Lees-top 10: De gevaren van kostenbesparingen door Covid-19

1. Scorched-Earth Strategic Thinking for Covid Times
“Disrupt yourself first” is so five years ago. The new motto is “Burn your company to the ground then rebuild it.”

2. The path to true transformation
Business leaders pride themselves on their ability to pivot and course-correct in times of crisis and economic turmoil. But there isn’t a CEO or management team on earth that’s experienced the health, financial and operational headwinds that have resulted from the coronavirus pandemic. These are extraordinary times, and inevitably they have required some companies to lean into these challenges by slashing costs, reducing headcount and halting investments to conserve cash.

3. 3 morning habits that help achieve strategic impact
Morning habits and routines are a big part of how they tackle the challenges of the role. These senior executives share a raft of common habits and routines that help them achieve strategic impact throughout the rest of the day.

4. Private-Company CFO Considerations for SPAC Transactions
SPACs have recently come into vogue as seasoned investors and management teams have turned to SPACs to mitigate the increased market volatility risk of traditional IPOs.

5. Five strategies to combat toxic negativity
Negativity can have toxic effects. In fact, Christine’s research has shown over and over that we falter when exposed to negativity or rudeness. Witnessing rudeness interferes with our working memory and decreases our performance. Mere exposure to rude words reduces our ability to process and recall information. We tend to shut down, stop communicating, and cease being helpful to others. Dysfunctional and aggressive thoughts (and sometimes actions) skyrocket. Fortunately, Christine’s research also shows that there is a productive way to counter those effects. 

6. ServiceNow CFO reveals value of risk-taking
Gina Mastantuono, finance leader of the fast growth software giant, reveals in an interview how taking chances paid off on a personal and corporate level 

7. Covid Cost-Cutting May Backfire in the Long Run
The Covid crisis has left the world’s economy blanketed in uncertainty. The media provide daily reminders that businesses are suffering and that unemployment is at historic highs. If past crises are any indicator, such economic uncertainty triggers swift initial reactions. On the demand side, consumers delay large purchases and reduce discretionary expenses. On the supply side, managers draw up cost-cutting plans – and often hurriedly implement them – with the survival of their firm in mind. From a managerial perspective, the question is whether such cost-cutting is a good move, or whether it possibly could be an overreaction.

8. Breaking up the monotony of working from home
FM spoke to Marshall and Brad Shorkend, a behavioural specialist and co-chief executive of Still Human, a relevance advisory based in South Africa, which helps employers improve the employee experience, about how finance professionals can proactively break up the monotony of working from home and “arrive” at work with daily inspiration and energy during the pandemic.

9. It’s a Whole New Ballgame: Why Automation and Collaboration are the Future of Accounting
The world around us is being forced to accelerate and change. Now is not the time to go back to ‘normal’ but shift to modern practices that will lead accounting and finance into the future. Here are a few ways finance leaders can rethink their approach and challenge the status quo.

10. Finance has usurped tech among the 100 Fastest-Growing Companies
Revenue has increased by an average rate of 34%; earnings have rocketed up 161% yearly; and the total return to shareholders has averaged 71%. Those sizzling figures are good enough to place AppFolio at No. 1 on this year’s list of Fortune’s 100 Fastest-Growing Companies.