The Evolution and Elevation of Corporate Philanthropy Corporate philanthropy has evolved immensely over the past few decades. Our recent conversation with three CEOs adds light to this shift and provides helpful insights to others that are looking to weave philanthropy more tightly into the culture of their companies. Below, we share the corporate philanthropy experiences …
Category Archives: Blog
Enterprise Sustainability – Cash and Context The COVID pandemic impact hit hard and fast. Before the government could roll out supportive mechanisms in response to the pandemic, many businesses simply ran out of cash along with options that could have kept their doors open. No one could have fully foreseen COVID-19’s economic impacts, but many …
Nonprofit leadership can be particularly hard-hit by unforeseen crises. In most instances, they face these challenges with lower financial reserves than most – reserves that could help them weather the storm were they more substantial. As supporters and contributors contend with personal and business concerns of their own, fundraising efforts languish and donations drop. As …
“You can’t manage what you can’t measure.” Peter Drucker Part I of this post covered the first four metrics that are the macro drivers of valuation, including ARR, Bookings, the Cash Conversion Score, and the Rule of 40. Part II covers additional metrics that provide powerful insights derived from measuring SaaS unit economics. Here are …
“If you don’t know your numbers, then you don’t know your business.” -Marcus Lemonis There are many reasons that SaaS software companies fail, including lack of product and/or market fit, an inadequate sales organization, and a lack of capital. Don’t be one of those failures.. This two-part series is for SaaS executives who want to …
Why CFOs Should Embrace Diversity, Equity, and Inclusion In my conversations with many C-suite executives, I have observed that diversity, equity, and inclusion initiatives are often approached by organizations and the leaders within them as a “feel-good” initiative – the right thing to do. Diversity is so much more than that. The tenets of diversity …
This article is co-authored by Chris Hysinger, Consulting CFO, and Kelly Wells, Senior HR Consultant. The American Rescue Plan Act (ARPA) became effective on April 1, 2021 and extended federal reimbursement provisions that were put in place by the Coronavirus Aid, Relief, and Economic Security Act. Included among ARPA’s many provisions were significant updates to …
Houston’s Innovation Economy is a Go for Launch! Historically, Houston has not gotten much respect as a hub for innovation. Having styled itself as the “energy capital of the world”, most people still associate its economy with the extraction and processing of hydrocarbons, an industry very much seen as one that will wane (albeit not …
This post on navigating crisis is co-authored by Ashford Chancelor, Dallas Practice Manager & Consulting CFO with vcfo, and James Savage, CEO at Kingsbrae Global, a corporate brand reputation and communications firm based in Dallas. How Businesses Can Navigate Crisis to a Path of Prosperity In a previous blog, we wrote about the four historical …
Healthcare systems have long been challenged to optimize the collection of payments for the care they provide to patients. As demands on healthcare systems have markedly increased in recent years, so too has the importance of effective healthcare revenue cycle management (HCRCM) practices. Still, surprisingly few organizations have a good handle on HCRCM while most …