So far Bill Ford has cut 2, 700 white-collar jobs and eliminated 401(k) matching retirement funds in the U.S., as well as bonuses for high-level managers worldwide.

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One of the high-level managers had come out from headquarters and was discussing the status of our company globally and spent quite a lot of time on what was happening in some emerging markets and China specifically.

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Sundararajan (associate professor of Information, Operations and Management Services at the NYU Stern School of Business) and two colleagues surveyed 23 CIOs and high-level IT managers at U.S. and Canadian companies that use or have evaluated use of cloud services.

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No doubt, the stakes are high for C-level managers tasked with managing the company training budget.

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Hogan also changed the sales philosophy in his group, encouraging reps to court high-level executives at big accounts rather than the managers often relegated to buying hardware.

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As for the high level of fees, it may well be that alternative-investment managers enrich themselves rather than their clients.

ECONOMIST: A wrongheaded fund-management directive from Brussels