5 Tips to Manage Your Finances Before a Recession

Strategy Driven

In the global economy, there are always highs and lows. Here are five tactics to make your finances recession-proof: 1. Savings is an integral part of personal finance management. That way, your finances will remain secure due to risk diversification when a recession hits.

Kenya Is Becoming a Global Hub of FinTech Innovation

Harvard Business

Finance & Accounting Innovation Technology Digital ArticleOther countries can learn from how it’s using technology to expand financial inclusion.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Greek family businesses are more optimistic about growth in 2021 and 2022 than their global peers (new survey findings)

CEO Insider

Greek family businesses try to get over the difficulties that the Covid-19 pandemic has created by setting priorities similar to their global peers.

How Blockchain Is Changing Finance

Harvard Business

Our global financial system moves trillions of dollars a day and serves billions of people. A vast, globally distributed ledger running on millions of devices, it is capable of recording anything of value. Blockchain changes the equation by enabling companies of any size to raise money in a peer-to-peer way, through global distributed share offerings. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance.

How Digital Process Innovation Can Influence Organisational Change In The Finance Sector

Strategy Driven

The finance sector as we know it is being transformed by new technology. Finance leaders are expected to orchestrate change by closely controlling how their finance systems work alongside other parts of the business. The concept is simple – the finance sector needs to be able to deliver insight and risk analysis around the world, which could see them becoming integrators of information in as little as three years.

How Blockchain Applications Will Move Beyond Finance

Harvard Business

But bitcoin has been extremely successful at solving the problem it was designed for: allowing a global network to securely transact and exchange value without the need for a costly intermediary. Visa and MasterCard are both exploring uses for similar technology to improve the way they process payments, while Ripple is lowering the cost of transactions between banks and other financial institutions through its global settlement network.

Global Ocean Trust: Protecting the Blue Planet in New Ways

Harvard Business

Following a successful career in finance, Torsten Thiele has devoted himself full-time to the challenging cause of ocean conservation and stewardship. Social responsibility Sustainability Finance & Accounting Audio

The Globalization Backlash Is Reverberating Through Boardrooms

Harvard Business

Evidence of de-globalization — think Brexit and other attacks on international interdependence — is everywhere. Boards of directors of global corporations will increasingly face strategic choices and capital allocation decisions framed by mounting geo-political risks. As a practical matter, for example, these changes in the global policy regime are forcing multinational corporations to scale back and sell parts of their international operations.

Finance Can Be a Noble Profession (Yes, Really)

Harvard Business

When I ask students graduating from Harvard Business School what they’re doing next, I often get some version of “I’m going into finance but…” Then they quickly explain that finance is just a way station on the route to nobler goals. Recently, I asked a few students how people react to their choice to go into finance, and I was greeted with nervous laughter. The usual reactions to misbehavior in finance are outrage or regulation.

Eric Schmidt on “Disruptive technologies”

First Friday Book Synopsis

Later this month the McKinsey Global Institute will publish an assessment of the probable economic impact of disruptive […]. McKinsey & Company has just launched a new series of video interview programs with high-tech experts. In the first, Eric Schmidt explores the technologies likely to have the greatest disruptive impact on economies, business models, and people.

In a Pandemic, What’s the Best Strategy for the Global Vaccine Alliance?

Harvard Business

How experimentation, judicious risk taking, and entrepreneurship in finance and capital markets could lead to a Covid-19 vaccine. Experimentation Crisis management Product development Audio

Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business

In a survey of 77 of my company Frontier Strategy Group’s global clients, 88.3% Pricing decisions tend to be made in regional or global headquarters in order to achieve global or at least regional consistency, but this can undermine business objectives when they do not consider local economic conditions and the prices offered by competitors. Pricing Emerging markets Global strategy Currency Digital Article

Price 47

The Extended Manager’s Guide for Managing Remote Teams

Chart Your Course

Remote working has opened up a global talent pool for businesses around the world. The benefits are robust in terms of finances, time, and productivity. Technology has made it possible to have virtual workplaces, eliminating the need for renting a physical office.

Global Demand for Food Is Rising. Can We Meet It?

Harvard Business

Over the last century, the global population has quadrupled. This growth, along with rising incomes in developing countries (which cause dietary changes such as eating more protein and meat) are driving up global food demand. There is strong academic consensus that climate change–driven water scarcity, rising global temperatures, and extreme weather will have severe long-term effects on crop yields. In 1915, there were 1.8 billion people in the world.

Managing Remote Teams

Chart Your Course

Remote working has opened up a global talent pool for businesses around the world. The benefits are robust in terms of finances, time, and productivity. Technology has made it possible to have virtual workplaces, eliminating the need for renting a physical office.

Team 130

Peak Globalization

Harvard Business Review

In an uncanny fashion, the beginning of this century mirrors that of the last — the speed, scale, and disruption of globalization is generating a strong nationalist backlash. We, in fact, are living in an era of Peak Globalization as the costs and benefits of globalization begin to diverge according to country, class, and constituency. The centrifugal forces drawing nations toward globalization are giving way to centripetal forces pulling them away from it.

What Are the Benefits of Electronic Payment Systems for Business?

Strategy Driven

An electronic payment system is a globally popular payment technique due to the continuous usage of internet-based activities like baking, shopping, etc. In the globalized world where technology is constantly evolving and developing, around 3.8

How Big Data Brings Marketing and Finance Together

Harvard Business Review

Rajamannar involved finance early. To spearhead analytic efforts, he assigned a finance person – who was already embedded in marketing – to create an ROI evaluation framework and integrated her deeper into the marketing function. While marketing might focus on maximizing card transactions, or swipes, finance understands that not all swipes are equal (depending on the deal with a given bank). Once mostly marketing, it’s now equal parts marketing, finance and analytics.

ROI 12

How Banks Should Finance the Social Sector

Harvard Business Review

If financing is offered by a bank, the terms are often too onerous. As a result, charities and social enterprises do not have the cushion of external financing to manage their various capital requirements. Internally, this approach requires recruiting skilled financial analysts with great people skills, since one hour they may be meeting a small community group and the next they may be structuring a corporate finance-type deal. Finance Social enterprise SRI

HP Headed to Hotel California?

Women on Business

business development Businesswomen Bloggers Businesswomen Profiles decision-making Female Entrepreneurs Female Executives female executives Finance Global Perspectives Human Resources Issues International Business Leadership Management public relations Strategy Technology Uncategorized Women On Business Women On Business News Women On Business Roundtable

Hotels 133

Global Entrepreneurs Need New Funding Models

Harvard Business Review

Entrepreneurship seems to have become the silver bullet for a job-scarce, unemployment-saddled global economy still struggling to shake off recession. In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]

Easy Ways To Raise Capital For Your New Venture

Strategy Driven

According to the Global Entrepreneurship Monitor , 5% of US adults have invested in a company started by someone they know. Managing Your Finances Angel Investor business management crowdfunding strategydriven Venture Capital

Financial Fears, Flows, and Globalization

Harvard Business Review

As readers of this blog already know, markets are far less integrated internationally than popular views of globalization presume. Our current problems stem, in part, from the special characteristics of finance, which as Keynes noted , is highly dependent on sentiment and, as Hyman Minsky emphasized , therefore particularly susceptible to crises. Economy Finance Global business

GDP 15

A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Solyndra's example has been particularly stark: it raised over $1 billion in equity finance in addition to receiving a $535 million loan guarantee from the Department of Energy, all prior to a cancelled IPO and the recent FBI investigation upon its bankruptcy. Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies.

IPO 17

When a CFO’s “Head In The Cloud” Is a Good Thing

N2Growth Blog

Even though many are still behind the curve, there has been a considerable technological evolution of finance function. Going global has broadened the playing field, and CFOs have to be aware of all risks facing the company.

CFO 273

Why Business Owners Should Detatch From Banks

Strategy Driven

As global debt mounts up, banks will be more inclined to pinch their purse strings and that in turn means, being more aggressive in their actions towards business loan recipients. Managing Your Finances business investment Business Loans business management strategydriven

Why P2P Lending Makes Complete Sense for Startups

Strategy Driven

percent, despite the global pandemic crisis. Here’s why P2P lending is an ideal business financing option for startups and SMEs. Lenders needn’t support 100 percent of the financing; rather, it is pooled by many lenders. Hence, startups looking to reduce their business costs can benefit from this type of financing. Managing Your Finances business management crowdfunding Peer to Peer Lending strategydriven

CAGR 54

Four Innovative Initiatives to Attract and Retain Diverse Women

First Friday Book Synopsis

Here is an article written by Tina Vasquez (Los Angeles) for The Glass Hammer, an online community designed for women executives in financial services, law and business. Visit us daily to discover issues that matter, share experiences, and plan networking, your career and your life.” What makes this article especially valuable is the wealth of [.].

12 Ways To Save Money While Running Your Business

Strategy Driven

This is almost a free way to advertise your business to a global audience. It has negatively impacted the global economy to some extent. For businesses whose finances have been hit hard by the pandemic, laying off workers may be an idea worth considering.

35 Under 35: Stephanie Niven (Javelin Capital)

First Friday Book Synopsis

Bob's blog entries 35 Under 35: Stephanie Niven Cleo Thompson From Water Polo to Emerging Markets Global Active Equity Team Goldman Sachs established Javelin Capital in 2009 Javelin Capital Management Today’s 35 Women Under 35 Marion King Oxford University The Gender Blog The Glass Hammer the importance of sponsorship Victor Pina VocaLink Young Professional of the Year at the Women in Banking and Finance (WIBF) 2011 Awards

The Future of Cities Depends on Innovative Financing

Harvard Business Review

In traditional financing models, it’s just not possible for investors to see their way to a financial return based on some abstract added value of the integrated whole. Investors and entrepreneurs interested in pay-for-success financing would be more interested in questions such as, “On a sliding scale of social impact, what do we get in addition to tariff revenue if together we reduce road congestion by 10% or increase uptime for electricity in an urban area by 50%?”

Bond 12

7 Interesting Reasons to Invest In Platinum Today

Strategy Driven

Because of platinum’s unique characteristics and the growing demand in the global market due to its versatility, it makes sense that this should be a solid investment. It is also readily used in transport applications to lessen global warming and exhaust waste to a much greater degree.

Price 79

Tips for Choosing Small Business Payroll Software

Strategy Driven

The world of work is changing, especially in light of the global pandemic. Managing Your Finances business management Payroll Provider strategydrivenEvery successful small business owner or entrepreneur reaches a point where they can’t juggle everything on their own.

Shortlist Announced for Financial Times and Goldman Sachs “Business Book of the Year” Award

First Friday Book Synopsis

Thursday September 15th, 2011: The Financial Times and Goldman Sachs today announced the shortlist for the seventh annual Financial Times and Goldman Sachs Business Book of the Year Award (www.ft.com/bookaward), which aims to identify the book providing the most compelling and enjoyable insight into modern business issues. The shortlist is: [.].

How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

A senior global business and technology executive with more than 25 years of experience in IT, finance, operations management, and change leadership, he lives in Mason, Ohio. Managing Your Finances business management CTO IT network Network Security strategydriven

CTO 70

The Thought Leader Interview: Didier Lombard

First Friday Book Synopsis

Bob's blog entries : The Thought Leader Interview: Didier Lombard A formidable transformation is taking place in the global telecommunications industry Art Kleiner “data tsunami” Booz & Company Cisco Systems Inc. Here is another outstanding interview of Didier Lombard from a series featured by strategy+business magazine, published by Booz & Comany. The interview was conducted by Art Kleiner and Pierre Péladeau.

The Global Rise of Female Entrepreneurs

Harvard Business Review

Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike. While aggregated data is often challenging to find, the recent Global Entrepreneurship Monitor (GEM) found 126 million women starting or running businesses, and 98 million operating established (over three and a half years) businesses. Entrepreneurship Gender Global business

Empowerment Principles For Women Entrepreneurs

Women on Business

This was proven by the amazing Global Initiative that took place in 2010 by the United Nations and understanding the impact women have in the global marketplace. “The Women’s Empowerment Principles seek to point the way to best practice by elaborating the gender dimension of good corporate citizenship, the UN Global Compact , and business’ role in sustainable development. Global Perspectives Women Business Owners

M&A Without Buying the Company

N2Growth Blog

Other companies are in need of cash and are willing to sell certain contracts as a financing vehicle. Real Estate : While there are certainly exceptions to every rule, we are in the midst of the worst global real estate market in recent history. Financing - M&A Operations & Strategy Acquisitions Creative Acquisitions M&A Mergers mergers and acquisitions Mike Myatt N2growthBy Mike Myatt , Chief Strategy Officer, N2growth.

Billionaire’s Home Office Behind Williams F1 Acquisition

CEO Insider

Global finance is being transformed as billionaires get richer and cut out the middlemen by creating their own “family offices”, personal investment firms that roam global markets looking for opportunities.

Why Europe Tops 2015’s List of Global Risks

Harvard Business Review

In 2014, global political volatility reached an intensity not seen since the end of the Cold War. Taken together, what do they mean for global businesses? And because Europe is the world’s largest single common market, all of this redounds very negatively to the global scene. Also, low oil prices – these are generally an enormous good for the world, helpful for global consumers. The “weaponization of finance” is also high on your list.

Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

These sectoral scandals raise profound issues for business leaders: in a highly competitive global economy, in which some sectors are flooded with money, how do you assess sector-wide integrity risks and achieve a culture of corporate accountability before , not after, bad behavior occurs?

End-of-the-Year Tax Tips for Last Minute Savings

Women on Business

Here’s to stronger 2012 as entrepreneurs worldwide gain more experience navigating the new global economy! Still an active writer in the business and financial investing fields, Perry began her writing career at the Cincinnati Enquirer as a Personal Finance and Business reporter. Finance Guest Posts end of year tax tips tax tipsGuest Post by Perry Sheraw (learn more about Perry at the end of this post).

Tips 142