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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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Leadership Is More than Interpersonal Skills

Harvard Business Review

From sandbagging to dealing with dangerous electrical systems and arranging for cross-state transport of construction equipment, individuals from across the plant took charge. The CFO said the net effect "is like having 700 internal auditors out there in every function of the company.". Nobody told them to do it.

Skills 8
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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business Review

But most successful companies used electricity and motors to reinvent their existing businesses, whether in manufacturing, transportation, or construction. Some companies were in the pure-play electricity and motor business, like General Electric and General Motors. Everyone on the leadership team has a role to play in making this pivot.

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Case Study: Can an Airline Cut “Turn Times” Without Adding Staff?

Harvard Business Review

” Ken turned to his CFO, expecting a reaction, and got one: “Respectfully, Mari-san, I would be extremely uncomfortable putting a request of that size to management. ” Ken didn’t want to shoot down Mari’s proposal immediately, but he agreed with the CFO. ” Ken said.

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Case Study: Play it Safe at Home, or Take a Risk Abroad?

Harvard Business Review

Back at the office, Stan stopped by to see his CFO, Carl Amirault. And Latin America might be a relatively inexpensive place to do that, considering the lower transportation, labor, and real estate costs," Stan said. Stan left the store and grabbed a Coe's hat from his trunk. in big white letters. A Prudent Path.

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The Fastest Path to the CEO Job, According to a 10-Year Study

Harvard Business Review

Eight months after being hired, he was offered the CFO position, leapfrogging the controller who hired him. As CFO, he gained insight into a broad set of functions and proved his ability to thrive in a new, uncertain environment. “Jackie,” the CEO of a transport company, didn’t wait for the big mess to find her.

CEO 8
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How to Tell Someone They’re Being Laid Off

Harvard Business Review

After the Department of Defense notified Aero Jet Medical that due to funding issues, it would not renew its contract, Danielle Wilson, president and CEO of the air ambulance transport company, “was in a tailspin.” He looked at each of his 26 employees’ strengths and weaknesses and whether each was suited to his or her role.

How To 8