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Finance Unleashed: A Practical Model

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Finance Unleashed
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Abstract

In this chapter, we provide you with a practical model for implementing customer-centricity, supply chain process thinking, and innovation agility. It is a model for getting you from here to there and to assist executive teams and boards (with an emphasis on the CFO) with the redesign and refocus of finance. The model has three primary components or phases:

  1. 1.

    Customer-centric – Listen & Map

  2. 2.

    Process – Structure & Technology

  3. 3.

    Innovation – Create & Measure

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Notes

  1. 1.

    Alex Hoff , “How to Optimize Pricing to Drive Margins and Customer Experience,” CFO Innovation, May 22, 2017, https://www.cfoinnovation.com/story/13089/how-optimize-pricing-drive-margins-and-customer-experience.

  2. 2.

    Michael Reilly , “Google Now Tracks Your Credit Card Purchases and Connects Them to Its Online Profile of You,” MIT Technology Review, May 25, 2017, https://www.technologyreview.com/s/607938/google-now-tracks-your-credit-card-purchases-and-connects-them-to-its-online-profile-of-you/?set=607959.

  3. 3.

    Hermann Simon , Confessions of the Pricing Man (New York: Springer, 2015).

  4. 4.

    Magnus Lind , “Cash Forecasting – Everything You Need to Know,” LinkedIn Publishing, April 14, 2015, https://www.linkedin.com/pulse/cash-forecasting-everything-you-need-know-magnus-lind.

  5. 5.

    “Design Thinking,” Accessed July 1, 2017, https://www.ideou.com/pages/design-thinking.

  6. 6.

    Big Think, “A Discussion About Crowdsourcing and Open Innovation with Dwayne Spradlin,” YouTube Video, 10:49, https://www.youtube.com/watch?v=GrHcVikkH3k.

  7. 7.

    John Kinzer , “Why You Should Raise Money When You Don’t Need To,” thinkgrowth.org , May 19, 2017, https://thinkgrowth.org/why-you-should-raise-money-when-you-dont-need-to-365df0ad867d.

  8. 8.

    “Debt: Use It Wisely,” International Monetary Fund, October 2016, https://www.imf.org/external/pubs/ft/fm/2016/02/pdf/fm1602.pdf.

  9. 9.

    Reinhart, Carmen M. and Kenneth S. Rogoff, This Time Is Different: Eight Centuries of Financial Folly (Princeton, New Jersey: Princeton University Press, 2009).

  10. 10.

    Hervé Hannoun , “Sovereign Risk in Bank Regulation and Supervision: Where Do We Stand?,” Deputy General Manager Bank for International Settlements, October 26, 2011, http://www.bis.org/speeches/sp111026.pdf.

  11. 11.

    Daniel Woolls and Harold Heckled , “Spain’s Banks, Government Co-dependent on Debt,” U.S. News and World Report, June 25, 2012, http://www.usnews.com/news/world/articles/2012/06/25/spains-banks-government-co-dependent-on-debt.

  12. 12.

    Louise Armitstead, “Debt Crisis: Central Bank Action is Work of the Devil, says Germany’s Jens Weidmann,” The Telegraph, September 18, 2012, http://www.telegraph.co.uk/finance/financialcrisis/9551348/Debt-crisis-central-bank-action-is-work-of-the-devil-says-Germanys-Jens-Weidmann.html.

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Lind, M., Barner, K. (2018). Finance Unleashed: A Practical Model. In: Finance Unleashed. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-66370-8_18

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