Human Capital: Page 38
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gaining Altitude
Mark Powers has no trouble remembering the exact date when his career in the airline business began: September 23, 1983. That was when he joined Continental Airlines, the same day the carrier filed for Chapter 11 bankruptcy protection. “There’s nothing like learning the importance of cash when yo...
By Edward Teach • March 31, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
China Airports Dominate World’s Best
For all you CFO world travelers out there (and we know that’s a lot of you): great news. We have a list in hand of the best airports across the globe, courtesy of airport ranking agency Skytrax, with a hat tip to Forbes. Skytrax grades the airports based on a long list of factors, including publi...
By Marielle Segarra • March 27, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ended March 21
Tiffany & Co. has selected Ralph Nicoletti to head finance, effective April 2. He succeeds CFO and chief operating officer James Fernandez, who plans to retire in July. Most recently, Nicoletti held the top finance spot at Cigna.Bedding manufacturer and retailer Select Comfort has named David...
By Joan Urdang • March 21, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Health-Care Reform Really Hurting Companies’ Performance?
Was all the griping by finance executives over added costs imposed by the Affordable Care Act just a bunch of hot air? Apparently their human-resources leaders think so.Among 723 respondents (mostly HR leaders) to a January survey by Mercer, results of which were revealed in a Wednesday webcast, ...
By David McCann • March 13, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Performance Incentives Backfire?
In a previous career incarnation when I supervised people, I exhibited several behaviors that weren’t covered in Management 101. I treated each person differently, tried to make friends with everyone, tolerated insubordination, gave perversely glowing reviews to mediocre performers and delegated ...
By David McCann • Feb. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How CFOs Have Fun, Part 2
This is the second of two stories spotlighting CFOs and their hobbies. Read the first one here.Paul Blubaugh has been torn between music and business since he was a kid. He started out in college as a business major but quickly switched to guitar performance. But upon receiving bachelor’s and mas...
By David McCann • Feb. 21, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
TV & Movie Productions Face Obamacare Nightmare
The Obama Administration’s February 10 announcement of another delay in the employer mandate under the Affordable Care Act did little to assuage the ACA-related cost concerns of the movie and television production industry.Companies with between 50 and 99 full-time-equivalent employees (FTEs) are...
By David McCann • Feb. 13, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How Worker Value Is Like Customer Value
CFOs and human resources leaders managing a workforce might have something to learn from a modern gauge of customer value.Following the lead of the software industry, where high customer value derives from long-term subscribers who generate substantial, recurring revenue, many companies today try...
By David McCann • Jan. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Dell CFO Brian Gladden Resigns, Eyes a CEO Chair
Dell finance chief Brian Gladden has resigned, reportedly to become CEO at a different, as-yet-unnamed company. He has previous CEO experience, with Sabic Innovative Plastics Holding, formerly GE Plastics. Gladden had worked at General Electric for more than 20 years in a variety of divisional fi...
By David McCann • Jan. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Five CFOs Who ‘Engineered’ a Finance Career
A search in the S&P Capital IQ database, for sitting CFOs with undergraduate degrees in engineering, returns 1,466 results. No, there’s not a mistaken extra digit in there.Some portion of those are duplicates — people who run finance for multiple entities under one corporate umbrella, for exa...
By David McCann • Jan. 24, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Start Managing Your Career Before It Manages You
If you have been in your current CFO seat for more than four years, you will most likely be making a job change this year (or early next).Regardless of your tenure, you want to be the one calling the shots in this transition — not your new CEO or the board — and you don’t want to be held hostage ...
By John Touey • Jan. 16, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why You Should Hire Autistic Employees
I’ve long favored an approach to managing employees that stops short of anything that smacks of regimentation, particularly when it comes to a clock-punching mentality. It might not apply to an assembly line, but for many commercial endeavors — designing software, providing outsourced accounting ...
By David McCann • Jan. 15, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
General Motors Hoists Company Insider to CFO
General Motors Co. has elevated corporate “insider” Chuck Stevens to CFO of the company from his prior post as finance chief of GM North America, The Wall Street Journal reported Tuesday.Stevens succeeds Dan Ammann, who was named president today. John Stapleton, currently CFO of GM global manufa...
By David Katz • Jan. 15, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New Obamacare Fee to Be Less in 2015: HHS
The Department of Health and Human Services (HHS) in December proposed regulations that state how much the “transitional reinsurance fee” mandated by the Affordable Care Act (ACA) will cost employers in its second year.The fee, intended to help stabilize insurance premiums in the individual marke...
By David McCann • Jan. 7, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Seeking a CFO Job? Play the Odds
If you’re good at Blackjack, you might be more likely to get that CFO post you’re looking for. Winning either the card game or the career game depends significantly on factoring many variables into a calculation of the odds that a particular strategy will pay off.For example, someone who has neve...
By David McCann • Jan. 6, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Are Boomerangs Your Best Leadership Strategy?
John Boudreau A skilled operator can make a boomerang perform amazing feats. It can be tossed a long distance, precisely travel a planned arc and then return to exactly the right place: the hands of the thrower. Its value is realized only when it’s thrown away. To someone who does not understand ...
By John Boudreau • Dec. 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Competing Laws Boost D&O Costs for Health Firms
Competition among federal statutes is likely a key factor in the skyrocketing cost of liability insurance for the directors and officers (D&O) of health-care companies. The price tag spiked again in the third quarter, continuing a trend that began two years ago after years of declining D&...
By David McCann • Dec. 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Groups Join to Uncover Truth about Private Exchanges
Might a private health benefits exchange be right for your company’s active employees? In all likelihood you have no idea, even if you have a decent working knowledge of what private exchanges are.Some confusion is understandable. For one thing, each private exchange differs from the others, ofte...
By David McCann • Dec. 18, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Missing Link That Ties IT to the C-Suite
Martha Heller The first order of business for new CIOs is to restructure IT so that it better aligns with the business. Key to this restructuring are the “business relationship executives” — persons well-versed in a business domain or market segment but also capable of building a business case fo...
By Martha Heller • Dec. 13, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Eight Top Issues for CFOs in 2014
Donniel “Don” Schulman, Accenture Thanks to their successful financial stewardship during the economic downturn, when aggressive cost-shedding helped keep profits at acceptable levels, many CFOs are now poised to leverage the full potential of their enhanced status and become leaders of broader s...
By Donniel Schulman • Dec. 3, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Reinvention of an Industrial Titan
The quaintly named E.I. du Pont de Nemours and Company was founded in 1802 as a gunpowder manufacturer. That remained its main product until late in that century, when it delved into dynamite and nitroglycerin. (The company later upped the explosive ante considerably by helping along The Manhatta...
By David McCann • Nov. 22, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Nov. 22
General Dynamics has promoted Jason Aiken to the top finance spot, effective Jan. 1. He will take over from L. Hugh Redd II, who is retiring. Aiken currently heads finance at Gulfstream Aerospace, a wholly owned subsidiary of General Dynamics.Patrick McGuiness has resigned as finance chief of Tif...
By Joan Urdang • Nov. 22, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Sponsors Juice Up 401(k) Plans
It’s become a well-worn story: Baby Boomers reaching retirement age with insufficient financial resources to see them through the rest of life, and younger workers not socking away cash at a rate that would help them avoid that fate themselves.Those sad realities are making retirement benefits a ...
By David McCann • Nov. 20, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pushing People Buttons ’til It Hertz
In the late 1980s and early 1990s, while working at a news magazine called Business Travel News, I covered the car-rental industry. Oh, was it interesting. The competition among the five largest operators was hot like the sun. They hated one another with a molten-lava kind of passion. It was not ...
By David McCann • Nov. 14, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pension Plans Scramble to Shed Risk
The rampaging stock market and a recent rise in interest rates have greatly improved the funded status for employer-sponsored defined-benefit (DB) pension plans. One result is a stampede of sponsors looking to de-risk their investments of plan assets.Responding to a recent Towers Watson survey of...
By David McCann • Nov. 12, 2013
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