Subscribed to future auto finance yet?

McKinsey

Auto financing’s future will be dynamic, disruptive, and different. Here’s our perspective on the European market. Automotive & Assembly Insights

Predictive sales forecasting: Is your finance function up to code?

McKinsey

Strategy & Corporate Finance InsightsSome companies are using automation, machine learning, and advanced analytics to make the crystal ball clearer. Here’s how your company can do the same.

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Finding Virtue in the Finance Industry

Harvard Business

Economics & Society Finance & Accounting Ethics Digital ArticleYou can do well and do good.

Finance 2030: Four imperatives for the next decade

McKinsey

Over the past decade, finance departments reduced costs by almost 30 percent. The next decade’s focus: achieving even higher levels of effectiveness. Insights on Operations

Disrupting Finance

Harvard Business

Citigroup leading analyst Ronit Ghose, Lemonade Insurance founder and CEO Daniel Schreiber, and OakNorth Bank founder and CEO Rishi Khosla discuss the new possibilities that AI offers the finance industry. Those who manage to use this emerging technology to reduce friction for customers will win. Disruptive innovation Technology Managing organizations Audio

Behavioral Economics and Behavioral Finance Manifesto

Steve Shu Consulting

In this post, I want to share my thoughts on design values related to behavioral economics and behavioral finance (which going-forward in this post I’ll simply refer to as behavioral science for brevity). With that as backdrop, here’s my Behavioral Economics and Behavioral Finance Manifesto (much like I did with my Management Consulting Manifesto back in 2011 ). Behavioral Economics General Management Innovation Behavioral Finance Behavioral Science Nudge

Finance vs Strategy

Tom Spencer

A successful firm will need to pursue sound strategy and, at the same time, stay on top of its finances. Business Strategy consulting finance Management Consulting The financier cares about the next 3 months or less. The strategist cares about the next 3 years or more. The financier wants the deal to close as soon as possible so that he can earn his bonus.

Global Finance Resets

McKinsey

The decline of cross-border capital flows signals a stronger global financial system, write Susan Lund and Philipp Harle in International Monetary Fund. MGI in the News

Disrupting Finance

Harvard Business

Citigroup leading analyst Ronit Ghose, Lemonade Insurance founder and CEO Daniel Schreiber, and OakNorth Bank founder and CEO Rishi Khosla discuss the new possibilities that AI offers the finance industry. Those who manage to use this emerging technology to reduce friction for customers will win. 3392 1585 105786 110003

A Primer on Restructuring Your Company’s Finances

Harvard Business

Financial management Reorganization Finance & Accounting Business law Digital ArticleUnderstand your options, both in and out of court.

New technology, new rules: Reimagining the modern finance workforce

McKinsey

Innovations in technology and management practice are creating new opportunities for the finance function to add value to the business. Here’s how finance teams will need to evolve to make the most of them. Insights on Operations

Unlocking private-sector financing in emerging-markets infrastructure

McKinsey

Three levers can help governments and development finance institutions increase private-sector financing for infrastructure, narrowing some of the sector’s largest investment gaps. Insights on Capital Projects & Infrastructure

Taking conservation finance to scale

McKinsey

Environmental projects are woefully underfunded. Improving their risk-return profiles and structuring larger investment products could unlock private capital to narrow the gap. Our Insights

Why Finance Needs More Humanity, and Why Humanity Needs Finance

Harvard Business

Mihir Desai, professor at Harvard Business School and Harvard Law School, argues for re-humanizing finance. He says the practice of finance, with increasing quantification, has lost touch with its foundations. But he says finance can be principled, ethical, even life-affirming. Desai is the author of the new book, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return. He also writes about finance and the economy for hbr.org.

The Digital Revolution in Trade Finance

BCG

Revenues from trade finance now total approximately $50 billion a year. Simultaneously, regulation is making trade finance more costly to supply. To succeed in this challenging and uncertain environment, banks’ trade finance offerings must be agile, low cost, and valued by customers despite the growing availability and safety of alternatives to documentary trade. Part of the answer lies in the digital revolution unfolding in trade finance.

Memo to the CFO: Get in front of digital finance—or get left back

McKinsey

Companies are still in the early stages of applying digital technologies to finance processes in ways that will create more efficiencies, insights, and value over the long term. Strategy & Corporate Finance InsightsHere is how the CFO can lead the way.

Health system financing: Tips for emerging markets

McKinsey

Many countries with emerging economies are considering health system financing transformation. Five no-regrets tips can help them build a strong foundation for their future health system. Insights on Healthcare Systems & Services

Unlocking Africa’s $100 billion public-finance opportunity

McKinsey

Across Africa, public-finance transformation could deliver $100 billion a year in new revenues and savings. African governments face stagnant tax revenues and rising public debt. Yet they have wide scope to reform tax systems and improve spending efficiencies. Middle East and Africa

How are consumers feeling about their finances?

McKinsey

In many countries, consumer sentiment has improved since 2015. Consumers have become more bullish about their ability to spend. Insights on Consumer Packaged Goods

Bots, algorithms, and the future of the finance function

McKinsey

Automation and artificial intelligence are poised to reshape the finance function. Knowing what to automate and managing the disruption can lead to a new era of productivity and performance. Our Insights

Disruption in European consumer finance: Lessons from Sweden

McKinsey

Strong earnings in European consumer finance have drawn the attention of attackers, including large retailers and fintechs. To maintain their position, banks must focus on the customer and transform their operating models. Insights on Financial Services

Looking beyond finance

McKinsey

Global leaders in infrastructure development confront a multi-trillion dollar gap in investment. New analysis from MGI estimates US$69 trillion of investment will be needed between now and 2035, write Jan Mischke and Diaan-Yi Lin in The Business Times of Singapore. MGI in the News

The Brazilian experience in financing infrastructure

McKinsey

A former finance minister makes the case for openness and discusses “de-risking.”. Our Insights

The promise of digital finance

McKinsey

Digital technologies, starting with mobile phones, can rapidly fix problems encountered when savings are stored outside the financial system and foster faster, more inclusive growth, write Laura Tyson and Susan Lund in Project Syndicate. MGI in the News

Navigating risks in project finance

McKinsey

When it comes to infrastructure and capital projects, managing risks and incentives correctly can be a major enabler for opening up new funding streams and creating bankable project pipelines. McKinsey senior partner Roberto Fantoni sat down with leaders from Macquarie, Arup, HSBC Singapore, and MTR Corporation at GII 2017 to discuss the challenges at stake and the opportunities to overcome them. Our Insights

The debate over private infrastructure financing in the United States

McKinsey

Financing costs are higher, but the results are worth it. Our Insights

Car Deals: Must Be Subprime, Must Finance Through Chrysler Capital

MishTalk

The fine print is rather amusing: Must be subprime and must finance through Chrysler Capital. Reader Bian emailed an ad for huge discounts on cars. more…). Economics

What digital finance means for emerging economies

McKinsey

In emerging economies, using a smart phone to provide access to financial services, could help boost the economy, write James Manyika, and Rodger Voorhies in Fortune. MGI in the News

How Blockchain Is Changing Finance

Harvard Business

The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. Our global financial system moves trillions of dollars a day and serves billions of people. But the system is rife with problems, adding cost through fees and delays, creating friction through redundant and onerous paperwork, and opening up opportunities for fraud and crime.

How Deloitte Is Helping Companies Bring Their Finance Functions Into the Future - SPONSOR CONTENT FROM DELOITTE

Harvard Business

Finance & Accounting Sponsor ContentSponsor content from Deloitte.

China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. Most assume China can grow at 7% a year, a notion that I have challenged on many occasions. Morgan Stanley agrees. Please consider Morgan Stanley: China''s Minsky Moment is Here.

Finance and HR: The Executive Partnership That Transformed a Company

Strategy+Business

The relationship between a chief financial officer (CFO) and chief human resources officer (CHRO) can turn a company around. Between them, they control the major sources of capital available to a company: human, financial, and often information technology. One such collaboration took place at McGraw-Hill Companies starting in 2011, between CHRO John Berisford and CFO Jack Callahan.

How digital finance could boost growth in emerging economies

McKinsey

Delivering financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion to the GDP of emerging economies within a decade. Employment and Growth

Democratizing digital finance: An interview with PayPal CEO Dan Schulman

McKinsey

By working to be a better champion of its customers, PayPal has seen its transactions and customer base grow and satisfaction among employees swell. Insights on Financial Services

Speculative Financing in Technology Companies Strikes Again

MishTalk

The last bubble is seldom reblown, but what about bubbles twice removed? In what seems like a reply of 2000, … Continue reading → Economics

How CIOs and CFOs Can Transition to New Finance and Budgeting Processes That Support Innovation - SPONSOR CONTENT FROM DELOITTE

Harvard Business

Innovation Finance & Accounting Sponsor ContentSponsor content from Deloitte.

Spending reviews: A more powerful approach to ensuring value in public finances

McKinsey

Spending reviews have the potential to provide significant insight into budget allocations, enabling higher productivity and greater operational efficiency. Public Sector Insights

Michael Pettis Calls Surplus Trade Statements by German Finance Minister “Utter Lunacy”

MishTalk

A few days ago I pinged global trade expert Michael Pettis with my post Germany’s Finance Minister Blames ECB For … Continue reading → Economics

What Will It Take to Make Finance More Gender-Balanced?

Harvard Business

It is no wonder we came to fear our gender would keep us from achieving the same level of success as our male peers in finance. Because one of us (Malin) grew up in Sweden, considered to be one of the most gender-equal countries , with f amily-friendly policies that emphasize both parents’ responsibility of raising a family, we wondered whether gender equality in the finance industry in Sweden had progressed further than it had in the U.S. shutterjack/Getty Images.

How Blockchain Applications Will Move Beyond Finance

Harvard Business

See More Videos > See More Videos > The same applies to trade finance and financial assets, where companies such as Digital Asset Holdings (run by JPMorgan veteran Blythe Masters ), Blockstream, and Chain are trying to revolutionize how assets are issued and traded. To understand the transformation that’s being brought about by blockchain technology, it’s useful to start with its largest implementation to date: bitcoin.