Human Capital: Page 41
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For Hiring, Honesty’s the Best Policy
Sometimes one gets the feeling that companies would rather go bankrupt than admit any failing, no matter how trivial. Ever seen the movie “Pleasantville”? It’s like that.But perhaps if companies were more honest about what really goes on inside their walls, they’d be less likely to fail financial...
By David McCann • Aug. 6, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 2
Bruce Koepfgen, head of finance at Janus Capital Group, has been promoted to president of the investment company. Treasurer Jennifer McPeek will take over as CFO.Richard Bressler has been named president and CFO of CC Media Holdings Inc. and Clear Channel Communications Inc., as well as CFO of Cl...
By Joan Urdang • Aug. 2, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Private Exchange Wars
This is the second article in a three-part series about private exchanges. Part 1 documented growing interest in the products among large companies. Next: a profile of an exchange provider with a model unlike most others.Just what, exactly, is a “private exchange”?Almost everyone agrees that it’s...
By David McCann • Aug. 1, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Help HR’s Grasp Equal Its Reach
“Ah, but a man’s reach should exceed his grasp, Or what’s a heaven for?” The Robert Browning poem that contains those lines, “Andrea del Sarto,” makes me think of challenges facing many human-resources departments today. In the poem, Del Sarto, a 16th-century painter, describes his love for his w...
By John Boudreau and Ian Ziskin • July 31, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Scrambling for the Green
It’s often said that small and midsize businesses are the lifeblood of the economy. And they are, when they’re growing. But what happens when a company runs out of room to grow? At PG Professional Golf, CFO Tony Ford is struggling with that question. The number of golfers in the United States has...
By Marielle Segarra • July 31, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Big Companies Eye Private Health-Benefits Exchanges
This is the first of three articles about private exchanges. Next: What’s the best funding model for benefits plans offered through exchanges? Interest among large companies in private health-insurance exchanges for active employees, which has been incubating for a few years, is poking into the d...
By David McCann • July 30, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Earning Their Keep
In the wake of the financial crisis, Occupy Wall Street protests and the debut of shareholder “say on pay” voting in 2011, investors have ratcheted up their scrutiny of executive compensation at public companies. Not surprisingly, one trend has grown stronger than ever since we last surveyed CFO ...
By Russ Banham • July 29, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Are Companies Bluffing on Health Benefits?
Opponents of the Affordable Care Act have repeatedly labeled it a jobs killer, and many small employers have threatened to reduce their work forces (or say they already have) because of it. Those just above the 50-employee threshold over which they must offer workers health insurance or pay a tax...
By David McCann • July 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 26
Time Warner Inc. has named Howard Averill to the top finance spot, effective January 1, 2014. He replaces John Martin, who will become CEO of Turner Broadcasting System Inc. Averill is now CFO of Time Inc.Grocer Supervalu Inc. has appointed Bruce Besanko to lead the finance function, effective Au...
By Joan Urdang • July 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A New Breed of CFO
For a group of Silicon Valley CFOs who meet about once a quarter to discuss the challenges they’re facing, the notion that they exemplify a “new breed” of finance chief is an underlying theme.These folks tend to spend less than half of their time on traditional finance functions like reporting, t...
By David McCann • July 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Train for Gain
When you consider how bummed out finance leaders are over what they see as a shortage of talent with the skills they most covet, it’s a wonder they can function at all. Here’s what I’m wondering: Might they not, to some degree, be properly held accountable for the shortage? If there actually is o...
By David McCann • July 23, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Road Map for Ascending to CEO
So, you want to be the CEO? As CFO and second-in-command, you might consider that a natural progression. But don’t assume that your close working relationship with your boss means you’re deeply familiar with all of a chief executive’s job requirements. Even CFOs with a good sense of that need a p...
By Jay Scherer and Mary Herrmann • July 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 19
Tushar Morzaria, CFO of corporate and investment banking at JPMorgan Chase & Co., has been named to head finance at Barclays Plc, effective next February. He will replace Chris Lucas, who plans to retire then.Dale Reid has retired as CFO and executive vice president, finance, at Allegheny Tec...
By Joan Urdang • July 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Going Private: Tougher than Going Public?
At the time of this writing, with Dell Inc. embroiled in a high-stakes tug-of-war over ownership of the company and the situation changing daily (and even hourly – a shareholder vote scheduled for this morning was abruptly postponed until July 24), I’m thinking of the challenges in store for Dell...
By David McCann • July 18, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 12
Finance chief Gretchen Haggerty, who joined U.S. Steel Corp. in 1976 and has been CFO since 2003, plans to retire this year. A search is under way for her successor.Michael Huseby, who has headed finance at Barnes & Noble Inc. since March of last year, has been named president of the company ...
By Joan Urdang • July 12, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Divestitures Can Spawn Costly Human-Capital Errors
A recent surge in divestitures underscores a tendency among both buyers and sellers in such deals to underplay certain human-capital elements during pre-deal preparation, a new Ernst & Young (E&Y) report suggests.Many of the most recent notable companies shedding businesses have spun them...
By David McCann • July 12, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pension Advisers Talk Like CFOs
CFOs have an edge if they can talk about finance in a way that’s meaningful to key stakeholders who aren’t finance people, like some board members and investors. And when they’re on the receiving end of communications they’re like anyone else: they’re more responsive when the communicators speak ...
By David McCann • July 10, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Obamacare Delay Poses Legal Risk to Employers
Companies with many low-wage, part-time workers may be sighing with relief after the controversial one-year delay announced last week for the employer-mandate provisions of the Affordable Care Act (ACA). But some of those same companies could be on a path to employee-relations and legal troubles ...
By David McCann • July 9, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 5
Westell Technologies Inc. has named Tom Minichiello to lead the finance function. He joins the firm from Tellabs, where he was acting CFO.Kenneth Kay is stepping down as finance chief of Las Vegas Sands Corp., effective July 31, but will remain a consultant. The company plans a search for his suc...
By Joan Urdang • July 5, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Jumpy over Upcoming Obamacare Provisions
Almost half of large and midsized U.S. employers have made or are considering changes to their workforce strategies specifically in response to provisions of the Affordable Care Act (ACA) that have yet to take effect next, new research by Towers Watson finds.Most of the changes would be to so-cal...
By David McCann • July 2, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 28
Walter Borst has been named to the top finance spot at holding company Navistar International Corp., effective August 1. He replaces Andrew Cederoth, whom the company previously said would be leaving. Borst joins the firm from General Motors, where he was chairman, president and CEO of GM Asset M...
By Joan Urdang • June 28, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is R&D Spending Ready to Blow?
Companies are poised on the cusp of a transition from the cost-saving and cash-hoarding mode many have been in since 2008, to a more innovative mindset marked by a willingness to resume spending on research and development. CFOs will be point people for executing that transition.So says David Axs...
By David McCann • June 27, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Same-Sex Marriage Ruling: How Costly?
Today’s Supreme Court ruling that the Defense of Marriage Act (DOMA) is unconstitutional will raise benefits costs for many employers. But the impact is expected to be modest and certainly won’t be at a level that could be considered material.DOMA, enacted in 1996, defined marriage as “a legal un...
By David McCann • June 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How the Right CEO/CFO Mix Sparked Growth
Being successful in the C-suite requires lots of skills, and of them, finding the right partnership between the chief executive officer and the CFO is a prescription for growth, said the two people who fill those roles at HSNi. “I clearly recognize that I could not be successful in this role with...
By Kathy Hoffelder • June 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Cure for Poor Human Capital Decisions?
There is a large amount of scientifically supported research about workplace behavior, but few managers are aware of it. That’s a problem, because knowing the research could allow leaders to make better human-capital decisions. The same problem afflicts the medical profession, but there are hopef...
By John Boudreau • June 25, 2013