Additionally, in many countries, regulated severance packages can make a terminated employee feel like they won the lotto. What kind of message does that send? Employee thieves are rewarded by winning company lotto.For any corporation that is increasing its operational footprint in developing countries, the ability to accurately predict earnings will be plagued by so many new, different, and unforeseen variables that the forecasting process will seem like Voodoo science. Because the sources of unpredictability are rooted in foreign political, economic and social cultural systems, they won't be going away anytime soon. Trust, but verify, or buyer beware.
Earnings Forecasts: Voodoo Science, Pt 2 of 2
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