Lees-top 10: Wat CFO’s kunnen doen aan diversiteit

De finance top 10 van week 48 met o.a. Blue Ocean strategie in een post-Covid wereld.

1. Overcoming pandemic fatigue: How to reenergize organizations for the long run
Leaders must actively manage the energy of their workforces, cultivate the quality of employee relationships, and demonstrate a capacity for resilience to recharge their organizations during crises.

2. Jeff Bezos Says There Are 2 Kinds of Failure and You Should Only Tolerate 1
When you should celebrate failure and when you should feel bad about it, according to the Amazon boss.

3. How to Be a Blue Ocean Strategist in the Post-Pandemic World
As the Covid-19 pandemic continues to evolve, managers around the world are bracing for new challenges ahead. Many of them wonder whether the strategic approaches that proved to be successful in the past will still apply to changed business realities in a post-pandemic world.

4. What CFOs Can Do About Diversity
I’m not going to rehash the economic benefits a company accrues by employing progressive diversity policies. The benefits are clear. Companies that promote diversity do better financially than those that do not. If this fact is obvious, why is there such a shortage of diversity in the finance function, and what can a CFO do about it?

5. Measuring purpose and value: The Mutual Value Measurement framework
Traditional accounting numbers and metrics don’t always tell the full story when it comes to relaying the value organisations are creating for all stakeholders. This is even more so for cooperatives and mutual enterprises (CMEs) because they carry out activities not just for revenues and profits but also to fulfil social purposes.

6. When will the COVID-19 pandemic end?
Our November 23 update takes on the questions raised by recent news: When will vaccines be available? And is the end of COVID-19 nearer?

7. 7 Ways to Thank People in Your Network
Andy Mills, former chairman on Thomson Financial, and a mentor of mine, keeps a “gift notebook” in which he writes down little observations or things he hears from the people closest to him. When his wife’s birthday or son’s graduation is coming up and he needs a gift, he turns to the book. When you make keen observations, note them somewhere.

8. Taking stock of inventory calculations in Excel
If there is one area of financial modelling that confuses people, it’s inventory. To lift some of this fog, this article shows how to calculate movements in inventory and associated costs of goods sold (COGS) in a simple financial model so that financial statements will reconcile.

9. Lack of digitisation holds back finance
A third (34 percent) of finance leaders say their teams continue to rely on manual expense and invoice processes even though they are “hugely time-consuming and archaic”, according to a survey by Financial Director.

10. You too can be a great innovator, if you just learn to work with this
A researcher and entrepreneur says that innovators are much more comfortable making decisions under conditions of uncertainty than the average person. You too can be a great innovator, if you just learn to work with this.