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Google Restructures Finance Organization to Prioritize AI Investments

CEO Insider

In a memo circulated on Wednesday, Chief Financial Officer Ruth Porat unveiled Google’s plans to restructure its finance organization, signaling a strategic shift towards prioritizing investments in artificial intelligence (AI). Copyright CEOWORLD magazine 2023.

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Performance Measurement

Strategy Driven

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

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How to Innovate When You're Not the Big Boss

Harvard Business Review

Given the unrelenting pace of change surrounding organizations in virtually every industry, companies are looking for executives who know how to innovate and introduce change, not simply caretakers who can manage the status quo. Senior management doesn't really encourage innovation, you'll hear. They won't let me take risks."

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Surefire Predictions and Why Doomsayers are Wrong

Harvard Business Review

Innovative forms of financing, such as Kickstarter, will continue to grow, also invented by social entrepreneurs. Live performances will fuel economic booms; performers will make more money from merchandise sales at events than from albums, as Jazz Roots founder (and my friend) Larry Rosen observed.

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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

Innovation is widely regarded as important to long-term business performance. We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D.

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3 Changes Retailers Need to Make to Survive

Harvard Business Review

Pioneers of new business models, such as Alibaba and Amazon, are launching innovations in rapid succession, such as voice ordering and real-time pricing, while simultaneously building scale and driving down costs. Danita Delimont/Getty Images. Few industries are being disrupted as drastically as the retail industry.

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Rethinking the Function of Business Functions

Harvard Business Review

Business units come and go, but finance, HR, IT, marketing, legal, and R&D are forever. It has sophisticated functions that together manage user-generated content, the in-depth tracking of consumer buying behavior, and the innovation of new features based on the resulting insights. Permanent cross-functional teams tend to fare better.