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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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Avon CEO Andrea Jung Takes Seat on Apple's Board :: Women on Business

Women on Business

Avon’s stock price was up 15% in 2007. She’s taking over the seat formerly occupied by Apple’s former CFO, John Anderson, who resigned amidst a stock options backdating scandal. Avon’s stock price was up 15% in 2007. In fact, that’s how Jung got her position on the Apple board of directors.Â

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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

The 1990s saw the rise of the strategic CFO, and more recently many companies have created a chief strategy officer (CSO) position. Such friction is destructive — and a huge missed opportunity, because the CFO and the strategy head are far more effective when they collaborate. There are two reasons for this.

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McDonald’s Has to Do More than Manipulate Its Stock Price

Harvard Business Review

The “turnaround plan” recently announced by McDonald’s includes an aggressive program to manipulatively boost its stock price via stock buybacks, an activity that has become the major focus of its corporate strategy over the past decade. ” In 2014, McDonald’s expended $3.2 The winners. Ban buybacks by U.S

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How CFOs Can Take the Long-Term View in a Short-Term Economy

Harvard Business Review

Investors are increasingly seeking firms with long-term growth strategies, rather than ones focused on managing short-term earnings to boost the stock price. This, in turn, is triggering a shift in the perceived role of the CFO — from bean counters to planters of seed corn. Redefining the CFO role.

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Competing on Service: Eleven Ways to Beat the Competition by ‘Hugging’ Your Customers

Strategy Driven

Forced to do more with much less, the small businesses that have managed to survive and even thrive during these tough times have recognized one important factor: You can’t always compete on price, but you can compete on service. You might not always be able to slash your prices lower than those of your competitors. magazine.

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How Industrial Firms Invest in Renewable Energy, Affordably

Harvard Business Review

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. They had framing conversations with the CEO and CFO early on to discuss any financial or operational challenges. While PPAs are the dominant model for financing corporate renewables, signing 15- or 20-year agreements can be tricky.

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