Information and Accountants in the Role of Strategic Planning

This article on strategic planning practices is based upon a field study of five world-class companies. The strategic planning practices discussed in this article were extracted from the corporate environment. The information contained in this article, however, is of value alike to CPAs assisting with the enhancement of strategic planning practices in corporations and public accounting firms

Your EQ Skills: Got What it Takes?

Your EQ skills: got what it takes? So you thought the CPA exam was your last test? Read on. Question: Is success in life and career determined primarily by rational intelligence (the IQ or intelligence quotient) or emotional intelligence (the EQ or emotional quotient)? In other words, what\u27s more important: intelligence or intuition? Historically the professional accounting literature has placed little emphasis on behavioral issues such as EQ, although human behavior underlies most of what is written and taught about professional accounting. Now managers place increased value on behavioral skills that help people in the workplace. Look at this statistic: The productivity of one-third of American workers is measured by how they add value to information. Doesn\u27t that describe CPAs exactly? This article will examine the ways in which EQ is crucial to CPAs\u27 success and how they can cultivate EQ if they haven\u27t got a lot of it. The AICPA and the Institute of Management Accountants recognize that emotional intelligence skills are critical for the success of the accounting profession. In CPA Vision 2011 and Beyond: Focus on the Horizon (www.cpavision.org), the AICPA identifies emotional ..

Strategic Planning at Five World-Class Companies

Most successful executives know that strategic planning offers the best way to deal with their changing world. Information is central to successful strategic planning. A field study of 5 world-class companies revealed details regarding information used for strategic planning and the role of management accountants in this process. Key executives were interviewed at: 1. Johnson Controls, 2. Coors Brewing Co., 3. Schering-Plough, 4. Xerox, and 5. 3M Company. The executives were interviewed to find out how their companies did strategic planning. Issues addressed included the distinction between strategic and long-range planning, the strategic planning process, information used for strategic planning, and the role of accounting in strategic planning. Results of the field study are discussed

Quantum Mechanics helps in searching for a needle in a haystack

Quantum mechanics can speed up a range of search applications over unsorted data. For example imagine a phone directory containing N names arranged in completely random order. To find someone's phone number with a probability of 50%, any classical algorithm (whether deterministic or probabilistic) will need to access the database a minimum of O(N) times. Quantum mechanical systems can be in a superposition of states and simultaneously examine multiple names. By properly adjusting the phases of various operations, successful computations reinforce each other while others interfere randomly. As a result, the desired phone number can be obtained in only O(sqrt(N)) accesses to the database.Comment: Postscript, 4 pages. This is a modified version of the STOC paper (quant-ph/9605043) and is modified to make it more comprehensible to physicists. It appeared in Phys. Rev. Letters on July 14, 1997. (This paper was originally put out on quant-ph on June 13, 1997, the present version has some minor typographical changes

Quantum computers can search rapidly by using almost any transformation

A quantum computer has a clear advantage over a classical computer for exhaustive search. The quantum mechanical algorithm for exhaustive search was originally derived by using subtle properties of a particular quantum mechanical operation called the Walsh-Hadamard (W-H) transform. This paper shows that this algorithm can be implemented by replacing the W-H transform by almost any quantum mechanical operation. This leads to several new applications where it improves the number of steps by a square-root. It also broadens the scope for implementation since it demonstrates quantum mechanical algorithms that can readily adapt to available technology.Comment: This paper is an adapted version of quant-ph/9711043. It has been modified to make it more readable for physicists. 9 pages, postscrip

Quantum computers can search arbitrarily large databases by a single query

This paper shows that a quantum mechanical algorithm that can query information relating to multiple items of the database, can search a database in a single query (a query is defined as any question to the database to which the database has to return a (YES/NO) answer). A classical algorithm will be limited to the information theoretic bound of at least O(log N) queries (which it would achieve by using a binary search).Comment: Several enhancements to the original pape

Heisenberg chains cannot mirror a state

Faithful exchange of quantum information can in future become a key part of many computational algorithms. Some Authors suggest to use chains of mutually coupled spins as channels for quantum communication. One can divide these proposals into the groups of assisted protocols, which require some additional action from the users, and natural ones, based on the concept of state mirroring. We show that mirror is fundamentally not the feature chains of spins-1/2 coupled by the Heisenberg interaction, but without local magnetic fields. This fact has certain consequences in terms of the natural state transfer

Realization of generalized quantum searching using nuclear magnetic resonance

According to the theoretical results, the quantum searching algorithm can be generalized by replacing the Walsh-Hadamard(W-H) transform by almost any quantum mechanical operation. We have implemented the generalized algorithm using nuclear magnetic resonance techniques with a solution of chloroform molecules. Experimental results show the good agreement between theory and experiment.Comment: 11 pages,3 figure. Accepted by Phys. Rev. A. Scheduled Issue: 01 Mar 200