New Thinking

Thoughts and insights from the thinkLeaders community

Finance must be cross disciplinary

It used to be that the finance function could live in relative isolation from the business it supported. But with the CFO assuming a more integral role in the strategy and execution of business operations, there is a growing need for the entire finance function to develop a more intimate knowledge of the business as […]

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It’s time to put mobile first

Over the past decade, mobile technology has grown in functionality and popularity. By now business leaders have heard the numbers: There are nearly seven billion mobile cellular subscriptions in the world – that’s five times the number of fixed telephone lines, nearly 10 times the number of broadband subscriptions, and roughly the equivalent of the […]

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Prove it as you build it

If it were possible to know, ahead of time, which projects would eventually succeed, it would be easy to provide full funding to them from the outset. Because this is almost never the case, companies struggle to find investment approaches that allow organizations to protect resources and mitigate risk while still fostering the innovation needed […]

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The consumability of data is as important as the data itself

That data must be accessible and reliable is already well understood. Companies with a culture built around data-driven decision making rely on the speed and accuracy of their information to make confident choices. But the form that data takes is equally important. Information must be packaged and delivered in a way that makes it easy […]

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Data becomes more valuable when shared—but we don’t behave that way

Institutions in the industrial era created value by stockpiling knowledge. Data was proprietary—to a corporation, to a department and to an individual—and therefore hoarded. In today’s networked business world, companies and individuals create value by improving the flow of data, knowledge and learning through their networks. Data becomes more valuable when we share it—but unfortunately, […]

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Speed is culture

Low barriers to entry in many industry segments—now, even start-ups have access to global reach and infrastructure at scale—are increasing competition and creating the need for shorter product and service development cycles. But speed is not something that can be asserted from the top. It must live at the center of process design, business model […]

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Embrace social media

Suffice it to say that CFOs have not been at the forefront of the social media revolution. Hemmed in by disclosure restrictions and a close-to-the vest culture, sharing information via social channels does not come naturally to finance organizations. Add to this the many high-profile fiascos that have involved executives who said too much on […]

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