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Eli Lilly CFO resigns over misconduct in workplace

HR Digest

Anat Ashkenazi, previously senior vice president, controller and chief financial officer of Lilly Research Laboratories, has been named as his successor and will now be the next CFO. Smiley was appointed the CFO in 2018. She also headed the company’s strategic planning team and business transformation office. .

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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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Company Strategic Planning Agenda

Mike Cardus

Strategic Planning Agenda. Below is a 1 day strategic planning workshop. Following the strategic planning meeting there was 4 follow-up meetings to refine the plan and document action steps. Objectives: Develop strategic plan for 2014+. Develop, update and refine plan through 2014. 4 mixed teams.

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Paycor CFO Survey: The State of American Business in 2021

Here are some examples of what we found: 86% are concerned about mental health, but very few have a plan. Paycor surveyed more than 2,000 Finance and HR leaders about the state of American businesses. Finance leaders are more confident in their ability to manage change. HR is more bullish on both the short- and long-term.

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

Leading Blog

As Darrell explained: I am planning to centralize a few things. As one anonymous Fortune 500 CEO shared: My CFO started well. However, following several acquisitions in 2018 and 2019 and rapid growth during the pandemic, he defined a new set of goals that required a higher degree of coordination and centralization in his team.

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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. They need to have a “forward radar,” says the former CEO of Aetna, Ron Williams.

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