by Phil Baumann on September 30, 2008
in Accounting
Or does it? I’m tempted to question whether the accounting profession matters. (I know that it does, but I’m entitled to some sarcasm.) Why bother with all the work when it all goes to pot in the end? Has accounting theory and practice, hammered about by political compromise, become so convoluted that even the brightest [...]
by Phil Baumann on September 28, 2008
in Business
Time is a funny thing. For those of us who don’t live at the quantum-level scale, time moves like an arrow in a forward direction. Business decisions move along the same direction. Your business can’t move forward if you lose your sense of temporal direction.
The best thing about the coming collapse of many industries is [...]
by Phil Baumann on September 26, 2008
in life
On a bad day, when one moment hits you hard, it’s easy for you to stretch the moment over the rest of the day. Our brains are probably wired that way.
I wonder how much we lose from bad days. The self-help crowd tells us to turn our dangers into opportunities. And I buy into that [...]
by Phil Baumann on September 25, 2008
in Business
Experts don’t have a monopoly on heroism. In fact they can be downright dangerous.
Do you think all those people involved in the mortgage-backed securities travesty were stupid, inexperienced amateurs who had no clue about what they were doing? Many of them were but there sure wasn’t a shortage of experts. In fact, those experts knew [...]
by Phil Baumann on September 24, 2008
in healthcare
Image by Esthr via Flickr
There are many health care professionals who don’t blog. Some don’t blog because they’re cool people who just aren’t nerdy enough to blog. At least until they figure out that blogging isn’t what MSM makes it out to be.
Others, however, are concerned about the liability consequences of using social media and [...]