Finance flash: the TOP-10 articles of week 14, 2019
Want to keep up to date with the latest developments in finance, but you are short of time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.
1. Improving FP&A accuracy
Expanding financial modelling capabilities, using more rolling forecasts, and finding top-notch talent are steps companies can take to sharpen FP&A.
2. Elon Musk and Netflix Both Use This Ancient Mental Strategy and It's Pure Genius
It may be the 21st century, but many successful CEOs and business leaders look to 350 BC for this kind of guidance.
3. Advanced Technologies Are Taking Over Finance
Research shows that finance departments are deploying the latest cutting-edge tools at a startlingly increasing pace.
4. If Agile Isn’t Working, Don’t Blame Your Team (Right Away)
Agile’s short iterations and steady deadlines can instil a sense of urgency, boosting team productivity. But while schedule pressure creates discipline, it is important to find the sweet spot between laissez-faire and burnout. Iterations that are shorter than necessary end up hurting project management performance. The best Agile software development projects weigh the trade-offs by gathering data instead of falling for illusions of control.
5. 5 Commonly Asked Questions from CEOs for CFOs – and How to Answer Them
In my 20+ years of finance, I’ve experienced my share of tough meetings, and I also hear regularly from other financial executives on their own experiences. Regardless of industry, there’s a very clear set of questions CEOs tend to ask their CFOs.
6. Exclusive: Google asked 5,600 employees about remote work. This is what they learned
Working remotely can be really tough. To get some insight into how to do it better, Google conducted a two-year study involving data from 5,600 employees across the US, Asia, Europe, the Middle East, and Africa.
7. IFRS 17: Forcing the pace to adapt and lead in the digital age
Major change is inevitable if insurers are to stay competitive, says Colin Forrest, regional leader for Europe, Middle East and Africa of Willis Towers Watson’s Insurance Consulting and Technology business.
8. Hard Evidence the CFO Role Is Getting Tougher?
Analysis suggests aspiring CFOs should make lateral moves outside of finance to get the broad experience companies are seeking today.
9. Ways to Help Your Team Be Open to Change
More than 90% of CEOs believe their companies will change more in the next five years than they did in the last five. Having a workforce that’s ready and able to harness that change will make the difference between success and failure.
10. Lease accounting tips for public and private companies
Many public companies are not finished implementing FASB’s new lease accounting standard, and one-third of private companies say they are unprepared to comply with the new standard, according to a new survey.