Strategy & Operations: Page 4
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Corporate boards, C-suite teams urged to step up tech focus
The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.
By Alexei Alexis • Oct. 8, 2024 -
CFO compensation at recent IPO companies hits $1.2M average
Setting executive compensation has become more complex for companies considering an IPO because of regulatory, legal and other factors, Alvarez & Marsal said.
By Jim Tyson • Oct. 7, 2024 -
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 -
Companies signal pullback on Israel-Gaza philanthropy: Conference Board
As the conflict enters its second year, some companies will likely wind down funding commitments amid concern about backlash to corporate policies, the Conference Board’s Andrew Jones said.
By Maura Webber Sadovi • Oct. 7, 2024 -
Sponsored by Protiviti
AI investments require the CFO’s expertise – and vice versa
AI aids CFOs' top goals, with 1 in 3 finance firms using it for automation and forecasting.
By Chris Wright, Managing Director Global Leader, Business Performance Improvement Practice • Oct. 7, 2024 -
Inflation, interest rates continue to drive big business bankruptcies
The services, manufacturing, finance and real estate sectors are among the industries experiencing higher levels of financial distress, according to Cornerstone.
By Maura Webber Sadovi • Oct. 4, 2024 -
What must-have AI skills do finance execs need? First, dig in.
CFOs don’t need to code AI themselves, but they do need to try it out and learn how it can be applied to their individual situations, consultants say.
By Chris Gaetano • Oct. 4, 2024 -
Hurricane Helene aftermath prompts card, cash troubles
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
By Lynne Marek • Oct. 4, 2024 -
Generative AI hits 28% usage rate, spreads throughout US workplace: NBER
By March generative AI’s most common tools had been accessed more than 3 billion times by hundreds of millions of users every month.
By Jim Tyson • Oct. 3, 2024 -
AICPA, NASBA draft new CPA rules for states to model
The proposed update to the Uniform Accountancy Act is a key step toward opening a path to CPA licensure that requires fewer college credits.
By Maura Webber Sadovi • Oct. 3, 2024 -
US corporate commitment to diversity in decline, McKinsey says
“Progress is surprisingly fragile, especially for women of color, who continue to be underrepresented at every level” of the corporate hierarchy, McKinsey said.
By Jim Tyson • Oct. 2, 2024 -
Deloitte teams up with contract data analytics firm Pramata
Pramata’s focus on protecting clients from generative AI “hallucinations” was a key reason it was selected to become a Deloitte partner.
By Alexei Alexis • Oct. 2, 2024 -
Affirm may offer discounts after Fed interest rate cut
The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.
By Patrick Cooley • Oct. 2, 2024 -
Zoom picks Microsoft vet for CFO
Michelle Chang will take the video conference provider’s financial reins as the company pushes to advance its AI-first work platform.
By Maura Webber Sadovi • Oct. 1, 2024 -
Fed’s Cook says ‘impressive’ AI innovation has yet to lift productivity
Cook highlighted the long-term potential of artificial intelligence to spur economic growth, lift wages and ease price pressures.
By Jim Tyson • Oct. 1, 2024 -
Workday takes on Microsoft in race to transform corporate finance
The recent introduction of Workday Assistant, an AI companion, follows the release of Microsoft’s Copilot for Finance earlier this year.
By Alexei Alexis • Oct. 1, 2024 -
Powell says Fed policymakers not ‘in a hurry’ to cut interest rates
“We’re recalibrating policy to maintain the strength in the economy, not because of weakness in the economy,” Federal Reserve Chair Jerome Powell said.
By Jim Tyson • Sept. 30, 2024 -
A look at 7 Supreme Court cases Big Business will be watching
The court’s term begins Oct. 7 with a docket that involves corporate securities, labor, RICO and environmental questions.
By Justin Bachman • Sept. 30, 2024 -
Sponsored by Thomson Reuters
Evolving CFO roles and the impact on corporate tax departments
The transformation of the CFO role is reshaping corporate tax departments, driving them towards greater strategic involvement, technological adoption and enhanced compliance.
Sept. 30, 2024 -
Costco CFO targets lower prices amid ‘effectively flat’ inflation
Costco lowered prices on a number of its store brand items as high food prices have become a hot button issue in the presidential election.
By Maura Webber Sadovi • Sept. 27, 2024 -
IPOs rebound through Q3 on prospect of falling interest rates: EY
Despite the emerging recovery, several headwinds to IPOs persist, including conflicts abroad and the hard-to-predict outcome of the Nov. 5 election, EY said.
By Jim Tyson • Sept. 27, 2024 -
Climate Week NYC 2024 delivers carbon removal deals, green banking coalition
The annual climate event launched with announced commitments to triple nuclear energy financing, decarbonization initiatives across the aviation sector and some carbon offset deals.
By Lamar Johnson • Sept. 27, 2024 -
GDP growth exceeds forecasts as Fed governor warns of excessive easing
Federal Reserve Governor Michelle Bowman was the sole policymaker to oppose a decision to cut the main interest rate by a half percentage point.
By Jim Tyson • Sept. 26, 2024 -
Deep Dive
No, not all companies are abandoning diversity, equity and inclusion. Here’s why.
Amid a high-profile backlash, many businesses are scrutinizing their policies. But the vast majority end up sticking with DEI, in part because it’s key to growth.
By Daphne Howland • Sept. 26, 2024 -
Moneygram faces backlog after outage
The international wire transfer company has restarted some services after a cyberattack forced its systems to be shut down.
By Lynne Marek • Sept. 26, 2024 -
CFOs trim spending while facing hazy post-election prospects: Fed survey
The hard-to-predict outcome from the presidential election in November has shown several signs of sapping business confidence.
By Jim Tyson • Sept. 25, 2024