The Latest Headlines from CFO
In today’s acutely dynamic world, there’s an unfortunate tendency to fixate on tracking the instant increments of change, and the reasons therefor, with less consideration for long-evolving trends that may shed light on the present.
At the end of 2014 there were 62 women holding CFO posts at Fortune 500 companies, while at year-end 2015 there were 69. It may be temptingly easy to chalk up the increase to a random statistical happenstance. After all, that’s a gain of just seven positions, or 1.4%, whereas 14.6% of the 500 companies — 73 of them — switched CFOs.
Read: “Evaluating CFO Career Trends Requires Long View”
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Playboy Enterprises’ controversial move was dictated by social media realities, changing tastes in its target audience, and new business opportunities.
About two seconds after hearing last October that Playboy Enterprises planned to stop publishing photographs of nude women in its magazine, I experienced a rare moment of pristine clarity, expressed as: This is a last, futile grasp. Can you say “Dead Magazine Walking”?
Read: “For Playboy, Losing Nudity Means Winning Business”
GM’s Record Profits Don’t Impress Wall Street
“The bears argue the industry in the U.S. has peaked and is ready to roll over,” says GM’s CFO Chuck Stevens. “We don’t subscribe to that view.”
The Sooner Finance ERP Moves to the Cloud, the Better
The potential obstacles are the very reasons why CFOs should make the move in the first place, says a KPMG executive.
Trend Spotting: ERP in 2016
A prominent consultant discusses some of the top trends and issues in the ERP software arena.
Special Report: ERP’s Second Act
A new generation of enterprise resource planning systems is reducing the total cost of ownership, but can these products deliver on their promises?
U.S. Productivity Falls Sharply Lower
More workers were hired and many put in more hours, but overall they produced less, said the Labor Department.
Evaluating CFO Career Trends Requires Long View
Your ability to spot career opportunities may be limited if you’re too fixated on the present.
Credit Suisse Shares Sink After Q4 Loss
The bank also announced 4,000 job cuts.
Worldwide IT Spending to Reach $2.8T in 2019
Latin America will be the fastest-growing region with a compound annual growth rate of 4.3%, says IDC.
Danish Tax Dispute Weighs on Tempur Sealy
The mattress maker could incur ‘a level of double taxation,’ said its CFO.
CFOs on the Move: Week Ending Feb. 5
Harris, OpenTable, Allscripts Healthcare, EMC, Trusted Media Brands, Aria Systems, FreightCar America, Vince Holding, FTI Consulting, FCB Financial
Accelerating IT Planning for Revenue Recognition Changes
The myriad of industry-specific guidance made the full automation of revenue accounting too unique and complex a problem for ERP vendors to solve.
Cloud ERP Delivers Merger Value Faster
Increasingly, CFOs are choosing to leverage cloud technologies to create a more agile operational environment so they can accelerate a deal’s time-to-value.
Turning on ERP Systems Can Turn Off People
Enterprise resource planning systems, once regarded as a marvel of technology, have turned out to be anything but.
Judge Tosses Ex-Moody’s Exec’s Suit Over Ratings
The whistleblower suit alleged Moody’s issued false credit ratings on complex securities, costing the U.S. government billions.
Retail, Energy Lead Surge in U.S. Job Cuts
Employers reported 75,114 planned layoffs in January, up 218% on December and 42% on the year-ago period.
January Data Still Show Solid Labor Market
While U.S. job growth slowed to 151,000 jobs after a year-end surge, the unemployment rate fell to an eight-year low.
For Playboy, Losing Nudity Means Winning Business
Playboy Enterprises’ controversial move was dictated by social media realities, changing tastes in its target audience, and new business opportunities.
LinkedIn Shares Dive on Weak 2016 Guidance
The social network sheds $11 billion in market value as the stock suffers its sharpest drop since LinkedIn’s 2011 initial public offering.
PE Firm Invests $500 Million in Symantec
Silver Lake has a history of helping to revive technology companies that “have fallen out of favor or stalled for various reasons.”
Chinese Firm Acquires Chicago Stock Exchange
Casin Group, the first Chinese company to buy a U.S. exchange, is hoping to “bring exciting Chinese growth companies to U.S. investors.”
Merit Pay Programs Falling Short of Goals
According to a new survey of North American employers, only 20% find merit pay to be effective at driving higher levels of employee performance.
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