Human Capital: Page 47
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Healthy Choices
Barely more than two years ago, the term “health-insurance exchange” was just nudging into the corporate lexicon. Today, it’s hot — and not just because of the state and federal exchanges to be created under the Affordable Care Act (ACA).Slated to come online in 2014, the public exchanges will al...
By David McCann • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Stopping Workplace Violence
On an August morning outside the Empire State Building, a man shot and killed a sales executive who worked for his former employer, Hazan Imports. Nine other people were injured in the shoot-out between police and the gunman. In November, an Apple Valley Farms employee gunned down two of his co-w...
By Marielle Segarra • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Work This Way
Name: Brian Kenyon Position: CFO of The Rock & Roll Hall of Fame and Museum Previous Positions: VP of finance and administration at The Rock & Roll Hall of Fame; VP of finance at International Total Services, an aviation staffing company; director of financial analysis at Signature Brands...
By Marielle Segarra • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Back to the Future
Some people live in the past, but Mike Kaelin is preoccupied with the year 2017. That’s because the CFO of RTI International tries to evaluate the company’s finance systems from the perspective of five years from now. “Historically, I wouldn’t say we had that forward-thinking view on things,” say...
By Matt Surka • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Open Minded
At least since the days of Bob Cratchit and his “dismal little cell,” finance staffers have been accustomed to working in adverse environments. Indeed, their ability to do so is practically a point of pride — comfort is for wimps. Some have been conditioned by stints at accounting firms, carrying...
By Edward Teach • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Future of Flash
Judy Bruner thought she had burned her bridges with SanDisk in 1999, when the flash-memory company first offered her the CFO job. Bruner, who was then corporate controller at 3Com, accepted the offer. But 3Com then asked her to become finance chief of its Palm computing subsidiary and spin it off...
By Edward Teach • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Office Space
Like the rest of the executive team at Steelcase, CFO Dave Sylvester works in an open work space, not an office. Occasionally he’ll make a confidential call in one of the shared enclaves, or pace during a conference call at a shared walkstation, a treadmill desk designed by one of the brands with...
By Alix Stuart • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 14
Technology distributor Avnet Inc. has appointed Kevin Moriarty to lead the finance function, effective January 2. He succeeds Ray Sadowski, who announced earlier in the year that he would retire. Moriarty joins the firm from Honeywell International, where he was CFO of the global aerospace unit.V...
By Joan Urdang • Dec. 14, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Downsize a Family Business
For more than 25 years, the family business I ran had a policy to never lay off employees. But finally there came a day when the business was being hammered by imports from China, and the only chance to survive lay in finally breaking the policy. And we needed to reduce not only rank-and-file hea...
By Larry Putterman • Dec. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“Reckless, Wrong-Headed” Pension Rules Could Savage Europe’s Economy
Employers, business organizations, politicians, and pension experts are lining up to dump criticism on European plans to impose legislation designed for the insurance industry onto company-sponsored pension plans. The proposals could cost British employers a whopping $565 billion (£350 billion, €...
By Andrew Sawers • Dec. 12, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Meet Your New Tech Leader, Different Than the Old Tech Leader
What is a chief technology officer? More importantly, why should CFOs care? The answer to the first question is multifaceted. The answer to the second question is this: we’ve fully entered the era of cloud, mobility, and Big Data. These are no longer tech trends; they’re facts of life. This me...
By Martha Heller • Dec. 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 7
Bedi Singh will become finance chief of the publishing entity of News Corp. after that firm’s proposed separation into two companies: the publishing unit will remain known as News Corp. and the media and entertainment division will become Fox Group. Formerly, Singh was CFO and president, finance ...
By Joan Urdang • Dec. 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hiring for Mobile? Join the Club
By 2016, 1 billion consumers will have smartphones, according to research firm Forrester, and the level of engagement with these devices seems to grow every day. Naturally, CFOs would like to reach the potential customers via their medium of choice.Not surprisingly, spending on mobile projects wi...
By Taylor Provost • Dec. 5, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Not Working at Work: The $130 Billion Drain
How would you feel if you knew that 61% of your employees were spending at least an hour per week on nonwork activities? Maybe you wouldn’t feel too badly. Everybody’s got to have a little time to attend to personal business, right?Just don’t delude yourself into thinking that the lost productivi...
By David McCann • Dec. 4, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The HR and Sustainability Nexus: An Untapped Asset?
The idea of “sustainability” or the “triple bottom line” (profit, planet, people) is increasingly a vital goal in financial and corporate social responsibility. What is less obvious is that sustainability and human resources may go together to contribute to high organizational performance.In a 20...
By John Boudreau • Dec. 3, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The 130-Day Year
Imagine you’re the CFO of a publicly traded, $1 billion company that makes all of its money in about 130 days of the year. Even within that short span, in no two months do financial results resemble each other. And you won’t be able to tell whether your $100 million annual capital budget has been...
By David McCann • Nov. 30, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 30
Wade Davis has been promoted to the top finance spot at Viacom. He replaces Jimmy Barge, who will leave the firm after a transition period. Davis had been executive vice president, strategy and corporate development.Wireless distribution firm Brightstar Corp. has named Thomas Seifert to head fina...
By Joan Urdang • Nov. 30, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Keep Unneeded Lawyers Out of Workers’ Comp
It’s no secret that workers’ compensation cases involving attorneys are generally more expensive. In fact, workers’ compensation, started a century ago to remove workers and their employers from the tort system, remains highly litigious.It does not have to be this way, however. By uncovering the ...
By Richard A. Victor • Nov. 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
What Holds CFOs Back from Operational Roles?
As a longtime partner with two CFO services providers, first Tatum and now the recently launched SCA Group, Larry Litowitz has had a bird’s-eye view of many different companies, all with different issues requiring different solutions. But there is one approach that yields great value, time and ti...
By David McCann • Nov. 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
ISS Targets Hedging, Pledging of Company Stock
One way for an executive or director to realize or lock in value from company stock that he or she owns is to simply sell the stock to a third party. But that, of course, will trigger income tax and dilute economic ownership and voting rights in the company. Besides, it may not be possible (becau...
By Andrew Liazos • Nov. 26, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 21
J.P. Morgan Chase has named Marianne Lake to succeed Douglas Braunstein as its CFO. Lake currently is CFO for the bank’s consumer and community banking unit. Braunstein will become vice chairman of the company when Lake takes the CFO role in 2013.Aegon, the Dutch owner of U.S. insurer Transameric...
By Bonnie Evans • Nov. 21, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO and His Company Grow Up Together
Dylan Smith has been a CFO for seven years. He’s now 27.Given his age, it almost goes without saying that the company he works for is in the technology field. Actually, he co-founded it.In the mold of Facebook’s Mark Zuckerberg and Eduardo Severin, Smith and his friend Aaron Levie launched Box, a...
By David McCann • Nov. 16, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 16
Retailer Best Buy Co. has appointed Sharon McCollam CFO and chief administrative officer, effective December 10. Earlier this year, she retired from Williams-Sonoma Inc., where she was CFO, chief operating officer, and a director of the company. As CFO, she replaces James Muehlbauer, who said in ...
By Joan Urdang • Nov. 16, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Up with People
Glance through “Human-Capital Strategies in a Slow Recovery,” a recent study conducted by CFO Research in collaboration with Paychex, and it’s easy to assume that the employer-employee relationship is as tenuous — and transactional — as ever. Consider, for example, the phrase one finance executiv...
By Matt Surka and Josh Hyatt • Nov. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Brand Power
To businesses that want to expand internationally, the value of a well-known brand cannot be overestimated. Among global apparel companies, VF Corp. has the advantage of owning not just one or two famous brands but a portfolio of them, ranging from Wrangler and Lee to The North Face, Nautica, Van...
By Edward Teach • Nov. 15, 2012
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