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Growth is no longer limited to the country. Cross-border e-commerce (selling goods and services internationally through online channels) is rapidly transforming the way businesses operate and compete. In fact, the global cross-border e-commerce market is expected to reach $7.9 trillion in 2024 and grow at a compound annual growth rate of 30.5% from now until 2030. For CEOs looking to stay ahead of the curve, the message is clear. : The opportunities for international expansion through online channels are enormous, and if you ignore this trend you risk losing significant market share. So why should CEOs focus on cross-border e-commerce…

A recent report shows that many publicly traded companies are increasing their diversity, equity, and inclusion (DEI) efforts, even though the recent DEI backlash has caused some companies to cancel or significantly change such efforts. It is suggested that they continue to maintain and promote theAccording to the new “State of Sustainability 2024: DEI Will Survive” report from global consulting and advisory firm Teneo, which analyzed 250 sustainability reports from S&P 500 companies, “just under half of S&P 500 companies (43 percent) continue to include time-bound DEI goals in their quantitative, sustainability reports, and nearly 80 percent of these goals…

Employee medical costs continue to make up a large portion of labor costs. The average per-employee cost of employer-sponsored health insurance will increase by 5% this year to $16,500, and Mercer projects it will increase by 6% in 2025. Our 2025 CEO and Senior Executive Compensation Report shows even higher increases for the following companies: Top. ” Pharmacy benefits are the fastest growing part of health care benefits, but recent decisions by major employers to expand coverage to include GLP-1 drugs (including obesity) and infertility treatments This is leading to increased costs. The lack of talent in a tight labor…

Headlines this year have declared a new season of megamergers. Mars bought Kellanova for $36 billion to wake the food sector from its M&A slumber. Capital One bought Discover, another iconic financial services brand, for $35 billion. Conoco Phillips further consolidated the energy business by acquiring Marathon Oil for $23 billion. HP created a ripple in tech when it picked off Juniper Networks for $14 billion.However, other recent headlines have made CEOs take pause. The Federal Trade Commission sued to block the Kroger-Albertson’s supermarket megamerger. Union and political opposition has held up Nippon Steel’s proposed $15 billion takeover of U.S.…

For corporate directors, the current situation surrounding ESG feels like killing two birds with one stone. Meanwhile, a wave of regulation in the U.S. and European Union has required, or will soon require, increased disclosure by public companies about climate-related and other social and environmental risks, all of which will require boards to There is a high possibility that more in-depth information disclosure regarding risks will be required. Understand these issues and their impact on business risks and opportunities. Meanwhile, a growing ESG backlash has led U.S. investors to pull billions of dollars from sustainable funds, even as employees and…

Now that the vote count for the 2024 election is complete, new uncertainties cloud the outlook for business leaders. For example, important questions abound regarding the impact the new administration will have on the workplace. How will President Trump's new agency appointments impact the current regulatory landscape for employers? What will happen to the Biden administration's pro-labor policies? Do state and local measures have downstream effects? For now, much remains unknown. But what we do know is that even though Republicans control Congress, a narrow victory means the White House will be able to influence many policy changes through executive…

In sports, business, arguments, and relationships, “winning” often means a zero-sum game with clear winners and losers. Winning certainly feels great in the moment and can bring material gains, status, and a surge of dopamine. But if there is only one winner, what happens to the other winners? They may feel discouraged, envious, or empty. However, “success” benefits everyone involved. Let's say you set a new personal best time in a 10k race, but finished 12th in your age group. At the national championship it would be recorded as a distant defeat. But you went to nationals, achieved personal bests,…

A recent shareholder lawsuit filed against the Chipotle restaurant chain challenges the company's board members and management to (1) pay more attention to customer feedback, and (2) improve product and product quality for customers. It may serve as a reminder to carefully consider the implications of cuts to services. Organizational costs will be saved and (3) shareholders will value corporate transparency more than ever in many areas.The class action lawsuit alleges that Chipotle, in a public disclosure, underestimated customer complaints that the quantities of burritos and rice bowls served at its more than 3,600 restaurants were “highly inconsistent,” according to…

Guido Torrini loves “technology and its endless applications”. With more than 20 years in finance at companies such as Cisco Systems, Dell, and Groupon, he has witnessed extensive transformations that are changing the finance function for the better. He has also lived through the boom and bust times of the technology industry. It began in the early 2000s, when networking equipment became extremely popular and Cisco overtook Microsoft to become the world's most valuable company.Currently CFO at OneTrust, a privacy and security software provider, Torrini's understanding of how to be an effective CFO and run a successful finance team has…

In the face fundamental change, the digitization of the global economy, Dan Durn, Adobe’s CFO and EVP, Finance, Technology Services and Operation, makes sure his team “Stay[s] hungry and sharp in the journey.” Even at one of the most iconic companies in the digital space, driving innovation remains key to continued success. In this episode of Secrets of Rockstar CFOs, Jack McCullough sits down with Durn to dive into the exact leadership strategies that drive that innovation. They explore the company’s journey in the digital economy, discussing how Adobe has catalyzed some of the most significant technological shifts today, the…