FDE 2009 Issue 1
Cover Story
Though the Thomas Cook Group (TCG) experienced an 9% drop in 2009 bookings, the industry is suffering from a more than 10% drop in overall capacity following the September collapse of XL, the 2007 merger of TCG’s rival with First Choice, and TCG’s own merger with MyTravel. FDE talks to Ludger Heuberg, CFO of TCG Continental Europe, about the challenges still facing the finance function during the economic downturn.
From Life Support to Lean Machine
Power and automation group Asea Brown Boveri (ABB) which, over-diversified and under-controlled, came close to financial...
Power and automation group Asea Brown Boveri (ABB) which, over-diversified and under-controlled, came close to financial...
Time For a Change
When most organisations talk about changing financial processes, they mean tinkering with the existing system to try and...
When most organisations talk about changing financial processes, they mean tinkering with the existing system to try and...
Insight
Widely acknowledged as the inventor of modern marketing, Philip Kotler ranked eleventh in the current Thinker’s 50, the...
Widely acknowledged as the inventor of modern marketing, Philip Kotler ranked eleventh in the current Thinker’s 50, the...
Switch Over
Running the finance function within the BBC is challenging enough, especially working within the funding limitations of...
Running the finance function within the BBC is challenging enough, especially working within the funding limitations of...
Turning to Technology
For midsize to large enterprises, accounts payable is often a major focus for process improvement.
For midsize to large enterprises, accounts payable is often a major focus for process improvement.
The Hidden Treasurer
Treasurers are often the unsung hero of the finance department.
Treasurers are often the unsung hero of the finance department.
Join Forces
The turbulent economic environment makes it all the more important that organisations break down their internal...
The turbulent economic environment makes it all the more important that organisations break down their internal...
Green Power
The efficient use of ‘green’ IT to manage data centres not only benefits the environment, but offers finance directors a...
The efficient use of ‘green’ IT to manage data centres not only benefits the environment, but offers finance directors a...
The Social Revolution
While the younger generation uses social networks as a new breed of communication, their executive parents can be wary...
While the younger generation uses social networks as a new breed of communication, their executive parents can be wary...
