He also announced that hiring will be rigidly controlled along with other cost-cutting measures such as the deferral of annual raises and cutting spending budgets by 30 per cent. Revenue per customer has been lower than anticipated, and Richard...
The company claims it will supplant spreadsheet reporting as Cognos Finance 5.1 enables financial directors to draw up budgets, forecasts and reports which can be delivered to the entire enterprise via the web.
But it seems we are pretty selective in the measures we use to demonstrate progress. It is pointed out that GDP can be highly misleading because it measures only the formally constituted economy. Any economist knows that if, instead of doing their...
More than 90 per cent of organisations perform some sort of annual budgeting process in order to set out targets and cost controls for the forthcoming financial year. Planning for success is about setting operational targets, many of which are not...
And the IT industry will need to start helping businesses meet their carbon targets, according to panellists at a green computing forum. This will be based on a system of carbon budgets - which is simply a limit on the total quantity of carbon...
IT bosses are being urged by analyst Gartner to take pre-emptive cost-cutting measures well before any actual recession begins to bite. With concerns increasing about the short tem future health of some of the world's leading economies, Gartner...