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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 a previous HBR article , we argued that, in contrast to physical assets that depreciate with use, intangible assets might enhance with use. For the next four years, it continued to report losses.

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What It Will Take to Fix HR

Harvard Business Review

Nearly 40 percent of the 312 CFOs and other executives participating in Deloitte’s 2013 Global Finance Talent Survey said they are either “barely able” or “unable” to meet the demand for the talent required to run their organizations. Success demands a far more diverse set of experiences and skills.

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