May 15, 2018

Symantec Creates More Financial Reporting Questions Than It Answers

CNBC

Symantec announced it would launch an internal audit, but did little to explain the issues on a conference call other than to acknowledge an investigation. The company did say that "employee concerns" focused on historical financial results, and certain reporting measures that could impact executive compensation programs, forward-looking statements, stock trading and retaliation.

Network, Schmetwork

Harvard Business Review

Despite the push for professionals to "network", the best strategy might be to just stop trying to meet new people. Researchers argue that executives are more likely to develop new relationships with a diverse set of individuals by focusing more on activities to participate in rather than relationships themselves.

FASB Board Member Resigns

Accounting Today

FASB Board member Harold Monk stepping down for “personal reasons” on May 31, little over a year of his five-year term. The board will also soon be losing Marc Siegel, whose term ends on June 30, but have already named a successor.

Write It Down, Lead, Repeat

strategy + business

Setting aside as little as 10 minutes a day to record your thoughts through journaling stimulates reflection critical to making sense of the fast-moving world around you, which is, in turn, essential to effective leadership. The trick is to see journaling as an opportunity, not a chore, and to use natural handwriting instead of a computer.

Why And When Did U.S. Healthcare Go Off The Rails?

NYT - Paywall

America was in the realm of other countries in per-capita health spending through about 1980. Then it diverged. There is no agreement to the reason for the change, with researchers blaming everything from inflation to smoking. But history demonstrates that it is possible for the U.S. health system to perform on par with other wealthy countries.