Moderna's Nouba Afeyan On Entrepreneurship | CFOs Prepare For After The Pandemic | Inside The Forbes Next 1000

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At our Forbes CMO Next 2021 event last week, dubbed “Paradigm Reset,” Forbes revealed our first-ever CxO Growth Survey, a comprehensive look at how C-suite executives are working together to chart a course for long-term, sustainable growth. As part of our overall Forbes CxO platform, it's a deep-dive look at the interactions between C-suite executives, how they're connecting and collaborating in new and important ways to deliver on brand and business growth expectations in a changed world. Now more than ever, C-suite alignment is key.

2020 was a year of challenges, but CxOs are largely optimistic that their organizations will emerge stronger from the pandemic. The global study of 500 CEOs, CMOs, CIOs, CFOs and CHROs at companies with more than $1 billion in annual revenues found that executives are uniformly aligned around four key strategies: accelerating digital transformation, enhancing customer experience, investing in talent and sharpening brand purpose. Expect ongoing research from us in this area, with data that will help CxOs lead their businesses forward. You can read more
here

Elsewhere in executive news, this week we highlight Target’s naming a new chief marketing and digital officer, Cara Sylvester, with former CMO Rick Gomez moving to EVP and chief food and beverage officer at the company, and five steps CFOs can make now to build a strong team for recovery.

Jenny Rooney

Jenny Rooney

Communities Director and Chair of the CMO Network

Comings & Goings

Target has appointed Cara Sylvester, previously its SVP of merchandising for home products, as its new chief marketing and digital officer. The move, made to strengthen the company’s shift to digital retail, is part of a broader shakeup in the Minneapolis-based retailer’s C-suite.

Leadership & Strategy

Forget logistics, hiring or real estate—the biggest challenge in the post-pandemic world may be even more straightforward: Rebalancing communication. Whether with your team or clients, striking the right balance between in-person, virtual and written communication is essential (and harder than you might think).

The economic crisis of the past year has significantly expanded financial officers’ responsibilities. If you’re a CFO preparing for the post-pandemic landscape,
these five steps can ensure your flexibility and efficiency.

While the pandemic has disrupted travel, it may have made international business
more accessible than ever. Consumers around the world have shifted to online retail, and services like Alibaba’s digital “Tmall” are allowing American corporations to sell directly to overseas customers.

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By The Numbers

104.8%

Amount that the Nasdaq Composite Index is up since last March.


The ongoing bull market has been a boon to investors in the U.S., but the surprisingly rosy picture (particularly in light of the pandemic) has some analysts predicting that a major market correction is looming.

The CxO Profile

 
Moderna Cofounder Noubar Afeyan On Innovating To Drive Real Change
 
 
 
Moderna Cofounder Noubar Afeyan On Innovating To Drive Real Change

At first blush, it would appear that Noubar Afeyan hit the jackpot. The cofounder and chairman of Moderna, Afeyan is leading one of the most important businesses in the world, but not by chance. A serial entrepreneur, Afeyan has founded 38 companies and is the living embodiment of a serial entrepreneur. “If you kill off every ugly idea because a key opinion leader or due diligence told you it’s a bad idea, you will kill off most of the extraordinary things you would have ever worked on,” Afeyan recently said at an event in Montreal.

Read More →
 

Across Forbes

 
Billionaire Clover Health CEO Vivek Garipalli’s Expletive-Ridden Tirade
 
 
 

Healthcare

Billionaire Clover Health CEO Vivek Garipalli’s Expletive-Ridden Tirade

With his health insurance company facing an army of short sellers and investigations from the SEC and DOJ, the pugnacious chief executive responded with an epic late-night meltdown.

From cutting-edge science to biotech and business, stay up to date on the most important health news. Click here to instantly sign up for the weekly InnovationRx newsletter.

Read The Full Story →
Photo Description Unknown
 
 
Forbes Advisor | Smart Financial Decisions, Made Simple
With New Digital Banking Offerings, Greenwood Aims To Close Racial Wealth Gap

At a time when Black-owned banks are disappearing through closure or consolidation, digital banking startup Greenwood Financial, which launched in October 2020, is showing Black banking’s resiliency with its Black- and Latinx-focused offerings.

Learn More →
 
 
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