The CFO and sales leader have significant impact on their company’s ability to deliver on its strategies through processes. Unfortunately, the relationship between finance and sales is often more confrontational than collaborative. Given CFOs’ expressed interest in spending more time understanding customers — and sales teams’ concerns about re-engaging and re-energizing relationships strained by the pandemic — now is the ideal time for these reluctant partners to get together to improve their ability to measure and grow the “relationship capital” on which sales and enterprise growth depend. The author offers four strategies for focusing on customers and the customer experience
Growth stocks have been pummeled recently. While this is partly evidenced by the tech-heavy Nasdaq Composite‘s 6% slide since Feb. 13, this doesn’t fully capture the beating many growth stocks have taken since the Nasdaq isn’t comprised entirely of growth stocks. Many growth stocks have fallen even further during this period.
While sell-offs are painful for shareholders, investors should keep in mind that lower prices lead to greater long-term prospects (assuming nothing has changed about the underlying business’ long-term potential). In fact, this pullback has created buying opportunities in some growth stocks. Two that are looking particularly attractive are
ROBIN LI SMILED when asked at a corporate shindig in 2014 to reflect on his path to becoming, at the time, China’s richest man. “I’m just lucky,” he insisted. Mr Li, co-founder and boss of Baidu, a Beijing-based search engine, may have been trying to project modesty. But his words could also have been taken literally. Thanks to government censorship, Google is inaccessible in mainland China. That leaves Baidu as the unrivalled leader in Chinese search. Slowing advertising revenues, however, are now taking it down a different road.
The world’s biggest investor in hedge funds has hired former hedge-fund manager Scott Bommer to launch a new growth strategy, a move aimed at expanding
Group Inc.’s hedge-fund business with offerings intended to generate big returns for clients.
The Blackstone Horizon platform, to be run by Mr. Bommer, will thematically invest in money managers focused on fast-growing public and private companies, Blackstone said. Horizon also will invest directly in stock markets.
The main fund of hedge funds at the Blackstone business had missed out on some of the rich returns coming from growth investing in recent years
Yardeni Research President Ed Yardeni and Evercore ISI Chairman Ed Hyman provide insight into economic growth, today’s markets and the Federal Reserve.
The U.S. economy added 379,000 jobs in February, evidence the labor market’s recovery is gaining steam nearly one year into the pandemic as coronavirus caseloads fall nationwide and many states ease restrictions on business activity.
The unemployment rate fell slightly to 6.2% — well below the April peak of 14.7% but about twice the pre-crisis level, the Labor Department said in its monthly payroll report released Friday. Economists surveyed by Refinitiv expected the report to show that unemployment
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