Strategy & Operations: Page 7


  • IT Technician with a Laptop Computer and Black Male Engineer Colleague are Talking in Data Center while Walking Next to Server Racks.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Legacy tech upgrades cost the average business nearly $3M last year

    Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.

    By Lindsey Wilkinson • July 19, 2024
  • A blue screen with an unhappy face is depicted on a screen in the background behind glass and in front of a person looking down.
    Image attribution tooltip
    Anthony Kwan / Stringer via Getty Images
    Image attribution tooltip

    CrowdStrike software update at the root of a massive global IT outage

    A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.

    By David Jones • July 19, 2024
  • Help wanted sign in front of store front. Explore the Trendline
    Image attribution tooltip
    lorozco3D via Getty Images
    Image attribution tooltip
    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
  • Board of directors
    Image attribution tooltip
    FatCamera via Getty Images
    Image attribution tooltip

    ‘Say-on-pay’ proxy support rises despite concerns about PSUs: EY

    The number of investor activist campaigns this proxy season rose to 691, a 2.4% increase compared with 2023, according to EY.

    By July 17, 2024
  • Federal Reserve Bank Chair Jerome Powell speaks during a congressional hearing.
    Image attribution tooltip
    Bonnie Cash via Getty Images
    Image attribution tooltip

    High interest rates dampen hopes for robust M&A recovery

    While M&A activity is gaining momentum, dealmakers continue to face a mixed macroeconomic environment, Boston Consulting Group analysts said. 

    By July 17, 2024
  • A businessperson hands a colleague a paycheck.
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip

    CFOs plan to raise salaries 3.9% in 2025: WTW

    U.S. companies are trimming salary increases as the labor market loosens, recovering from a pandemic period of high resignations, job hopping and wage gains.

    By July 16, 2024
  • An individual interacts with an AI chatbot on a computer screen.
    Image attribution tooltip
    Laurence Dutton via Getty Images
    Image attribution tooltip

    AI budgets poised to surge in 2025

    While AI investments are expanding, many companies are failing to invest in infrastructure necessary to optimize the technology, EY found.

    By July 16, 2024
  • The words Federal Reserve engraved in a marble building with an eagle above.
    Image attribution tooltip
    Douglas Rissing via Getty Images
    Image attribution tooltip

    Powell says data lift Fed confidence inflation cooling toward 2% goal

    Federal Reserve Chair Jerome Powell welcomed recent inflation data, including a report that the core consumer price index rose last month at the slowest pace since early 2021.

    By July 15, 2024
  • A person walks into BNY Mellon's headquarters in New York City.
    Image attribution tooltip
    Mario Tama / Staff via Getty Images
    Image attribution tooltip

    Banks should proactively combat instant payments fraud: BNY

    Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

    By Suman Bhattcharyya • July 12, 2024
  • A person in a white t-shirt works behind the counter at a cafe.
    Image attribution tooltip
    Scott Olson / Staff via Getty Images
    Image attribution tooltip

    Casual dress codes, informal etiquette may help recruiting and retention, survey indicates

    Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.

    By Carolyn Crist • July 12, 2024
  • Costco logo
    Image attribution tooltip
    Eric Thayer via Getty Images
    Image attribution tooltip

    Costco hikes membership fees 8% as inflation eases

    The long-anticipated increase marks the first time since 2017 that the global retailer has raised its membership fees. 

    By July 11, 2024
  • Businessman holds electronic tablet showing profit data, while businesswoman holds hard-copy report.
    Image attribution tooltip
    Chainarong Prasertthai via Getty Images
    Image attribution tooltip

    GenAI spending frenzy shifts as revenue emerges as top ROI priority

    Revenue generation has overtaken productivity as C-suite leaders’ primary return-on-investment metric for generative AI spending, KPMG found.

    By July 11, 2024
  • A bronze sculpture of an eagle with a 16-foot wingspan adorns the outside of the Federal Reserve Bank of Atlanta.
    Image attribution tooltip
    Jens_Lambert_Photography via Getty Images
    Image attribution tooltip

    Fed will cut main rate before inflation falls to its 2% goal: Powell

    A decline in the Federal Reserve’s preferred inflation measure to 2.6% has prompted policymakers to focus more on the cooling job market, Fed Chair Jerome Powell said.

    By July 10, 2024
  • Shot of UPS truck driving down an open road
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Newly-appointed UPS CFO faces shipping, cost quandary

    Brian Dykes faces the tough challenge of boosting shipping volumes without subsequently increasing costs, West Monroe’s Jeremy Tancredi said.

    By July 10, 2024
  • Monish Patolawala head shot
    Image attribution tooltip
    Courtesy of ADM
    Image attribution tooltip

    ADM hires 3M CFO, signaling push for fresh start after accounting woes

    The grain trading giant’s financial reporting practices have been in the spotlight since January when it revealed an internal probe was underway.

    By July 10, 2024
  • A construction worker sits alone at a jobsite.
    Image attribution tooltip
    SimonSkafar/E+ via Getty Images
    Image attribution tooltip

    Powell spotlights risks to jobs, wants more gains against inflation

    The job market in recent months has shown signs of returning to its pre-pandemic trend, with demand for labor easing and unemployment rising to 4.1% in June.

    By July 9, 2024
  • Header image for "Best in Class CFOs Drive 6.6% Savings With Spend Management Tech: Weekly Stat"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip
    Opinion

    How CFOs can leverage AI in spend management

    AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.

    By Chris Juneau • July 9, 2024
  • Shot of Beautyrest branded pillow resting on a mattress
    Image attribution tooltip
    Jamie McCarthy via Getty Images
    Image attribution tooltip

    Serta brings in ElectroLux alum as finance chief after latest CEO swap

    GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.  

    By July 8, 2024
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Almost 60% of corporate cybersecurity budgets are higher this year: report

    Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.

    By July 3, 2024
  • Header image for "U.S. Inflation Surges at Highest Rate Since 1982"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Inflation persists as top concern among small businesses: U.S. Chamber

    Businesses in services and manufacturing find price pressures more troublesome than their counterparts in other sectors, the U.S. Chamber said.

    By July 3, 2024
  • Federal Reserve Chair Jerome Powell.
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Powell sees gains against inflation, wants more progress before rate cuts

    After Powell’s comments, traders in interest rate futures increased the odds the Fed will cut the main interest rate by a quarter point in September.

    By July 2, 2024
  • workers toil on a hot construction site with the orange sun in the background
    Image attribution tooltip
    SonerCdem via Getty Images
    Image attribution tooltip

    OSHA proposes rule to protect workers from extreme heat

    Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.

    By Zachary Phillips • July 2, 2024
  • A wide shot of the U.S. Supreme Court building
    Image attribution tooltip
    Al Drago via Getty Images
    Image attribution tooltip

    Chevron ruling adds new wrinkle to US cybersecurity efforts

    The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.

    By July 2, 2024
  • Computer keyboard with key marked "insurance."
    Image attribution tooltip
    sodafish via Getty Images
    Image attribution tooltip

    Cyber insurance prices fall amid rising competition: report

    The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.

    By July 2, 2024
  • Supreme Court
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    SCOTUS gives CFOs ‘brand new lens’ for tax positions

    Businesses should review their tax positions to see if they are dependent on a regulation that might be vulnerable to a challenge, attorney Robert Kovacev said.

    By July 1, 2024
  • rep and warranty insurance
    Image attribution tooltip
    pixelfit via Getty Images
    Image attribution tooltip

    IPO market quickens as stocks hit record highs during H1 2024, EY says

    In coming months the IPO market in the U.S. and beyond faces possible turbulence from intensifying regional conflicts and “an election super-cycle,” EY said.

    By July 1, 2024