Innovation Excellence

FEBRUARY 14, 2016

When companies base their internal performance measurement systems solely on short-term profits or traditional GAAP-approved accounting returns—the results can be dangerously skewed, causing premature or inappropriate decisions about the fate of new innovations and R&D funding. Continue reading →

GAAP 58

GAAP System Innovation Short-term 58

Harvard Business Review

NOVEMBER 29, 2010

Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. As long as the new ideas cohere with ethical standards, and generally accepted accounting principles ( GAAP ), they can yield immense benefits. Tags: Creativity Ethics Innovation GAAP. Consider " The Balanced Scorecard."

Creative Accounting 15

Creative Accounting Creativity GAAP Balanced Scorecard 15

Harvard Business Review

JUNE 8, 2018

Furthermore, the operating managers cannot take their eyes off day-to-day operations to focus on innovation. That VC arm is given relatively unconstrained financial capital to invest in innovation and disruptive ideas. Analysts increasingly rely on non-GAAP metrics. Traditional companies therefore rely on two strategies.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

NOVEMBER 1, 2011

Who declared 7 or 10 or 15 percent growth in earnings a sacrosanct pursuit, above all other corporate goals — like the innovation that leads to novel solutions that address customer needs? I hope we see more leaders walking away from these absurd pressures that keep them from building innovative, profitable, sustainable companies.

GAAP 10

GAAP Short-term P&L EPS 10

Harvard Business Review

AUGUST 30, 2018

These include access to digital goods and services, being part of global supply chains, accelerating and partaking in the fruits of innovation, and helping citizens access information, entertainment, and connectivity on a worldwide basis. follows Generally Accepted Accounting Principles (GAAP), developed through a rules-based approach.

Supply Chain 13

Supply Chain Globalization GAAP Policies 13

Harvard Business Review

APRIL 3, 2015

GAAP and FASB standards require financial reporting of earnings, cash flow, and profitability – all measures that investors have traditionally examined. To gain more insights into a specific firm, investors have shown more interest in intangibles like strategy, brand, innovation, systems integration, collaboration, and so on.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8

Harvard Business Review

JULY 28, 2016

As the market, including customers, employees, and investors, shifts the mix of what is done and what is consumed, this most important and commonly used economic indicator, along with Generally Accepted Accounting Principles (GAAP), tells a concerning story.

GDP 8

GDP Wilde Intangible Assets GAAP 8