Strategy & Operations: Page 92


  • 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
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    You X Ventures / Unsplash
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    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
  • Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    thanyakij, bongkarn. (2019). Retrieved from Pexels.
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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
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    Fotolia
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    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
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    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
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    "Headphones" by PJ is licensed under CC BY-SA 3.0
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    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
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    Courtesy of Impossible Foods
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    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
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    Photo by rawpixel on Unsplash
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    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
  • 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
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    Courtesy of Noom
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    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
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    Flickr
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    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
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    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
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    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
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    University of Dayton
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    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
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    Courtesy of Zoom
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    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
  • Don't rush into public equity if you're succeeding privately, CFOs say

    Remaining private brings benefits if you have the right partners, finance leaders say.

    By Robert Freedman • Nov. 22, 2020
  • How can CFOs become the deputy CEO?

    Panelists at the MIT Sloan CFO Virtual Summit Thursday shared tactics and strategies for assuming the right-hand person role for their respective CEOs.

    By Jane Thier • Nov. 19, 2020
  • Keep board meetings focused on strategy, avoid riffs, specialists say

    Panelists at the MIT Sloan CFO virtual summit this week recommend getting financial information to members early to make board meetings more productive.

    By Robert Freedman • Nov. 19, 2020