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Why Financial Statements Don’t Work for Digital Companies

Harvard Business Review

Twitter reported a loss of $79 million before its IPO, yet it commanded a valuation of $24 billion on its IPO date in 2013. In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions.

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What It Will Take to Fix HR

Harvard Business Review

Break up a strategic function in response to underperformance in the wake of severe market disruptions? What would the capital markets look like today if a similar tack had been taken when the CFO role was ripe for transformation? Success demands a far more diverse set of experiences and skills.

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