Self-employment has been on the rise and is becoming widely referred to as the “gig economy.” With one in every three Americans working as a freelancer, this movement goes far beyond popular examples like Uber and TaskRabbit.
Amid the changes that are being driven by new technologies, the CFO’s new role is a hybrid function encompassing strategy, finance and analytics—three things that must come together for a CFO to be successful.
The scalability of today’s platform business model, relative to the traditional linear model, has consumers expecting faster, more efficient and personalized services. Fair or not, this is how banks are being measured. In this environment, defining and organizing a business strategy focused on customer experience—for both retail and institutional clients—takes on new urgency.
First comes revenue recognition. Then comes leasing. The deadlines to comply with major accounting change standards are rapidly approaching and many companies are realizing the complexities involved in implementing them.
Self-driving cars will put a big dent in the lucrative collision parts business of original equipment manufacturers (OEMs). Learn how OEMs can transform to find ways to make up for this knock in profitability.