Raising the Bar to World-Class Standards &ndash: and Beyond

Roth, Richard T.
July 1999
Financial Executive;Jul/Aug1999, Vol. 15 Issue 4, p43
Academic Journal
The article focuses on metrics integral to world-class business organizations. It states that no organization could be rated world-class in every metric across the board and mentions that companies with world-class finance departments tend to generate tremendous value across the technology, processes, and people inherent in the mix. It comments that world-class organizations currently define the bottom edge of being a world-class organization through finance costs, and lower expenses while enhancing the value the department provides to the rest of the organization. It states that organizations are moving away from segmented, process-driven models and working with a more integrated electronic business paradigm.


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