Would you drive 20 minutes out of your way to save $5 on a $15 calculator? Would you drive the same distance to save $5 on a $125 leather jacket? According to research from Richard Thaler, 68% of respondents would drive to get the calculator but only 29% for the leather jacket. On the surface,…
Financial Week must be a little bit schizophrenic. A Sept 1, 2008 article titled “CFO turnover hits a record high” stated that, according to Crist Kolder Associates: CFO volatility—a measure of how often an executive leaves his or her finance post—reached its highest level in 13 years in 2007, with 128 CFOs departing their jobs,…
Financial Week reports that “according to a study to be released [in October] by executive recruiter Crist Kolder Associates, roughly half of the CFOs at Fortune 500 and S&P 500 companies stay in their posts for less than three years.” This equates to the average tenure of an NFL running back. Before you get too impressed,…