Finance flash: the TOP-10 articles of week 16, 2020


Want to stay up to date with the latest developments in finance, but short on time? Don't worry. CFO South Africa weekly collects 10 of the most important articles from international media for your convenience.

1. A leader’s guide: Communicating with teams, stakeholders, and communities during COVID-19
COVID-19’s speed and scale breed uncertainty and emotional disruption. How organizations communicate about it can create clarity, build resilience, and catalyze positive change.

2. Finding Africa’s path: Shaping bold solutions to save lives and livelihoods in the COVID-19 crisis
The impact of COVID-19 in Africa could be devastating, unless governments, development institutions, and the private sector act with extraordinary speed and agility in the weeks ahead.

3. Leaders, Do You Have a Clear Vision for the Post-Crisis Future?
As the Covid-19 pandemic shakes the global economy and disrupts the way we live, work, and conduct business, leaders are scrambling to manage the immediate fallout. But, as history proves, it’s also necessary to prepare for what’s next. Visionary leaders like Abraham Lincoln, FDR, Winston Churchill, and Nelson Mandela didn’t simply react to the most imminent threats confronting them; they also looked beyond the dark horizon. They were guided — and guided their people in turn — by their vision for a better future, after those challenges had been overcome.

4. A Remote Work Expert's Top 4 Tips for Managers
Moe Vela, chief transparency officer at workforce-management software company TransparentBusiness and a former advisor to vice presidents Joe Biden and Al Gore, is a fervent advocate of remote work. In a webinar Monday moderated by Inc. editor-at-large Kimberly Weisul, Vela explained how business owners and managers can boost productivity and morale while leading remote teams.

5. COVID-19 risk and leadership lessons for CFOs
CFOs are focused on the battle to survive and maintain cash flow during the COVID-19 crisis. But as the effects of the outbreak continue to ripple across the global economy, finance leaders are learning valuable new ways to manage risk in the future.

6. The Shape of the COVID-19 Economic Recovery
Understandably, there is a great deal of concern about the current state of the economy and what will happen next. To outline possible responses (with the caveat that information is constantly changing and governments and markets are moving very quickly), INSEAD Professor of Economics Antonio Fatás spoke to thousands of attendees at his webinar on 9 April, as part of the INSEAD webinar series, Navigating the Turbulence of COVID-19.

7. Absa’s corporate bank CFO on addressing Africa’s coronavirus challenge
Matt Harcourt, who is also the CFO of Absa’s African regional operations, reveals in an interview how the South African banking giant is preparing for the virus.

8. Understanding risk with remuneration data
With the 2020 reporting season just around the corner, one aspect of corporate governance that continues to rear its head is remuneration. Not just directors remuneration either, organisations are now required to disclose data on other characteristics like diversity, ethnicity, age, pay and more

9. Going Concerned: Key Considerations for Financial Statement Preparers During this Pandemic
FEI Daily speaks to PwC Vice Chair, US and Mexico Assurance Leader Wes Bricker on the top things financial leaders and audit committees need to consider right now.

10. It’s Not Too Early to Prepare for the Next Pandemic
SARS in 2003, H1N1 in 2009, MERS in 2012, and now Covid-19. We don’t know when or where, but we know with 100% certainty that another deadly infection will strike. While the clear priority right now must be coping with the surging number of cases and the economic havoc that the current pandemic is wreaking, it is also time for the country to begin takings steps to minimize the pain of the next pandemic.

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