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The Big Shift: Demand for Future Work Skills in 2021

HR Digest

Workers who adapt and grow with the organization in a time of accelerated change will be able to launch products and services that meet market needs. Digital transformation managers. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO.

Skills 145
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The Essential CHRO Roles Every CEO Must Support

HR Digest

Most CEOs rank HRs as the eighth most important function in their organization, according to a research by McKinsey. The HR is supposed to be a true partner to the CEO, just like the CFO. That’s absolutely wrong. Here are the essential CHRO roles every CEO must support -. 1. Predicting outcomes.

CEO 63
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Nice Guys Can Finish First

Marshall Goldsmith

Who would you rather have as a CFO? A moderately good accountant who is great with people outside the firm and skilled at managing very smart people? What if you had to prepare a resume where you couldn’t highlight the elite college you graduated from, or your five years at McKinsey, or even your title at your current job?

Chemicals 133
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Morning Advantage: My Kingdom for a Developer

Harvard Business Review

If you can't find 'em, you better keep 'em and train 'em, say three McKinsey consultants writing in their firm's eponymous quarterly. You'll be grooming more complete managers and exposing your talent to a broader array of opportunities. It's an "irreplaceable motivator for high-performing technology staff," McKinsey reports.

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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

The 1990s saw the rise of the strategic CFO, and more recently many companies have created a chief strategy officer (CSO) position. Such friction is destructive — and a huge missed opportunity, because the CFO and the strategy head are far more effective when they collaborate. Tapping the most promising growth spots.

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What It Will Take to Fix HR

Harvard Business Review

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 9
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Why and How to Build an In-House Consulting Team

Harvard Business Review

In-house strategy and consulting groups are growing in popularity , supplementing and increasingly winning business from traditional consulting firms such as McKinsey & Company, Boston Consulting Group and Bain & Company. McKinsey, Bain, or Boston Consulting Group). We call everybody within the company a “client.”