Phil Young

Here today, gone tomorrow

Basing future growth on existing growth is a risky business. Financial forecasting and financial planning are two essential…

Artificial immunity

AI could one day protect banking from human frailties. When it collapsed in March 2023 with $209 billion…

The price shock pathogen

Baumol’s Cost Disease shows why the inflationary spiral is hard to reverse. Inflation was so low, for so…

Fabless is blameless

The asset-light model is being falsely charged for the global chip shortage. In the early 2000s, I held…

Cashflow is the fount of life

Working capital is crucial. But for many, cash is still king. Chief financial officers have a lot to…

The first days of fintech

Fintech was a revolution born in the 1970s. In 1977, Fleetwood Mac released the classic album Rumours, the…

Show me the money

Financial education on digital transformation is missing in action. Digital transformation has come to be recognized by chief…

Knowledge to rent

The humble textbook is a microcosm of an irrepressible trend. A publisher wrote to me recently. She wanted…

All luxury leads to China

China was the route into the pandemic. For businesses, it’s probably the route out. The developed world is…

Not surviving but thriving

Some firms have seized the opportunities created by the pandemic. The downsides have been well documented. Few businesses…

You must invest in agility

These days, it is hard to sound like a consultant without using the terms ‘agile’ and ‘pivot’ in…

Every industrial era is defined by a key financial measure. This is ours.

Enter the new ‘RACE’ for revenue. It’s a good idea to see your world through the eyes of…

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