Human Capital: Page 39
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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.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CISOs: The CFOs of IT
While cyber-security risks are top of mind for many executives, not many have considered bolstering their capabilities in this area via an addition to the management team. But it may be high time do so by hiring a chief information security officer (CISO).Five years ago, hiring a CISO would have ...
By Alissa Ponchione • Nov. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health-Insurer CFO Grapples with Obamacare Impact
For the CFO of a health-insurance company these are heady times indeed. Count the ways.There’s taking on the risk of participating in the public exchanges created under the Affordable Care Act that are now (if quite shakily) available to consumers. Health insurers are also now forced to make assu...
By David McCann • Nov. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pandora in Tune with Music Streaming’s Future
Pandora Media CFO Mike Herring will be the first person to tell you that music is a very personal experience. Embracing this philosophy is what has made Pandora successful. But Pandora’s customers are hardly listening alone: the company is the de facto leader in Internet radio, with more than 70-...
By Alissa Ponchione • Oct. 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Oct. 18
Morningstar has named Stéphane Biehler finance chief. He has been chief accounting officer and corporate controller at NYSE Euronext since 2007.Christopher Halmy has been promoted to the top finance spot at Ally Financial, effective November 8. Halmy, who is corporate treasurer, will replace Jame...
By Joan Urdang • Oct. 18, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 11
Clear Channel Media and Entertainment has named Steven Macri to head finance. Most recently, he was CFO at LogicSource.Peter Keegan will retire from the top finance spot at Loews in May, when he will become a senior adviser. He will be succeeded by senior vice president David Edelson, who has bee...
By Joan Urdang • Oct. 11, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do the Math: ‘Business Algebra’ Reveals Pivotal Talent
CFOs and their colleagues in the finance and accounting functions are good at expressing their organizations’ value-creation logic as mathematical relationships. For example, in a consumer-goods company, sales volume of a product might be calculated with this algebra:Breadth (the percentage of mo...
By John Boudreau • Oct. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending Oct. 4
James Mackey has been named to lead the finance function at Freddie Mac, effective the week of November 11. He succeeds Ross Kari, who had said he planned to retire. Mackey had been CFO of Ally Financial, where he will be replaced by corporate treasurer Christopher Halmy.McKesson, an IT and healt...
By David McCann • Oct. 4, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 27
Patrick McClymont has been named to the top finance spot at Sotheby’s, effective October 7. He takes over from William Sheridan, who is leaving the company but will stay on until year-end to aid in the transition. McClymont comes to the auction house from Goldman, Sachs & Co., where he was a ...
By Joan Urdang • Sept. 27, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Transform the Finance Function
Finance transformation: two words that draw out the skeptics, particularly from finance organizations that consider themselves mature and efficient.Excuses for not undertaking a finance transformation are plenty: all is working well, so why change things; the organization is experiencing too much...
By Frank Friedman • Sept. 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Oracle Pay Move about Show or Dough?
I’m on record as saying, more than once, that I think all the loud debate and incessant hand-wringing over supposedly excessive executive compensation are out of proportion to more pressing corporate concerns.To clarify, I think that generally. There are limits, to be sure. If I held ultimate pow...
By David McCann • Sept. 24, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why Would You Want to Work for a PE-Backed Firm?
When speaking with senior financial executives about their career aspirations, the conversation often turns to a desire to work for a private equity-backed company. I am talking about a large majority of respondents here – at least 70 percent. When I ask why, the answer invariably focuses on the ...
By John Touey • Sept. 23, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Link Between Health-Care Quality and Stock Price?
Companies with aggressive programs designed to improve employees’ health like to talk about such efforts being “the right thing to do” for workers. Some are also not shy about ballyhooing the positive cost impact that’s thought to flow from a healthier work force.Now comes new research that is am...
By David McCann • Sept. 20, 2013