Treat gurus with scepticism.

Position:News Round-up
 
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Management accountants should defend their sector against fads and gurus, Professor Brian Rutherford of Canterbury Business School told a recent JDipMA chapter meeting. He urged older CIMA members to instil a "healthy scepticism" in young managers that will help them to withstand pressure to find "instant coffee solutions" for serious financial problems.

"Nothing makes firms more desperate to believe that figures are sound, than spending vast sums on the systems that produced them," Rutherford pointed out. He dated the start of the modern guru industry to the early 1980s. "Many people now making...

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