Strategy & Operations: Page 54
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Acquisition of bankrupt companies poised to surge this year
One advantage to buying a target business while it’s in bankruptcy is the court’s sale order, which helps ensure the buyer has title to the assets without concerns creditors will assert claims.
By Ted Knutson • March 23, 2022 -
Internet of Things forces rethink of KPIs: McKinsey
The Internet of Things may unlock as much as $12.6 trillion in value by 2030 if companies weave the technology into their operations, McKinsey said.
By Jim Tyson • March 22, 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 -
Hardening cloud against 'bad actors' eclipses budget concerns: BDO
Over the past two years of hybrid work, multiple external devices accessing company networks and the shift away from the "castle-and-moat" structure has turned the cybersecurity landscape upside down, BDO's Steve Combs said.
By Maura Webber Sadovi • March 22, 2022 -
CRISPR pioneer's biotech taps ex-Barclays banker as CFO
Scribe Therapeutics was co-founded by Jennifer Doudna, who shared the 2020 Nobel Prize in Chemistry for the discovery of CRISPR, the genome editing technology.
By Maura Webber Sadovi • March 21, 2022 -
Sponsored by Protiviti
Stop kicking the can: Why companies must think long term to solve supply chain challenges
Learn how this partnership between supply chain and finance teams can lead to their supply chain becoming more resilient, flexible and predictive over time.
By David Petrucci, Managing Director Supply Chain Global Leader and Tim Bulman, Managing Director Business Performance Improvement • March 21, 2022 -
CarParts.com promotes CFO in C-Suite shakeup
With over 300,000 square feet of warehouse space coming online over the next two quarters and a record inventory level, the company is sticking with its strategy of loading up on products to win customers.
By Maura Webber Sadovi • March 17, 2022 -
'Fourth-party risk' rising during supply chain disruption
Businesses seeking to curb the threats from cyberattacks, high inflation and pandemic interruptions confront an added layer of risk from sub-contractors, KPMG said.
By Jim Tyson • March 17, 2022 -
Companies settle on hybrid return-to-office model
After embracing remote work, both employers and employees see social interaction as integral to satisfaction and performance.
By Robert Freedman • March 16, 2022 -
How Kyiv media CFO is adjusting to a war-footing
The Kyiv Independent uses a fintech platform and sends crypto to an exchange, which converts it into payments in local currency, the hryvnia, and lets subscribers pay their fees with non-fungible tokens (NFT), says CFO Jakub Parusinski.
By Maura Webber Sadovi • March 16, 2022 -
Inflation gauges rising as Fed weighs cutting stimulus
Russia’s invasion of Ukraine has spurred inflation and complicated efforts by the Federal Reserve to curb price gains without harming employment and economic growth.
By Jim Tyson • March 15, 2022 -
Buybacks soar as companies eye Ukraine, other volatility sources
CFOs in the S&P 500 are sitting on almost $3 trillion in cash, money they can’t easily spend to increase productivity because of tight labor and supply chain constraints.
By Robert Freedman • March 15, 2022 -
CFOs chase products as war clouds supply chain outlook
“We believe that through 2022, the supply chain will be the fundamental limiting factor to our total output for the year,” Rivian Automotive CFO Claire McDonough said.
By Maura Webber Sadovi • March 12, 2022 -
Healthcare alliance's CFO to scale, lock down finance functions
“Generally speaking with any early-stage company, you get a lot of nos. I’m going to have to pivot a lot,” said CFO Karen Molis.
By Maura Webber Sadovi • March 11, 2022 -
Deep Dive
CFOs hold pay raises far below inflation despite war for talent
CFOs are spurring resignations by letting inflation far outpace wage gains. They can take steps to improve employee retention even as prices increase at the highest rate in four decades.
By Jim Tyson • March 11, 2022 -
Company tax bills are rising — along with compliance complexity
Only 18% of companies with $100M or more in annual revenue saw a drop in what they owe, a BDO survey shows. Meanwhile, tax executives are increasingly asked to explain tax impacts, but not help set company strategy.
By Robert Freedman • March 11, 2022 -
Former Valentino CFO takes finance helm at IBrands Global
“The company has grown dramatically … and as it often happens, the infrastructure did not grow at the same speed,” said CFO Carmine Pappagallo.
By Maura Webber Sadovi • March 10, 2022 -
Quitting workers seek higher pay, advancement: Pew
Workers have quit at a record rate as the tight labor market bolsters their confidence in landing better jobs.
By Jim Tyson • March 10, 2022 -
GP-led continuation funds touted for keeping sponsors, portfolio companies together
The increasingly popular vehicle can be better for operating teams than risking a badly matched sale to an unknown buyer.
By Robert Freedman • March 10, 2022 -
409A share valuations called more flexible than many CFOs believe
Setting a price is formula-based, but there are levers finance leaders can pull to manage the variance between preferred and common stock, Chad Wilbur of Carta says.
By Robert Freedman • March 9, 2022 -
How Axogen's CFO solved for growth by sticking with office
“We would not want to make any decisions that might benefit the cost line over the next 12 to 18 months but limit our ability to grow,” said CFO Pete Mariani.
By Maura Webber Sadovi • March 8, 2022 -
Small businesses see inflation as No. 1 challenge
The highest inflation in four decades has eroded profit margins and compelled small businesses to raise prices, the National Federation of Independent Business said.
By Jim Tyson • March 8, 2022 -
Opinion
Jaw-dropping expenses are just one of many IPO surprises
Don’t be caught off guard by the demands you and your staff will face as you prepare to go public, whether through an IPO or a SPAC merger.
By Steve Hansen • March 8, 2022 -
Bluebird's CFO resigns as cash woes raise doubts about its future
The gene therapy developer's top financial executive, Gina Consylman, is stepping down amid concerns the company needs to raise additional cash to survive for more than a year.
By Jonathan Gardner • March 7, 2022 -
CFOs grapple with Ukraine fallout, 'fluid' sanctions environment
“Our first and most important priority remains the people we have in the region," said Sachin Mehra, CFO at Mastercard.
By Maura Webber Sadovi , Jonathan Berr , Caitlin Mullen • March 4, 2022 -
Workforce disclosures surge amid pressure for diversity
Although companies are revealing more about employee race and ethnicity, their reports are not standardized and are often spotty, JUST Capital said.
By Jim Tyson • March 4, 2022