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.

Seeing your way to better strategy

McKinsey

Viewing strategy choices through four lenses—financial performance, markets, competitive advantage, and operating model—can help companies debias their strategic dialogues and make big, bold changes. Strategy & Corporate Finance Insights

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.

How to avoid digital-strategy pitfalls

McKinsey

Most digital strategies don’t reflect how digital is changing economic fundamentals, industry dynamics, or what it means to compete. Strategy & Corporate Finance Insights

Inside the strategy room: One CEO’s approach

McKinsey

Deanna Mulligan, president and CEO of Guardian Life Insurance, reflects on how she approaches strategy planning in an industry with strong headwinds. Strategy & Corporate Finance Insights

Eight shifts that will take your strategy into high gear

McKinsey

Developing a great strategy starts with changing the dynamics in your strategy room. Strategy & Corporate Finance InsightsHere’s how.

Are your strategy discussions stuck in an echo chamber?

McKinsey

Strategy & Corporate Finance InsightsBuilding a “market-momentum case”—based on external as well as internal data—can help executives allocate resources more effectively and identify new sources of value.

Digital transformation: The CFO’s role

McKinsey

Strategy & Corporate Finance InsightsWith their role sitting at the center of the strategic-planning process and financial disciplines, CFOs are well positioned to become critical drivers of digital transformation.

How Blockchain Is Changing Finance

Harvard Business

The New York–based venture capital firm Union Square Ventures (USV) broadened its investment strategy so that it could buy ICOs directly. 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.

Need Clients Now? 5 Strategies to Quickly Get More Consulting Clients

Consulting Matters

EVEN if you feel the crunch on the finances, you do not want to under-value what you can bring to the table. If you want to achieve sustainable success as a consultant - ideally you want to create a marketing system to ensure you have a consistently full pipeline of right-fit clients.

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. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific Most assume China can grow at 7% a year, a notion that I have challenged on many occasions. Morgan Stanley agrees.

How to take the measure of innovation

McKinsey

Strategy & Corporate Finance InsightsBy combining two simple metrics, companies can gain valuable insights into their innovation performance.

Zero-based budgeting gets a second look

McKinsey

Strategy & Corporate Finance InsightsDigitization is breathing new life into a ground-up budgeting approach that debuted in the 1960s. Here’s how CFOs and other business leaders can make it work in their own organizations.

Universities and the conglomerate challenge

McKinsey

Strategy & Corporate Finance InsightsComplex business combinations have been unwinding for years. Will the bell toll for universities?

How leading CEOs manage their middle tenures

McKinsey

Strategy & Corporate Finance InsightsFive principles are useful in guiding CEOs in their third, fourth, and fifth years on the job.

Economic Conditions Snapshot, December 2018: McKinsey Global Survey results

McKinsey

Strategy & Corporate Finance InsightsExecutives report the least-positive views on economic conditions—at home and in the world economy—that they have all year.

Make working capital work harder for you

McKinsey

Strategy & Corporate Finance InsightsCompanies can unlock value by managing working capital more effectively. Top performers are transforming the cash-conversion culture across the organization and implementing advanced digital-analytics solutions.

The new CFO mandate: Prioritize, transform, repeat

McKinsey

Amid a raft of new duties for CFOs, our survey suggests that finance leaders are well positioned to lead the C-suite agenda by championing transformations, digitization, and capability building. Strategy & Corporate Finance Insights

Building gender diversity on boards

McKinsey

Strategy & Corporate Finance InsightsMcKinsey senior partner Celia Huber explains how companies can build and benefit from gender diversity on boards.

Fielding high-performing innovation teams

McKinsey

Strategy & Corporate Finance InsightsInnovation is a team sport. For projects to succeed, they must be staffed with the right combination of talent. Here is how to ensure your initiatives have the players they need to win.

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. Even if you don’t need to know a lot about finance to do your day-to-day job, the more conversant you are on the subject, the better off you’ll be, according to Richard Ruback, a professor at Harvard Business School and the coauthor of the HBR Guide to Buying a Small Business. Here are some strategies to improve your financial intelligence. Stop avoiding finance because you’re afraid of numbers.

BCG report: Improving the Odds – Strategies for Superior Value Creation

Consultants Mind

It was worthwhile read, even if you are not in corporate finance. Simply … Continue reading → Consultant Management consulting Consulting Boston Consulting Group Business Model BCG Strategy Boston Consulting Group released their 14th annual report on total shareholder value (TSR). They talk about global trends in economics, capital flows, investor expectations and business generally.

Demystifying AI and machine learning for executives

McKinsey

Strategy & Corporate Finance InsightsIn this interview, Tamim Saleh cuts through the hype around artificial intelligence with guidance for executives about where and how to employ AI in their businesses.

Leading for the long term

McKinsey

Successful CEOs combine winning strategies with compelling stories and constructive engagement with shareholders. Strategy & Corporate Finance Insights

A welcome change in lease-accounting rules

McKinsey

Strategy & Corporate Finance InsightsNew rules will mean better estimates for investors, but they should have little to no effect on how companies operate and create value.

Economic Conditions Snapshot, September 2018: McKinsey Global Survey results

McKinsey

Strategy & Corporate Finance InsightsRespondents express declining optimism on the economy, especially in emerging markets. The United States gains more attention as a destination for new business opportunities.

Visualizing global debt

McKinsey

Strategy & Corporate Finance InsightsSee how the debt of 51 countries has evolved since 2000 in an interactive data visualization.

Data 89

Choosing the right path to growth

McKinsey

Strategy & Corporate Finance InsightsTo boost organic growth, most companies need a diverse set of initiatives—and how you sequence them matters.

What’s behind the pharmaceutical sector’s M&A push

McKinsey

Strategy & Corporate Finance InsightsThere are lessons for other industries in the way pharma companies use mergers to innovate, work more efficiently, and bolster product portfolios.

Bias busters: Being objective about budgets

McKinsey

Strategy & Corporate Finance InsightsAnchoring bias can hold back the budgeting process, influencing your targets despite your best efforts. Address it and refocus difficult conversations.

Greek Finance Minister Proposes Greece for Puerto Rico Trade: Should US Accept the Offer?

MishTalk

Greek finance minister Wolfgang Schäuble has a sense of humor. Who knew Wolfgang Schäuble, Germany’s prickly finance minister, had a sense of humor? Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific Today he said to U.S. Treasury Secretary Jacob Lew: I’ll Trade You Greece for Puerto Rico. At a news conference on Thursday, Schäuble chided U.S.

Enter the Carpetbaggers: Ukraine's New Finance Minister a US Citizen, New Economy Minister from Lithuania

MishTalk

Ukraine''s just-named "Finance Minister" is a US citizen, and Ukraine''s new "Economy Minister" is from Lithuania. citizen and chief executive of private equity group Horizon Capital, will take over as "Finance Minister". Ukraine has a new finance minister, Natalie Jaresko. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific

Greece Empties IMF Reserve Account to Pay IMF; Liquidity "Terribly Urgent" Says Finance Minister

MishTalk

Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country's finances. Made a day early, the IMF payment calmed immediate fears of a Greek default, but Finance Minister Yanis Varoufakis said on Monday the liquidity situation was "terribly urgent" and a deal to release further funds was needed in the next couple of weeks.

4 Elements to Ensure Strategy Aligns Behavior

LSA Global

When Strategy Aligns Behavior. A clear, well understood strategy aligns employee behavior within the priorities of the business. When Strategy Does Not Align Behavior. Just think what can happen when the strategy is unclear, unsupported or too far-fetched.

Debiasing the corporation: An interview with Nobel laureate Richard Thaler

McKinsey

Strategy & Corporate Finance InsightsThe University of Chicago professor explains how executives can battle back against biases that can affect their decision making.

List: Global Strategy Firms 2013

Tom Spencer

List of Global Strategy Firms in 2013. BELOW is a hand-picked list of leading Global Strategy Firms. The below list will be of interest to you if: you want to work for a leading strategy firm, or.

Taking the measure of innovation

McKinsey

Strategy & Corporate Finance InsightsDon’t overlook the insight that two simple metrics can yield about the effectiveness of your R&D spending.

Greece Bank Deposits Drop to 11-Year Low; Creditors Offer 6 Month's Financing; Round One of Saga Nearly Over

MishTalk

Financing Dangle Please consider Merkel, Hollande Dangle Financing Before Greece's Tsipras. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific

How CFOs can better support board directors—and vice versa

McKinsey

Strategy & Corporate Finance InsightsGoverning boards face increasing pressure and greater scrutiny from investors. Here is how CFOs can reinforce their stewardship.

3 ways financial advisory consulting bests strategy consulting

Management Consulted

From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Best of all, with this strategy you hedge your bets.