Sat.Jun 10, 2023 - Fri.Jun 16, 2023

article thumbnail

The Never-Ending Story: CEO Succession Planning

Harvard Corporate Governance

Posted by Carey Oven and Bob Lamm, Deloitte & Touche LLP, on Sunday, June 11, 2023 Editor's Note: Carey Oven is National Managing Partner and Bob Lamm is Independent Senior Advisor at the Center for Board Effectiveness, Deloitte & Touche LLP. This post is based on their Deloitte memorandum. Deloitte’s Chief Executive Program has engaged in a series of dialogues with current CEOs as well as those who are (or were) considered for CEO roles.

212
212
article thumbnail

What is digital transformation?

Mckinsey and Company

Digital transformation is the rewiring of an organization, with the goal of creating value by continuously deploying tech at scale.

134
134
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IVSC Webinars Series 2023 – Bios

IVSC

Doug McPhee Senior Director - Head of Valuations at Public Investment Fund (PIF) Doug McPhee is Senior Director - Head of Valuations at the Public Investment Fund (PIF). Prior to joining PIF, Doug was a Corporate Finance Partner and Global Valuation Leader for KPMG. He was a Panel Member at the UK's Financial Reporting Council (FRC) from 2016-2022 and Vice Chair of the CBV Institute Board of Directors from 2017-2020.

article thumbnail

Saudi Arabia spends billions in bid to dominate global games industry

Financial Times M&A

Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power

121
121
article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

‘Not A Thing’: Six Legal Reasons the Federal ‘Debt Ceiling’ is Null & Void

Harvard Corporate Governance

Posted by Robert C. Hockett (Cornell University) , on Monday, June 12, 2023 Editor's Note: Robert C. Hockett is the Edward Cornell Professor of Law at Cornell University. This post is based on his recent piece. Writing in outrage for over a decade about the illegality of the putative ‘debt ceiling as I, along with several distinguished colleagues , have been doing, I am not a little relieved to see some of our longstanding arguments gaining traction.

article thumbnail

The case for compliance as a competitive advantage for banks

Mckinsey and Company

Banks that build common ground between their compliance functions and business leaders who shape strategy can open paths to better customer experience, greater productivity, and resilient growth.

More Trending

article thumbnail

Are accounting firms keeping remote work positions?

ThomsonReuters

Many of today’s accounting professionals have a new perspective on when and how they want to work. Are firms heeding the call? The onset of the COVID-19 pandemic forced countless businesses, including accounting firms, to go remote essentially overnight due to mandated shutdowns and stay-at-home orders. Now with the public health emergency officially over , the shift to more remote work has become the new normal.

article thumbnail

Congressional Sustainable Investing Caucus

Harvard Corporate Governance

Posted by U.S. Representative Sean Casten (IL-06), and U.S. Representative Juan Vargas (CA-52), on Tuesday, June 13, 2023 Editor's Note: U.S. Representative Sean Casten (IL-06), and U.S. Representative Juan Vargas (CA-52) are members of the House Financial Services Committee. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

article thumbnail

Rewired pharma companies will win in the digital age

Mckinsey and Company

Despite progress, most pharma companies have not fully rewired their tech, tools, and operating models to realize their digital and analytics ambitions. Five actions can help them achieve scale.

118
118
article thumbnail

Big Pharma dealmaking recovers with $85bn M&A splurge

Financial Times M&A

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

102
102
article thumbnail

Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

article thumbnail

Staying up to speed with artificial intelligence in accounting

ThomsonReuters

Artificial intelligence (AI) has proven that it is a far cry from just a buzzword. Over the years, AI in accounting has increasingly gained traction and, going forward, it will continue to transform the tax and accounting profession. Is your firm ready? Like many industries, the accounting profession is exploring how AI can improve efficiencies and help strained firms better serve clients.

article thumbnail

Voice Through Divestment

Harvard Corporate Governance

Posted by Marco Becht (Solvay Brussels School of Economics and Management), Anete Pajuste (Boston University), and Anna Toniolo (Harvard University), on Wednesday, June 14, 2023 Editor's Note: Marco Becht is a Professor of Finance at Solvay Brussels School of Economics and Management; Anete Pajuste is a Professor of Finance at Stockholm School of Economics (Riga), and Visiting Lecturer at Questrom School of Business, Boston University; and Anna Toniolo is Postdoctoral Fellow at the Program on Co

Finance 253
article thumbnail

The economic potential of generative AI: The next productivity frontier

Mckinsey and Company

Generative AI is poised to unleash the next wave of productivity. We take a first look at where business value could accrue and the potential impacts on the workforce.

112
112
article thumbnail

Golden Globes Are Sold and Hollywood Foreign Press Is No More

NYT M&A

After a series of ethics, finance and diversity scandals, the embattled awards show will continue but the group that was behind it for decades will not.

Finance 99
article thumbnail

Mastering Intent Data: Understanding its Importance & Best Practices

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

article thumbnail

How can businesses take advantage of the rules of origin to lower their customs duties?

ThomsonReuters

It is no secret that customs duties can be a major source of expense for businesses. By considering the rules of origin under free trade agreements (FTAs), it is possible to reduce the costs of these duties by applying preferential duty rates. Rules of origin refer to regulations that establish the country of origin for a product. Businesses can leverage these rules to benefit from free trade agreements (FTAs) and other tax relief programs.

article thumbnail

Insider Trading Disclosure Update: Rulemaking Activity

Harvard Corporate Governance

Posted by Matthew Kaplan, Benjamin Pedersen, and Jonathan Tuttle, Debevoise & Plimpton LLP, on Monday, June 12, 2023 Editor's Note: Matthew E. Kaplan , Benjamin R. Pederson , and Jonathan R. Tuttle are Partners at Debevoise & Plimpton LLP. This post is based on a memorandum by Mr. Kaplan, Mr. Pederson, Mr. Tuttle, Anna Moody , Ashley Yoon , and Mark Flinn.

239
239
article thumbnail

Regulatory efficiency will be essential for the energy transition

Mckinsey and Company

The energy and materials transition is stoking demand for critical metals needed in the net-zero supply chain. Regulatory and public policy uncertainty could put the transition at risk.

111
111
article thumbnail

How the PGA Tour-LIV Golf Merger Came Together

NYT M&A

The agreement to remake a global game stunned most of the sporting world after seven weeks of clandestine negotiations.

article thumbnail

Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by Mike Ford, AGA™

Appraisers Blog

In reply to Baggins. Baggs, Almost the entirety of my thinking these days is colored by the many appraisal complaints I read from states all over America. While I think of FNMA as an actual criminal organization that simply hasn’t been caught yet (or should I say recently, again?) they do influence a lot of lenders and appraisers. Often incorrectly.

article thumbnail

Drag-Along Provisions and Covenants Not to Sue in the Private Company M&A Context

Harvard Corporate Governance

Posted by Amy L. Simmerman, David J. Berger, and Ryan J. Greecher, Wilson Sonsini Goodrich & Rosati, on Saturday, June 10, 2023 Editor's Note: Amy L. Simmerman , David J. Berger , and Ryan J. Greecher are Partners at Wilson Sonsini Goodrich & Rosati. This post is based on a WSGR memorandum by Ms. Simmerman, Mr. Berger, Mr. Greecher, James G.

231
231
article thumbnail

What do higher education students want from online learning?

Mckinsey and Company

McKinsey surveyed more than 7,000 students in 17 countries to find out which elements of online higher education they value most.

111
111
article thumbnail

Michael Jordan to Sell Majority Stake in Charlotte Hornets

NYT M&A

Jordan, the former star of the Chicago Bulls, purchased the team in 2010.

article thumbnail

Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by David

Appraisers Blog

Brianne, You seem to be doing everything right if your main source of information is other real estate agents and maybe buyer feedback. That said tell us all how you quantify that to a $/sf adjustment or a site adjustment, etc. My point being these two things (qualitative/quantitative) do not have to be mutually exclusive but one requires a little of the other in the reconciliation.

98
article thumbnail

Comment on PCAOB’s Proposed Auditing Standard

Harvard Corporate Governance

Posted by Jack T. Ciesielski and Amy C. McGarrity, PCAOB Investor Advisory Group PCAOB Investor Advisory Group, on Tuesday, June 13, 2023 Editor's Note: Jack T. Ciesielski is an the Investment Manager and founder of R.G. Associates, Inc. and Amy C. McGarrity is Chief Investment Officer and Chief Operating Officer of Colorado PERA. This post is based on their comment letter.

article thumbnail

Is industrial automation headed for a tipping point?

Mckinsey and Company

A gradually evolving industry now faces nonlinear competition and technological shifts. Here are two key scenarios for the future.

article thumbnail

Brooklyn’s Ample Hills Creamery Aims to Rise Again

NYT M&A

The Brooklyn-based ice cream chain boomed with the help of Oprah and Disney, then went bust. But the couple behind it are opening new shops and thinking small.

article thumbnail

Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by Baggins

Appraisers Blog

In reply to don. Interesting Don. Pools are an animal to themselves, often difficult to explain to people on account of their personal fears or personal attachments to the pool. Their costs may not have alignment with market value. In Colorado pools used to be much more popular, lately I rarely see them, most were over time dismantled and removed. All it takes is one season of poor attention, one extreme temp swing, costs nearly as much as installing a new one, just to fix them.

article thumbnail

SEC Enforcement Mid-Year Review

Harvard Corporate Governance

Posted by Elizabeth P. Gray, A. Kristina Littman, and Adam Aderton, Willkie Farr & Gallagher LLP, on Wednesday, June 14, 2023 Editor's Note: Elizabeth P. Gray , A. Kristina Littman , and Adam Aderton are Partners at Willkie Farr & Gallagher LLP. This post is based on a Willkie memorandum by Ms. Gray, Ms. Littman, Mr. Aderton, Leigh Coutoumanos and Erik Holmvik.

article thumbnail

Constructing the tech future: Porsche Digital spearheads talent attraction

Mckinsey and Company

What’s the best way to attract tech talent? (Hint – it’s not just compensation…) Mattias Ulbrich, CEO of Porsche Digital and CIO of Porsche AG, shares the importance of putting people first to shape talent when building a digital business.

105
105
article thumbnail

Knowing when it’s time to update your accounting technology

ThomsonReuters

Is your firm running its gears on outdated accounting technology? That is a question many accounting firms should consider as they look to remain competitive, better serve clients, and expand bandwidth in today’s challenging environment. Advancements in technology continue to have a significant impact on how accounting professionals work and serve their clients.

article thumbnail

Comment on GLA Adjustment: Adjusting Full Difference vs a Threshold Amount by Jason

Appraisers Blog

Is adjusting 100% of the square foot difference, or the difference after a ‘threshold’ square foot amount the proper way to adjust GLA?

98
article thumbnail

ESG and Fiduciaries: A New Age Dawns

Harvard Corporate Governance

Posted by James C. Woolery, Woolery & Co., on Thursday, June 15, 2023 Editor's Note: James C. Woolery is a Partner and founder at Woolery & Co. This post is based on his Woolery piece. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

210
210
article thumbnail

Customer-centric transformation in government

Mckinsey and Company

Public-sector organizations work best when they design from the perspective of the people they serve, use data well, and adapt quickly to capture productivity benefits.

105
105
article thumbnail

How to upskill accountants

ThomsonReuters

The accounting profession is in the midst of a transformation, and firms must ensure they are upskilling their accountants to remain competitive and keep pace. While the profession is no stranger to change, the COVID-19 pandemic shifted that change into higher gear, driving home the need to meet rising client demands and shifts in employee wants and expectations.