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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

In an earnings call on Tuesday, UPS CFO Brian Newman reported that the company decreased compensation and benefits by $205 million in the second quarter by eliminating 2,500 managerial positions annually. At a Tuesday earnings call, Donald Bassell, CFO of ARKO, a convenience store operator, reported that personnel costs had increased 6.5%

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How to deal with cyber-attacks: publicly or privately?

Strategy Driven

Both private and public companies are compelled to comply with local, national and global disclosure regulations, including Sarbanes-Oxley (SOX), the Health Insurance Portability and Accountability Act (HIPPA), and the EU’s General Data Protection Regulation (GDPR). Regulatory environment. Make no mistake: this problem is only getting worse.

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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Authority on new technology and communication. Telisa Yancy – Chief Marketing Officer at American Family Insurance. Claire Diaz-Ortiz – Technology innovator and speaker. Divya Silbermann – Human resources leader at technology startups, including Facebook and Eventbrite. Alex Osterwalder – Co-founder Strategyzer.

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

Harvard Business Review

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. After all, it’s the CFO who typically sets expectations about growth to investors and then allocates resources to ensure their organizations deliver. ” Many did.

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The Truth About Cloud Economics

Harvard Business Review

Many people assume it's all about moving to a "pay-as-you-go" (PAYG) model and while this is certainly a big piece of it, it also involves operating versus capital expenses, subscriptions to services, and customers paying for outcomes (not technology). The good news is that these models are already familiar to most businesses.

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How Big Data Brings Marketing and Finance Together

Harvard Business Review

Consider how USAA – the nation’s 6 th largest consumer P&C insurer – has reinvented how marketing, finance and data analytics work together, starting with a first-ever partnership between the CMO, CFO and Chief Data Analytics officer. Once mostly marketing, it’s now equal parts marketing, finance and analytics.

Finance 13
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Should Companies Retain "Strategic" Cash?

Harvard Business Review

Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. As long as the CFO can stipulate that the company does not intend to repatriate the cash, it avoids the incremental tax that will be levied due to the territorial system of U.S. It can: Save Taxes.

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