HR Digest

APRIL 10, 2022

The research used a system to score those 100 CEOs based on indicators such as salary relative to organizational success, CEO to worker pay ratio, and the percentage of institutional shareholders voting against a pay package. “But it is time for more shareholders to vote against the quantum of pay, not just particular bad practices.

CEO 52

CEO Company CFO Proposal 52

In the CEO Afterlife

SEPTEMBER 6, 2011

The day the Jacobs Suchard (now part of Kraft Foods ) Board of Directors promoted me to the C-Suite, they strongly suggested I align myself with the CFO. HR ensures an effective system to pinpoint high-potential talent and probable successors. Key to success is the HR executive’s ability to instill trust at all levels.

CEO 162

CEO CFO Human Resources Real Estate 162

Harvard Business Review

JULY 25, 2016

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC). Compliance.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Eric Jacobson

SEPTEMBER 30, 2021

He explains that: Company culture is the system of beliefs, values, goals, behaviors, and the way employees feel working in the organization—from leadership style, decision-making norms, customer experience, and company policies—officially and unofficially.

Chief Executive Officer 65

Chief Executive Officer Agility Loyalty CFO 65

HR Digest

AUGUST 29, 2020

She said the shift to digital across working environments boosts Accenture’s strength as one of the world’s largest systems integrators. “I am extremely confident, and I think we’re now in a significantly strong position as we shift to this chapter,” she stated during the March 19 earnings call.

Attrition 52

Attrition Crisis CFO Long-term 52

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.”. They did that and created an AMAZING Finance Department Knowledge System. The finance team in a Health Care Company.

Cooper 139

Cooper Succession Finance Resistance 139

LDRLB

SEPTEMBER 28, 2011

The day the Jacobs Suchard (now part of Kraft Foods ) Board of Directors promoted me to the C-Suite, they strongly suggested I align myself with the CFO. HR ensures an effective system to pinpoint high-potential talent and probable successors. Key to success is the HR executive’s ability to instill trust at all levels.

CEO 116

CEO CFO Human Resources Real Estate 116

Jesse Lyn Stoner Blog

MARCH 11, 2013

My friend and former Microsoft CFO Frank Gaudette (now deceased) used to say: “I reserve the right to wake up smarter every day.” Consider starting a True North Group to create an ongoing support system. Here are five ways to get started down this path: Adopt a growth mindset. Overcome your blind spots.

Self-aware 188

Self-aware Mission Statement CFO Open-book 188

Great Leadership By Dan

FEBRUARY 26, 2013

The support team needs to put a system in place to gather all plans, establish metrics, goals and accountability, monitor progress, report on progress, and recommend corrective actions. The CEO then manages this portfolio of development plans the same way the CFO manages the company's financial assets.

Process 227

Process Execution CFO CEO 227

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. It isn’t only money that a bank would stand to lose in a major data privacy breach or system-wide error.

Technology 70

Technology Chief Financial Officer Banking Chief Technology Officer 70

Tanveer Naseer

JULY 12, 2016

The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron. These disasters have affected popular attitudes toward our entire system of free market capitalism. It’s impossible to build a high-trust organization around a caste system.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Lead Change Blog

NOVEMBER 7, 2016

John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Implement this 5-step plan for career advancement.” Find Jon on Twitter at @jonverbeck1.

Leadership Development 331

Leadership Development Development Leadership 360-Degree Feedback 331

Strategy Driven

JULY 27, 2018

Some tips for keeping track of your business expenses include developing a bookkeeping system, setting up a payroll system, and determining your tax obligations. If you don’t have one already, hiring a CFO or accountant is a good idea if you need help managing your money as a business. Hire a Professional.

Tips 52

Tips Management Budgeting Discount 52

Coaching Tip

SEPTEMBER 30, 2011

Think about the Boeing Engineer evaluating a GE jet engine for a new airplane…a CIO evaluating a new Enterprise Resource Planning System software provider…or a CFO reviewing audit firms. . Domain knowledge — The B2B buyer has the expertise and experience in the offering being considered.

B2C 95

B2C B2B Marketing CIO 95

Strategy Driven

NOVEMBER 22, 2016

The CFO will care about profits. The CFO might be interested but would wonder how profitable those sales will be. Saying “We should pilot a test of the new marketing model on our IT system” is more likely to be understood by everyone in the room – more so than “leverage our IT system.” The VP of HR will care about talent.

Metrics 50

Metrics CFO Chief Financial Officer Marketing 50

Great Leadership By Dan

MARCH 26, 2015

Does the CFO of the company you’re looking to acquire really have confidence in the revenue numbers he’s projecting? Project the blame for his actions so he doesn’t feel so alone—also at fault might be the economy, the system, management, political enemies, unsupportive parents. Choose your words carefully.

Short-term 120

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

N2Growth Blog

FEBRUARY 8, 2019

To scale you need a playbook so that everyone has clarity about the processes and systems that get stuff done. Maybe your CFO is a family friend. Hire someone to interview you about how you do everything. Have them write it all down. Get it all out. You’re spending too much time in the weeds. Most likely you enjoy solving problems.

Delegation 221

Delegation Maturity CEO Execution 221

Lead Change Blog

NOVEMBER 7, 2016

John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Implement this 5-step plan for career advancement.” Find Jon on Twitter at @jonverbeck1.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

Harvard Business Review

JULY 23, 2013

The time is ripe for CIOs to take a page from the CFOs'' playbook to ensure both accountability and responsibility for information creation. We all know that CFOs are accountable for the financial stewardship of the enterprise. Ironically, autonomy in corporate computing does not necessarily lead to greater productivity.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

N2Growth Blog

AUGUST 22, 2010

If your CFO handles all communications with your banking relationships, and your Chief Investment Officer handles all of your investor relations, you’re flat out missing the boat. If your CMO is making all of your brand decisions there will be h*ll to pay down the road. Have they been fudging their research for years?

Blog 417

Blog Gordon CEO Consultative 417

Roundtable Talk

OCTOBER 12, 2010

And, I had to wonder, how motivating did Colleen Johnston, CFO, TD Bank Financial Group find that comment? But, eventually, I think that your real belief system will begin to shine through. Gee Mr. Clark, couldn’t you do a little better than that?? There’s an ancient Chinese proverb that says… ‘talk does not cook rice’.

CFO 54

CFO Banking Belief Systems Godin 54

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.

Motivation 100

Motivation Leadership McClelland Long-term 100

The Idolbuster

JANUARY 15, 2013

Research created an elaborate robotic system to streamline the user experience for one of the flagship product lines. The President and CFO were hungry for revenue growth, and via a process that sounds a lot like groupthink, the executive team convinced themselves that “we should be able to make $10M on this product this year.”

Biotechnology 41

Biotechnology Groupthink CFO Stress 41

The Practical Leader

JULY 11, 2012

Their foundation program is a strengths-based leadership development system based on their bestselling The Extraordinary Leader book. Click here to meet the key Zenger Folkman leaders. 2. Strengths-Based Leadership Development — Zenger Folkman is on the leading edge of this exciting and pivotal movement.

White Paper 56

White Paper Drucker Leadership Development CFO 56

Harvard Business Review

JANUARY 13, 2011

Then the family's CFO, my wife, who also happens to be a CPA, demanded to know their TCO. cost of improving the operating systems; unfortunately, the new OS could not be loaded from the internal CD drive and required an external DVD player, which cost $120. The CFO's skepticism was proved correct, and I lost all credibility.

Technology 15

Technology CIO CFO TCO 15

Modern Servant Leader

DECEMBER 13, 2011

The already overburdened technology team had no bandwidth and the CFO would not accept changing priorities of other efforts. Yet I was being commanded to completely replace the system in a matter of weeks. I refused, insisting instead that we limped along on the antiquated system for one more season.

CFO 185

CFO Chief Financial Officer Learning-by-Doing Technology 185

Strategy Driven

JULY 27, 2011

We forget that without buy-in from the necessary people and policies that maintain the status quo, we face the high cost of the resistance emanating from pushing change into a system that believes that it’s fine, thanks. The systems designers were able to elicit the right data and develop the exact right design the first time with no redos.

Case Study 50

Case Study Technology Resistance Project 50

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 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

OCTOBER 26, 2011

As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Lean Accounting redesigns a company's performance measurement system so that it encourages continuous improvement.) Getting the CFO on board is key. Then I became an advocate.

Finance 11

Finance CFO Budgeting Operations 11

Harvard Business Review

MARCH 23, 2015

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. When the CFO analyzed it and said “No way,” the owner got another CFO. Of course not. billion.)

Finance 8

Finance NPV CFO ROI 8

Marshall Goldsmith

FEBRUARY 8, 2018

Tony Marx – President and CEO, New York Public Library – the nation’s largest library system. Previously Kevin was a leader in Electronic Data Systems and Ford. David Nour – David has developed leaders in global companies such as Disney, Cisco Systems, Deloitte Consulting, IBM. Former President, Amherst College.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

APRIL 18, 2014

Warehouse automation systems are big and complicated; if they don’t work, you’re worse off than before since it becomes almost impossible to ship product. Unlike a Fortune 500 company that can spend tens of millions of dollars on external consultants to help implement such a system, this company was stingy with its IT dollars.

CFO 8

CFO Venture Funding IPO Retail 8

Harvard Business Review

APRIL 20, 2015

As the CFO of a well-funded IPO-bound company, Dan had many years of experience and he had the results to show that he had outworked and out-delivered many of his internal and external counterparts. Dan knew that if he stayed in the CFO spot beyond the IPO, the microscope would be laser focused on him. He let him take the stage.

Execution 8

Execution IPO CFO Diversity 8

Harvard Business Review

APRIL 20, 2015

As the CFO of a well-funded IPO-bound company, Dan had many years of experience and he had the results to show that he had outworked and out-delivered many of his internal and external counterparts. Dan knew that if he stayed in the CFO spot beyond the IPO, the microscope would be laser focused on him. He let him take the stage.

Execution 8

Execution IPO CFO Diversity 8

Harvard Business Review

NOVEMBER 9, 2018

Take Jim, a front-runner CFO candidate for a leading medical device manufacturer on the verge of an IPO. This is easier said than done, especially as powerful corporate incentive systems often reward achievement of individual targets.

Career 15

Career CFO Sample Execution 15

Harvard Business Review

AUGUST 22, 2018

Water, no ice, please,” said Noelle Freeman, the CFO of Franklin Climate Systems. Franklin was in the business of designing, engineering, and manufacturing climate control systems for cars and SUVs. As CFO, Noelle was, of course, concerned about the numbers.

Case Study 12

Case Study CFO Bottom-up Operations 12

Harvard Business Review

MAY 28, 2018

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. It’s a core part of the CFO’s work: Last year Oka personally met with 145 investors and his IR team collectively met with more than 500.

Company 8

Company ROIC CFO Restructuring 8