CFO News Room

JANUARY 27, 2023

Tiger Tyagarajan is CEO of Genpact, a global firm that advises clients on digital transformation. Tyagarajan helped transform a division of General Electric (GE Capital International Services) into Genpact, a company that now has more than 100,000 employees and annual revenue of $4 billion. He says there’s an important difference between simply “digitizing” your company (by, for example, automating tasks) and truly transforming it digitally, which goes beyond technology to develop the people and

Education 100

Education Technology Leverage Communication 100

CFO News Room

JANUARY 27, 2023

Investing in the stock market, real estate, or crypto has never been easier. Gone are the days when you had to be an expert or work with a stock broker to buy company shares or invest your money. You can invest your money in several ways, with options for every level of risk tolerance and investment understanding. Many of the best online brokerages are designed for beginner investors and offer unique incentives for signing up.

Investments 130

Investments Education Accounting Finance 130

CFO News Room

JANUARY 27, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that CFP Board announced this week that it is splitting into two separate organizations with the same leadership but different nonprofit statuses. By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP profess

Nonprofit 130

Nonprofit Practice Management Advertising Leadership 130

CFO News Room

JANUARY 27, 2023

I am not much of a car person and view cars primarily as a mode of transportation. I drive a 2010 Honda Civic, a perfectly serviceable vehicle that is never going to get oohs and ahas from onlookers, but I feel no urge to value Honda. I don’t own a Tesla, and have only driven someone else’s Tesla, but as readers of this blog know, I valued Tesla for the first time in 2014, and I keep returning to the scene of the crime.

Valuation 130

Valuation Investments Manufacturing Marketing 130

CFO News Room

JANUARY 27, 2023

By Lambert Strether of Corrente. “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” — Will Durant (attributed to Aristotle) Policy on Covid in the West is being locked down around a few bullet points (as you can see from what was discussed at the recent meeting of the FDA Advisory Panel on Covid Vaccines , and what was not discussed ( see additional material in today’s links ).

Leverage 100

Leverage Economics Construction Transportation 100

CFO News Room

JANUARY 27, 2023

Real GDP rose 2.9 percent in the 4th quarter of 2022, exceeding estimates ranging from 2.6 to 2.7 percent. This puts the first estimate of overall US economic growth in 2022 at 2.1 percent. While this is notable in light of the brief recession that took place earlier in the year and the aggressive rate hikes undertaken by the Federal Reserve, that growth rate is roughly one-third of real US GDP growth in 2021 (5.7 percent).

Economics 130

Economics Healthcare Leadership Investments 130

CFO News Room

JANUARY 27, 2023

American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Express — The credit card company saw an 11% jump in its shares after it issued upbeat earnings and revenue guidance for 2023 that was better than expected by Wall Street analysts.

Profit and Loss 130

Profit and Loss Forecasting Manufacturing Marketing 130

CFO News Room

JANUARY 26, 2023

Listen to article (2 minutes) Russia’s war on Ukraine has redrawn the global oil map, rerouting a fleet of skyscraper-size tankers on longer voyages as they shuttle crude shipments that are essential to the global economy. The Wall Street Journal analyzed data from the ship-tracking firm Spire Global that showed the paths of about 3,000 such vessels to find those leaving Russian ports across periods before and after the Russian invasion on Feb. 24.

Analyzing Data 100

Analyzing Data Transportation Marketing Economics 100

CFO News Room

JANUARY 26, 2023

If your team is preparing to announce layoffs virtually, calculated preparation for your executive team is critical. This isn’t just another Zoom meeting; this is an announcement that affects people’s livelihoods and the future of your organization. With the proper preparation, though, you can effectively and compassionately address layoffs online. You’ll need to do the following: first, block out rehearsal time so you’re prepared.

Communication 130

Communication Leadership Securities Planning 130

CFO News Room

JANUARY 26, 2023

Early retirement has become a popular financial goal. And well it should be. Even if you never retire early, just knowing that you can is liberating! And it may just be the strategy that frees you up to take on even bigger challenges in life. That can happen when you reach the point where you no longer have to work for a living. Can You Really Retire at 50?

Investments 130

Investments Planning Accounting Securities 130

CFO News Room

JANUARY 26, 2023

For many financial advisory firm owners, growth is often the primary goal in the early years of launching a business. However, at a certain point, initial business growth goals will have been met, leaving the business owner at a crossroads of deciding where to take the business next – should they maintain the firm’s current size or continue the growth trajectory and adapt to the firm’s growing needs to bring on more clients?

Communication 130

Communication Planning 130

CFO News Room

JANUARY 26, 2023

One of the big news stories of last week was Jack Dorsey stepping down as CEO of Twitter, and the market’s response to that news was to push up Twitter’s stock price by almost 10%. That reaction suggested, at least for the moment, that investors believed that Twitter would be better off without Dorsey running it, a surprise to those in the founder-worship camp.

Marketing 130

Marketing Valuation Manufacturing Investments 130

CFO News Room

JANUARY 26, 2023

By Lambert Strether of Corrente. Patient readers, I apologize that this Water Cooler is so light; I’ve had a tiring couple of days. But you can talk amongst yourselves! –lambert Bird Song of the Day Alpine Thrush, Dhap Kharka, Nepal. * * * Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick “So m

Manufacturing 130

Manufacturing Economics Communication Healthcare 130

CFO News Room

JANUARY 26, 2023

On Tuesday, the Bureau of Labor Statistics released state employment and unemployment data for December 2022, giving us a full picture of employment changes in the past year. Nationwide, the U.S. economy added 4.5 million jobs in 2022, the second-strongest year for job growth in the past 40 years (after 2021), and a testament to the success of pandemic relief and recovery measures.

Prioritization 130

Prioritization Economics Education Construction 130

CFO News Room

JANUARY 26, 2023

Attacks on the market order are today being issued unabated, and with almost as much gusto from the political right as from the left. Fortunately, the wisdom and insight in classic works such as Adam Smith’s Inquiry Into the Nature and Causes of the Wealth of Nations , Wilhelm von Humboldt’s Limits of State Action , Joseph Schumpeter’s Capitalism, Socialism, and Democracy , and F.A.

Accounting 130

Accounting Economics Transportation Marketing 130

CFO News Room

JANUARY 26, 2023

Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged more than 10% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 cents per share on $1.83 billion in revenue, according to Refinitiv. related investing news Chevron – Shares of the energy giant popped 4% a day after the compa

Technology 130

Technology Forecasting Sales Marketing 130

CFO News Room

JANUARY 25, 2023

For decades, when companies learned their employees were considering unionizing, they followed a familiar playbook: do everything possible to fight and frustrate the unionization effort. Leaders often take a union drive personally, and see unions as a threat, failing to see the legitimacy of workers’ demands. But right now, with a tight labor market and rising worker organizing, companies should reconsider this approach, and opt for ones that lead to better outcomes for both workers and employer

Communication 130

Communication Numbers Marketing Economics 130

CFO News Room

JANUARY 25, 2023

Are you trying to win the Mega Millions, but your numbers never seem to come up? It may be time to look for better ways to make money. Fortunately, you can earn extra cash without going and getting a “real job.” What are the best ways to avoid sitting in a cubicle all day? Some money-making strategies require an upfront investment, while others let you earn money in your free time with the help of apps.

Profit and Loss 130

Profit and Loss Investments Banking Accounting 130

CFO News Room

JANUARY 25, 2023

With the U.S. economy predicted by many experts to slow down in the near future, many people’s thoughts have turned to the prospect of a recession. And along with those expectations may come concerns for those still in the workforce about the possibility of layoffs, and needing to get by without income for an unknown period of time. Such periods can be fraught with anxiety, since beyond ‘just’ the fear of losing one’s livelihood is the realization that there is little way to control

Planning 130

Planning Securities 130

CFO News Room

JANUARY 25, 2023

WeChat is the most popular communications platform in the world for Chinese speakers. It’s also a preferred vehicle for China’s Communist Party to steal data, censor, propagandize and spread disinformation in the U.S., where the app has an average of 19 million daily users. Congress banned the use of TikTok on government devices recently, and the Biden administration is reportedly seeking to go further by, for instance, limiting access to user data to mitigate the app’s dangers.

Communication 100

Communication Securities Technology Entertainment 100

CFO News Room

JANUARY 25, 2023

At the start of every semester for as long as I can remember, I have invited people to sit in informally on my classes at NYU or take the shorter online versions on my website. After thirty six years of teaching, you would think I would be jaded, but I am not. As we get ready for the spring, I am excited, perhaps more so than usual, because I hope to finally be in a real classroom, instead of online, for my classes.

Marketing 130

Marketing Corporate Finance Valuation Finance 130

CFO News Room

JANUARY 25, 2023

The world’s two biggest shipping lines said they would end their vessel-sharing partnership in 2025, a move that would shuffle a lineup of global alliances as demand for trade is weakening. A.P. Moeller-Maersk and Mediterranean Shipping Co. created the so-called 2M alliance in 2015 to help them reduce costs by sharing cargo on major ocean routes. Rivals formed similar partnerships , creating the Ocean Alliance and THE Alliance.

Transportation 100

Transportation Retail Securities Marketing 100

CFO News Room

JANUARY 25, 2023

By Lambert Strether of Corrente. As readers know, I stan for Covid nasal sprays, whether as prophylactics or vaccines (see here and here , plus many mentions in Links and Water Cooler). So I figured it was time for another look, because “science is popping.” I should say right away that the headline is a bit deceptive. The elephant in the room is that India’s Bharat Biotech, a major contract vaccine manufacturer, will be launching its own nasal vaccine, iNCOVACC (BBV154), tomorrow, January 26 ,

Benchmarking 130

Benchmarking Construction Manufacturing Investments 130

CFO News Room

JANUARY 25, 2023

In the early days of the COVID pandemic, the Federal Reserve and central banks around the world pulled out all the stops. Policy rates were yanked to Zero Interest Rate Policy (ZIRP) levels, facilities were extended to provide liquidity to firms having difficulty selling securities in the primary and secondary markets, and direct lending to individuals and firms reached never-before-seen levels.

Economics 130

Economics Foreign Exchange Finance Treasury 130

CFO News Room

JANUARY 25, 2023

Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Corp , Fox — News Corp rallied 5.4%, while Fox news gained more than 2%, after Rupert Murdoch called off plans to merge the two companies. related investing news AT&T — The telecommunications giant rallied 5.4% after reporting more wireless subscribers than expected for the fourth quarter.

Marketing 130

Marketing Investments Planning Banking 130

CFO News Room

JANUARY 24, 2023

CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch. We love to celebrate entrepreneurship. We love to celebrate great business leadership. But for all that attention and oxygen, it’s still an enigma. You know it when you see it, but what are the necessary traits of a successful founder? What is the decision tree that a compelling organizational leader follows?

Leadership 130

Leadership Startups Planning Construction 130

CFO News Room

JANUARY 24, 2023

The 401(k) plan is the largest asset many investors own accounting for 36.2% of their total net worth according to the U.S. Census Bureau. Regularly checking your 401(k) account can help you stay on top of your investments, and make sure that your money is working for you in the best way possible. What is a 401k? A 401(k) is a type of retirement savings plan offered by many employers to their employees.

Investments 130

Investments Accounting Planning Budgeting 130

CFO News Room

JANUARY 24, 2023

Welcome back to the 317th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Jennifer Climo. Jennifer is the CEO and a Senior Advisor for Milestone Financial Planning, an independent RIA based in Bedford, New Hampshire, that oversees $360 million in assets under management for 225 client households. What’s unique about Jennifer, though, is how, after more than a decade of building her own successful solo practice, she intentionally decided to merge her

Practice Management 130

Practice Management Planning Communication Leverage 130

CFO News Room

JANUARY 24, 2023

Hong Kong publisher and democracy advocate Jimmy Lai faces up to life in prison for daring to speak the truth about the Communist Party. But U.K. Prime Minister Rishi Sunak couldn’t manage even to utter Mr. Lai’s name in Parliament this month. Tory MP Iain Duncan Smith raised Mr. Lai’s plight during the Prime Minister’s Questions on Jan. 11. He noted that Mr.

Securities 100

Securities 100

CFO News Room

JANUARY 24, 2023

Happy New Year, and I hope that 2022 brings you good tidings! To start the year, I returned to a ritual that I have practiced for thirty years, and that is to take a look at not just market changes over the last year, but also to get measures of the financial standing and practices of companies around the world. Those measures took a beating in 2020, as COVID decimated the earnings of companies in many sectors and regions of the world, and while 2021 was a return to some degree of normalcy, the

Marketing 130

Marketing Valuation Corporate Finance Currencies 130

CFO News Room

JANUARY 24, 2023

By Lambert Strether of Corrente. Bird Song of the Day Varied Thrush, Snohomish, Washington, United States Media from this location Illustrated Checklist. “Natural vocalization. Song from a male bird perched on the top of a tall leafless deciduous tree. Spacing between notes much closer together than normal song; perhaps this is dawn song (though no such vocalization is described in BNA) or subsong.

Manufacturing 130

Manufacturing Construction Economics Banking 130

CFO News Room

JANUARY 24, 2023

Are chain stores and chain restaurants wrecking the world and turning our colorful, quirky, diverse world into a uniformly bland, corporatized dystopia, where every place looks like every other place, leaving every place with no sense of place ? Hardly. More chains might mean Minneapolis, Montgomery, Montreal, and Milan all resemble one another, but they resemble one another because they offer ever-expanding arrays of options for people looking to feed, clothe, entertain, and express themselves.

Economics 130

Economics Entertainment Compliance Retail 130

CFO News Room

JANUARY 24, 2023

A woman walks near a Bed Bath & Beyond branch on January 11, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Check out the companies making headlines in midday trading Tuesday. Lyft — The ride-sharing app’s stock added 1.5% following an upgrade to overweight from sector weight by KeyBanc. The firm said cost-saving strategies such as layoffs and stabilizing demand could help the stock.

Profit and Loss 130

Profit and Loss Manufacturing Marketing Economics 130

CFO News Room

JANUARY 12, 2023

The rise of remote work has made corporate leaders paranoid, thinking they must monitor their employees’ every digital move in order to maintain productivity. But while people often zero in on Facebook, TikTok, or Netflix as potential sources of employee distraction, in truth, we’re often more distracted by the ways in which we work today. The author offers four strategies to help managers get to the root causes of what’s distracting their employees: 1) Open a dialogue about distractions; 2) Sch

Problem Solving 130

Problem Solving Prioritization Planning Securities 130

CFO News Room

JANUARY 12, 2023

As inflation has taken center stage, markets have gone into retreat globally, and across asset classes. In 2022, as bond rates have risen, stock prices have fallen, and crypto has imploded, even true believers are questioning what the bottom for markets might be, and when we will get there. While it is easy to call the market movement in 2022 a correction and to argue that it is overdue, it is facile, and it fails to address the question of why it is happening now, and whether the correction is

Investments 130

Investments Profit and Loss Treasury Marketing 130

CFO News Room

JANUARY 12, 2023

By Lambert Strether of Corrente. Bird Song of the Day. Giant Kingbird, Parque Nacional Alexander von Humboldt; Nuevo Mundo, Guantánamo, Cuba. “Habitat: Forest.” Lots of forest sounds. * * *. Politics. “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51. “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick.

Economics 130

Economics Numbers Nonprofit Accounting 130

CFO News Room

JANUARY 12, 2023

Having been an editor on three journals, I can say that the most difficult thing a journal must do is find referees. So I was thinking last week of how nice it would be to have a “refbot” (software that was trained on what made for a good, publishable article) to use as a referee. And then I suddenly realized that I was contemplating a new kind of singularity.

Economics 130

Economics Accounting 130