Strategy & Operations: Page 50
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Most accountants suffer burnout: study
A high level of chronic stress increases the rate of accounting error, prompting many companies to reopen their books after closing to fix mistakes.
By Jim Tyson • July 21, 2022 -
C-suite savvy key to digital transformation success, McKinsey says
Many top executives are underwhelmed by the pay-off from spending on digital transformation, including after building new digital businesses within their companies.
By Jim Tyson • July 20, 2022 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
Confidence among CFOs, accountants falls to record low: survey
Rising operating costs and persistent supply chain bottlenecks clouded CFOs’ outlook during the three months ending in June.
By Jim Tyson • July 19, 2022 -
Nearly one-third of workers plan to quit: Conference Board
Many CFOs are raising wages in order to curb near-record attrition in a highly competitive labor market.
By Jim Tyson • July 18, 2022 -
Companies next year plan biggest average pay raise since 2008
In order to succeed in a highly competitive labor market, companies need to consider providing non-monetary benefits such as workplace flexibility in addition to pay raises, Willis Towers Watson said.
By Jim Tyson • July 14, 2022 -
Twitter suit details CFO, CEO caught in Musk crossfire
Twitter’s complaint paints a picture of senior executives under pressure as they seek to cooperate with and provide information to a mercurial buyer.
By Maura Webber Sadovi • July 13, 2022 -
Prices surge 9.1% as Fed girds for tougher inflation fight
The jump last month in “core prices” — excluding volatile food and energy — signals that inflation was widespread.
By Jim Tyson • July 13, 2022 -
Sponsored by Planful
Trailblazing CFOs are turning rampant uncertainty into opportunity
It’s clear that the CFOs who take a creative and nimble approach to operating their businesses will continue to fare better than those taking the more classic, slightly deliberate and conservative approach of even the more “modern” CFOs.
By Dan Fletcher, CFO, Planful • July 12, 2022 -
Inflation knocks small business expectations to record low: NFIB
Small businesses — a bellwether for U.S. economic trends — face persistent hiring challenges in a tight labor market.
By Jim Tyson • July 12, 2022 -
Long-time Vail CFO, key to acquisitions, exits
Vail CFO Michael Barkin is stepping down, as the company's new CEO has shifted the resort operator's focus to better support employees, amid worker shortages.
By Maura Webber Sadovi • July 11, 2022 -
Cloud computing adds value well beyond agility, efficiency: Deloitte
Companies excelling in the use of cloud computing work with three or four cloud providers rather than only one or two and do not spend much more on cloud platforms and services than their rivals, Deloitte found in a survey.
By Jim Tyson • July 11, 2022 -
Twitter CFO retweets board plan to enforce Musk deal
Experts have differed as to whether Twitter CFO Ned Segal would remain at the company in a Musk-led scenario.
By Maura Webber Sadovi • July 10, 2022 -
Auditors see inflation plaguing economy for at least 12 months: CAQ
High inflation and tight labor markets have compelled many CFOs to revise business plans during the past several months. Most audit partners see the two challenges persisting.
By Jim Tyson • July 8, 2022 -
GameStop ousts CFO, taps former interim finance chief
Michael Recupero’s exit could be a signal that GameStop’s effort to “Amazon-ify” its business isn’t working.
By Maura Webber Sadovi • July 8, 2022 -
Opinion
Don't abandon stablecoins over Terra, CFO says
Fintechs and financial services players will "be the driver of innovations and regulations that enable stablecoins, crypto and other digital assets to scale," argues Metallicus Chief Financial Officer Irina Berkon.
By Irina Berkon • July 8, 2022 -
Advent's Maitland predicts CFOs will return to convertible bonds
Global convertible bond issuance volumes posted a record slow first half, plummeting nearly 90% year-over-year to $11 billion, according to a Bank of America report.
By Maura Webber Sadovi • July 7, 2022 -
M&A falls 21% during first half 2022 amid global turmoil: Refinitiv
As the M&A market shrinks following a banner year in 2021, CFOs eager to pursue a deal can still draw from abundant capital.
By Jim Tyson • July 7, 2022 -
Fed anticipated a big rate increase later this month, minutes show
Policymakers alarmed at their June meeting by mounting price pressures supported an aggressive pullback in stimulus to curb economic growth.
By Jim Tyson • July 6, 2022 -
BNY Mellon poaches new CFO from Goldman Sachs
BNY Mellon’s pick of Dermot McDonogh as CFO comes just months after the bank announced Robin Vince would succeed CEO Todd Gibbons, who is retiring.
By Maura Webber Sadovi • July 6, 2022 -
How CFOs can free liquidity from insurance 'collateral jail'
Insurance collateral financing now offered by the 1970 Group is designed to solve a pain point that has long vexed treasurers and finance executives who opt for loss-sensitive policies to lower premiums.
By Maura Webber Sadovi • July 5, 2022 -
'Gray-zone aggression' may make some business uninsurable: AEI
CFOs face growing difficulty in curbing risk as geopolitical tensions rise and hostile governments harm global companies with headquarters in rival nations.
By Jim Tyson • July 1, 2022 -
Chicago woos out-of-state execs with post-Roe letters
Chicago economic development officials, often forced to fend off concerns around crime and high taxes, quickly launched an offense touting its advantages to business, executives and their employees in a post-Roe world.
By Maura Webber Sadovi • July 1, 2022 -
IPOs worldwide plunged 46% during first half 2022: EY
Many CFOs have held off on IPOs this year as high inflation, a pullback in monetary stimulus and sanctions following Russia’s invasion of Ukraine roiled equity markets.
By Jim Tyson • June 30, 2022 -
Fed inflation fight 'highly likely to involve some pain': Powell
Powell committed the Fed to hitting its 2% inflation target as rising prices undermined consumer expectations and increased the odds of a recession.
By Jim Tyson • June 29, 2022 -
CFO, business optimism hits 12-year low: JPMorgan
In spite of the “drastic” decline in business leader optimism, JPMorgan’s Ginger Chambless doesn’t expect companies to make “material” capital spending cuts this year.
By Maura Webber Sadovi • June 29, 2022