Past mistakes teach us valuable lessons. How costly are current weaknesses that cause future business disruption and loss events? Building and presenting an actionable plan is the basis for the stakeholders to make sound decisions.
Category: Strategy and Planning
The Income Statement Impact Of Cyber Risk
How will events this year impact the income statement? Cyber risk can negatively impact revenue, COGS, operating expenses, and net income, while cybersecurity investments can help protect and improve these financial metrics.
The Awakening Within IT
How will everyone react to the next downtime event? The key is communicating how business disruption will impact revenue and profitability, so management understands and has an opportunity to limit the cost and duration.
The Cost Center of IT
Measuring the effectiveness of IT continues to be a leadership struggle. CFOs look to metrics to gauge IT’s ability to deliver. Companies do not budget IT spending as value chain costs, so CFOs continue to view IT as a support function cost center.
Manufacturing Industry Cybersecurity
Supply chain dependencies continue to impact production. Labor and material shortages are not the only pressure; cybersecurity in the manufacturing industry must evolve because the future of manufacturing will include supply chain risk. Read and share this article.
CFO Demise From Optimism Bias
Optimism bias becomes a problem when we ignore the facts and allow ourselves to believe it won’t happen to us. We disregard the reality of an overall situation, which causes problems within our professional and personal lives. Read and learn about how this CFO was held responsible for their bias.
Joining The Two-Comma Club
How will joining the Two-Comma Club change your earnings and reputation? Read and share this article.
Strategy For Results
How does SWOT check blind spots and firmly held assumptions that prevent the development and leverage of assets (people, information, technology, and facilities) within your business? Read and share this article.
Waste Money Time And Energy Each Quarter
Each day, we make decisions about money, time, and energy that flow down the drain. Without a stopper in place, we can struggle to evaluate and measure consumption effectively. These recurring leaks in cash flow lead to wasteful spending habits each quarter. Read and share this article.
When Later Becomes Too Late
New records in both issuance volume and proceeds, criminal enterprises are cashing in on private and public companies. How will these board-level disappointments impact you? Read and share this article.