HR Digest

MAY 29, 2024

Rodney McMullen, Chairman and CEO of the company since 2014, took a pay cut to match the decline in operating profits and identical sales growth compared to the earlier year. The numbers did not suggest significant growth at the organization but they still trended on the positive side.

CEO 52

CEO Incentives Comparison Banking 52

HR Digest

OCTOBER 22, 2018

But more CEOs rarely understand the true position of their CHROs, let alone giving them the necessary backup to operate in the required capacity. The HR is supposed to be a true partner to the CEO, just like the CFO. This breeds dissatisfaction of CHRO roles and HR functions in general. That’s absolutely wrong.

CEO 63

CEO CFO McKinsey Human Resources 63

Tanveer Naseer

NOVEMBER 28, 2017

Low performers in management roles contribute to attrition among high performers. However, according to Eagle Hill’s survey, among companies with high turnover rates, 26% of high performers leave because of poor management. an operational strategy consultancy in the San Francisco Bay Area.

Charan 257

Charan Attrition Morale Survey 257

Great Leadership By Dan

MAY 7, 2020

The problem is: many hiring managers just don’t know how to evaluate external recruiters. The Common Approach – and Why it Doesn’t Really Work When evaluating external recruiters, most hiring managers start by asking: “how many placements have you made in our industry?” But it’s not as good a question as it seems on first glance.

Execution 213

Execution Chief Financial Officer Industry Strategy 213

Rich Gee Group

DECEMBER 11, 2010

Operational - Know how the organization works inside and out. Sit at home and map out your operational chain from start to finish. What are the market forces at work – are they playing fair or are they slowly (and possibly illegally) undermining your position. What got them to this position (IQ) is now failing them.

CEO 236

CEO Development Licensing Motivation 236

N2Growth Blog

FEBRUARY 8, 2019

When you advocate a position, whoever is listening is voting in their head. Maybe your CFO is a family friend. You’re not managing your energy well. And, you operate in a fishbowl. When the opposite is true, you can amplify the overall positive impact you have on a company tenfold. They either agree or disagree.

Delegation 250

Delegation Maturity CEO Execution 250

Strategy Driven

MARCH 20, 2021

But you must also remember that any new technology you onboard will bring change to your bank’s operations—some of which isn’t welcome just yet. 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.

Technology 68

Technology Chief Financial Officer Banking Chief Technology Officer 68

Lead Change Blog

NOVEMBER 7, 2016

Jill explains how you can pluck out the meaningful messages and take positive action.” 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.

Leadership Development 331

Leadership Development Development Leadership 360-Degree Feedback 331

N2Growth Blog

AUGUST 22, 2010

The harsh reality is that great numbers of leaders continue to operate in a vacuum by sequestering themselves away in the corner office and attempting to lead from afar. Trust me when I tell you that being out of touch is never a good position to find yourself in as the CEO.

Blog 417

Blog Gordon CEO Consultative 417

N2Growth Blog

JUNE 29, 2010

Just having a definition for what constitutes acceptable behavior is a positive step in containing the crazies. Understanding the WIIFM Factor : Understanding the other person’s WIIFM (What’s In It For Me) position is critical. If conflict does flare up, you will likely minimize its severity by dealing with it quickly.

Blog 313

Blog Brand CEO Consultative 313

CO2

SEPTEMBER 6, 2018

The perceived need to learn something new is inversely proportional to the rank of a manager. Be sure to take into account if the employee has had to switch roles multiple times, though, or make huge changes in order to accommodate different managers’ expectations. That’s really short-sighted.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

Surviving Leadership

OCTOBER 29, 2018

This was a helpful realization – it reminded me that even in the most challenging of environments, you can identify positive elements to take with you. . At this meeting, employees heard from the CEO, CHRO, General Counsel, COO, CFO, CMO, and any business leaders spearheading a major initiative.

CFO 58

CFO P&L Call Center COO 58

CO2

SEPTEMBER 6, 2018

Seeing these connections and implications may remind you of the need to be an active learner as a leader (not a finished product). “The perceived need to learn something new is inversely proportional to the rank of a manager. These situations can stifle typical developmental-progress trajectories. That’s really short-sighted.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Coaching Tip

SEPTEMBER 30, 2011

For instance, let’s look at branding and positioning. B2C companies invest millions to understand the various personas, segments, demographics, and geographical nuances to help them determine how to position and manage their brands to appeal to the faceless masses. I’m a living case-in-point. Yes, I’m a Coke advocate.

B2C 95

B2C B2B Marketing CIO 95

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. This critical alliance needs and deserves much greater analysis and application.

CFO 8

CFO Chief Financial Officer Due Diligence Compliance 8

The Horizons Tracker

MARCH 15, 2020

There’s no manager to select team members, much less to assign them the roles they’ll undertake. Who would be CFO or COO? For instance, white guys with a prominent firm on their resume were highly likely to be given the top job, whereas Asian women were much more likely to get lowly positions. Assigning roles.

Team 105

Team Entrepreneur COO CFO 105

Lead Change Blog

NOVEMBER 7, 2016

Jill explains how you can pluck out the meaningful messages and take positive action.” 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.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

Marshall Goldsmith

FEBRUARY 8, 2018

Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. World authority on project management. Co-author: Predictable Magic.

Executive Coaching 70

Executive Coaching CEO Banking Magazine 70

Mills Scofield

NOVEMBER 18, 2011

In meat plants, tens of thousands of operators are “whizzing” meat products everyday in over sixty countries around the world. By the end of 2010, we have a prototype adaptation of our Whizard trimmer for tissue processing operating with the original customer, but we know that the tool is unsatisfactory in many ways.

Succession 70

Succession Industry Stage-Gate CFO 70

Harvard Business Review

NOVEMBER 8, 2011

However when this happens it often creates an awkward and uncomfortable set of dynamics, and there's no blueprint for how to manage them. Here's an example*: Peter was the divisional CFO for the consumer unit of a global products company. When Sarah left, Operations also was reconfigured.

Management 13

Management Restructuring CFO Operations 13

Miles Anthony Smith

MAY 2, 2018

Unlike a business, your personal brand doesn't have hours of operation, it simply is 24/7/365. Graham Keen "Inspirational CEO/CFO turned positive-psychologist resiliently transforming businesses & financial performance." I have a documented track record of business development, operational planning, and leadership.

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

MARCH 23, 2015

Most finance managers in both large and small businesses encounter numerous proposals for capital investments and many of the people proposing these investments don’t have a clear picture of what the return will be. When the CFO analyzed it and said “No way,” the owner got another CFO. ” Guess what?

Finance 8

Finance NPV CFO ROI 8

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 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

MARCH 2, 2017

” The management literature is overflowing with advice on becoming the boss. With transparency in succession planning becoming a priority, career management for senior executives becomes easier. You can be stronger at one of them, but you need to know how to manage both.

CFO 8

CFO How To CIO Finance 8

Harvard Business Review

JUNE 8, 2018

However, many investors seem to have concluded that the most successful companies with tens of billions of dollars of valuation today could never have justified their valuation at the start of their operation based on discounted cash flow. So, investors, and therefore managers, might be adjusting their approach to risk accordingly.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

AUGUST 29, 2011

This has become a favorite management insight as I advise bosses and boards. The former CFO did not go quietly. Meanwhile, the CEO and new CFO had to raise capital and revenues to make up for the shortfall, which the disgruntled former CFO blamed on everyone else. They need to see that you operate by principles.

CFO 15

CFO Chief Financial Officer Cooper Learning-by-Doing 15

Harvard Business Review

OCTOBER 26, 2011

It's difficult to get senior executives who have been successful managing a particular way to realize that they need to change their approach. As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key.

Finance 12

Finance CFO Budgeting Operations 12

Strategy Driven

JANUARY 28, 2011

Thought leader Sharon Drew Morgen has uncovered what keeps organizations from moving forward and in her new book, Dirty Little Secrets , she reveals what potential buyers need to know to expedite the process of bringing positive change to their companies. But we can’t continue to use our positions merely to influence others.

Servant Leader 50

Servant Leader Newsletter Resources CFO 50

Harvard Business Review

MARCH 6, 2013

An article published in CFO.com indicates that in one study, more CMOs report sharing marketing information with their CFOs than CFOs reported receiving. In that same study, most CFOs believed that marketing could have a positive impact on profitability but 40% of them didn't know if CMOs were even trying to do so.

CFO 8

CFO Advertising Finance Marketing 8

Harvard Business Review

MAY 3, 2017

If you’re a business leader looking for an opportunity to have real impact on your company — and position yourself for the top job — which career path is best? That the CHRO role, although at first it may look career limiting, can have more impact than any other position reporting to the CEO?

Quinn 14

Quinn Execution CFO Forrester 14

Terry Starbucker

AUGUST 13, 2017

After all, I had earned it, having just finished a 28 year run as a CPA, cable company VP of Operations, football stadium project manager, VP of Development for another cable company, and finally, a cable company SVP of Operations. Leaders need to love to solve problems driven by this curiosity.

CPA 192

CPA COO CFO Leadership 192

Harvard Business Review

DECEMBER 25, 2014

In the case of Rohm and Haas this process began in earnest in 1985 with the appointment of a Greek national, Dr. Basil Vassilou, to head our operations in Europe; followed by a Cuban, Henri Martinez, heading our Latin American operations starting in 1988; an Indian American (myself) heading up Asia Pacific operations in 1993.

Team 13

Team Diversity CFO TSR 13

Harvard Business Review

FEBRUARY 18, 2011

One of the biggest challenges they face is how to manage a diverse group of people across a broad geographic scope. At Hartwell Pacific, the global metal recycling company I founded in 1993 and exited in 2008, I was operating factories in six different cities in four countries, so developing an effective global management system was critical.

P&L 15

P&L Globalization CFO Operations 15

Harvard Business Review

AUGUST 22, 2018

Water, no ice, please,” said Noelle Freeman, the CFO of Franklin Climate Systems. As CFO, Noelle was, of course, concerned about the numbers. She’d gone to Arkansas to review operational plans and financial projections for the rest of the year with the team on the ground. Illustration by James Yang.

Case Study 13

Case Study CFO Bottom-up Operations 13

Harvard Business Review

DECEMBER 2, 2016

Over the past 10 years, the hospital’s managers have transformed their institution from the usual, grim, human-repair shop into a bright and comforting place. An example of a more complex change to the hospital’s operations is the newly created culture and training program called “Eye Care Air.” Insight Center.

Health Care 8

Health Care Airlines CFO Operations 8

Harvard Business Review

NOVEMBER 17, 2015

Companies that separate the roles of CEO and chairman and appoint strong outsiders to the latter position may have one advantage: they are more likely to benefit from strong governance. operations in favor of financial performance. The Volkswagen debacle, just like other big crises, reminds us how expensive weak governance can be.

CFO 8

CFO Crisis Mass Marketing IPO 8

Harvard Business Review

JUNE 5, 2018

As soon as you step into a top position at a company that needs to significantly improve the way it operates, there’s pressure to get off to a quick start. Managers grumbled, and the CEO wasn’t as enthusiastic as he should have been, but Greg assumed these were consequences of the inevitable resistance to change.

Supply Chain 12

Supply Chain CEO Kahneman Self-aware 12