A Blueprint for Digital Companies’ Financial Reporting

Harvard Business

In a follow up HBR article , we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks and distilled seven key insights from those discussions. Currently, firms’ first report net profits and then back out many of these one-time items to present a non-GAAP (Generally Accepted Accounting Principles) profit number. Finance & Accounting Financial markets Technology Digital Article

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Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business

As technology continues to change and challenge even the most successful incumbent organizations in every industry, the cost of inertia is growing. According to our research at the SEI Center for Advanced Studies in Management , it’s the beliefs of leaders that drive organizational investments, board selection, and management team development and selection, and these beliefs do not change quickly. Growth strategy Budgeting Information & technology Digital Article

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How B2B Software Vendors Can Help Their Customers Benchmark

Harvard Business

Those analyses rely on publicly available data sources, but software providers have accumulated growing amounts of private data on almost every aspect of their customers’ technology, operations, people, and strategies. It is even possible to hold up the data mirror to individual technology users. Imagine if all manufacturers had, for example, a supply chain efficiency score, or all companies had a leadership development score. Market research Technology Digital Articl

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. As digital technology becomes more pervasive, more and more companies will present this sort of valuation challenge.

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The Dangers of Digital Protectionism

Harvard Business

The draft bill has generated much debate, including some concern from global technology giants as well as Nasscom, India’s IT industry body. These solutions lie at the intersection of technology development by companies and policy formulation by governments. Fifth, in contexts where digital trade agreements do not exist and are unlikely in the foreseeable future, develop nonbinding norms and principles, leaving implementation to national governments.

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GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business

New workers embarking on their careers are finding that their education is incomplete in many areas essential to our technology-driven lives today. While all of these are contributing factors, the major factor, in our view, is the deflationary effect of technology, which our measurement systems fail to account for. Gross Domestic Product (GDP), our core measure of prosperity, was developed during the industrial age. HBR STAFF.

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