I’ve got a junior in High School, and you know what that means – time for admission envy, parental handwringing and everything that goes with along with that. Sarah’s going to Vanderbilt/Harvard/Stanford. Man, I wish my kid would have worked harder… I get it – we all want more for our kids. To the extent they’ve worked hard, we want them …
Using the Sunk Costs Concept to Manage Performance
Want a little insight into the educational background of your FOT contributor today? I started off as a business major at a state school, took Accounting 101, flunked it, and became an English major. I have a Masters in Irish Literature and work in Human Resources, and today we are going to talk about economics and Sunk Costs. Seriously. Sunk …
How To Speak CFO: A Primer For HR
So here’s the thing: CFOs don’t actually hate HR professionals—they just don’t understand them. As a resource to you, the faithful Fistful of Talent reader, I’ve created a guide for the funny terms CFOs use. Take this moment to learn how they speak when you’re not around. Acid Test: A stern measure of a company’s ability to pay its short-term debts, …