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Tuesday, 07/11/2006 2:37:09 PM

Tuesday, July 11, 2006 2:37:09 PM

Post# of 56
From today's NY Times:
"A number of Pentagon improvement efforts — Mr. Rumsfeld’s best known is called the Business Management Modernization Program — have been tried in the last five years, to little effect. This shortcoming has not gone unnoticed in business circles.

A group called Business Leaders for Sensible Priorities, which includes 600 executives from companies like Bell Industries, the Pacific Stock Exchange and the Stride Rite Corporation, issued a report on Pentagon financial practices last May called 'No One Is Accountable.'

It concluded: 'The Defense Department’s financial management practices would put any civilian company out of business.'”

http://www.nytimes.com/2006/07/11/business/11overruns.html?ex=1238990400&en=50f5a10b424e15e1&...

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