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The news is full of stories about the hacking into large companies: Burger King, Jeep, The New York Times, and even supposedly adept tech companies such as Apple, Twitter, Facebook, and Microsoft. Unfortunately, hacking isn’t just for the big boys - small businesses are facing an unprecedented threat of cyberattacks.
Mohammed Yunis came up with a good idea: Give small loans to people who don’t have access to capital. A high percentage of the world’s population lives at a subsistence level. They spend all they make on food, and have none left for an “investment” that might make their microbusiness more profitable. If you could buy more bananas in the first place, your profit would be higher. If you could buy a cart, you could bring more bananas back to your village to sell than you’ve been able to carry yourself.
New technologies have always produced unintended consequences. But user experience (UX) designers and engineers face a number of new ethical challenges today with the rise of technology and our interaction and dependence on it.
There is an adage in the organizational behavior world that posits that employees don’t leave organizations; rather, they leave bad managers who create and perpetuate toxic work environments. Instead of “sick” buildings, where workers develop physical maladies because of emanations from poorly ventilated insulation or carpeting, these are emotionally toxic environments that at times can border on abusive.
Business innovation has a problem. A recent working paper by Robert Gorden titled “Is US Economic Growth Over? Faltering Innovation Confronts the Six Headwinds” suggests that “innovation does not have the same potential to create growth in the future as in the past.”
In our digital age, “skimming” has become a growing problem. Skimmers are small devices, installed by criminals on ATM machines, self-serve gas pumps and other devices to steal information from credit, debit or ATM cards.
According to the U.S. Secret Service, thefts from ATM skimmers now total more than $1billion/year. That number is expected to rise. In January 2013, two people were arrested in New Jersey and charged with skimming more than $1 million from ATM machines.
The accounting profession is still suffering from old stereotypes: stagnant and boring number crunching. Mention the word “accountant” and people still picture a worker hunched over a desk, never seeing the light of day. That couldn’t be farther from the truth.
On the heels of some pretty big mistakes by some pretty big companies, rules and regulations are constantly changing in all areas of accounting: the fiscal cliff caused unexpected tax law changes; the SEC continually issues guidance for reporting transactions.
