Finance and HR: The Executive Partnership That Transformed a Company

Strategy+Business

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

What Digital Change Demands of IT Organizations - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

And that means buying more new technology: IT organizations must adopt new platforms and processes and integrate services in new ways. Read More from DXC Technology: Is Your Company Adapting Fast Enough to Thrive in an Increasingly Digital World? In the past, IT just provided direct services to the operating groups, according to Chief Information Officer Hector Calva. Ross, principal research scientist at the MIT Center for Information Systems Research (CISR).

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Could Open-Source Code Make Our Y2K Fears Finally Come True?

Harvard Business

Open Collective is providing resources to aggregate the needs of groups of open-source projects to assist in financing, resourcing, and maintenance. Information & technology Technology Digital ArticleAlmost 20 years have passed since the corporate world woke up to long-term problems in computer code, which became known as Y2K.

Bad Data Costs the U.S. $3 Trillion Per Year

Harvard Business

” Senior executives hedge their plans because they don’t trust the numbers from finance. No reasonably well-informed external customer would pay more for these steps. Data Information & technology Operations Digital ArticleConsider this figure: $136 billion per year. That’s the research firm IDC’s estimate of the size of the big data market, worldwide, in 2016. This figure should surprise no one with an interest in big data.

Data 31

Data Quality Should Be Everyone’s Job

Harvard Business

Data managers and scientists of all sorts (not just data scientists) are obvious candidates, as are people who work in finance, planning, logistics, customer service, and the back office of most companies. I’d recommend that provocateurs get over these concerns by keeping bosses informed, accepting help from others, and sharing credit for success. Data Information & technology Digital ArticleAll of us depend on data created elsewhere to do our work.

Data 29

Data Breaches Aren’t Just an IT Issue - SPONSOR CONTENT FROM VERIZON

Harvard Business

And you probably won’t even know you’ve been affected until it’s too late to prevent significant damage to your company’s finances, operations, and reputation. Over the past decade, the Verizon Data Breach Investigations Report (DBIR) has become the leading global source of information about the world of cybercrime and security breaches. Physical theft and loss : Laptops, USB drives, printed papers, and other information assets that are stolen or disappear.

What is consulting?

Tom Spencer

This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. Finance, HR, Supply Chain, ICT, Legal).

Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies. By the 1980s, Silicon Valley had surpassed Route 128 outside Boston to become the center of the technology universe. Jurgen Ziewe/Getty Images.

Top 10 Consulting Firms In New York

Management Consulted

If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in New York, here is what we have for you. In the New York office, the industries McKinsey caters to are financial services, health care services, advanced electronics, aerospace and defense, and TMT (technology, media and telecommunications).

Job Hub: Intuit Jobs and Culture

Management Consulted

Intuit is a financial software and information technology company that has spent an impressive 13 years on Fortune’s list of the Best Companies To Work For by pledging to “Simplify the Business of Life!” 28% of Management Consultants Pursue Finance. Today we highlight business analyst and post-consulting leadership jobs at Intuit.

Oliver Wyman interview preparation: the inside story

Management Consulted

Communications, Media, and Technology. And, of course, their claim to fame, Financial Services , is broken down into even more practices including: Finance and Risk. Corporate and Finance and Advisory. Strategic Information Technology and Operations. Operations and Technology - brings market-leading IT organization design and economics management as well as Lean Six Sigma and sourcing to improve profit and business performance.

The Brattle Group Interviews and Culture

Management Consulted

The Brattle Group is now considered one of the European Union’s top consulting firms in the areas of energy, finance and competition. In 2013, the New York office was established, providing a home base in one the most important finance and legal markets in the world. Each of these leaders hold advanced degrees in economics, engineering, finance, management from top universities around the world. Regulatory finance. Massachusetts Institute of Technology.

IBM Consulting Interviews: Navigating the IBM GBS Maze

Management Consulted

It should be no surprise since they have been the birthplace of many technological advances, were one of the founders of the entire personal computer industrial revolution, and now are leaders in new software platforms, hardware infrastructure and workplace equality. These services focused on business management and information technology. In 2002, many large accounting firms were selling off their management and technology consulting segments. Finance Risk.

The importance of human relationships in the modern world

Tom Spencer

I spend a large chunk of my daily life attached to technology. Before the day has even begun technology has penetrated its way into my conscious thought. I would imagine that many of you find a similar beginning to the day, perhaps with less lions, but likely with the same bombardment of trivial information. Your appointments, communications, and the general organisation of your daily life are likely delegated to you by a small rectangular beacon of information.

Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

MishTalk

The chances are that the global economy, weighted by nominal GDP at current exchange rates, will grow at 2 percent Globalization, turbo-powered by information technology, has cut short the feedback loop between demand stimulus and supply response. Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere.

KPMG Consulting Interviews and Culture

Management Consulted

In the mid 1970s, as public opinion swayed toward greater accountability for the finance industry, Peat Marwick took steps to firm up controls on its accounting practice and increase transparency. In March 1992, KPMG began to reorganize itself, choosing six lines of business: financial services; government; health care & life sciences; information & communications; manufacturing, retailing, & distribution; and special markets & designated services. KPMG CONSULTING.

FTI Consulting Interviews and Culture

Management Consulted

Originally founded in 1982 by Dan Luczak as “Forensic Technologies International Ltd., Luczak pioneered solutions at the intersection of law, communications and technology that affected not only the cases he was involved in, but the industry itself. 2000: FTI provided trial graphics and courtroom presentation technology for the highly publicized Bush vs. Gore case to resolve presidential election results. Litigation technology. Corporate Finance/Restructuring.

A.T. Kearney Interview & Culture

Management Consulted

Kearney becomes a wholly owned subsidiary of EDS in September, nearly doubling in size and vastly expanding its industry expertise and information technology capabilities. Their focus is on: structure and governance, processes, technology enablement, resource configuration and capabilities and culture. Their aim is to help companies harness the wide reach and impact of technology to deliver business value. Technology. KEARNEY INTERVIEW AND CULTURE.

In Search of the Magic Wand: Career Change at Age 45 Possible?

MishTalk

From information technology (IT), to banking, to writing, to market analysis, to dog catching, corporations will want experience. In banking or finance (if not everything), my honest assessment is that someone would look at your age and experience and pass you over for someone younger, someone with more experience, or both. Reader Mark has a career question. Mark writes. Hi Mish: I am 45 years old. I have worked in the grocery business for 20 years.

BearingPoint Interview Preparation – Mystery or History?

Management Consulted

However, today BearingPoint is emerging as a player in the operations and technology scene, especially in Europe, and has re-established an impressive growth trajectory. This consulting business unit focused on both technology and management. BearingPoint quickly became one of the world’s largest management and technology consulting firms with operations in more than 60 countries and employing more than 17,000 employees worldwide. Finance. Information Technology.

French Hypocrisy at Its Finest: France Broadens Its Surveillance Power; "Susie Did It Too!"

MishTalk

The measures, given final parliamentary approval by the senate on Tuesday night, extend authority to gather digital information, previously limited to intelligence agencies, to the defense, interior, finance and budget ministries. The information can be demanded without the prior approval of a judge, as previously required but there will be post-facto monitoring by national oversight bodies.

List of strategy consulting firms in Hong Kong

Tom Spencer

Accenture is a global management consulting, technology services and outsourcing company. Applied Value offers strategy, finance, and operations management services. Services offered include: complexity management, enterprise transformation, operations, procurement solutions, strategic information technology, strategy and sustainability. 30/F, One International Finance Centre. IMS is the leading provider of information services for the healthcare industry.

Strategy and general business consulting firms in Australia

Tom Spencer

Nous service lines include business strategy, public policy, leadership & people development, organisational capability, and information management & technology. Accenture offers management consulting services covering finance & performance management, talent & organisation performance, strategy, customer relationship management, and supply chain management. The consulting practice offers HR, outsourcing, strategy & operations, and technology consulting.

How Cloud Computing Is Changing Management

Harvard Business

Theories and practices of management often spring from the opportunities created by new technologies. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). That makes it imperative to start thinking about how management will be changed by the most impactful information technology of our time: cloud computing. yagi studio/Getty Images.

Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. Goldman estimates the 2 trillion yuan in lending by trusts last year accounted for 10 percent of financing in the economy and a removal of credit flows from trusts would knock 0.8 Technology, Education, Medical Expenses Competition in electronics, computers, and even computer storage is intense.

AI Adds a New Layer to Cyber Risk

Harvard Business

While both technologies refer to the same process, there is a slight nuance to each. To be specific, cognitive uses a suite of many technologies that are designed to augment the cognitive capabilities of a human mind. From self-driving cars to drones to automated business operations, this technology has the potential to enhance productivity, direct human talent on critical issues, accelerate innovation, and lower operating costs. Technology Digital Article

Who Killed the GE Model?

Harvard Business

The model was honed by Jack Welch in the 1980s and 1990s, with new portfolio restructuring strategies and a headlong expansion into finance. Second, that GE had a technology advantage in complex industries, and that its technologies could be shared across its businesses. The diffusion of manufacturing technology through global trade, investment, and education has hurt the company, too. Silicon Valley and the rise of information technology.

Some Companies Are Banning Email and Getting More Done

Harvard Business

In fact, that exact conclusion is one that Thierry Breton, CEO of the France-based information technology services firm Atos Origin, arrived at several years ago. ” That statement seems surprising coming from the CEO of a technology company employing over 70,000 people in more than forty offices around the world. He’s a middle-aged former minister of finance for France and a former professor at Harvard Business School. HBR STAFF.

Paying Skilled Workers More Would Create More Skilled Workers

Harvard Business

Nevertheless, few would argue that information technology permanently increased unemployment. The labor force adjusted to a new technology replacing an older one. When computers made their way into workplaces, in the 1980s, typists had a problem. As computers replaced traditional typewriters, the skills of typists who did not know how to work with a word processor grew obsolete.

Fighting Chronic Disease Starts with Better Pediatric Care

Harvard Business

This means that all the providers a patient sees — from birth into adulthood, in and outside of the hospital, from state to state, and at school, and in the doctor’s or therapist’s office — must communicate and share information simply and efficiently. Health information and other technology. Technologies hold promise for remote monitoring and intervention. Financing. Lauri Rotko/Folio Images/Getty Images.

6 Reasons Salespeople Win or Lose a Sale

Harvard Business

The fashion and finance verticals had the highest propensity to select the best-known, top-of-the-line product, while manufacturing and health care had the lowest. #4: From a departmental perspective, engineering would be classified as price immune; marketing and sales as price sensitive; and manufacturing, information technology, human resources, and accounting as price conscious. Steven Moore for HBR. Why does a salesperson lose a sale?

Why Companies That Wait to Adopt AI May Never Catch Up

Harvard Business

Instead they are waiting for the technology to mature and for expertise in AI to become more widely available. They are planning to be “fast followers” — a strategy that has worked with most information technologies. It’s true that some technologies need further development, but some (like traditional machine learning) are quite mature and have been available in some form for decades. Paul Bradbury/Getty Images.

Designing the Machines That Will Design Strategy

Harvard Business

AlphaGo’s success is emblematic of a broader trend: An explosion of data and advances in algorithms have made technology smarter than ever before. In addition to executing well-defined tasks, technology is starting to address broader, more ambiguous problems. But it’s dangerous and naïve to assume that better technology and more data guarantee better outcomes. No matter how advanced technology is, it needs human partners to enhance competitive advantage.

Your Company’s Energy Data Is an Untapped Resource

Harvard Business

Energy Information Administration, with a combined annual energy cost of over $200 billion. And of course, few such managers have a background in information technology. And now retailers are starting to leverage the same information to better position higher-margin product where traffic is highest within their stores. Most companies are unprepared for the emerging revolution in predictive energy analytics.

How Digital Leaders Get the Right Work Done - SPONSOR CONTENT FROM WORKFRONT

Harvard Business

The digital work crisis is this unnerving pace of technological change, complex global networks, and lists product and service variation in almost infinite work streams, a whole tone of digital distractions, and fundamental access to more data than humans can handle. And so millennials are more likely than Gen X and baby boomers to say that their team is requesting more technology to manage their work; 51 percent of millennials say that and 40 percent of baby boomers say that.

ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues

Harvard Business

Similarly, directors of power companies need to understand how advances in energy storage and information technology will accelerate development of micro-grids and the decentralization of the electric grid. Capital expenditures, future acquisitions, research and development expenses, future financing needs, and payout policies, such as dividends and share repurchases, need to be assessed in part based on how they fit into a low-carbon world.

The H-1B Visa Debate, Explained

Harvard Business

It has benefited the tech industry enormously, and other sectors, including health care, science, and finance, have also used it to fill gaps in their workforces. These must qualify as “specialty occupations,” which typically require a bachelor’s degree (or the equivalent) and are found in fields such as science, engineering, information technology, medicine, and business. In computer and information science and in engineering, U.S.