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Technology Literacy Will Determine a CFO’s Success

HR Digest

The one thing that will majorly influence the fate of CFO aspirants is their tech skills. According to a Gartner survey of 173 CFOs in November 2020, digital investments topped CFO agendas. Technology literacy is key to making informed decisions about digital investments.

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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

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. During the quarter, CFO Melissa Hayes Thomas reported on an Aug. He added that the shortage of workers is consistent.

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3 Major Challenges Financial Institutions Face When Implementing Business Insight Technology

Strategy Driven

If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. Promises made by your technology partner, such as increased analytics capabilities and improved compliance with regulators, are probably at the top of your mind.

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The Big Shift: Demand for Future Work Skills in 2021

HR Digest

If you don’t solve the skills riddle with agility, curiosity, and smart technology capabilities, your organization could fade from existence.” 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. Marti Konstant .

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How Technical Debt Opens the Door to Cyber Attacks—and Steps to Protect Your Small Business

Strategy Driven

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. As technology has evolved over time from main frame to client server to the Internet and now the cloud, the impact of a new Tech Debt 2.0

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Why Everyone's Working So Hard

Marshall Goldsmith

Increased Differentiation in Compensation Many studies and reports have highlighted the huge compensation increases of CEOs relative to the average salaries of the general population of employee. Recently, in a conversation with the CFO of a blue chip company, I observed an example of the impact of this increased compensation.

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How to deal with cyber-attacks: publicly or privately?

Strategy Driven

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. Middle-market businesses often assume they’ll be overlooked by attackers, whether due to a large number of similar companies, or a lack of enticing assets. About the Author.