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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. At a Tuesday earnings call, Donald Bassell, CFO of ARKO, a convenience store operator, reported that personnel costs had increased 6.5%

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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. Being comfortable with data, technology, and cross-disciplinary collaboration was crucial to the success of CFO candidates.

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3 Telltale Signs It’s Time to Rethink Your Executive Team

Leading Blog

Stakeholders and shareholders alike expect businesses to make a positive impact on the big challenges our planet faces, such as climate change, redistribution of wealth, and more equitable ways of operating and performing. As Darrell explained: I am planning to centralize a few things. This will change the dynamic.

Execution 321
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Executive Hiring For a P.E. Portfolio Company – Tangential Opportunity

N2Growth Blog

The CFO candidate might get by with only a broad sector experience in manufacturing, finance, or technology. If the position is operational, hire an operations manager and a finance head. . Lastly, don’t have your ‘ace’ candidate guessing motives, objectives, and exit plans.

Execution 388
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Leading by Cause

Lead Change Blog

In their CFO Magazine piece, “ How An Obsession with Metrics Is Killing Your Company ”, authors Alexander Van Caeneghem and Jean-Marie Bequevort , write, “The quest for financial performance and the pressure to measure can corrode organizational cultures, narrow the focus of leadership, reduce intrinsic motivation, and support unethical behavior.

P&L 220
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The Seven Tests of A CEO

Leading Blog

Test #1 Can You Develop a Simple Plan for Your Strategy? This test begins with the ability to crystalize the issue or idea in simple terms and then create a clear, galvanizing plan to get everyone moving in the same direction. Listening is actually being alert to the whole ecosystem in which you operate.”

CEO 430
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The Benefits of a Chief Transformation Officer for Growth

N2Growth Blog

While our clients focus on strategic planning, we place a great deal of our focus on the board advisory and strategic alignment with the execution of their needs. Step 4: Operations alignment. Especially implementation challenges of transformation affecting the organizational design. Step 2: Culture alignment. And why is that?

CTO 384