How Feasible Are Your Strategic Objectives?

Every organization sets out its goals and objectives, to accomplish its mission and vision. The two often seem like two interchangeable phrases but there is a distinction.

A goal is a desired result you want to achieve and is typically broad and vague. An objective, on the other hand, defines the specific, measurable actions each employee must take to achieve the overall goal.

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Working Capital and Creating a Culture That Respects Cash

Many companies do not give the right amount of attention to working capital management.

Most financial managers believe that developing a fundraising strategy based on an optimal capital structure following classical economic parameters is sufficient. The truth is these executives do not:

  • implement metrics focused on working capital,
  • employ the controls necessary for effective working capital management,
  • or build a real culture of “cash” among the different departments of the company.

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Selling to a SPAC. A primer for CFOs.

Guest Contributor, Matt Kemp

Prior to 2020, the term SPAC was a seldom-used, rarely mentioned financial instrument that even the most seasoned professional investors had never run into. However, last year this unique financing vehicle exploded onto the scene and has become a mainstay of CNBC daytime debriefs and Nasdaq social media announcements. Let’s explore the SPAC and learn why a CFO of a privately-held company should understand its purpose.

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The Finance Function of the Future

McKinsey has published an interesting piece that merits the attention of finance leaders and professionals.

Their Finance 2030: Four Imperatives for the Next Decade1 include:

  1. Look beyond transactional activities
  2. Help finance lead in data
  3. Improve decision-making
  4. Reimagine the finance operating model with new capabilities

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