Time for technology? How digital can help your production office work smarter

Aspire-CS

Transport, education, finance; even relationships. The post Time for technology? Editor's Choice Event Technology Features News

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. NEX Optimisation are undergoing an ambitious project to use distributed ledger technology to provide a single source of truth regarding financial transactions.

Eric Schmidt on “Disruptive technologies”

First Friday Book Synopsis

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

New Technologies for Mobile Merchant Accounts

Women on Business

The same near field technology that allows a chip-based card to work is now being integrated into the latest generation of smartphones. Now she seeks to educate others with tips in both personal and business finance. Guest Posts TechnologyGuest Post by Ms. Bekiroglu, editorial consultant for mobilepaymentgeek.com (learn more about Ms. Bekiroglu at the end of this post).

11 Proven Ways to Turn Your Culture into a Culture of Innovation

technology) you’ll need to get up and running • Real-world stories of companies proactively making cultural changes. 09 4 10 // 19Spigit: 11 Proven Ways to Turn Your Existing Culture Into a Culture of Innovation This is where full lifecycle idea management technologies like Spigit add a.

Disrupting Finance

Harvard Business Review

Citigroup leading analyst Ronit Ghose, Lemonade Insurance founder and CEO Daniel Schreiber, and OakNorth Bank founder and CEO Rishi Khosla discuss the new possibilities that AI offers the finance industry. Those who manage to use this emerging technology to reduce friction for customers will win. Disruptive innovation Technology Managing organizations Audio

Disrupting Finance

Harvard Business Review

Citigroup leading analyst Ronit Ghose, Lemonade Insurance founder and CEO Daniel Schreiber, and OakNorth Bank founder and CEO Rishi Khosla discuss the new possibilities that AI offers the finance industry. Those who manage to use this emerging technology to reduce friction for customers will win.

Get That Business Budget Down

Strategy Driven

Technology is the main part in that, then your employees. So with technology, it’s definitely easy for it to drain your budget each month, simply because it’s harder to manage. Budget Management business finances business management managing your finances strategydriven

Quotes And Leadership Lessons From Ant-Man And The Wasp

Joseph Lalonde

Dr. Hank Pym and Hope Van Dyne had provided Scott the technology for Ant-Man. Their technology was used in an illegal manner and they were now in hiding because of Scott’s actions. He told Hope he had a buyer for their technology.

How Blockchain Is Changing Finance

Harvard Business Review

To wit, 45% of financial intermediaries , such as payment networks, stock exchanges, and money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, and only 20% and 27% for the professional services and technology sectors, respectively. First, because it’s antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. How technology is transforming transactions.

IPO 11

How to Boost Your Profits

Strategy Driven

The chances are high that they have switched to a more relationship-based model that uses technology to improve their customer experience and loyalty. America is built on the spirit of entrepreneurship.

Kaizen 114

“Goodbye Mr. Jones”: The End of the Dow as an American Index

Mills Scofield

This is taken from The Intercollegiate Finance Journal (IFJ) is an undergraduate student-run journal about how current finance, economics, business and technology issues affect students'' lives. Is the concept of national corporations and financial indices outdated? Perhaps!

Setting Up Your Small Business for Accepting Credit Card Payments

Strategy Driven

With today’s technology, not many people still carry cash on them, or at least not a large amount of it. Managing Your Finances business management Credit Card Processing Payment Gateway strategydriven

System 114

How Blockchain Applications Will Move Beyond Finance

Harvard Business Review

To understand the transformation that’s being brought about by blockchain technology, it’s useful to start with its largest implementation to date: bitcoin. How technology is transforming transactions. How Blockchain Works Here are five basic principles underlying the technology. It’s not surprising that some of the closer-to-market applications of the technology are in the financial sector.

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. Advertising Finance Marketing

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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 [.].

Maximize Tax Savings Using This One Simple Trick

Strategy Driven

Managing Your Finances business management strategydriven TaxesThe San Francisco-based tax law firm of Moskowitz LLP explains how to save big using the new aggregation rules of Section 199A.

CPA 99

When It Pays to Think Like a Finance Manager

Harvard Business Review

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think.

NPV 11

Shifting Finance from Controlling to Improving

Harvard Business Review

Yet this is exactly the challenge facing leaders of the finance function who are asked to help their organization improve the way that work is done. As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Even though when I get up and talk, because it's my role, I talk about finance, I'm always thinking about the impact on customers, quality and safety, and employees as well.".

CFO 12

Digital Growth Depends More on Business Models than Technology

Harvard Business Review

Given that those companies were all venture-financed and emerged from Silicon Valley, you might assume that the key ingredients that have ensured their success were cutting-edge technologies, digital platforms, and customer bases that were chiefly made up of digital natives.

Finance Can Be a Noble Profession (Yes, Really)

Harvard Business Review

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. I seldom, if ever, hear that apologetic tone from students choosing technology companies or consulting. I know many people who find finance intellectually rich and a source of lifelong learning.

Why Fintech Will be The End of Traditional Banking

Strategy Driven

As always, technology is having a profound effect on the world around us and the way we navigate through life. And this is the core of Fintech and why it is transforming and disrupting how we will handle our finances today and in the future. It’s a brave new world out there.

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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Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Seed-stage financing for technology start-ups fell from 16% of total annual private equity investment in 1995 to just 1% in 2002 and recovered to only 4% in 2011, according to data compiled by PriceWaterhouseCoopers and the National Venture Capital Association. The way to increase seed- and early-stage financing for physical-product start-ups is to reduce individual investors' risk by improving the quality of due diligence and spreading risk across a larger number of investors.

A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies. In the last year, however, early-stage investments in clean energy production technologies have fallen substantially (see the table at the end of this piece for more detail). Although generalist VC investors have shied away from the sector, a number of specialist clean-technology investors have emerged in the last decade.

IPO 12

How to Finance the Scale-Up of Your Company

Harvard Business Review

Fortunately for Szaky, he had already laid the groundwork of financing from suppliers, equity investors and others to allow them to double sales in two months. Most entrepreneurial ventures, whether they are startups, spinoffs, or smaller companies which have been around for awhile, haven’t given enough thought or planning to financing for rapid scale-up. Use multiple sources of finance. This saved us hundreds of thousands of dollars in financing.

All Boards Need a Technology Expert

Harvard Business Review

Like almost every other major industry today, banking relies on hugely complex, enormously expensive technology. I discovered that only one bank had a board member with some direct experience in technology and in that case it was as a sales executive. Jennifer Maravillas FOR HBR.

Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. The potential of new technology to fill the gaps in small business lending is high.

The Thought Leader Interview: Didier Lombard

First Friday Book Synopsis

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. Although this is a somewhat lengthy interview, with an extensive introduction, I think it is a “must read&# for anyone either employed by a telecommunications [.].

Build a Great Company Culture with Help from Technology

Harvard Business Review

And what happens as advances in technology constantly change how customers and employees expect to interact with your company? As a provider of cloud-based finance and HR applications designed to help companies change and grow, our customers rightly expect us to lead by example.

Peer-to-Peer Small Business Loans Beat the Big Banks On Just About Every Count (& Not Just Because They’re The Only Ones Doing Any Real Lending).

Women on Business

Another source of savings is increased efficiency through state of the art cutting edge technology and personalization: peer-to-peer lenders are one of the most innovative lenders out there, using the newest models and risk analysis algorithms to not only give borrowers the best rates but the best rates personally designed for them. Finance Guest Posts p2p small business loans peer-to-peer small business loans small business loansGuest post by Dan Azeroual.

Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. McKinsey and Bloomberg New Energy Finance have estimated that in 50 metropolitan areas worldwide, a rapid transition to advanced mobility systems could yield $600 billion in societal benefits through 2030.

Survey Data Shows That Many Companies Are Still Not Truly Agile - SPONSOR CONTENT FROM CA TECHNOLOGIES

Harvard Business Review

By Surya Panditi, SVP and GM, Agile Management, CA Technologies. It’s no use having technology that’s responsive to the business if the business can’t respond to technology and the demands coming from its customers. Businesses need agility throughout the organization, and a truly agile business needs every department—from research and development to sales and marketing, product and operations, and even HR and finance—to adopt an agile mindset.

7 Marketing Technologies Every Company Must Use

Harvard Business Review

With over 1,000 companies trying to sell some type of marketing technology in over 40 categories, it’s not surprising that the most common word that marketers use to describe themselves is “overwhelmed.” Indeed, according to my research into 351 mid-market B2B companies , except for companies in software, the adoption rate of marketing technology is very low: companies in other industries are using a median of just 2 out of 9 major marketing technology programs that I identified.

CPM 8

What Digital Change Demands of IT Organizations - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business Review

And that means buying more new technology: IT organizations must adopt new platforms and processes and integrate services in new ways. Read More from DXC Technology: Is Your Company Adapting Fast Enough to Thrive in an Increasingly Digital World? Today, as more businesses take advantage of the Internet of Things (IoT) to improve operations, the walls between IT and the operational technology organization (OT) are melting as well.

Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies. By the 1980s, Silicon Valley had surpassed Route 128 outside Boston to become the center of the technology universe. Jurgen Ziewe/Getty Images.

7 Marketing Technologies Every Company Must Use

Harvard Business Review

With over 1,000 companies trying to sell some type of marketing technology in over 40 categories, it’s not surprising that the most common word that marketers use to describe themselves is “overwhelmed.” Indeed, according to my research into 351 mid-market B2B companies , except for companies in software, the adoption rate of marketing technology is very low: companies in other industries are using a median of just 2 out of 9 major marketing technology programs that I identified.

CPM 8

Solar Is Being Held Back by Regulations, Not Technology

Harvard Business Review

Due to the drop in costs for solar technology and increases in electric utility rates , solar photovoltaic-generated electricity is now less expensive than grid electricity, and adoption is rising rapidly throughout the U.S. Even families without the up-front capital can rely on zero-money-down financing programs , like those offered by Solar City and other solar lease providers.

Disney+, Notre Dame Donations Spark a Backlash, and Mihir’s New Book!

Harvard Business Review

They then do a bonus segment about Mihir’s new book, “How Finance Works.” ” Technology Strategic planning Economics & Society Finance & Accounting AudioYoungme, Felix, and Mihir discuss the upcoming launch of Disney’s new streaming service (Disney+), as well as the backlash sparked by billionaires pledging money to repair Notre Dame Cathedral.

How to Minimize Loss of Profits

Strategy Driven

Make Use Of Technology. Using the latest technology to help complete tasks more quickly and effectively is a great way to stop losses from occurring. Managing Your Finances business management Managing Business Expenses Profit and Loss strategydriven

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3 Things Are Holding Back Your Analytics, and Technology Isn’t One of Them

Harvard Business Review

During the past decade, business analytics platforms have evolved from supporting IT and finance functions to enabling business users across the enterprise. We’ve found three main obstacles to realizing analytics’ full value, and all of them are related to people, not technology: the organization’s structure, culture, and approach to problem solving. Technology Digital Article

Leadership in Cybersecurity

N2Growth Blog

Today’s information security leaders are faced with: Technology aligned reporting structure. Security initiatives viewed primarily as technology solutions create misalignment with business requirements. Invests in security technologies that supports business objectives.

Complimentary Resource – How to Cut the Hidden Costs Out of Travel and Expense Management

Strategy Driven

by Concur Technologies, Inc. Discover how organizations are significantly cutting costs and saving time with an automated travel and expense management process in this special webinar from Concur and Business Finance Magazine.