Did we make any progress in changing attitudes about control value of internal audit, as a very necessary cost of doing business, in the last seven years?
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It is easier to see how collaborative technologies can improve market share externally, but the latter two statements towards the value of internal collaboration are quite eye-opening (and smile-inducing to me).
FORBES: McKinsey's New Survey Finds Collaborative Technologies Can Improve Corporate Performance
While generosity with family members often occurs under the radar, the law is clear: if the gift exceeds a certain value and the Internal Revenue Service catches it, you could be forced to pay the tax as well as interest, and, in some cases, penalties.
During the Viacom suit, YouTube was forced to provide internal communications proving it knew part of its value was based on infringing content.
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Then the shelter promoter whips out a 1969 Internal Revenue Service ruling declaring that since the value of the annuity isn't known, the gain can't be taxed up front.
Listening to customers and acting on their needs should shape every aspect of a company, from the types of people that are hired, to internal and external communications, design processes, value definition, and how decisions are made.
Each puts his share of the new venture in his trust and sends the Internal Revenue Service 35% of the then negligible value of his shares.
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In its place, the banks were given the right to determine how much capital they needed to hold as a cushion against potential losses by calculating the value of their assets using their own internal models.
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R. headache to deal with but also a serious loss of trust in the marketplace (BP shares have tumbled to almost half their value since April 21), an internal battle to restore employee confidence and all the fallout of the spill for those along the Gulf of Mexico.
So I can be confident that knowledge of the Internal Revenue Code of 1986 will continue to have some value somewhere for the rest of my life.
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If you do decide to buy Apple's stock, as I did last week, remember that the pricing game has its own internal dynamics that may cause the price to move further away from value, before there is a correction.
If a firm can deploy the incremental dollar of cash flow at a rate of return greater than its cost of capital, it should pursue acquisitions or internal capital projects, as these methods will be the fastest way to build shareholder value.
Our team emphasizes internal idea generation, in-depth bottom-up research and independent analysis of each value stock monitored or owned by our clients.
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The person who sets up the trust gets annual payments adding up to the asset's original value, plus a return based on a fixed interest rate set by the Internal Revenue Service.
At the same time, on the internal side, CIOs must be primarily concerned with bending the IT budget curve away from low-value legacy infrastructure and toward new technologies that liberate precious funding for innovation, because those rapidly emerging marketplace realities touched on above will simply overwhelm traditional systems and traditional IT approaches.
FORBES: The Strategic CIO Agenda 2013: Strategies, Priorities, and Career-Killers
For Internal purposes, what we also refer to as Enterprise 2.0, the top three measurable business benefits lie in increasing speed of access to knowledge (77% of respondents agree on achieving value), reducing communications costs (60%), and increasing speed of access to internal experts.
FORBES: McKinsey's New Survey Finds Collaborative Technologies Can Improve Corporate Performance
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