Victoria’s Secret & Co.’s Post

I had lunch with Matthew B. Johnson today and it was great to connect in general. AND we connected over how we help #manufacturers explore growth and put pieces together to reach their desired business goals. #Consulting and #advisory trumps transactions everyday. When it comes to #siteselection the game is long, not transactional. It is about helping companies peel layers back on assumptions and unearth what is at the core of their growth and needs. The Brookshire Company is well suited to help growing companies explore what their options may be and execute on them. A little insight from CLA (CliftonLarsonAllen) on manufacturing in 2024... 2024 Manufacturing Outlook: Risks and Opportunities : 24 : White Papers : Resources : CLA (CliftonLarsonAllen) (claconnect.com)

After years of navigating an unpredictable market, manufacturing and distribution industry leaders are now focusing on 5 key areas to elevate their business performance. Learn more in this Boston Business Journal article written by Partner Mark Henry: https://lnkd.in/e3jXQp2b

Businesses that operate in the retail or restaurant spheres have it relatively easy when it comes to collections. They generally take payments right at a point-of-sale terminal and customers go on their merry way. For other types of companies, it’s not so easy. If your company is dealing with slow-paying customers, click on the link for five tried-and-true strategies for increasing your chances of getting paid - https://lnkd.in/eqwEFHaw - and if you're in North or South Carolina, contact us at any of our four locations with questions. #payments #collections #slowpaying #customers #clients

On our earnings call today, President & CEO Dr. Tom Caulfield commended the #ONEGF team for delivering on its commitments to our customers and welcomed GF's new CFO, John Hollister. Learn more about our Q4 and full year '23 #financialresults: https://loom.ly/NqNFfM0

Should CFOs and CMOs be BFFs? In my opinion, yes! CMOs cannot drive growth and, frankly, have a seat at the table without aligning closely with business strategy and financial planning. Nor can a CFO forecast accurately or understand the numbers without a clear grasp of marketing strategy. Only together can they deliver a consistent ROI for the business. It’s a topic that’s been covered by many including Campaign US already in 2020. They were looking at how during the past decade many marketers have lost control over product, placement and pricing decisions, leaving them only owning promotions. The article suggests that if this trend continues, CMOs will lose their ability to meaningfully contribute to business strategy and businesses will lose critical opportunities to create value and growth. Yet with the support of the CFO, CMOs can continue to drive real results. Earlier this year, as we integrated our product and marketing functions into a single group, I was especially grateful for the close relationship my team and I have with our CFO team. As with marketing and pricing, finance is a critical partner with product management. Together, we are so much more. Thank you Scott Krohn for inviting me to speak at your webcast yesterday. And thank you to our wonderful finance partners Allyson Norfleet, John Mullan, Kapil (Kap) Maheshwari, David Fielder, Samantha Moctezuma, Alexis Toro, Tim Schlock and Todd Loccisano. You can read the article here: https://lnkd.in/eZmzW4fk

Watching a few docudramas to prepare for our info-packed presentation on finance and accounting challenges faced by Indiana cannabis-related industries on September 18th. This 1949 Hallmark Production didn't age well. Or, did it? Come learn from a panel of more modern expert leaders in this space with FEI Indianapolis. Details here: https://bit.ly/4eqDyux

Building my industry expertise at Grant Thornton US so that I can bring market perspective and insights to my clients.

🚨 CFOs Steer a Steady Path Through Economic Volatility 🚨 The latest Grant Thornton CFO survey reveals how finance leaders are maintaining confidence in profit growth, despite navigating a turbulent economic landscape. With shifting market dynamics and global uncertainties, CFOs are focused on ensuring their companies remain resilient. Here are the key takeaways: 1️⃣ Steady Profit Forecast Amid Uncertainty: Despite a shaky economic outlook, 79% of CFOs expect net profit growth over the next 12 months—a 10-quarter high. This shows that even with declining confidence in areas like cost control and demand forecasting, finance leaders believe they can still deliver long-term profitability. 📊 2️⃣ Cost Optimization with Caution: Human capital expenses remain the top focus for potential cuts (42%), but workforce rationalization is at a five-quarter low, signaling a lighter approach to layoffs. Other key areas for cost reductions include consulting fees (40%) and vendor/supplier costs (37%). Companies are also looking at trimming investments in long-term strategic initiatives while being cautious about reducing headcount. 💡 3️⃣ Tech Investments on the Rise: Despite cost-cutting efforts, 66% of CFOs plan to increase spending on IT and digital transformation over the next year. The belief in the power of technology to drive efficiency and maintain competitiveness is strong, with AI playing a bigger role in customer-facing areas. 💻🤖 4️⃣ Sales & Marketing Budgets Rebound: After reductions in 2022 and 2023, 56% of CFOs now plan to boost sales and marketing budgets in 2024 to gain market share. This marks a notable shift, showing renewed focus on driving revenue through differentiation and growth. 📈 5️⃣ Watch for M&A Opportunities: 54% of CFOs expect M&A activity to rise in the next six months, with 67% of M&A professionals predicting increased deal volume. As interest rates stabilize, companies may see this as an opportune time to pursue inorganic growth through strategic acquisitions. 🔄 🔗 As we navigate through uncertain economic conditions, CFOs are adapting quickly—balancing cost-cutting measures with long-term investments in technology, sales, and M&A strategies to keep their businesses on a profitable path. https://lnkd.in/diSNZXXJ #CFOLeadership #FinanceResilience #CostOptimization #TechInvestment #SalesGrowth #MAOpportunities #Volatility

𝗔𝗹𝗺𝗼𝘀𝘁 𝟲𝟬% 𝗼𝗳 𝘀𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀 𝘃𝗼𝘁𝗲 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝗖&𝗖 𝗚𝗿𝗼𝘂𝗽 𝗿𝗲𝗺𝘂𝗻𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗿𝗲𝗽𝗼𝗿𝘁: Almost 60% of shareholders at C&C Group – owner of the Tennent’s, Magners and Bulmers Ireland brands, and Matthew Clark, Bibendum Wine and Walker & Wodehouse – have voted against the company’s remuneration report. At the company’s annual general meeting (AGM) on Thursday (15 August), a total of 59.50% voted against the resolution. However, as the vote was advisory, the company is not required to take action. C&C Group stated: “Over the last year, we have engaged with shareholders about executive remuneration in connection with the new directors’ remuneration policy and 2024 long-term incentive plan, which the board notes were approved by 94.20% and 98.84% of shareholders at the AGM, respectively. We will engage with those shareholders who decided to vote against this resolution during the coming months to understand their concerns. In accordance with the UK corporate governance code, we will provide a website update in due course and a final summary in the next annual report and accounts.” C&C Group had earlier reported that group earnings have been in line with expectations in the financial year-to-date.

Check out the recent article by our Grant Thornton LLP (US) leaders Kevin O'Connell and Doron Haramati on how loyalty program ensures the performance of business and delivers marketing ROI. Know more about what brands actually experience with loyalty program and the key challenges to it. #loyaltyprogram #business #budget #performance #customeracquisition #strategies #grantthornton