A lot of research conducted during the earlier financial downturn has demonstrated that companies which emerged stronger are the ones that had prepared in advance for the recovery and the changed the normal. So, cost reduction programs could also be about spending wisely. Organisations are using this time also to invest in deepening their customer relationships – in transporting the customer to a different arena, capitalising on digital services, remote commissioning, troubleshooting and other services, innovative packaged offerings for greater value, etc. Such times bring about the opportunity for us to rethink our cost structures and the way we conduct our business, among other things. It is therefore important that any plan-ahead teams are supported by early investments be it in customer engagement, adaptive operations and fueling innovations as the recovery sets in. … [Read more...] about COVID-19 impact | CFO’s choices in steering companies to ride the new normal
Factors impacting foreign investment
It’s something that needs to happen anyway, to deal with climate change. To hit a climate target of 1.5 or 2 degrees Celsius, the entire global economy will need to reach net-zero emissions. That includes changing the way that buildings are heated and how kitchen stoves are powered, not only in new buildings, but in every house that already exists. (Gas stoves are also very bad for the air quality in your home.) “The large majority of buildings that will be standing in the middle of the century are already standing,” says Mike Henchen, who focuses on building electrification at the nonprofit Rocky Mountain Institute. “They’re not going to be able to burn fossil fuels if we’re going to reach our climate goals.” … [Read more...] about What will it take for cities to get rid of natural gas?
Using the strategies These strategies were typically used as additional information within a sentence. For example, if Maloney, the senior fellow at Brookings, were to cut her disciplinary expertise in the following sentence—the phrase within the commas—it would still make rational sense: “From my perspective, as someone who works on Iranian internal politics and economics and on the U.S.-Iran relationship, we are coming at the end of a long period of limbo.” … [Read more...] about 11 science-backed ways to boost your credibility when you work remotely