‘Editor’s note – November 2012’

As the global economic environment gets tougher, the demands on companies and other organisations to extract the best performance from their staff never falters.

In that context, the architects of the CGMA designation, CIMA chief executive Charles Tilley and AICPA president and chief executive Barry Melancon, reflect on the rationale for its launch almost a year ago.

Rob MacLachlan, editor of the Chartered Institute of Personnel & Development magazine People Management, describes how global organisations have sought to improve performance management in their employees.

In “8 ways to…” we follow this up with a look at the best ways of retaining good staff. This month’s cover story addresses the complexities of companies across the world scrambling to refinance $2trn of debt, taken out with cheap money in 2006/07.

Lastly, we profile the career of Mark Bevan, assistant vice president – finance, JCB India, a company harnessing the forces of globalisation and benefiting from that country’s rapid industrialisation.

16/10/2012

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