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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

As technology has evolved over time from main frame to client server to the Internet and now the cloud, the impact of a new Tech Debt 2.0 CEOs and CFOs managing technology may not recognize tech debt building up in their SMBs—because it is not revealed in monthly variance reports or other accounting controls.

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When It Pays to Think Like a Finance Manager

Harvard Business Review

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think. Finance & Accounting Tool.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

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What It Will Take to Fix HR

Harvard Business Review

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

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IT Doesn't Matter (to CEOs)

Harvard Business Review

For a brief period, as they were being built into the infrastructure of commerce, all these technologies opened opportunities for forward-looking companies to gain real advantages. Nor do they understand the CIO''s role or, typically, the technologies that the company deploys. IT isn''t somebody else''s job, it''s ultimately theirs.

CEO 8
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Getting Past a Career Setback: An Example and a Test

Harvard Business Review

With a background in both strategy and finance, Sheila was an up-and-coming manager at a well-known consumer products company. So, the real challenge for career success is not just how to “win” the next promotion, but also how to rebound from the next defeat , as we explain in our article in this month’s HBR. Here’s a case example.

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Overcome Your Biases and Build a Great Team

Harvard Business Review

in January 1968 as a young 22-year old with $8 in his pocket and an undergraduate degree in mechanical engineering from IIT Bombay. I had an unlikely journey to the top. Born in India, I arrived in the U.S. Thirty-one years later, I became Chairman and CEO of a global Fortune 300 company. How did this happen? I was fortunate, to be sure.

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