In astronomy, averted vision is the art of seeing distant objects by looking to their periphery. It works by shifting responsibility from cones, which sense color and fine detail, to rods, which detect motion and help us to juggle, play chess, and see in the dark. This form of peripheral vision can be practiced. Observers often report a gain of three to four magnitudes. It’s a powerful remind…
There is an ever-increasing need for advanced information and decision support systems in today’s fierce global competitive environment. The profitability and the overall business can be managed better with access to predictive tools—to predict, even approximately, the market prices of raw materials used in production, for instance. Business analytics involves, among others, quantitative te…
Despite its thirty year history, strategic management accounting has yet to establish itself as a core element of managerial accounting. That it has the capacity to do so is immediately apparent from the term itself, which in turn explains its continuing appeal for those attracted to developing and promoting it. The purpose of this paper is to suggest that by reconceptualising strategic managem…
This volume, Managing the Risks of Extreme Events and Disasters to Advance Climate Change Adaptation, is a Special Report of the Intergovernmental Panel on Climate Change (IPCC). The report is a collaborative effort of Working Group I (WGI) and Working Group II (WGII). The IPCC leadership team for this report also has responsibility for the IPCC Fifth Assessment Report (AR5), scheduled for c…
Increasing global interconnectivity, population, and economic growth, and the mutual interdependence of economic and ecological systems, can serve both to reduce vulnerability and to amplify disaster risks (high confidence). Global development pathways are becoming a more important factor in the management of vulnerability and disaster risk. [7.2.1]
Despite being introduced into the literature as a potentially exciting development over 20 years ago, there is still little or no agreement about what constitutes strategic management accounting (SMA). The term itself is open to a number of interpretations, something that is reflected in the varied nature of the research associated with it. In our view, however, SMA is best understood as a g…