HR Digest

OCTOBER 22, 2018

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

CEO CFO Human Resources McKinsey 63

HR Digest

NOVEMBER 20, 2020

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. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO. Reskilling and Upskilling: What’s the Difference?

Skills 145

Skills Emotional Intelligence CFO Power 145

Marshall Goldsmith

JUNE 16, 2013

Who would you rather have as a CFO? 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? All other things being equal, your people skills (or lack thereof) become more pronounced the higher up you go.

Chemicals 133

Chemicals Welch CFO CEO 133

Harvard Business Review

JUNE 5, 2012

If you can't find 'em, you better keep 'em and train 'em, say three McKinsey consultants writing in their firm's eponymous quarterly. It's an "irreplaceable motivator for high-performing technology staff," McKinsey reports. Facebook Flop Won't Scare Off Growth-Company Listings (CFO). INSIDE OUT OR OUTSIDE IN?

Development 13

Development McKinsey CFO Competitive Advantage 13

Harvard Business Review

JANUARY 11, 2016

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. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

JULY 29, 2014

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 10

CFO Charan Intangible Assets Human Resources 10

Harvard Business Review

JUNE 22, 2012

Just take a look at these excerpts from interviews with global leaders at McKinsey Quarterly — they read like transcripts from a therapy session. We used to be the antidote to obesity in America, and then one morning I woke up with a black hat on my head because our product comes in a bottle.” It isn't easy.

CFO 13

CFO McKinsey Uncertainty Globalization 13