Human Capital: Page


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    CFOs on the Move: Week Ending December 2

    Flowserve Corp. has appointed Michael Taff to be its new finance chief; he will join the firm early next year. Previously, he was CFO of The Babcock & Wilcox Co.Tom Seaver has been named to lead the finance function at retailer Trans World Entertainment Corp. He succeeds John Sullivan, who ha...

    By Joan Urdang • Dec. 2, 2011
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    Beyond the IPO

    In one respect, Steve Sordello is like many senior executives in Silicon Valley: he landed a C-level job at a dot-com at an age (31) that would be considered young if not downright precocious in any other industry, when he became CFO at publicly traded search-engine company Ask Jeeves in 2001.But...

    By • Dec. 1, 2011
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    Lifting the Lid on 401(k) Fees

    “Never do anything you wouldn’t want seen in a Macy’s window.” That old saw comes to mind as 401(k)-plan sponsors prepare to prominently display the fees charged by their plans. Many are no doubt worrying whether plan participants will view those costs as unreasonable, or even as a cruel April Fo...

    By Russ Banham • Dec. 1, 2011
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    Gearing Up

    The view from CFO Ed Rapp’s seventh-floor office at Caterpillar headquarters in Peoria, Illinois, looks pretty sweet these days. The iconic manufacturer of dozers, graders, and other earth-moving equipment is on track to post record profits and revenues this year — sales should hit somewhere arou...

    By Randy Myers • Dec. 1, 2011
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    Hang On to That High Performer!

    Many CFOs aren’t fully comfortable with or interested in dabbling in human resources, but most place high value on retaining the top talent in their own finance organizations. Understanding the patterns of employee departures can help executives satisfy that need.In these days of fewer job moveme...

    By • Nov. 30, 2011
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    Survival in the World of Radical Talent Management

    For individuals and companies alike, survival often depends on understanding the limits of their experience and recognizing when fundamental assumptions need to change.Some vivid examples are recounted in the book Deep Survival: Who Lives, Who Dies and Why, by Laurence Gonzales (W.W. Norton &...

    By John Boudreau • Nov. 28, 2011
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    CFOs on the Move: Week Ending November 25

    Mick Lopez has been named to the top finance spot at technology and innovation services company Aricent Group. He succeeds David Freedman, who is leaving the firm. Lopez is a former vice president of corporate finance and operations at Cisco Systems.Duke Manufacturing Co. has announced that Larry...

    By Joan Urdang • Nov. 23, 2011
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    The Data Management Imperative

    Who’s responsible for the data you need in order to give your organization an accurate snapshot of where it is and how it’s performing, as well as actionable insight that will help it achieve its goals?This question, and its answer, are critical in today’s increasingly data-rich business environm...

    By David Rosenbaum • Nov. 22, 2011
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    Health Cost Hikes Moderate, But….

    Employers have been trying to get health-benefits costs under control for years, but against the backdrop of uncertainty created by health-care reform, those efforts are accelerating and getting more urgent.That’s so even though growth in the average total health benefit cost per employee, which ...

    By • Nov. 22, 2011
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    How to Avoid Tax Penalties on Deferred Comp

    It’s that time when everyone is thinking about what needs to get done before the end of the year. One item to add to the list is reviewing the administrative operation of the company’s nonqualified deferred-compensation plans during the past year. No matter how good your plan administration is, e...

    By Andrew Liazos • Nov. 21, 2011
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    CFOs on the Move: Week Ending November 18

    Christopher Hix will become finance chief of chemical firm OM Group, effective January 3. He replaces Kenneth Haber, who had announced he would retire at the end of the year. Previously, Hix was CFO at Robbins & Myers Inc.Cloud-computing company Rackspace Hosting has promoted Karl Pichler to ...

    By Joan Urdang • Nov. 18, 2011
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    How to Train Workers to ‘Get’ the Business

    A picture may be worth not just a thousand words, but a sizable chunk of cash as well, Dallas/Fort Worth International Airport has found.All of the key financial metrics the airport tracks have improved for five years running, says DFW finance chief Christopher Poinsatte. He attributes that large...

    By • Nov. 18, 2011
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    Time to Put HR under a Microscope?

    Shifts in business and social norms are putting pressure on C-suite executives to take a new look at their human-resources functions. So suggests Michael Gregoire, CEO of Taleo, a vendor of human-resources technology.One change that has emerged quickly over the past couple years is a spike in the...

    By • Nov. 17, 2011
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    Supremes Fired Up over Health-Care Case

    As we predicted in prior articles, on November 14 the Supreme Court decided to hear legal challenges to the Patient Protection and Affordable Care Act, commonly referred to as health-care reform or Obamacare. The central issue in the case involves the constitutionality of the individual mandate; ...

    By Jeff Mamorsky • Nov. 16, 2011
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    Make a Veteran’s Day?

    The shortage of technically skilled workers that is plaguing many industries could be worse, if 200,000-plus people did not leave the U.S. armed services each year. And with troops scheduled to depart both Iraq and Afghanistan in the coming months, there could be even more potential employees to ...

    By • Nov. 11, 2011
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    CFOs on the Move: Week Ending November 11

    Echelon Corp. has named Bill Slakey to the top finance spot. He replaces Oliver Stanfield, who is retiring but will remain at the energy control networking firm to aid in the transition. Previously, Slakey was CFO of several public and private companies, including Handspring Inc., Extreme Network...

    By Joan Urdang • Nov. 11, 2011
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    How ‘Good’ Are America’s Biggest Companies?

    Don’t we all want to like and respect our employer? To be treated fairly by companies we do business with? To see companies acting as good stewards of the environment and society?Sure we do. But only relatively recently have people begun to demand that companies excel in those areas and to pay le...

    By • Nov. 9, 2011
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    Where Coaching and Mentoring Diverge

    As a football fan, I’ve been thinking this fall about how coaching accounts for much of a team’s performance level. The players’ talent is obviously very important, but good coaches exploit that talent. It’s the same in any sport — and in business.CFOs who act as coaches to their teams have highe...

    By Bud Kulesza • Nov. 7, 2011
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    CFOs on the Move: Week Ending November 4

    Boeing finance chief and corporate president James Bell plans to retire on April 1, 2012. Bell, who has been CFO since 2003 and corporate president since 2008, will be succeeded as CFO by corporate controller and finance vice president Greg Smith, effective February 1.Doug Scovanner, who has been...

    By Joan Urdang • Nov. 4, 2011
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    How to Hire the Perfect Staffer

    Among the multiple hats CFOs wear, “hiring manager” doesn’t always lie at the top of the priority list, transcending fundamental concerns like raising capital and monitoring financial controls. But since finance chiefs will surely interview candidates for key positions on their staffs, and a poor...

    By • Nov. 2, 2011
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    Why Your Best Employees Want Out

    Employers don’t seem to understand what drives their most talented employees to bolt, judging from new research by consulting firm Towers Watson.While human-resource professionals at 316 North American organizations identified opportunities for promotion as the top reason that high performers lea...

    By • Nov. 1, 2011
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    What Do Your HR Practices Tell Your Employees?

    Can your company’s employees make sense of all those human-resources programs they encounter? Do leaders and managers understand the impact of their human-capital decisions? How well do they communicate the logic and goals of the way employees are paid, developed, retained, and acquired? Does it ...

    By John Boudreau • Oct. 31, 2011
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    CFOs on the Move: Week Ending October 28

    Carol Roberts has been promoted to the top finance spot at International Paper Co. Formerly senior vice president, industrial packaging, she takes over from Tim Nicholls, who will become senior vice president, printing and communications papers, the Americas.Barnes & Noble Inc. has named Alle...

    By Joan Urdang • Oct. 28, 2011
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    People Systems Grow Closer

    Vendors of talent-management software have been touting their supposedly integrated “suites” of applications for years. But they’re finally closing in on a meaningful level of integration, experts in the field say.Most vendors started out with a single application that addressed a particular peop...

    By • Oct. 28, 2011
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    The Worst Thing You Can Do to an Employee

    In pinpointing the worst thing you can do to an employee, we’re excluding things that are illegal, unethical, immoral, or unsafe. Otherwise, the worst thing for an employee is obvious to us though perhaps not to others: paying her or him significantly more than a free-market wage.What? The worst ...

    By Polly White and Doug White • Oct. 25, 2011