Human Capital: Page 58
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Corporate Culture Quantified?
James Heskett’s 1992 book, Corporate Culture and Performance, is still considered a classic business work. Heskett and co-author John Kotter had been looking to establish a relationship between corporate culture and performance. They saw that companies with strong cultures had both good and bad p...
By David McCann • Oct. 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Staffing: From the Garden or the Market?
It’s great to see the amount of fresh produce that’s available this time of the year. Whether you pick it from your garden, buy it at the store, or get it as a gift, there’s a plethora of choice and availability. However, with abundance, you’ll find that not every pick is the “cream of the crop.”...
By Bud Kulesza • Oct. 3, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Interim CEO Posts: Intense, and Eye-Opening
Last month’s dismissal of Carol Bartz as CEO of Yahoo and the appointment of finance chief Tim Morse as her interim replacement once again raise two related questions: Are CFOs qualified to be chief executives, even for a short while? And, more to the point, do they want the job?When CFOs land th...
By David McCann • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Meanwhile, CFOs Enjoy More Influence
Turns out the latest ill wind did blow some good. According to a recent study by CFO Research Services, in conjunction with Expense Reduction Analysts, finance chiefs say their positions were enhanced by the turmoil of the economic downturn, as everyone from the CEO to junior staffers looked to f...
By CFO Editorial Staff • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Enjoy the Ride
While 2010 may have been the year of say-on-pay, bonus clawbacks, and other efforts to shine more light on — if not actually reduce — executive compensation, none of that seemed to put CFOs’ mortgage payments in jeopardy. In fact, while it comes as little surprise that pay moved up in 2010 versus...
By Russ Banham • Oct. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
An Engineering Challenge for a CFO
Rich Carbone, who is among many prominent CFOs with engineering backgrounds, will put his old skills to good use tomorrow, October 1, when Prudential Financial holds its annual Global Volunteer Day.Carbone, 63, was trained as a combat engineer in the Marine Corps and, upon returning from field du...
By David McCann • Sept. 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Slow the Trigger When Firing over Twitter
Have you ever been tempted to discipline an employee for complaining about the company on her Facebook page? Do you even know if your employees are openly talking about your company online? A recent report by a governmental agency should prompt companies to ask these questions and revisit their s...
By Sara Jane Shanahan • Sept. 29, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 30
Thomson Reuters has announced that Robert Daleo, who has been CFO since 1998, plans to retire in July. Stephane Bello, finance chief of the company’s professional division, will replace him on January 1, and Daleo will become vice chairman of the company until his retires. Christine Komola has be...
By Joan Urdang • Sept. 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Moneyball and the Strategic Talent Game
The word strategic gets attached to almost everything these days, and certainly the arenas of human capital and talent management are no exception. But is your organization really doing strategic talent management? Here’s a simple test my colleague Pete Ramstad and I wrote about in our book Beyon...
By John Boudreau • Sept. 26, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 23
Metro-Goldwyn-Mayer Studios Inc. has named Dene Stratton to the top finance spot. He joins the company from Walt Disney Co., where he most recently was CFO, Jetix Europe.Specialty retailer Express Inc. has promoted CFO and chief administration officer Matthew Moellering to chief operating officer...
By Joan Urdang • Sept. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why RSUs Are Edging Out Restricted Stock
Public companies increasingly are using so-called restricted stock units (RSUs) when compensating executives. In fact, recent surveys suggest they are now twice as prevalent as restricted stock for equity grants that are in the form of full-value shares (as opposed to stock options). What exactly...
By Andrew Liazos • Sept. 20, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 16
Sempra Energy has promoted finance chief Mark Snell to become president of the company, effective October 1. He will replace Neal Schmale, who is retiring on November 1. Joseph Householder, controller and chief accounting officer, will take over from Snell as CFO.Fireman’s Fund Insurance Co. has ...
By Joan Urdang • Sept. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Call to Expand Worker Incentives
In the community of human-capital academics, there is no longer any debate whether employee incentive programs – profit-sharing or “gain-sharing” plans where front-line and other employees get incremental pay based on company or business-unit performance – actually work. They do, in fact, motivat...
By David McCann • Sept. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health-Care Reform’s Circuitous Route
As discussed in the July 19 article “Mandate Mayhem,” several pending lawsuits present challenges to The Patient Protection and Affordable Care Act (the Act), variously referred to as health-care reform and ObamaCare. Recently, two federal circuit courts ruled on the constitutionality of the Act,...
By Jeff Mamorsky • Sept. 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do CFOs Make Sense as Temp CEOs?
This month’s dismissal of Carol Bartz as CEO of Yahoo, and the concomitant appointment of finance chief Tim Morse as her interim replacement, bring a new spotlight to an old question: Are CFOs qualified to be chief executives, even for a short while?As to permanent positions, companies generally ...
By David McCann • Sept. 14, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs by the Numbers
Turnover among large-company CFOs is outpacing the rate of CEO churn in 2011, for the 17th consecutive year, according to the annual “Volatility Report” by executive recruiting firm Crist|Kolder.However, the gap in the two turnover figures has narrowed to less than a percentage point. Extrapolati...
By David McCann • Sept. 13, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Health-Care Pricing Transparency at Hand?
During the 20 years or so since managed health care burst on the scene in a big way, a certain scenario became ingrained in the minds of employers and their employee consumers alike. That is, an employer negotiated and contracted with an insurance carrier or third-party administrator (TPA) for a ...
By David McCann • Sept. 12, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 9
Timothy Morse has added to his responsibilities at Yahoo! Inc.: the CFO has been named interim CEO. In his new role, he succeeds Carol Bartz, who was fired earlier this week.Finance chief Michael Adler will leave online travel company Expedia Inc. after a transition period during which the firm’s...
By Joan Urdang • Sept. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hire More Ugly People
That’s right, I said it. You need to hire more ugly people. Or at least lower the overall attractiveness level of your company by a few percentage points with the hires you make in the coming year.Why would I say that? Because deep down, you know you’re not hiring the right candidate as often as ...
By Kris Dunn • Sept. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Staffers Going Beyond the Call
Like other types of employees, corporate finance and accounting workers significantly ratcheted up their effort levels in the first half of this year, following a spike seen in the second half of 2010. The trend is pervasive worldwide, including in the United States.The degree to which people are...
By David McCann • Sept. 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Your CEO Flew the Coop. Now What?
Steve Jobs’s recent announcement of his departure as CEO of Apple got me thinking about some of my past experiences with turnover at the top. When the CEO leaves, it affects the CFO more than other C-suiters. The finance chief is challenged with safeguarding company assets, maintaining a professi...
By Bud Kulesza • Sept. 6, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Interview Tips for CFOs: How to Get the CIO You Need
More than 12 years ago, I started asking CIOs: “When you started your new job, what did you inherit?” At least 90% of the time, the answer was: “A mess. The IT organization was late and over budget on almost every project; there was no governance or project-management discipline; the business had...
By Martha Heller • Sept. 6, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 2
Sonus Networks Inc. has named Maurice Castonguay CFO. He succeeds Wayne Pastore, who has headed finance since April 2010. Previously, Castonguay was CFO of BigBand Networks Inc.Gray Benoist, finance chief and senior vice president, finance, of networking, cable, and connectivity products designe...
By Joan Urdang • Sept. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Going for the Other Green
At Method, a maker of household cleaning supplies, eco-friendliness is more than a trend — it’s a founding principle. Indeed, it was the inspiration for the $100 million company, which was launched with a commitment to “make products that work, for you and for the planet.” That was a tall order f...
By Kate O'Sullivan • Sept. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Starwood Studies Abroad
Space, as Captain James T. Kirk told us on Star Trek, is the final frontier. But to global businesses here on Earth in the early 21st century, all frontiers pale in comparison to China. Success there requires a nuanced understanding of the local marketplace, cultural perspectives, and approaches ...
By Donna M. Airoldi • Sept. 1, 2011