Strategy & Operations: Page 81
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Google engineers unionize, but the focus isn't on money — yet
The new Alphabet Workers Union is expected to press for more employee influence on Google’s policies and priorities.
By Robert Freedman • Jan. 4, 2021 -
COVID-19 upends some companies' dividend-or-buyback calculation
How thinly a stock is traded, its current book value and the availability of alternative uses of cash weigh into the buyback-or-dividend decision, finance leaders say.
By Ramona Dzinkowski • Jan. 1, 2021 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital transformation, one smart step at a time
As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.
By CFO Dive staff -
Developer behind Amazon's HQ2 hires new CFO
Moina Banerjee, who started as JBG SMITH's CFO on Jan. 1, said long-term plans for Amazon's HQ2 are undeterred by the pandemic.
By Jane Thier • Jan. 1, 2021 -
New type of direct listing promises cheaper, more lucrative IPOs
The SEC approved primary direct floor listings in December. Critics worry these new listings will brew trouble.
By Robert Freedman • Jan. 1, 2021 -
Careful pruning, not blanket cuts, aids post-pandemic growth
Start with below-the-line costs, be strategic on headcount and cloud spend, and look for ways to get customers to newer products, finance executives say.
By Ted Knutson • Dec. 22, 2020 -
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ESG, green financing among CFO trends to watch in 2021
During the pandemic, CFOs' roles have expanded considerably. Most of these new obligations will carry over into the coming years, Accenture's managing director Aneel Delawalla says.
By Jane Thier • Dec. 21, 2020 -
New stimulus bill to allow PPP-funded business expense deductions
The $900 billion bill improves and extends the employee retention tax credit and lets businesses apply for a second PPP loan.
By Robert Freedman • Dec. 21, 2020 -
Opinion
CFOs must consider tax, legal issues before closing offices
Work with your HR chief to factor in your organization’s talent strategy before deciding how much real estate you want to let go; having permanent remote workers has far-reaching implications.
By Steve Black • Dec. 20, 2020 -
Companies see covenant, indenture loosening as investors hunt for yield
The more frequent elimination of ratio debt is one of the key leveraged loan and high-yield bond trends this year.
By Ted Knutson • Dec. 20, 2020 -
Large gulf between CFOs and reality on real-time capabilities, survey finds
Nearly 70% of CFOs say a real-time financial model will be key to responding to any crises that arise next year, an Accenture survey shows.
By Robert Freedman • Dec. 17, 2020 -
How a CFO learned from Napster's music piracy
Life360 CFO Russell Burke brings experience from his days battling the disruption of peer-to-peer file sharing.
By Robert Freedman • Dec. 12, 2020 -
CFOs optimistic but don't see normalcy in 2021, survey finds
Just over two in five CFOs said they expect to meet 95% or more of their pre-pandemic revenue expectations, Deloitte's 4th-quarter CFO Signals Survey found.
By Jane Thier • Dec. 9, 2020 -
Dive Awards
Innovator of the Year: David Lee, Impossible Foods
In David Lee’s first year as finance chief, Impossible, the brand known for meatless products, has squeezed in decades’ worth of accomplishments, in the midst of a pandemic that has brought countless competitors to their knees.
By Jane Thier • Dec. 9, 2020 -
Should CFOs let remote employees play 'paycheck arbitrage?'
Some companies are allowing permanent remote work, but don’t want to pay as much to employees who move to lower-cost areas.
By Robert Freedman • Dec. 8, 2020 -
Opinion
Making 'M&A by Zoom' work through the art of long-form writing
A return to long-form writing can help offset what's lost in virtual negotiations, Mona Sabet, chief of corporate strategy at UserTesting, says.
By Mona Sabet • Dec. 6, 2020 -
"Endicott House, longtime site of MIT Sloan executive education programs" by John Phelan is licensed under CC BY 3.0
2020 MIT Sloan CFO Virtual Summit: Full coverage
Dec. 4, 2020 -
CFO broke mold when he took Snap public in 2017
Drew Vollero, now CFO of security company Allied Universal, had no IPO or tech experience, but he knew how to build a finance function.
By Robert Freedman • Dec. 3, 2020 -
COVID-19 has led to better business insights, CFOs say
The pandemic’s upheaval forced finance teams to better understand what their customers, suppliers and employees want, according to CFOs at last month's MIT Sloan CFO virtual summit.
By Robert Freedman • Dec. 1, 2020 -
Noom CFO: Company pursues 'greater predictability' in forecasting, business planning
"We have made no decisions about an IPO, [but] we’re on the precipice of growing into a more mature, significant company," Michael Noonan says.
By Jane Thier • Dec. 1, 2020 -
Coca-Cola CFO prefers 'scenario management' to 'scenario planning'
Leadership starts with understanding the consumer and anticipating future trends, John Murphy said. Over time, Coca-Cola has moved from "essentially a single-brand company to what we call a 'total beverage company.'"
By Jane Thier • Dec. 1, 2020 -
Pandemic expanded CFO path to CEO, survey finds
Companies hiring CEOs during the pandemic are mostly tapping CEOs from other companies, but they're also increasingly hiring CFOs for the top spot, a survey of 965 global companies found.
By Robert Freedman • Nov. 26, 2020 -
How to best manage ESG disclosures
Environmental, social and governance reporting will likely become mandatory for public companies, specialists say. CFOs should figure out best practices now.
By Ted Knutson • Nov. 24, 2020 -
Deep Dive
How Gilead finally spent its money
This year, the biotech spent about $27 billion trying to become a leader in cancer research. But Gilead's CFO, Andrew Dickinson, said there's still work to be done.
By Jacob Bell • Nov. 24, 2020 -
Zoom, Grubhub took risks to help customers during pandemic
Few companies benefited from the pandemic more than these two, so finance decisions were made to help hard-hit customers, company CFOs said at the MIT Sloan CFO virtual summit.
By Robert Freedman • Nov. 23, 2020 -
Most important part of financial planning? Communication.
"This is when we need to show what leadership is all about," Judy Romano, CFO of commercial and technology for InterContinental Hotels Group, said on a virtual MIT Sloan CFO Summit panel Friday.
By Jane Thier • Nov. 23, 2020