The continued low interest rate environment, ongoing regulatory reform and record stockpiles of corporate cash have contributed to a renewed focus on the investment policy process. While most large companies have an investment policy statement to help guide their cash investments, many privately held or smaller firms may not. It is considered best practice for companies to implement one.
Read the entire article here. [...Continue Reading]
As the US economy continues to strengthen, many treasury teams are wisely reviewing established payment practices to allow them to take full advantage of new growth opportunities. A US company that has taken the time to explore and implement finance and treasury processes that work best with international suppliers and customers will have greater opportunities to maximize rewards and gain a competitive advantage.
Read [...Continue Reading]
Control of information and data equates to control of people and markets. Warnings from Milton to Orwell and the ideological struggle between capitalistic and socialistic market approaches increasingly result in greater wealth and freedom.
At Chicago’s Techweek 2011 conference, the evolution toward freedom and away from control manifested in Friday talks through the benefits of greater access to raw data, whether government data or [...Continue Reading]
Recent economic reports present a mixture of disregard, denial, and disinterest. The Bureau of Economic Analysis reported GDP growth of 1.8%. The Economist wrote about how debt problems are constantly explained away and asked on its April 28, 2011 cover, “What’s wrong with America’s economy?” The Chairman of the Federal Reserve held a first-ever press conference that one writer tagged as “the message was [...Continue Reading]
In February 2011, economists told us that the Great Recession is receding, if not over. If many consumers—and their banks—still feel mired in that same recession, at least the fiscal crisis of 2008 is history. The markets are stable, business profits are up, employment is improving, and it looks like the free fall in real estate values for homes, office buildings, hotels, and shopping [...Continue Reading]
Inflation is the top economic concern of the Chinese government, said Kok-Chi Tsim, Managing Director and Senior Relationship Executive at JPMorgan Chase Bank, Chicago. He spoke March 30 at the monthly luncheon of the Economic Development Council of Chicago on “China’s Economic and Business Environment.”
The concern for inflation flows from one underlying economic fact: “China is a rich country with still a lot [...Continue Reading]
The Three Biggest Hurdles for Chicago’s Entrepreneurs
Challenge 1: Getting known
Challenge 2: Capital to grow
Challenge 3: Finding and keeping Chicago talent
(Delicious tags: chicagoinnovationeconomy)
Marketing as Stortelling
A story of the Trapp family lodge (Sound of Music) and its use of social media, with an emphasis on the story writing process.
(Delicious tags: marketingsocialmedia) [...Continue Reading]
China and India remain high on the financial and banking agenda, with attendees at SWIFT’s Sibos 2010 conference packing the room for a session called “India and China: How Do You Choose?” The rise of China especially, in both currency and trade, played as a theme through Sibos, the annual financial and banking conference held in Amsterdam this October.
Many U.S. and Europeans are [...Continue Reading]
Social media marketing takes the next step in 2010, from the next new thing to a powertool in the integrated marketer’s toolbox, for both business-to-business and consumer marketing, as reported last week in major marketing and technology media articles and blog posts.
Optimism, accountability, social media top trendsBtoB Magazine reports “cautious optimism,” especially over ad budget increases, and the “integration of social media as [...Continue Reading]
Here are quotes and assessments on the economy in 2010 from panelists at tonight’s Massachusetts Institute of Technology Enterprise Forum Chicago program on the Economic Outlook for 2010. Tim Curley, a financial advisor at UBS Financial Services, moderated in front of a sell-out crowd.
Bryce Bulman, Senior Vice President, PIMCO/Allianz Investment Management
“PIMCO coined an expression called ‘the new normal.’ We’re not setting to [...Continue Reading]