Everyone understands the importance of data in an organization. After all, data is the new oil in terms of its value to a corporate treasury and indeed the wider organization. However, not everyone is aware of how best to utilize data. This article will tell you.
The great resignation is the phenomena of workers quitting their jobs to pursue other career opportunities at historic rates since the start of 2021. The great resignation trend started in the USA and was triggered by the COVID-19 pandemic, which gave many people the opportunity to rethink and re-prioritize their work-life balance. Combining this great reshuffle trend and the hiring crisis (in general) with the specific skillset required in the treasury field, corporate treasuries experience an enormous challenge to find qualified resources.
What will the next year bring for corporate treasury? Now that we have passed and are still in an uncertain period, it is time to discover opportunities to reposition and prepare for new challenges and developments. How should you, as a treasurer, prepare for another unpredictable year? What can your company, and the treasury organization specifically, do to add value by recognizing the trends? How can Treasury contribute to dealing with current challenges in global supply chains?