Because people are so important to an organization, they need to be looked after – otherwise the risk is that the organization starts to lose its top talent elsewhere. Some might ask what difference does it make if staff attrition is, say, 2% – does it really have an impact on the business? What if […]
What is working capital? Working capital is an economic term used to describe the capital that a company needs to run its business. It includes all assets and liabilities related to the company’s daily operations. Working capital can be divided into two main categories: assets and liabilities. Assets include anything the company owns that can […]
What is the SFDR and what does it affect? The EU’s Sustainable Finance Disclosure Regulation (SFDR) aims to prevent greenwashing, improve the transparency of investment products by increasing sustainability information, and promote the green transition by channeling cash flows towards more sustainable investments. It includes three legislations: the Taxonomy Regulation, the Sustainability Reporting Directive (CSRD), […]
What is Cash Flow Analysis? A cash flow statement is a financial report that shows how much money comes in and out of a company’s bank account over a given period of time. It includes both money coming in from sales and other income, as well as cash outflows for various purchases. The cash flow […]
A new season of Greenstep Podcast is all about HR topics. In the first episode of the season, Timo Leskinen, EVP of Human Resources at Vaisala, and Kati Tuovinen, Head of HR Business at Greenstep, took an in-depth look at social responsibility from an HR perspective. Vaisala, known for its sustainability work, has been selected […]
There are some viable options in the market when you’re in need for the next level in Netvisor reporting. However, BI Book has several key benefits that make it stand out from the competition. It’s high level of automation, shareability, connectivity and the fact that its data is always up to date have made BI […]
What does it actually mean to manage your own work using data? Why is it worth doing? And what does digital intelligence even mean in practice? As someone who’s been around for a while (yes, I admit, a bit old-school), I still find that despite decades of discussion, digital and data topics can feel surprisingly […]
René Rohrbeck is best known for his pioneering work on the future preparedness of organizations. Rohrbeck has developed the Future FITness model, which measures the ability of organizations to use foresight to drive innovation and transformation. He is also a professor of strategy at universities in France and Denmark, and director of the Chair for […]
Different forms of financial reporting Traditionally, companies have relied on reporting tools built on top of their accounting and finance systems. This kind of reporting provides a historical snapshot of how the company’s business has performed from a financial perspective. An income statement shows profitability, sources of income, and how resources have been spent. Reporting […]