#1. Bechtel: Started in 1898. Global engineering, construction and project management company.

The Federal Bureau of Investigation (FBI) defines embezzlement as the “misappropriation or misapplication of money or property entrusted to one’s care, custody, or control.” What distinguishes embezzlement from other types of theft is the violation of financial trust between owner and offender

We’re taught to trust people, be benevolent to our employees and think the best of everyone until proven otherwise. These stats may change your mind about the goodness of humanity and those in your employment. And, while we don’t want to malign all individuals, we do say: Employer, beware!

It usually starts small – a few items from inventory go missing, some cash is unaccounted for or there’s a slight discrepancy in the books that can’t be explained. They are small items at first that can result in huge losses and eventual bankruptcy.

The "discounting disease" that started in 1962, the year when Walmart, Target and Kmart were born, has seeped into every industry segment. Discounts are so prevalent now in both the B2B and B2C world that entire industries live (and die) by discounting.

The estimated annual cost over global cybercrime is 100 Billion.

Cybercrime is growing exponentially. More and more criminals are exploiting the speed, convenience and anonymity of the Internet to commit a diverse range of criminal activities that know no borders, either physical or virtual.

Companies are always looking for a competitive advantage; an innovative product, efficiencies in production and productivity, developing better processes for delivering goods and services. And, these competitive advantages are measurable and are expected to have an ROI.

One of the major challenges of running any organization is effectively enlisting the input of employees to help achieve operational goals. The key is combining what you might already know as a manager with the ability to form networks of informal collaboration within your company or team.

With the world economy in a state of flux and prices constantly on the rise, managing cash flow within your business is becoming increasingly important. Consider these tips for cash flow management to help you keep your business thriving.