Want your finance team to drive innovation? Here’s how to treat them right

Compare The Cloud

Finance is the unsung hero of the business world. But finance professionals know the reality is often quite different. Like the proverbial swan, all calmness above the surface and mad paddling beneath, many finance teams are delivering results – but at a significant cost. Too often, finance teams are battling with their tools, processes, and deadlines, rushing to get manual tasks completed for the umpteenth time, and struggling with ongoing talent shortages.

Want your finance team to drive innovation? Here’s how to treat them right

Compare The Cloud

Finance is the unsung hero of the business world. But finance professionals know the reality is often quite different. Like the proverbial swan, all calmness above the surface and mad paddling beneath, many finance teams are delivering results – but at a significant cost.

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Reconceiving the global trade finance ecosystem

McKinsey

Trade finance does not work as well as it could, particularly for the millions of smaller businesses that help fuel the global economy. A new joint report sets out a vision for improving the ecosystem for all players.

Alternative financing in mining

McKinsey

Many mining companies struggle to secure financing for capital-expansion programs. Miners must pull the full range of financial levers to see a potential of some $800 billion over the next ten years. Metals & Mining Insights Mining

Reflections on 20 years of McKinsey on Finance—and three challenges ahead

McKinsey

Revolutionary innovations, brilliant ideas, and climate imperatives will change everything—except the fundamentals of finance and economics. Strategy & Corporate Finance Insights Strategy

Fostering sustainable development through open data for finance

McKinsey

Digital finance has many aspects that can improve the workings of emerging economies and further the cause of sustainable development.

10 Ways To Finance Your Business

Aepiphanni

Unstable finances cause a great deal of stress on business owners, not to mention having to address the various concerns if they have employees on the payroll. Deciding whether to find financing for one’s business and how to choose the best option can be challenging. Magazine understands this and just released an article titled “10 Ways to Finance Your Business” including: Factoring – a finance method where a company sells its receivables at a discount to get cash upfront.

The Making of a Megadeal: Howard Ungerleider on the Merger of Dow and DuPont

McKinsey

Strategy & Corporate Finance Insights Strategy Corporate Finance Mergers & acquisitions Post merger managementThe CFO of Dow shares his experience of leading one of the most complex mergers and spinouts in history.

Impartner Receives Growth Financing from Golub Capital

Impartner

Strategic financing to further accelerate Impartner’s position as a channel management technology platform leader. SALT LAKE CITY, Sept 16, 2020 — Impartner, the fastest-growing and most award-winning pure-play channel management platform, announced today that it has received $30 million in growth financing from Golub Capital, a market-leading, award-winning direct lender and credit asset manager with over $30 billion of capital under management.

How to create a solid billing and finance strategy and strengthen your partnerships

Impact

As you continue to set up your partnership program, let’s tackle the next important step: finance and budgeting. If you set up your finances well from the beginning, your program operations will be more effective, and your relationships with partners — more successful.

Ensuring the Health of Your Business Partnerships

McKinsey

Strategy & Corporate Finance InsightsRegular partnership check-ins are essential to make sure that, like any relationship, both sides are getting what they need.

Samepage Secures Financing from Reflex Capital

SamePage

"From both a technological standpoint as well as a business standpoint, Samepage is ready to scale," said Ond?ej ej Fryc, Managing Partner at Reflex Capital. "Samepage has outstanding customer satisfaction metrics. Once you meet the engineering and support teams, you know why. It's exciting to see this level of talent and experience under one roof, and it'll be very exciting to watch them continue to innovate." " Language. Undefined

Tackle.io Closes Series B Financing from Andreessen Horowitz and Bessemer Venture Partners to Transform Digital Experience for Buying and Selling Enterprise Software

Tackle.io

In conversation: The new CFO mandate

McKinsey

How finance leaders can reconcile and fulfill their growing portfolios of responsibilities. Strategy & Corporate Finance Insights Leadership Strategy

Brendan Whitworth on Anheuser-Busch’s next phase of growth

McKinsey

Strategy & Corporate Finance Insights Strategy Corporate FinanceThe beverage giant’s CEO shares his vision for the company’s future.

Global Economics Intelligence executive summary, November 2021

McKinsey

Strategy & Corporate Finance Insights Corporate Finance Strategy Economic StudiesIndustry indicators are broadly positive alongside persisting inflation; pandemic restrictions return to Europe; nations recommit to ambitious climate goals.

Kevin Hostetler of Rotork on accelerating growth

McKinsey

Strategy & Corporate Finance Insights Strategy & Corporate Finance Corporate strategy GrowthThe CEO of the industrial-equipment supplier shares lessons from an ambitious organizational transformation.

Global Economics Intelligence executive summary, July 2021

McKinsey

Strategy & Corporate Finance Insights Corporate Finance Economic Studies StrategyIndustrial activity strengthens and consumer demand returns while inflation accelerates; the pandemic wave worsens significantly.

Global Economics Intelligence executive summary, June 2021

McKinsey

Strategy & Corporate Finance Insights Corporate Finance Economic Studies StrategyAs the global economy emerges from the worst of the pandemic, strong growth returns, accompanied by inflation.

Global Economics Intelligence executive summary, February 2022

McKinsey

Strategy & Corporate Finance Insights Financial Services Corporate Finance StrategyIndustry slowed in January amid high inflation and recent pandemic measures; trade remained buoyant; the Russian government’s invasion of Ukraine is causing a humanitarian crisis and economic risks.

Unlocking cash from your balance sheet

McKinsey

Strategy & Corporate Finance Insights Corporate FinanceOpportunities to free up cash may be hiding in plain sight. Here are six strategies for releasing cash from your balance sheet.

The Committed Innovator: A conversation with Tanya Baker of Goldman Sachs Accelerate

McKinsey

Strategy & Corporate Finance Insights Strategy Innovation Corporate FinanceThe global leader of Goldman Sachs’ internal new business incubator on fostering innovation and entrepreneurial ventures within the firm.

Urban Living Labs and Transformative Changes: A qualitative study of the triadic relationship between financing, stakeholder roles, and the outcomes of Urban Living Labs in terms of impact creation in the city of Groningen, the Netherlands

TIM Review

It consists of four funding methods: Pay per service (PPS), Subsidies (SUB), Out of Network Funds (ONF), and Cross Financing (CRF). The SPE is mostly financed by PPS and SUB methods via private businesses and the municipality. The UGL is also financed by PPS and SUB methods.

The next frontier in consumer goods: Digitally enabled innovation

McKinsey

Strategy & Corporate Finance Insights Consumer packaged goods DigitalFour lessons to guide the industry’s innovation transformations.

The race to create a vaccine: A conversation with Frank D’Amelio

McKinsey

Strategy & Corporate Finance Insights Pharmaceuticals Strategy & Corporate Finance StrategyThe CFO of the pharmaceutical company talks about what it took to develop a COVID-19 vaccine.

Simon Pryce of Ultra Electronics on growth

McKinsey

Strategy & Corporate Finance Insights Strategy Alliances Corporate Finance Mergers & acquisitionsHere’s how he turned an aggregation of acquisitions into a cohesive innovation engine.

Global Economics Intelligence executive summary, May 2022

McKinsey

Strategy & Corporate Finance Insights Strategy Economic StudiesCentral banks move against inflation; US industry expands while China’s economy contracts amid COVID-19 measures; supply challenges persist.

War in Ukraine: Lives and livelihoods, lost and disrupted

McKinsey

Strategy & Corporate Finance Insights Ukraine StrategyAs uncertainty weighs on decision making, scenarios can provide guidance.

The 21st-century corporation: A conversation with Brian Chesky of Airbnb

McKinsey

Strategy & Corporate Finance Insights Corporate strategy Managing in Uncertainty Corporate FinanceAirbnb’s CEO discusses how a company that flirted with demise during the pandemic turned its business around.

Global Economics Intelligence executive summary, October 2021

McKinsey

Strategy & Corporate Finance Insights Corporate Finance Economic Studies StrategyWith rising vaccination rates, surveyed economies are reopening more fully; industry and trade are expanding despite the pandemic’s knock-on effects.

Improving strategic outcomes with advanced analytics

McKinsey

Strategy & Corporate Finance Insights Strategy Strategic planningAI and machine-learning tools can enhance strategic planning.

Committed innovators: How masters of essentials outperform

McKinsey

Strategy & Corporate Finance Insights Innovation StrategyNew research shows that innovation leaders are rapidly ascending beyond their peers by comprehensively committing themselves to delivering net new growth at scale.

Global Economics Intelligence executive summary, September 2021

McKinsey

Strategy & Corporate Finance Insights Corporate Finance Economic Studies StrategyRapid growth and strong demand bump against pandemic-related disruptions; energy prices surge, but long-term inflation expectations remain moderate.

The Committed Innovator: A conversation with Amy Brooks of the NBA

McKinsey

Strategy & Corporate Finance Insights Innovation Managing in Uncertainty Strategy Corporate FinanceThe National Basketball Association’s chief innovation officer explains how the league seized opportunities presented by the past year’s disruption to test new ideas.

Fear factor: Overcoming human barriers to innovation

McKinsey

Strategy & Corporate Finance Insights Innovation Strategic planningWorries about failure, criticism, and career impact hold back many people from embracing innovation. Here’s how to create a culture that accounts for the human side of innovation.

Sounding the alarm on system noise

McKinsey

Strategy & Corporate Finance Insights Leadership Strategy Corporate FinanceDaniel Kahneman and Olivier Sibony, renowned experts in cognitive biases and decision making, explain how noise—or unwanted variability—clouds organizations’ judgments, and what to do about it.

From principle to practice: Making stakeholder capitalism work

McKinsey

Strategy & Corporate Finance Insights Social Sector Public Sector Corporate Social Responsibility Strategy Sustainability Corporate FinanceJust as with other business priorities, stakeholder capitalism is a matter of execution. Here are five steps to get it right.

Global Economics Intelligence executive summary, April 2022

McKinsey

Strategy & Corporate Finance Insights Economic Studies StrategyAmidst high inflation and the continuing war in Ukraine, strong demand persists; forecasting institutions trim growth estimates.

Climbing the private-equity learning curve

McKinsey

Strategy & Corporate Finance Insights Governance Corporate Finance StrategyCEOs who are used to engaging with public-company boards need a different playbook when it comes to private-equity boards. Here’s what they can expect.

When bigger isn’t always better

McKinsey

Strategy & Corporate Finance Insights Strategy Corporate FinanceThe recent spate of spin-off announcements reveals the limits of diversification as well as some of the potential value-creating benefits of separations.