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With each difficult market situation, the board can put more and more pressure on making changes. This often involves adjusting the board configuration. Corporate board members must accept the need for leadership evolution, even when they may have to leave the board.The recession is fearing mounts, and there is a growing possibility that the committee will pressure them to add or subtract boards as businesses try to handle how Trump administration's policies will affect businesses. In some cases, shareholders may wish to add directors to their boards with certain skills that can better align with shareholders or management's views through…

Many directors find themselves in “operational scope” due to the ambiguous effects of tariffs on compensation programs. On the one hand, the impact of tariffs is closely aligned with changes in tax laws (e.g., unpredictable, out of management control, and frequently adjusted). On the other hand, shareholders expect management to have stronger control over the impact of tariffs as it could have a meaningful long-term impact on the business (similar to changes in the Covid-19 macroeconomics). Due to the inherent uncertainty of proposals or potential tariffs and the speed at which they may be implemented (as seen in recent intergovernmental…

Something happened to Isabel Winkle on his way to becoming an astrophysicist. That “something” was an exposure to business and economics in MIT's elective course. “The depth of concepts like micro and macroeconomics, supply and demand, and the way businesses grow and run,” she told Katie Kuhner Hebert.It's easy to say, “The rest is history.” Winkles found himself as the CFO of Braze, a customer engagement platform published in 2021.In the interview below, Winkles shares her learning, including her decisive choices in her career and lessons she worked for Ruth Polato, one of the top CFOs of our time.Are you…

Corvus Robotics is a microcosm of where the U.S. economy is headed. It makes and sells drones to warehouses, where they buzz around and keep track of stuff from auto parts to lawn mowers, cases of industrial chemicals to cases of Coca-Cola. The startup is doing its bit for American “reshoring” by assembling its complex drones at a small plant in Silicon Valley rather than China. Corvus drones help a huge range of American companies and industries across the country become more efficient at a time of supply chain rebuilding.And the $10,000-plus devices sport “‘embodied’ AI, which means they’re completely…

Corvus Robotics is a microcosm of where the U.S. economy is headed. It makes and sells drones to warehouses, where they buzz around and keep track of stuff from auto parts to lawn mowers, cases of industrial chemicals to cases of Coca-Cola. The startup is doing its bit for American “reshoring” by assembling its complex drones at a small plant in Silicon Valley rather than China. Corvus drones help a huge range of American companies and industries across the country become more efficient at a time of supply chain rebuilding.And the $10,000-plus devices sport “‘embodied’ AI, which means they’re completely…

After studying at Columbia and Harvard University, Emmanuel Steiner began his career in Switzerland.”There's nothing good about eating,” he would complain. “Take away? Not tasty! Supermarket salad? Too expensive! Restaurant? It takes 2 hours! And worst of all, split over lunch because everyone wants something different. This isn't that!”Determined to solve the problem, Steiner and his wife, Daniela, co-founded Verpel in 2013, bringing fresh meals from the Michelin-starred chef and farm directly to the corporate office lunchroom. After expanding to over 1,000 offices across Europe, the company expanded to the US in 2023, establishing a shop in New York City,…

According to the Tax Foundation and other economics researchers, US businesses and consumers were able to cover a significant portion of the costs of the Trump trade war. The to-market team measures the impact of tariffs on a company's products, but finance leaders and their procurement have different authority. To reduce the financial impact of purchasing from international suppliers in the target country.The management of risks related to purchasing, supplier selection, contract negotiation, and payments is within the scope of the CFO, with operating expenses and margins being affected by rising parts and product costs. We have asked Logicsource's Managing…

The biggest mistake a client makes when trying to make a change is to try to implement wholesale, reset from the top to bottom. Bill Gates once said, “Most people overestimate what they can achieve in a year and underestimate what they can achieve in a decade.” What that means is that they get bigger, but do it in a reasonable time frame. A complete change overnight is not realistic. And your lack of progress towards your goals will discourage you. When participants in my workshop analyzed their time portfolio, many people found that they were timebrokes and were calm…

Earlier this week, I was in Washington, D.C., at Jeff Sonnenfeld's annual meeting, where the rooms are concerned – pay, China and national security dominate the debate. I wasn't exactly in a bad mood, but I wasn't even a chipper either.But when I sat in that packed room of corporate leaders and policymakers, I was impressed that it was not discussed: Covid. I don't mention it, it's not a question. In a way, it's miraculous. This week the world was closed just five years ago.But you've recently felt the credibility of President Trump, that it's due. His administration led the…

When American workers leave their jobs, lack of opportunities for growth and poor leadership are often the reasons. These situations can also lead to higher levels of employee release and ultimately higher employee turnover. Perhaps it's no surprise that many CFOs believe they need to be better talent developers, regardless of the direction of the labour market. Greg Sigrist, CFO of the company's Pathward as a bank, considers talent development to be essential to the success of the finance team. It is also part of the reason why CFOs with transparent, supportive working styles can deliver better results. In the…