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CFO Insider is a bi-weekly newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts.
A recent Deloitte survey of CFOs at mostly publicly traded companies with more than $1 billion in annual revenues found that top finance executives are growing increasingly pessimistic. In the first quarter of this year, their expectations for revenue, earnings, capital spending, and domestic hiring all declined. Additionally, their view of the North American economy faltered, and their outlook on China hit a new low. They cited global economic performance, oil/commodity prices, capital market risks, and the possibility of new regulations as top risks.
Here are 18 books Wall Street professionals will be reading this spring (Business Insider)
Need some new reading material? Dave Lutz, the head of ETF trading and strategy at JonesTrading, compiled a dizzying list of the books Wall Street will be reading on “spring break” this year. Business Insider highlighted the top 18 that should be on your reading list.
If you’re thinking of making a job change, there are a few important points to consider first, writes executive employment expert Christine Osvald-Mrus on CFO.com. For example, you want to be sure you understand the details of a non-compete agreement, severance terms, deferred compensation, and other important elements of your employment contract.
How to build trust with investors and customers (The Wall Street Journal)
Ingo Uytdehaage, the CFO of Dutch payment processing business Adyen BV, told The Journal that when he joined in 2011 his top priority was to turn the company profitable. That alone would be the best bridge to future investors. “Being in a position that you don’t urgently need the money is a very powerful way to further build the company,” he said.
A recent BuzzFeed profileof Sundar Pichai paints the new Google CEO as an even-keeled, relatively predictable kind of guy. And that may be his secret to success. Research suggests that, contrary to popular belief, boringness is a key trait of effective leaders, since it shows emotional maturity. Indeed, an analysis by Google, which was cited on Inc., revealed that the best leaders are predictable and consistent.