Human Capital: Page 30
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Growth in Health-Care Consumerism Slows
Consumer-directed health plans (CDHPs), which allow participants to tailor their amount of coverage to their expected consumption of health-care services, have become a key strategy for managing both employee and employer costs.But it appears that the CDHP “revolution,” if you will, might not mat...
By David McCann • June 7, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Chiefs Praise Deloitte’s CFO Academy
This is the second of two articles about how finance professionals who are a step or two away from a CFO seat can make the final strides. Read the first one here.People who are a mere promotion away from becoming the chief financial officer of, say, a Fortune 200 company are already extraordinari...
By David McCann • June 2, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
What Makes for a Public-Company CFO?
This is the first of two articles about how finance professionals who are a step or two away from a CFO seat can make the final strides.How did finance professionals come to be on the CFO track and, ultimately, land a finance-chief job at a big public company?Certainly, all of them became deeply ...
By David McCann • May 31, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 26
Tire manufacturer Bridgestone Americas has promoted Amanda Mathis to finance chief. She joined the firm in 2012 as controller of the consumer tire division, and was appointed vice president of finance for Bridgestone Americas Tire Operations North America and acting CFO last September.Amanda Math...
By Joan Urdang • May 26, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Three Ways Health-Care Leaders Are Leveraging Big Data
Consumerism, disruption, innovation, retail health, transformation, big data: A new set of words is dominating the health-care lexicon. The vocabulary reflects the fact that smartphone-connected consumers have catapulted health-care delivery into the Internet-based, on-demand economy.Success in t...
By Jason Sussman • May 26, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 19
W. Douglas Benn will retire from the top finance spot at restaurant chain The Cheesecake Factory, effective July 7. Matthew Clark, currently senior vice president of finance and strategy, will replace him.Haresh Shah Avis Budget Group said that president and CFO David Wyshner has resigned. The co...
By Joan Urdang • May 19, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ford to Cut 1,400 Jobs in Profitability Push
Ford Motor said Wednesday it would cut its salaried workforce in North America and Asia by nearly 10% as it seeks to boost profitability amid a falling stock price.The No. 2 U.S. automaker said it must focus on “becoming as lean and efficient as possible” as it announced job cuts that will affect...
By Matthew Heller • May 17, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Senate Confirms Jay Clayton as SEC Chair
The U.S. Senate has approved the nomination of Jay Clayton as chairman of the Securities and Exchange Commission, putting a lawyer who one Democrat called “one of Wall Street’s most loyal guardians” in charge of the regulator.“I look forward to working closely with my fellow commissioners and the...
By Matthew Heller • May 3, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Clicking with CEO Trumps Meeting Financial Goals
For some reason, quite a few people pitching articles to CFO still feel compelled to point out to us that being a finance chief is “no longer all about the numbers.” Yes, we know.But even we were surprised by new research suggesting that from a CFO’s point of view, failing to meeting financial go...
By David McCann • May 3, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Sales Incentives Are Powerful, So Use Them for Good
When Wells Fargo designed its incentive compensation program, leaders most certainly did not expect its impact: $185 million in fines; the firing of 5,300 employees; the clawback of $75 million in compensation from top former executives; the ouster of the CEO; and a global scandal in which as man...
By Mark Donnolo • April 28, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Fight the Perception that You Can’t Communicate
There’s persistent chatter circulating through the business world that, in general, financial executives are not strong communicators. I don’t know how it started (probably in HR), but it’s a common conceit that when you take the spreadsheets away, your average CFO/controller type will be at a lo...
By John Touey • April 24, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Attracting Millennials to the Finance Team
Finding qualified people — especially younger professionals — to staff the finance team continues to be a challenge. Here are five articles that explore new approaches to attracting, hiring and managing top finance talent.Hire ExpectationsThe shortage of young finance talent is widely discussed a...
By CFO Editorial Staff • April 8, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Feds Eye H-1B Dependent Firms in Crackdown
The Trump administration made a move Monday to crack down on employers who hire foreigners over Americans, saying it would tighten scrutiny of the H-1B visa program.On the same day the program started accepting H-1B applications for the fiscal year beginning Oct. 1, 2017, U.S. Citizenship and Imm...
By Matthew Heller • April 3, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Care: Whatever Happens, Most Companies Will Stand Pat
As Congress and the Trump Administration regroup after the failure of the Republicans’ bill to repeal and replace the Affordable Care Act, it’s looking unlikely that there will be another attempt — anytime soon, at least — to scotch the ACA.But even if there is no such attempt, it’s not yet clear...
By David McCann • March 28, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Internal Audit Losing Prestige, Survey Finds
In the eyes of CFOs and many other senior executives and board members, the internal audit function is fast losing prestige, a new study suggests.The reason? Most internal auditors are slow to help their employers prepare for and respond to major corporate “disruptions” like big regulatory change...
By David Katz • March 22, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
‘TrumpCare’ to Increase Uninsured by 24 Million
The nonpartisan Congressional Budget Office has estimated that 24 million fewer Americans will have health insurance coverage in 2026 under the Republican Obamacare replacement bill, though a Forbes analysis put the number at 5 million.Democrats and other opponents of the bill seized on the CBO’s...
By Matthew Heller • March 14, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Juniper Crashes Brave New Worlds of Networking
Juniper Networks has made its living for 20 years by selling networking hardware like routers and switches, mostly to telecommunications companies.Ken Miller But while that business still provides the bulk of the company’s revenue and must be serviced and maintained, it’s no longer growing. So Ju...
By David McCann • March 10, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 3
CFO David Burritt has been named president and COO of U.S. Steel. He will continue in his role as CFO until a replacement has been found.Thomas Aaron Susan Panuccio has been appointed to head finance at News Corp, succeeding Bedi Singh. She had been finance chief of News Corp Australia since 2013...
By Joan Urdang • March 3, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hire Expectations
The shortage of young finance talent is widely discussed among CFOs, but rarely closely examined. The shrinking unemployment rate has drained the talent pool in many corporate functions and industries, and companies continually complain that they can’t find qualified staff. For finance department...
By David McCann • March 2, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Feb. 24
JetBlue Airways has promoted Steve Priest to finance chief, replacing interim CFO Jim Leddy. Previously, Priest was vice president, structural programs, at the airline.John Barton Deepak Ahuja has been named to lead the finance function at Tesla, replacing Jason Wheeler, who is leaving in April. ...
By Joan Urdang • Feb. 24, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Emerging Best Practice: Promoting CFOs from Within
Don’t hold the presses: The average age of CFOs at large companies is 53, and they’ve held that post with their current employers for an average of 5.1 years.They’re significantly younger and less-tenured than the average CEO, who is 58 years old and has been in his or her existing job for 8.0 ye...
By David McCann • Feb. 21, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Feb. 17
Robert Roche has been chosen to head finance at Carlisle Cos. He takes over for Steven Ford, who will remain secretary and general counsel. Previously, Roche held several posts at Tyco International, including chief operating officer; senior vice president of finance; and senior vice president, c...
By Joan Urdang • Feb. 17, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Square-Off: Is Raising the Minimum Wage a Good Idea?
Raising the minimum wage won big last November. A handful of states passed legislation to significantly hike pay floors across the country, which may represent a building sea change in public opinion away from business interests. From New York City to Seattle, the “Fight for $15” is increasingly ...
By Sean Allocca • Feb. 16, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Government Should Bear the Minimum-Wage-Hike Burden
Debates about the minimum wage should emphasize the long-term effects, not the immediate impact on the quantity of jobs and hours worked. Yes, at the margin, employers may quickly make some cuts to offset their increased costs. But labor is only one cost among many.Oren Cass WageFor a business mo...
By Oren Cass • Feb. 16, 2017 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The True Cost of a ‘Living Wage’
With the election of Donald Trump, the chances that the federal minimum wage will be raised are now slim to none. But the drive for a hike in the wage floor, especially after recent increases have come at the state, city and company level, will likely not end anytime soon.Joel Naroff Living wageS...
By Joel Naroff • Feb. 16, 2017
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