HR Digest

OCTOBER 22, 2018

The HR is supposed to be a true partner to the CEO, just like the CFO. The CEO and CFO should work with the CHRO to establish the causes of misses in relation to the company’s social system such as how people work and not necessarily external factors. That’s absolutely wrong. Here are the essential CHRO roles every CEO must support -.

CEO 63

CEO CFO McKinsey Human Resources 63

Mike Cardus

SEPTEMBER 17, 2013

Was struggling with sales representatives and project managers turning in expense and budget reports on-time…They told me “We have tried everything and our CFO is tired to putting out fires for us.”. On time budget requests and updates from project managers up 48%. Here is an example of a team that thought the same thing.

Cooper 139

Cooper Succession Finance Resistance 139

Surviving Leadership

OCTOBER 29, 2018

I also truly appreciated some of the business practices that leadership followed that I have missed in other organizations, including ones highlighted in McCord’s book. At this meeting, employees heard from the CEO, CHRO, General Counsel, COO, CFO, CMO, and any business leaders spearheading a major initiative.

CFO 58

CFO P&L Call Center COO 58

N2Growth Blog

AUGUST 22, 2010

If your CFO handles all communications with your banking relationships, and your Chief Investment Officer handles all of your investor relations, you’re flat out missing the boat. moravecglobal Here's another example of disconnected leadership and the consequences for, in this case, students, faculty and taxpayers.

Blog 401

Blog Gordon CEO Consultative 401

Strategy Driven

NOVEMBER 18, 2013

Make an appointment with the CFO. Talk to the person who MAKES the budget, not the person who spends it. Attitude , The Little Green Book of Getting Your Way , The Little Platinum Book of Cha-Ching , The Little Teal Book of Trust , The Little Book of Leadership , and Social BOOM! They just buy.

Proposal 58

Proposal Price Long-term Customer Loyalty 58

Harvard Business Review

JULY 8, 2013

You may have to be selfless, give up some of your budget. Certainly we know that heads of finance and HR tend to move around a lot more because the skills are very transferrable, and in fact it looks better for an HR executive or CFO to show a breadth of industry. They don''t necessarily know what a great CFO really looks like.

CEO 10

CEO CFO COO Industry 10

Harvard Business Review

AUGUST 29, 2016

Success was measured quantitatively by the firm’s performance (profit and growth) vs. that of its competitors, and also qualitatively by interviews with senior executives who were involved, but not deeply invested, in the efforts (typically the CFO). budgets and plans), the balance of power proved to be quite resilient.

CFO 9

CFO Competitive Advantage Budgeting CEO 9

Harvard Business Review

APRIL 13, 2015

After a morning innovation workshop at the bucolic R&D campus of a top-tier but tradition-rich technology giant, the lunchtime conversation with the Lab’s leadership turned strategic. “We’re really not budgeted for that,” the leadership team explained. Innovation Leadership Managing up'

CFO 8

CFO Innovation CEO Airlines 8

Harvard Business Review

DECEMBER 17, 2015

A new study by The Bridgespan Group, based on a survey of more than 400 nonprofit C-suite executives and dozens of interviews, surfaced this surprising finding and discussed how to address this leadership development deficit. Fischer had Li practice leading budget meetings and provided feedback.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

JULY 25, 2013

Effective leadership and management across these areas is possible, but not without without providing CIOs with the proper support structures and instituting necessary organizational alignment. Why Can''t a CIO Be More Like a CFO? CIOs especially need: an integrative mind. focus and vision. Exploit IT for Strategic Benefit.

CIO 8

CIO CFO Chief Information Officer Business Intelligence 8

Harvard Business Review

SEPTEMBER 9, 2014

We’ve spent an awful lot of money on technology, but I still see people working in the old way,” complained the CFO of a large hospitality company. Faced with limited budgets, companies focus on the most tangible part first – deploying the technology. Plan and budget for adoption from the start. Why does this happen?

Technology 8

Technology Metrics Budgeting CIO 8

Harvard Business Review

SEPTEMBER 25, 2013

Instead, once people have leadership responsibilities, their calendar gets crammed with more and more meetings and trips. One of my students signed up for a project to re-think best leadership practices at his company. Career planning Leadership Managing yourself'

Porter 10

Porter Delegation Learning-by-Doing Project 10

Harvard Business Review

MARCH 9, 2017

Invest significant time in training and mentoring a junior colleague so they can run the budget meetings without you. The baby’s got the flu, the employee hasn’t slept in three days, and the annual department budget is due to the CFO’s office. Work differently.

Stress 15

Stress Long-term Short-term Contingency Plans 15

Harvard Business Review

OCTOBER 6, 2015

When a company is losing sales because of price, its overwhelmed leadership might try to resolve the problem with one big price cut—but that strategy is a mistake. Budget-conscious customers are on the lookout for deals. It’s important for the company to embrace the fact that not everyone is concerned about price.

Discount 8

Discount Retail Price B2C 8

Harvard Business Review

AUGUST 15, 2013

They resist getting their hands dirty alongside the CIO, even though many of them will readily get down into the mud of a balance sheet with the CFO or strategize the details of global brand issues with the CMO. These and other IT-related problems aren''t rooted in technology but in leadership failings.

CEO 8

CEO CIO Technology CFO 8

Harvard Business Review

NOVEMBER 2, 2015

I discovered simple solution to making challenging choices more efficiently at an offsite last week with the CEO and senior leadership team of a high tech company. ” “Hold on,” the CFO responded, “this is a complex decision. Most importantly, they are decisions for which there is no clear, right answer.

CFO 8

CFO Energy Efficiency CEO 8

Harvard Business Review

JULY 21, 2016

When the CEO assigns ownership of analytics, that executive will command bigger budgets and more time on the board agenda and will oversee a powerful new pool of resources. As one financial services CFO told us, “Our mental models were so rigid that even how we thought about data itself needed to be challenged.

CEO 8

CEO Competitive Advantage ROI CFO 8

Harvard Business Review

JULY 21, 2016

With the lack of collaboration at the top in plainer sight, staff below are less likely to collaborate across units and they may begin to question the quality of their organization’s leadership. Outside executive team meetings, new committees proliferate (HR, health & safety, budget, etc.) One executive I met had 37.5

Execution 8

Execution Team Committee COO 8

Harvard Business Review

MAY 5, 2016

The year before, prompted by all this, Lumiscape’s leadership had decided to pivot from a sales model to a subscription model. “He mentioned something about surplus in their public works budget and some federal money they needed to spend,” she said. He clearly had a strong opinion on this, as any good CFO would.

Case Study 8

Case Study Business Model CFO Software 8

Harvard Business Review

MAY 14, 2012

We collaborated with our CFO to think through the budget and prize strategy. Senior Leadership Follows Through. After a receptive environment for generating ideas had been established, it fell to the senior leadership to follow through with substantial development resources. Getting the General Managers on Board.

Innovation 11

Innovation CFO Learning-by-Doing Brainstorming 11

Harvard Business Review

JANUARY 15, 2016

He also saw how Sheila, his CFO, was going to be a critical expert for the group in a year where costs and budgets were coming to the forefront. Understanding the value of safe harbor support, Todd now wanted to add more of this role to his own leadership style, and to encourage his managers to do the same.

Safe Harbor 8

Safe Harbor Goal Class Self-aware 8

Harvard Business Review

APRIL 9, 2015

“When we have to be tough, when we can’t bend, it’s because our budget has been cut or we’ve got to hit our targets for the next quarter,” says Wheeler. You may already know that the other side is under pressure because of supply-chain issues, or new leadership. It’s who they are.

Supply Chain 8

Supply Chain How To Price Case Study 8

Harvard Business Review

FEBRUARY 17, 2016

“In a leadership position, you’re always going to have to deal with people’s disappointment.” During that discussion, Carl explained that he thought Todd deserved the raise, especially if his responsibilities increased, and that there was money in the budget to give it to him.

How To 8

How To COO Report Follow-up 8

Harvard Business Review

JANUARY 31, 2018

By building a new business from scratch, he picked up essential management skills, such as running a P&L, managing a budget, and setting a strategic vision — all critical prerequisites to becoming a CEO (over 90% of the CEOs we studied had general management experience). Messy situations cry out for strong leadership.

CEO 8

CEO CFO P&L Career 8

Harvard Business Review

DECEMBER 28, 2016

When it comes time to set key performance indicators (KPIs) for the program, be sure to match them up against input from both your CMO and your CFO. Lack of momentum and sluggishness spell doom to a CX program, and leadership must propel the program. True CX leadership comes from: Ownership. Empowerment.

Attrition 10

Attrition Metrics Net Present Value KPI 10

Harvard Business Review

DECEMBER 8, 2016

Listening, Derek Melis, his friend and CFO, was relieved. The smaller ones could keep their own names, leadership teams, practices, and policies for the first five years. The lack of control meant that the leadership team had little say in how the Contect brand was being managed at a local level. Now Vera was getting worked up.

Case Study 8

Case Study Decentralization CFO Construction 8