January 2018: What We're Reading
We’re here to help you make your business spending more strategic, intelligent, and connected. Stay up to date and on track with recent insights from business strategy experts and fintech thought leaders.
CES, one of the largest tech conferences in the world, is one of the premier places to spot the emerging technologies that deserve a place in your product plans and budgets, from convertible tablet/laptop devices to 3D printers and wireless charging.
"From a budgeting standpoint to simply knowing what’s around the corner in your industry, keeping up with enterprise tech trends is a key to staying competitive in the digital world.”
Starting with the invention of the pie chart in the late 1700s, this article explores a variety of visual tools used to depict and present financial data, with an analysis of which strategies work hardest for clear communication.
"A good graphic represents quantities accurately; makes it easy to compare them and see how they relate to one another; and makes it easy to see a ranked order of values."
How Agile Businesses Eliminate Threats Before They Strike
Charles Orton-Jones for Raconteur | @CharlesOJ
Many companies call themselves agile, but these elite players have proven they know how to move quickly to identify threats, dodge market risks, and successfully course correct to stay relevant.
"One frequent factor found in companies with a track record of agility is an overriding purpose. This North Star offers a way to navigate through the chaos."
CFOs from a diverse range of industries share their goals for 2018, detailing their plan of attack based on market conditions, macroeconomic trends, and the unique demands of their businesses.
"Overall, finance chiefs will have an abundance of ‘levers’ they can pull to influence business outcomes next year. But which ones will they use? The choice is highly dependent, of course, on the businesses they run."
The business case for diversity is clear: gender and ethnic diversity is correlated with profitability. Companies worldwide are employing inclusion strategies as a source of competitive advantage and growth.
"Our latest study of diversity in the workplace, Delivering through diversity, reaffirms the global relevance of the link between diversity—defined as a greater proportion of women and a more mixed ethnic and cultural composition in the leadership of large companies—and company financial outperformance."
Over the past five years, the FP&A function has evolved into a more strategic—less tactical—function. But do today’s finance leaders truly have the tools they need to make data-driven decisions?
"Most FP&A teams are empowered to deliver strategic value across the enterprise—perception or reality? Unfortunately, based on data obtained from over 500 companies across the globe, it appears to be much more perception than reality."
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