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Google Restructures Finance Organization to Prioritize AI Investments

CEO Insider

In a memo circulated on Wednesday, Chief Financial Officer Ruth Porat unveiled Google’s plans to restructure its finance organization, signaling a strategic shift towards prioritizing investments in artificial intelligence (AI). Copyright CEOWORLD magazine 2023.

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Transforming Finance: The Role of a Financial Technology Company in the Digital Age

Strategy Driven

Finance digital transformation involves leveraging cutting-edge technologies for better operational efficiency and enhanced strategic decision-making. This can be done in various ways, including automating processes, restructuring how tasks are completed, and minimizing the amount of time employees spend on non-productive activities.

Finance 106
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What It Takes To Turn Your Failing Business Around

Strategy Driven

To get their interests and commitment back to where it was before (or even a notch higher), you must engage them fully. Perhaps, finance is an issue, and paying for their training isn’t a feasible idea. According to entrepreneur.com, 70% of business failures are primarily finance-based. How can you do that?

Finance 81
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A Shift in Leadership Can Make a Multi-Million Dollar Impact

Strategy Driven

We remained steadfastly committed to having all our staff from custodians, plumbers, and bus drivers to engineers, architects, and finance directors, trained in the culture we wanted to create and the culture we expected each of our people to honor. We then required our entire staff to attend a week-long intensive program.

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Bring Back the Organization Man

Harvard Business Review

These patterns reinforce each other: less development leads to a greater need to hire skills from the outside, and doing so reduces the need to develop internally; it also creates spillover problems for other employers for whom turnover reduces the ability to finance training. Is it time to bring back the Organization Man ?

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What Greece Has to Do Now: Fix Its Economy

Harvard Business Review

To be sure, the proposal set forth by the Greek finance minister is less detailed than that of his predecessor, and leaves some room for maneuvering, but this is a mixed blessing, as the EU, the IMF, and the ECB will need to sign off on specifics. The EU is notorious for putting off its hard decisions.

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Investors Always Come Back … Even to Argentina

Harvard Business Review

Sovereign debtors can overcome collective action problems in restructurings by including ex-ante contractual provisions in the bond documentation that make it more difficult for dissenting creditors to hold out and litigate their claims, and using ex-post negotiating strategies that encourage collective action amongst creditors.

Bond 8