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.

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. However, the lack of face-to-face interactions and having to manage people spread across […].

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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. However, the lack of face-to-face interactions and having to manage people spread across […]. Human Resource Management

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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.

7 Strategies for Reducing Operational Management Risk

Strategy Driven

Deploying an operational risk management program that does the intended job remains a challenge for many businesses today. Global commerce continues to expand and supply chains are becoming more complex. Operational risk management differentiates competitors.

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. Digital innovation is everywhere, from Big Data to risk management software, and it’s all coming to change in the way that the sector is organised and run. Finance leaders are expected to orchestrate change by closely controlling how their finance systems work alongside other parts of the business. This increased understanding could see a demand for a new type of finance team emerging.

What are the best business management courses?

Strategy Driven

This blog contains a list of programmes that preferably known to be the best business management courses for studying. Look through the business management courses you should know about! Global business. Finance. Finance. Organizational management. Finance.

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

Learn How to Manage Stress

Coaching Tip

Eighty-five percent of employees report they are losing sleep due to work-related stress , according to a survey by global talent mobility consulting firm Lee Hecht Harrison. We no longer live small lives, we are members of a fragile global economy. The first step in stress reduction is to be able to identify stress-reduction activities that work well to help us manage our stress.

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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

System 101

Global Companies Need to Adopt Agile Pricing in Emerging Markets

Harvard Business

One day in December 2014, Sergey, the Russia general manager for a multinational consumer goods company, was up early in the morning, watching the ruble’s value slide by the minute. In a survey of 77 of my company Frontier Strategy Group’s global clients, 88.3% One of our clients learned this as its business in Ukraine was facing rapid currency depreciation, and its finance department, whose ultimate priority was revenue collection, switched to USD pricing.

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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.

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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

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

Strategy Driven

CEOs and CFOs managing technology may not recognize tech debt building up in their SMBs—because it is not revealed in monthly variance reports or other accounting controls. That is patch management—a relatively straightforward process, 10 or 20 years ago.

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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

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.

Tips for Choosing Small Business Payroll Software

Strategy Driven

The world of work is changing, especially in light of the global pandemic. Your system should be able to manage a combination of regularly scheduled payments, as well as on-demand or one-time payments. Managing Your Finances business management Payroll Provider strategydriven

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.

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

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

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How to Make Your Management Process More Agile

Strategy Driven

This is unfortunate because we’re currently experiencing the biggest global upheaval of any time in history since the industrial revolution. In order to adapt to a climate charged by automation, market shifts, and globalization, companies need to evolve to meet changing priorities and conditions. It’s no longer the domain of tech companies, as industries from manufacturing to finance are entering a tech-driven phase. Take inventory management, for example.

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

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]

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

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

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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.

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The Future of Cities Depends on Innovative Financing

Harvard Business Review

The world is not short on capital — a startling $43 trillion of assets is currently under management in the United States alone. 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. The vibrant, sustainable cities of the future will be funded and delivered by creative financing arrangements that encourage collaboration.

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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.

How to Start Your Post-pandemic Financial Spring Cleaning

Strategy Driven

The financial challenges have significantly affected the personal finances of millions of people. Before starting your financial spring cleaning, take time to evaluate how the pandemic affected your family and finances.

Hiring and Managing in Turbulent Times

Harvard Business

How can today’s leaders manage this new normal? The second World War had left business slow and finances strained. Fast forward to the next global financial crisis. I was a speaker at 2008’s Fortune 500 CEO conference and listened with interest as BCG presented the findings of a study conducted in partnership with with the European Association for People Management. Leadership Managing uncertainty Digital Article

How Cloud Computing Is Changing Management

Harvard Business

Theories and practices of management often spring from the opportunities created by new technologies. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). That makes it imperative to start thinking about how management will be changed by the most impactful information technology of our time: cloud computing. yagi studio/Getty Images.

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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? Ethics Leadership Risk management LIBOR

How GE and IBM are Playing Global Development to Win

Harvard Business Review

Most big corporations follow global development trends. IBM identified a set of “Grand Challenges” facing the continent that could be addressed through superior data analytics, including water and sanitation, energy management, financial services, transportation, public safety, healthcare, and agriculture. It also demands senior management and board involvement. Global business

Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

Globalization is not what it was even a decade ago. The 20th-century version of globalization was defined by rapidly growing trade in goods, as major multinationals created supply chains that spanned the world. Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. But globalization hasn’t gone into reverse. Rethink your global footprint and organizational structures.

Global NGOs Spend More on Accounting Than Multinationals

Harvard Business Review

Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals? In that regard, NGOs find themselves facing the same issues that vexed multinational corporations as they began to master globalized operations several decades ago. The absence of efficient financial management systems reflects comparatively low spending on information technology.

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Unify Your Global Company Through a Common Language

Harvard Business Review

One of the biggest challenges facing any company in global expansion mode is how to maintain swift and sure communication. That sounds easy, but the bigger you get, the harder that is to manage. I''d need a standing army of translators to manage now, and my plan involves adding many more countries. It was purely a practical choice, drawn from my own experiences in the global marketplace. Try thinking about this in terms of your own global business efforts.

Finally, Proof That Managing for the Long Term Pays Off

Harvard Business

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. And yet we have not had the comprehensive data needed to quantify the payoff from managing for the long term — until now. By our measures, companies that were managed for the long term added nearly 12,000 more jobs on average than their peers from 2001 to 2015.

How Chinese Companies Can Develop Global Brands

Harvard Business Review

China leads all emerging markets with 89 companies on the latest Fortune Global 500 list of the world’s largest. Yet it does not have a single representative on Interbrand’s list of the top 100 global brands. A significant part of telecom equipment maker Huawei’s leap from regional player to global leader, for example, was due to its partnerships with Motorola in 2000, 3Com in 2003, and Symantec in 2008.

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Doing Well By Doing Good With Darrin Williams, CEO Southern Bancorp

N2Growth Blog

Professor Rebecca Henderson , an esteemed professor of management at Harvard Business School and a world-leading expert in reimagining capitalism, was interested in the Bank’s trajectory and purpose.

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