HR Digest

NOVEMBER 20, 2020

The big shift in organizational needs and long-term reliance on digital solutions are creating demand for upskilling and reskilling across the globe. Power skills are long-lasting, transferable across a number of work environments and roles, and can developed. Digital transformation managers. Big data specialists.

Skills 145

Skills Emotional Intelligence CFO Power 145

Lead Change Blog

JUNE 24, 2015

You cannot dare do the same thing as an entrepreneur when you are still the HR manager, marketing guru, office manager, janitor, tech guy, sales staff, CFO and CEO. Yes, sometimes you may need to work for more hours, but all this is per your own terms. Let’s flip over to the bright side of the coin: It’s rewarding.

Entrepreneur 150

Entrepreneur CFO Maturity Long-term 150

Harvard Business Review

MARCH 15, 2016

Investors are increasingly seeking firms with long-term growth strategies, rather than ones focused on managing short-term earnings to boost the stock price. This, in turn, is triggering a shift in the perceived role of the CFO — from bean counters to planters of seed corn. Redefining the CFO role.

Short-term 8

Short-term Long-term CFO Wiseman 8

Lead Change Blog

NOVEMBER 6, 2018

Bernd shares: “As a manager, you need to know how to give feedback. ” CFO Jon Verbeck gives us a major pointer for increasing our profits, and helps leaders understand these important elements of running a department or business. Joel Garfinkle of the Career Advancement Blog submitted 6 Tips for New Managers.

Leadership Development 269

Leadership Development Development Leadership IAS 269

Lead Change Blog

NOVEMBER 7, 2016

What’s more appropriately called executive managerial leadership (as opposed to the overused, feel good term “leadership”), those at the helm of companies or government agencies have huge responsibilities.” John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design.

Leadership Development 331

Leadership Development Development Leadership 360-Degree Feedback 331

Mike Cardus

JANUARY 7, 2014

Working for a manager who is at the same or lower level of competence as you is anger producing, uninspiring, unproductive, frustrating, demoralizing and eventually leads to underemployment. Below is a story from a company I consulted & coached the management team. Mark was the General Manager of sales. Photo Credit.

Charisma 129

Charisma COO CFO Executive Coaching 129

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.

Chief Technology Officer 77

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

Strategy Driven

DECEMBER 31, 2015

There seems to be a confusion about the meaning of the terms buying decision journey, buying path, buy-cycle, helping buyers buy, and buying decisions. meet with CFO (manages the Tech department). Long meeting to get consensus. All agree to bring in more folks onto BDT: HR, Project Management, Internal Consulting.

CFO 50

CFO Consensus Budgeting Brand 50

Great Leadership By Dan

MARCH 26, 2015

Is that manager being honest with you when he says he never engaged in the harassment that your employee is alleging? Does the CFO of the company you’re looking to acquire really have confidence in the revenue numbers he’s projecting? It’s all about getting the person in a state of mind that we call “short-term thinking mode.”

Short-term 120

Short-term CFO Long-term Learning-by-Doing 120

Lead Change Blog

NOVEMBER 7, 2016

What’s more appropriately called executive managerial leadership (as opposed to the overused, feel good term “leadership”), those at the helm of companies or government agencies have huge responsibilities.” John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

The Empowered Buisness

JULY 14, 2015

For example, A successful CFO is likely to have such MAPs (Motivation and Attitudinal patterns) as — strong motivation toward procedures over options; a preference for solving problems over focus on goals; and a high past time orientation that drives focus on traditions, past experience and benchmarks. Future Orientation.

Motivation 100

Motivation Leadership McClelland Long-term 100

Tanveer Naseer

JULY 12, 2016

In “ Good to Great ”, Jim Collins lamented the trend of boards that become “enamored with charismatic CEOs,” a tendency that, he concluded, was “most damaging” for “the long-term health of companies.” The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Harvard Business Review

AUGUST 7, 2012

At first blush, it sounds like something straight out of the mind of Scott Adams, but John McCallum's guide to management one-liners in the Ivey Business Journal has its sincere merits. The Far Reach of Supportive Senior Managers (Strategy+Business). HE LIKES ME, HE REALLY LIKES ME. But is the end of the print edition really nigh?

McCallum 11

McCallum CFO Covey Long-term 11

Harvard Business Review

JULY 23, 2013

Because no one is managing the store. The day-to-day financial activity within the organization is then executed by management and staff, who shoulder the responsibility — delegated to them by the enterprise as part of their job — to account for funds, both incoming and outgoing.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

Strategy Driven

NOVEMBER 18, 2013

Long-term, this is not good for the survival of a company. This will also help in establishing the reality of installation, ease-of-use, and long-term serviceability. This is not as difficult as it sounds, especially if you can apply internal pressure to senior management where your product will be used.

Proposal 58

Proposal Price Long-term Customer Loyalty 58

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. The financial and business impact of cyber incidents today requires the CFO to lean into the solution.

CFO 9

CFO CIO Budgeting Long-term 9

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. Tapping the most promising growth spots.

Strategy 8

Strategy CFO Finance Short-term 8

Miles Anthony Smith

MAY 2, 2018

If you’re successful, your brand will leave an impact long after you’re gone. It's an extension of yourself that lingers even long after that person has left your website, book, show, or other piece of content. Pioneer in wellness and prevention programs, disease management and population health." ​ ​1.

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

APRIL 24, 2015

It’s understandable that most CEOs try to manage their boards. At most companies, despite all the best intentions, managing the board usually means keeping directors at arm’s length. In practical terms, that means not trying to stage-manage board interactions. I got rid of that barrier.

CEO 8

CEO 360-Degree Feedback Management Charisma 8

Harvard Business Review

NOVEMBER 25, 2013

Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent). 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

LDRLB

APRIL 21, 2014

What’s going on there, it’s a term that’s been used for a really long time and you sort of opened the book with a discussion of that. David: It’s a counter-intuitive strategy, to be sure, in the war for talent, but it turns out, at least to me, anecdotally, for a long time it looked like that’s the winning strategy.

Human Capital 60

Human Capital Open-book CFO Innovation 60

Harvard Business Review

NOVEMBER 9, 2018

.” Pandas look innocent, but their powerful jaws deliver a bite stronger than a jaguars’ Pandas can be painfully costly to individuals whose careers stall for reasons unbeknownst to them and to organizations and managers unable to develop talented leaders to their full potential.

Career 15

Career CFO Sample Execution 15

Harvard Business Review

MARCH 26, 2014

It’s vital that companies manage their impact on the planet , and most are willing to invest at some level in sustainability initiatives. But with myriad choices for how to do so, and long lists of stakeholders to please, managers struggle with a basic question: How do we decide which projects to green-light?

Chief Financial Officer 8

Chief Financial Officer CFO Proposal Long-term 8

Harvard Business Review

MAY 28, 2018

Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business. Then a new CFO joined the company: Masashi Oka, a financial industry veteran who had played a key role in transforming Mitsubishi UFJ Financial Group-owned Union Bank in the US.

Company 8

Company ROIC CFO Restructuring 8

Harvard Business Review

MARCH 9, 2017

-based companies, I’ve spoken with hundreds of high-performing working parents, and, on the hunt for real, feasible solutions, asked the same questions again and again: What advice has been the most valuable to you over the long term as a working parent? Manage the village. Think long-term to stay in the game.

Stress 15

Stress Long-term Short-term Contingency Plans 15

Harvard Business Review

JULY 25, 2017

While MROI is not usually public information, managers can use published financial statement data to estimate MROI for a competitor. And if you end up with a negative ROI, the project is harder to justify on financial terms. Comparing marketing efficiency with competitors. Holding themselves accountable.

ROI 8

ROI Marketing Marketing Mix Short-term 8

Strategy Driven

JANUARY 28, 2011

But all too often, the long lag time between recognizing the need for a new solution and actually purchasing and implementing it leads to lost sales, lost opportunities, and lost productivity. Decision facilitation” enables a smoother, faster process that leads to a better outcome for both the marketing manager and the design firm.

Servant Leader 50

Servant Leader Newsletter Resources CFO 50

Roundtable Talk

MARCH 12, 2010

Why rock the apple cart and give Ricardo some coaching on better ways of managing his sideways relationships?? The CFO, who is the named successor for the Prez, is Ricardo’s #1 detractor. The CFO, who is the named successor for the Prez, is Ricardo’s #1 detractor. So, what bridges do you need to repair today?

Career 34

Career CFO Blog Godin 34

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein.

Ries 8

Ries Long-term Short-term Price 8

Strategy Driven

OCTOBER 21, 2011

Forced to do more with much less, the small businesses that have managed to survive and even thrive during these tough times have recognized one important factor: You can’t always compete on price, but you can compete on service. Making cuts to employee perks or customer service perks is not a long-term plan for survival.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

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). In all too many cases, the CEO devoted little time to trying to manage this dynamic.

CFO 9

CFO Competitive Advantage Budgeting CEO 9

Harvard Business Review

DECEMBER 25, 2014

Nance Dicciani, to head our European operations in 1999 (first in the senior ranks in our industry to hold such a senior position); a Venezuelan (Rueben Salazar) and Korean (YiHyon Paik) to head our operations in Japan; an African-American (Charles Hill) as CFO of our subsidiary in Japan; and the list goes on and on.

Team 12

Team Diversity CFO TSR 12

Harvard Business Review

OCTOBER 14, 2011

And as a former CFO I also understand the preoccupation with numbers, but during my time as a CEO it has become clearer to me than ever, that numbers don't tell the whole story. Not just managers?" It's all about a simple, focused mission; an effective management team; and great culture. As a CEO leading a global U.S.-based

CFO 12

CFO Software Engineering CEO 12

Harvard Business Review

OCTOBER 18, 2018

It had been a long day at the company’s Birmingham, England, headquarters, and in the early evening the two were going over the evaluations of each of Lance’s direct reports. Lance was struck by what he saw in CFO Damon Ewen’s file. His CFO and his sales chief had been at loggerheads for a while. Lance sighed.

Case Study 13

Case Study Team CFO Merchandising 13

Harvard Business Review

APRIL 16, 2012

Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. As long as the CFO can stipulate that the company does not intend to repatriate the cash, it avoids the incremental tax that will be levied due to the territorial system of U.S. It can: Save Taxes.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

MARCH 19, 2012

Over the long term, that is a career strategy with diminishing returns. As one management consultant framed it, "Why would I ever work in one industry for the next 20 years when I can work in a new industry every other month?" Rare, also, would be the strategy consultant tapped for a CFO role at a Fortune 100.

Career 14

Career Long-term Christensen CFO 14

Harvard Business Review

JANUARY 19, 2015

When you borrow talent, you obtain what you need more cost effectively than hiring it and without making a long-term commitment; and when you lend talent you’re offering your stars and high-potentials new opportunities for growth and development that they might not otherwise get within the confines of your organization.

CFO 8

CFO Leadership Development Telecommunications Cost 8