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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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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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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Tammy Erickson – McKinsey award-winning author. Darek Lenart – Senior VP HR, Finance MasterCard. Facebook’s first HR hire, she has led global people programs, been an HR Business Partner, and CFO. His vast experience from serving on the Committees of Finance, Judiciary, Education, and Rules.

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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business Review

Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. The current innovation model in the finance sector is designed to generate the highest possible short-term returns. Insight Center. Crossing the Digital Divide.

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What If Google Had a Hedge Fund?

Harvard Business Review

That's as true for a Walmart or a JCPenney as it is for a McKinsey & Co. Every CEO, CMO, CFO, and business unit leader should ask themselves these questions: If I decided to launch a hedge fund based solely on the data our business generates, what kind of financial opportunities immediately suggest themselves?

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How Digital Leaders Get the Right Work Done - SPONSOR CONTENT FROM WORKFRONT

Harvard Business Review

Well, Angelia, according to a recent study by McKinsey, over $1.3 If you or I were the CFO of a manufacturing company, and we were in a board meeting, and the board asked, “What is your manufacture and capacity utilization?” What do you mean by that term? What’s behind it? Alex Shootman, Workfront.