The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business alliances to provide as-needed skills, services, and products. To optimize these alliances, finance should enter the discussion as early as possible. Find out where finance’s true value lies when realigning strategic objectives to include business collaboration.
China are new, says Erick Haskell, CFO for greater China for sporting-goods manufacturer adidas, which had more than $16 billion in worldwide sales in 2007. For example, with law you don’t have hundreds of years of legal training to rely on [here]. Yet the country is just growing so fast and demand is growing so fast for these kinds of things, they can’t develop the people quickly enough. While China goes through these growing pains, Mr. Haskell fi nds that he is constantly surprised at some of