article thumbnail

Research Shows That Investing In Tech Matters

The Horizons Tracker

Efficiently managing the money a company needs to run its daily operations, known as working capital, is crucial for success. This connection between good working capital management and how well a company does can be complicated. The research looked at 1,054 American manufacturing companies from 2011 to 2013.

DSO 118
article thumbnail

Leadership Matters

N2Growth Blog

In 1994 having ostensibly completed this successfully I was transferred to the mining side of the business, in iron ore, then aluminium – running the Aluminium Product Group, back to Iron Ore to run this Product Group and then in early 2013 I was promoted to Global CEO. I have been extremely fortunate to have had a very varied career.

Gordon 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Adding More Products Isn’t Always the Best Way to Grow

Harvard Business Review

Even when companies do want to expand their product offerings, internal preparation and sequencing can matter more than the innovation itself. Back in 2013, PayPal had acquired the parent company of Venmo, the mobile app that enables people to transfer money even without bank accounts.

article thumbnail

What Netflix and Starbucks Know About Cash Flow

Harvard Business Review

It can also improve working capital. According to Bloomberg Businessweek, in 2013 Starbucks made $146MM on interest investing the float, or 8% of total profit. Digital payment innovations that tap into consumers certain about their latent demand are at the heart of successful digital business models.