders are a strong predictor of adult behavior. Read more.
July 8, 2010
Federal officials have fined Texas $3.96 million for errors in issuing food stamp benefits, according to a letter to House Speaker Joe Straus. The penalty is for a high rate of overpayments or underpayments two years in a row, said the letter from U.S. Department of Agriculture Undersecretary Kevin Concannon. Read the related article published in the San Antonio Express-News.
June 22, 2010
When the Center for Creative Leadership’s flagship Leadership Development Program (LDP)® rolled out in June in its revised format, it included a new broad-based personality assessment — the WorkPlace Big Five Profile 4.0™. This assessment, published by Paradigm Personality Labs (formerly CentACS – Center for Applied Cognitive Studies) of Charlotte, NC, relates to people’s personalities in their everyday jobs. Instead of using clinical or psychological terms like many current personality assessments, the WorkPlace Big Five uses work terms and work-related […]
June 15, 2010
One in five medical claims is processed inaccurately by commercial health insurers, often leaving physicians shortchanged, according to the nation’s largest doctor’s group. This article states that, “The AMA estimates that increasing the industry’s accuracy to 100% would save doctors and insurers up to $15.5 billion a year.” Read more about this example of how improving accuracy can increase the bottom line.