The CFO Playbook on Human Capital: Overcoming the Challenges of Developing and Retaining Talent
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About CFO Playbook
CFO Playbook is a series of educational Best Practice Webcasts, podcasts, eBooks, and events providing you with practical knowledge and insights from your peers.
In today's global war for talent, companies are on a mission to acquire specific skill sets to drive profitable business growth tomorrow. In this regard, they are focused primarily on securing the necessary talent from external sources.
Yet, within most organizations are already many highly-qualified people who can be groomed to provide these proficiencies. The challenge is discerning the current employee base to detect skill voids and determining ways to address these gaps through targeted education and training.
This all seems simple enough, yet many CFOs historically have been reluctant to invest financial capital in human capital. The investment is perceived as high-cost with an indeterminate return, making it difficult to verify whether or not the expense in employee education and training will yield long-term benefits.
This view predominated during the capital-starved recession for understandable reasons, but with companies now unleashing their cash hoards it seems prudent to direct a portion towards the organization's most valuable asset -- its people. Choosing the appropriate training and education programs and measuring the respective success of these ventures is the subject of this Webcast.
During this Webcast, a panel of experts will share their insights about:
- Best practices in employee training and education -- what world-class organizations are doing to align their human capital with strategic goals;
- Proven methods in evaluating current skill sets to discern voids in intellectual capital;
- The use of mentoring programs to pass on expertise to younger workers;
- The utility of "learning maps" and other virtual tools to develop human capital resources; and
- Ways to measure the effectiveness of current and future training and education programs.
About the Panelists
Stephen Goveia, Corporate Vice President, Human Resources, and Corporate Secretary, Tectura Corporation
Stephen Goveia is Corporate Vice President of Human Resources and Corporate Secretary with Tectura Corporation, the largest reseller of Microsoft software in the world, with sixty-five offices in Europe, Asia and North America. He has a long track record of successfully establishing start-ups and restructuring complex businesses in the U.S., Europe and Asia.
Faisal Hoque, Entrepreneur and Author
Faisal Hoque is the founder and chairman of MiND2MiND Exchange, B2B ForeSight, BTM Corporation and the research think-tank BTM Institute. His next book, which will be available from McGraw-Hill in early 2014, is Everything Connects: How to Transform and Lead in the Age of Creativity, Innovation, and Sustainability.
Ravin Jesuthasan, Managing Director, Global Practice Leader, Talent Management Practice, Towers Watson
In addition to leading numerous large-scale, global restructuring and transformation engagements in his role as Managing Director and Global Practice Leader of Towers Watson's Talent Management Practice, Ravin Jesuthasan has published numerous articles and led several global research efforts on the topics of measurement and analytics, human capital management, rewards, labor cost optimization and talent management. He is the co-author of the book Transformative HR: How Great Companies Use Evidence-Based Change for Sustainable Advantage.
About the Moderator
Russ Banham is the Senior Writer at CFO magazine. During the past three decades, Mr. Banham has written close to 200 feature stories for CFO and CFO.com, as well as thousands of articles for many other business publications, including Forbes, The Economist, The Wall Street Journal, Financial Times, Chief Executive, U.S. News and World Report, Journal of Accountancy, and many others.
He is the author of 23 books, including The Ford Century, the award-winning, international best-selling history of Ford Motor Company, translated into 13 languages, and The Fight for Fairfax, detailing the extraordinary economic growth of northern Virginia in the aftermath of World War II. His various books have led to several television appearances, including on the TODAY show and A&E's Biography. He is currently writing a history of aviation in Hawaii.