HR Digest

APRIL 10, 2022

According to a report by As You Sow , a shareholder advocacy firm, 2021 saw a significant increase in shareholder rejections of CEO pay packages. In late 2021 and early 2022, companies implemented pay raises across the board, even for those below the executive and management levels.

CEO 52

CEO Company CFO Proposal 52

Strategy Driven

SEPTEMBER 1, 2020

And, sadly, the National Cyber Security Alliance (NCSA) reports that 60 percent of small companies are unable to sustain their business more than six months following a cyberattack. That is patch management—a relatively straightforward process, 10 or 20 years ago. How would your CFO or CIO handle this? and security penetration.

Bottom-up 101

Bottom-up Software Policies CIO 101

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.”. started by asking: What do you want the people in sales and the project managers to do? Now we are getting somewhere.

Cooper 139

Cooper Succession Finance Resistance 139

Great Leadership By Dan

FEBRUARY 26, 2013

Without it they won't have the time or expertise required to manage the development of 10-20 executives or high potentials. A support team should consist of the head of HR, a project manager and or administrative support person, and at least one executive "coach" (or more, depending on the number of IDPs). Tracking and follow-up.

Process 227

Process Execution CFO CEO 227

Tanveer Naseer

NOVEMBER 28, 2017

Low performers in management roles contribute to attrition among high performers. However, according to Eagle Hill’s survey, among companies with high turnover rates, 26% of high performers leave because of poor management. Great sales people rarely make great sales managers for instance; the skillsets required are different.”

Charan 229

Charan Attrition Morale Survey 229

Marshall Goldsmith

DECEMBER 26, 2011

In those days I often thought that corporate managers and professionals were lazy. Professionals and managers were working 35 to 40 hours per week. Today I am amazed at how hard corporate managers and professionals work. One of his direct reports complained, "I didn't go to work in a major corporation to work this hard.

Health Care 132

Health Care CFO Competitive Advantage Outsourcing 132

Strategy Driven

FEBRUARY 20, 2019

Cyber attacks spiked 164% in the first half of 2017, compared to the same period in 2016, entailing 918 disclosed breaches-according reports on broadcaster CNBC. While cybersecurity prevention could be vastly improved by greater information sharing, some surveys of CSOs indicate that only one in seven attacks are reported to authorities.

Chief Technology Officer 79

Chief Technology Officer Short-term How To Long-term 79

Harvard Business Review

JULY 11, 2012

Journal arguing that CFOs should report directly to the audit committee of the board. Not "report regularly." Not "report in executive session, without the presence of the CEO." No, Minow is suggesting that CFO essentially work for the audit committee. The CFO is most often the closest advisor to the CEO.

CFO 12

CFO Committee GAAP Proposal 12

Strategy Driven

MARCH 20, 2021

It’s usually the job of a bank’s chief financial officer (CFO), chief risk officer (CRO), or chief technology officer (CTO) to oversee tech implementation. People may be partial to the bank’s existing way of doing things, especially for major tasks like financial analysis and reporting.

Technology 71

Technology Chief Financial Officer Banking Chief Technology Officer 71

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. This critical alliance needs and deserves much greater analysis and application.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

N2Growth Blog

FEBRUARY 8, 2019

Maybe your CFO is a family friend. You’re not managing your energy well. You must concentrate on managing your energy because there are so many demands on your time, that you can’t meet them all. Effective time management begins with good energy management. Everyone reports to you and looks to you for answers.

Delegation 243

Delegation Maturity CEO Execution 243

Rich Gee Group

DECEMBER 11, 2010

For some positions (CFO, CIO), all their hard work to make it to the table is now useless when they need to use skills other than IQ: Communication – Communicate clearly and concisely. How do you grow your direct reports, your staff, and your organization through motivation? Unported License.

CEO 236

CEO Development Licensing Motivation 236

Mike Cardus

OCTOBER 6, 2011

Being a Manager is tough and being accountable for the work as well as the behavior of a subordinate adds another layer of complexity onto your challenges. The COO Nikhil recently promoted Jackson from Production Manager to General Manager of Production. Get Nikhil to stop “over-managing” him in the Executive Meetings.

Case Study 147

Case Study COO Metrics Objective 147

N2Growth Blog

AUGUST 22, 2010

I think you’ll find that your view of the world will change dramatically when you rely upon your own observations, as opposed to what you read in a management report, or what you hear third or fourth hand in a meeting. The arrogant CEO doesn’t value the input of line and staff management.

Blog 417

Blog Gordon CEO Consultative 417

Harvard Business Review

JUNE 8, 2018

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. and (ii) how can digital firms improve their financial reports to communicate sources of value creation in their businesses?

Report 8

Report GAAP Net Present Value CFO 8

Eric Jacobson

MARCH 16, 2011

and he recently identified disappointing findings in a report released by The Economist , titled " Re-engaging with engagement: Views from the boardroom on employee engagement." Yet, only 12% report that their companies "regularly and often" confront staff with "continually low engagement."

Execution 55

Execution CIO CFO Survey 55

CO2

SEPTEMBER 6, 2018

The perceived need to learn something new is inversely proportional to the rank of a manager. Be sure to take into account if the employee has had to switch roles multiple times, though, or make huge changes in order to accommodate different managers’ expectations. That’s really short-sighted.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

CO2

SEPTEMBER 6, 2018

Seeing these connections and implications may remind you of the need to be an active learner as a leader (not a finished product). “The perceived need to learn something new is inversely proportional to the rank of a manager. While it makes sense for direct reports to be succession candidates, don’t feel obligated to go this route.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Tanveer Naseer

JULY 12, 2016

The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron. As roles and reporting relationships differ, high-trust organizations figure out ways to treat with dignity those who aren’t executives, lack Ivy League degrees, or go about their tasks quietly.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Harvard Business Review

JULY 23, 2013

Because no one is managing the store. According to the 2012 IDC/EMC report on the digital universe (PDF) , it''s doubling every two years. Unlike the world of the CFO, management and staff generally do what they like when it comes to creating and (not) disposing of information, creating a cavernous gap in accountability.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

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. That said, it pays for CFOs to invest in the security of their company. Sponsored by Varonis.

CFO 9

CFO CIO Budgeting Long-term 9

Harvard Business Review

NOVEMBER 8, 2011

However when this happens it often creates an awkward and uncomfortable set of dynamics, and there's no blueprint for how to manage them. Here's an example*: Peter was the divisional CFO for the consumer unit of a global products company. This required Peter to spend considerable time with Sarah talking through their concerns.

Management 12

Management Restructuring CFO Operations 12

Harvard Business Review

MAY 13, 2013

If you are sitting in a job interview and hear the words "dotted line reporting," you have just encountered the world of matrix management. Matrix reporting systems are designed to keep people working together and not at cross purposes. Are your managers aligned? It certainly worked for me. He really liked me.

Management 8

Management CFO Human Resources Report 8

Marshall Goldsmith

FEBRUARY 8, 2018

US News and World Report – One of America’s 25 Best Leaders. Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

The Practical Leader

JULY 11, 2012

Zenger Folkman has a new book coming out in August that reports on their incredible success with strengths-based leadership, further advances its approaches, and provides lots of practical leadership tips and techniques. It’s entitled, How to Be Exceptional. Click here to meet the key Zenger Folkman leaders.

White Paper 56

White Paper Drucker Leadership Development CFO 56

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

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 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

MARCH 6, 2013

CMOs and CFOs don't always see eye-to-eye. An article published in CFO.com indicates that in one study, more CMOs report sharing marketing information with their CFOs than CFOs reported receiving. Who reports (and records) results, and when? If someone has data, let's look at that." What's getting measured?

CFO 8

CFO Advertising Finance Marketing 8

Harvard Business Review

MARCH 2, 2017

” The management literature is overflowing with advice on becoming the boss. With transparency in succession planning becoming a priority, career management for senior executives becomes easier. You can be stronger at one of them, but you need to know how to manage both. CEO Chemistry.

CFO 8

CFO How To CIO Finance 8

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

Miles Anthony Smith

MAY 2, 2018

But even if you don’t have a team of direct reports, we are all leaders who come from different walks of life with varied experiences that shape our core values. Graham Keen "Inspirational CEO/CFO turned positive-psychologist resiliently transforming businesses & financial performance." ​ ​1.

Brand 68

Brand Examples Career Godin 68

Great Leadership By Dan

NOVEMBER 26, 2014

How many leaders and managers of large corporations watched Hayward implode on television and thought to themselves, "I never want that to be me"! Training and education – How do you train employees to identify and report concerns? There were multiple fair warnings provided to BP by oilrig employees that were ignored.

CEO 240

CEO Compliance Organization Report 240

Strategy Driven

JULY 27, 2011

Dirty Little Secrets offers dozens of examples to clarify precisely how buying decisions can be facilitated through the right kind of questions, including an in-depth case study of a marketing manager who recognizes the need for a better website and wants to bring in an external design team. The result? The results were instant, and dramatic.

Case Study 50

Case Study Technology Resistance Project 50

Harvard Business Review

JULY 31, 2017

That’s because as organizational structures become more fluid and reporting relationships become more project-based, the very notion of what constitutes a particular role within an organization is being rethought and revised more often. One executive we know was a regional leader in a large, multinational organization.

360-Degree Feedback 8

360-Degree Feedback Execution Real Estate Executive Coaching 8

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes. The compliance-oriented risk manager of a failed U.K.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

MAY 31, 2017

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. “Numbers that numb” has become an all-too-common description for performance reports in many organizations.

Health Care 13

Health Care Chief Financial Officer Comparison Quality 13

Harvard Business Review

NOVEMBER 22, 2016

The next time you email your direct reports a status update, try using the subject line: INFO – Status Update. And if you need your manager to approve your vacation request, you could write REQUEST – Vacation. All members of the management committee supported this decision.

How To 8

How To Bottom-up CFO P&L 8