HR Digest

AUGUST 23, 2023

In an earnings call on Tuesday, UPS CFO Brian Newman reported that the company decreased compensation and benefits by $205 million in the second quarter by eliminating 2,500 managerial positions annually. At a Tuesday earnings call, Donald Bassell, CFO of ARKO, a convenience store operator, reported that personnel costs had increased 6.5%

Conference 52

Conference CEO CFO Planning 52

N2Growth Blog

JULY 25, 2022

The CFO candidate might get by with only a broad sector experience in manufacturing, finance, or technology. They know where niche talent resides and can call upon a global network of partners with deep sectoral, geographical, and technological areas of expertise. A reputable firm like N2Growth will make all the difference.

Execution 392

Execution Company Charisma Constraint 392

Great Leadership By Dan

MAY 22, 2018

As Craig’s CFO and CAO, I always appreciated this leadership style. Build great teams In the early dark days as CFO of Footlocker, we had a struggling company that was deeply in debt. Be an engaged listener As a young executive and newly appointed CFO, I was fortunate to work for Jim Hageman.

CFO 169

CFO Leadership Ethics Long-term 169

Chart Your Course

JANUARY 13, 2017

Business leadership researchers tell us that the best traits for your CFO are emotional stability and global ethics. In the days after the Sarbanes-Oxley Act of 2002 (SOX), a chief executive cannot hide behind the acts of the CFO. Your CFO should be Captain America with the emotional range of a rock.

CFO 100

CFO Chief Financial Officer Team Ethics 100

N2Growth Blog

JULY 17, 2014

I had the opportunity to sit with Lewis Booth , former CFO of Ford Motor Company, who along with the senior executive team, led the successful turnaround and global repositioning of Ford. Each global region gets 10 min. to present their charts and each “Skill Center” gets 5 minutes. They truly are efficient!

Review 349

Review CFO Operations Efficiency 349

HR Digest

NOVEMBER 20, 2020

With creativity’s ties to innovation and the global economy experiencing a significant growth mode, this personal ability was transferable across a range of organizational needs. As the ascent of social unrest, economic uncertainty, and an ongoing global health scare continue, this super skill merits more focus. For Organizations.

Skills 145

Skills Emotional Intelligence CFO Power 145

Eric Jacobson

MARCH 22, 2023

Fisher Over the past 20 years, Fisher has developed trusted relationships with a broad cross-section of global business leaders and the companies they shape. To The Top aims to close the gap by providing aspiring female leaders with the key to unlocking their own corner office.

Succession 74

Succession Open-book Leadership Styles Leadership 74

CEO Insider

APRIL 24, 2023

China has leapt ahead of the US in the race to global domination. Many statistics support this conclusion, but four Latin American countries offer very recent, specific examples. They serve as harbingers and also as warnings that the US needs to change its policies.

Magazine 98

Magazine Policies Globalization Examples 98

HR Digest

AUGUST 29, 2020

Accenture CFO KC McClure stated that “when emerged out of the last financial crisis, Accenture invested in market share, and as we look into a long term future, we will have a tremendous opportunity for all over the long term by staying closer to our clients.”

Attrition 52

Attrition Crisis CFO Long-term 52

Great Leadership By Dan

APRIL 1, 2014

I once worked for a large, global conglomerate that was in a death spiral and struggling to turn things around. A new CFO came on board and decided that training was a luxury that could no longer be afforded. A slightly abbreviated version of this post was recently published in Smartblog on Leadership : True confession time.

Training 230

Training Development Budgeting Learning Curve 230

Harvard Business Review

JULY 25, 2016

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC).

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Next Level Blog

DECEMBER 1, 2020

A number of them have brought me back to work with them again as they move to their next level like from CFO to COO or, in another example, several times over the years as the leader moved from VP to SVP to business unit president to, finally, CEO of his company. As I said, it all flows from connection and relationships.

Development 241

Development Long-term Workshop Learning-by-Doing 241

Marshall Goldsmith

DECEMBER 26, 2011

Recently, in a conversation with the CFO of a blue chip company, I observed an example of the impact of this increased compensation. The CFO replied, "You are getting paid as much a partner in one of the top professional services firms. Global Competition In the 1950s managers and professionals in the U.S.

Health Care 132

Health Care CFO Competitive Advantage Outsourcing 132

Eric Jacobson

SEPTEMBER 30, 2021

He provides you proven techniques, workshop processes, real-world case studies and examples and insightful observations from business leaders and his own career – which includes 20 years as an executive at IBM and CFO positions at Cisco and Red Hat. Calderoni Question: What inspired you to write your book?

Chief Executive Officer 65

Chief Executive Officer Agility Loyalty CFO 65

Strategy Driven

FEBRUARY 20, 2019

Sure, a disclosure is immensely beneficial in terms of buttressing industrial safeguards, national and global security, and customer protection – not to mention mitigating the longer-term repercussions of an attack – but so too can disclosure exact lasting damage on a bottom line. Fighting back. Regulatory environment.

Chief Technology Officer 77

Chief Technology Officer Short-term How To Long-term 77

Strategy Driven

SEPTEMBER 1, 2020

How would your CFO or CIO handle this? A senior global business and technology executive with more than 25 years of experience in IT, finance, operations management, and change leadership, he lives in Mason, Ohio. An excerpt is below. His new book is Tech Debt 2.0™:

Bottom-up 98

Bottom-up Software Policies CIO 98

N2Growth Blog

FEBRUARY 8, 2019

Maybe your CFO is a family friend. T homas Brattle Gannett, aka “Toby” is the global chair of N2Growth’s Board and CEO practice. N2Growth is a global leadership and talent advisory firm with more than 40 locations worldwide and serving more than 70% of the Fortune 500. Their organizational culture happens by default.

Delegation 208

Delegation Maturity CEO Execution 208

Marshall Goldsmith

AUGUST 15, 2011

For example, you don't want the CEO and CFO coming to you and saying, "You never justify why we're spending so much money, so we're cutting your budget." Marshall Every two years there is a global survey to determine the world’s top 50 business thinkers. Align yourself with the rest of your executive team. Thank you, Susanne.

Advice 107

Advice Execution Marketing Prahalad 107

Women on Business

JANUARY 17, 2011

CEO, CMO, COO, CIO, CFO, etc.), Furthermore, of the 535 highest paid and most senior positions at those companies, only 5.8% are held by women (down from 6.9% in the prior year). One more disheartening statistic shows that only 26% of those companies have at least one woman in an executive officer’s position (e.g.,

Press Release 113

Press Release Discount PR Directory 113

Marshall Goldsmith

FEBRUARY 8, 2018

Mark Tercek – President and CEO, Nature Conservancy – world leader in global conservation. World Economic Forum – Global Leader for Tomorrow. Former Chairman and Chief Executive Officer Global Debt Registry (MHR). Kathleen Wilson-Thompson – EVP and Global CHRO, Walgreens Boots Alliance. Non-profit CEOs.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Women on Business

JANUARY 8, 2011

She’s taking over the seat formerly occupied by Apple’s former CFO, John Anderson, who resigned amidst a stock options backdating scandal. Andrea Jung was an executive vice president at Neiman-Marcus before she joined Avon in 1996. Avon’s stock price was up 15% in 2007.Â

Press Release 124

Press Release CEO Discount PR 124

Tanveer Naseer

JULY 12, 2016

The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron. With a raft of scandals at WorldCom, Tyco, Global Crossing, and Adelphia Communications, as well as at Enron, it wasn’t just these companies or their low-trust leaders who took the trust hit—we all did.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Strategy Driven

APRIL 18, 2014

The reason we wrote How to Stand Apart @ Work is because we acknowledge the opportunity at hand to restore the valuable people skills necessary to succeed in our global business climate today. Use a calling card versus a business card when moonlighting and/or quietly transitioning in today’s highly competitive global business area.

Consultative 56

Consultative Skills CFO Competitive Advantage 56

Harvard Business Review

DECEMBER 1, 2017

The answer involves radically reframing one of the mainstays of the C-suite — the role of the CFO. It’s no longer adequate or acceptable for CFOs to simply focus on managing the financial risks of a company. Some CFOs are working with their CISOs and CIOs to actually model their cyber exposure gap.

CFO 8

CFO CIO Budgeting Long-term 8

Harvard Business Review

FEBRUARY 13, 2012

The job of the senior executive is much more complicated today than it was a decade or two ago — and that trend will continue, especially if you hope to play on a global stage (which is a nearly universal condition these days for many companies). Companies are increasingly global. you have to be the best CFO in the world.

Execution 15

Execution P&L CFO Globalization 15

Mills Scofield

NOVEMBER 18, 2011

From this small spark, we examined the potential of four additional “problems” we had learned about in our medical industry research and feel we can leverage the Amalgatome into a full-fledged business platform. This is the tie that binds us and we live it every day.

Succession 70

Succession Industry Stage-Gate CFO 70

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 11

CFO Charan Intangible Assets Human Resources 11

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. Even so, it’s a must-read because the interviewees lend a lot of emotion to the talk of growth and globalization. The Imprecise World of Accounting (CFO). It isn't easy.

CFO 13

CFO McKinsey Uncertainty Globalization 13

Harvard Business Review

OCTOBER 9, 2014

Half are C-Suite level executives, meaning that they serve as CEO, CFO, COO or the board of directors at a company. These intangible skills are hard to learn in a classroom, says Beth Brooke-Marciniak, EY’s Global Vice Chair for Public Policy. Of these top executives, over half (52%) played a sport at the college or university level.

Sports 16

Sports COO CFO Participative 16

LDRLB

APRIL 21, 2014

They’re global. Actually, reading the book reminded me of this old anecdote that I heard one time, a conversation between a sort of unnamed CEO and an unnamed CFO and essentially, the CFO was asking, “What happens if we invest all this money to develop our people and they leave?” Why is that so important?

Human Capital 60

Human Capital Open-book CFO Innovation 60

Harvard Business Review

APRIL 6, 2015

What follows is an edited version of my conversation with Michael Distefano, Senior Vice President and Chief Marketing Officer, and Dana Landis, Vice President of Global Talent Assessment & Analytics. Landis: Data on global and very high-level populations is rather hard to access. Is it unusual to have data on senior executives?

Execution 8

Execution CFO Self-aware Benchmarking 8

Harvard Business Review

NOVEMBER 25, 2013

In our work with clients across dozens of sectors over more than five years, we have found that the strongest CMO/CFO partnerships develop when both parties undertake five actions: 1. CMOs need to start building this relationship by having a clear understanding of what CFOs expect.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

JULY 8, 2013

I interviewed Dr. David Astorino, Global Practice Leader for Senior Team Effectiveness, about the findings. 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. Why the discrepancy?

CEO 10

CEO CFO COO Industry 10

Harvard Business Review

JANUARY 19, 2015

Soccer clubs form a global network that routinely lends and borrows players. He spent two years as the CFO of power and automation company ABB, from 2002 to 2004, before returning to Shell as CFO. The main driver for me was to be CFO of a quoted company. I wanted that experience.

CFO 8

CFO Leadership Development Telecommunications Cost 8

Harvard Business Review

OCTOBER 14, 2011

The recent ups and downs of the global financial markets have placed a lot of scrutiny on CEOs, corporate boards and executive teams to deliver stakeholder value that can withstand the fluctuations. As a CEO leading a global U.S.-based based software company that went public just last year, I know this well. is that in the U.S.

CFO 13

CFO Software Engineering CEO 13

Harvard Business Review

NOVEMBER 17, 2015

Meanwhile, Dr. Piech was obsessed with achieving dominant global market share, which included a larger presence in the U.S. (Volkswagen group profits come largely from the sales of Porsche and Audi, the large bulk of other sales being not that profitable.)

CFO 8

CFO Crisis Mass Marketing IPO 8

Harvard Business Review

FEBRUARY 18, 2011

In today's economy, where the fast growth of emerging markets outpaces America and the developed world, if you haven't gone global yet, it's time to get moving. But going global is easier said than done — especially for smaller companies. These monthly "Group Exec" meetings took place at a different factory each month.

P&L 15

P&L Globalization CFO Operations 15