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HR Finance 101: A Guide To Finance for HR

AIHR

The main responsibility of finance is to allocate and monitor resources that support the goals of the organization while ensuring a balance between revenue and costs. Improving financial strategy: HR needs to understand the factors that drive costs and revenue in their organization. The foundations of finance for HR.

Cash Flow 136
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How To Ensure Resilience In Challenging Times

Chief Executive

These events require decisive internal responses, such as changing suppliers, revisiting processes, restructuring the business, or cutting costs. Moreover, any change induced by an external event must be made with the customers’ best interest in mind. With estimates of the global talent shortage resulting in $8.5

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Delving into the Impact of Running a Debt-Free Business

Chris LoCutro

Navigating Business Challenges Without Debt One of the biggest issues with debt is that it becomes a burden when unexpected events occur. Debt payments don’t pause when your revenue plummets during unexpected downturns. The true measure of business success extends beyond the balance sheet.

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Transformation During Crisis | Simon Leslie

Peter Winick

So Simon’s business blew up, lost a ton of revenue, lost a lot of sleep, lost a lot of stuff, and then built it back up in a in a more digital, really amazing way. And if you took all the worst events of the of the early 2000s, this was ten times worse in all of them. That would probably be it. And I’ve been tested.

Travel 173
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Do You Know What Your Company’s Data Is Worth?

Harvard Business Review

For example, at the end of its 2015 fiscal year, Apple’s balance sheet stated tangible assets of $290 billion as a contribution to its annual revenues, with approximately $141 billion worth of intangible assets — a combination of intellectual capital, brand equity, and (investor and consumer) goodwill.

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5 Ways to Increase Your Cross-Selling

Harvard Business Review

The company does deep data mining through multiple sources to spot signature events in customers’ lives. Those events trigger USAA to contact the customer at just the right time, with just the right offer, such as auto insurance when a customer’s daughter is about to turn 16. Take a balance-sheet view.

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Blockchain Could Make the Insurance Industry Much More Transparent

Harvard Business Review

Insurance policies and lottery tickets have the same payoff properties, with the one claimed on bad news or undesirable events and the other claimed by very happy lottery winners. In 2015 these top three players generated 48% of the revenues among the top 50 brokers in the U.S. If a lottery is not honored, the claimant has recourse.