Human Capital: Page 60


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    The Evolving Wisdom on Health-Plan Design

    Many large employers are acting now to implement, or move toward implementing, some elements of the Affordable Care Act (ACA) that will not be required until 2014 or later, suggests the latest report on health-plan design changes by the National Business Group on Health.In some cases, the moves a...

    By Aug. 24, 2011
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    Pinpointing Your Pivotal Talent

    When it comes to financial assets, organization systems inherently make an important distinction between “what’s important” and “what’s pivotal.” Yet organizations are far less consistent in making that distinction when it comes to their talent.In financial analysis, there is a clear distinction ...

    By John Boudreau • Aug. 23, 2011
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    Knowledge Management in a New Context

    One of us — Carla — wrote her first book on how to implement knowledge management (KM), If Only We Knew What We Know, in 1998, when the discipline was less than a decade old.What a difference a decade makes. Witness September 11th, the Iraq and Afghanistan wars, the rise of China as a superpower,...

    By Cindy Hubert and Carla O'Dell • Aug. 22, 2011
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    CFOs Dive into Human Capital

    CFOs are spending more time outside the finance department, according to a recent survey conducted for Robert Half Management Resources, an accounting and finance recruiter. Of the 1,400 CFOs surveyed, 27% said they had become more involved in operations over the past three years, while 19% saw t...

    By Marielle Segarra • Aug. 19, 2011
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    CFOs on the Move: Week Ending August 19

    Sears Holdings Corp. has appointed Robert Schriesheim to the top finance spot. He previously headed finance at Hewitt Associates. Dorvin Lively has been appointed CFO and chief administrative officer at RadioShack Corp. Most recently, he was CFO of Ace Hardware Corp., a post he had held since 200...

    By Joan Urdang • Aug. 18, 2011
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    The Risks of Retaliation

    As if companies weren’t facing enough risks these days, there’s a new one to add to the list: retaliation claims. Over the past 10 years, employee retaliation charges have skyrocketed: charges filed with the Equal Employment Opportunity Commission (EEOC) increased nearly 70% from 2000 to 2010, fr...

    By Marielle Segarra • Aug. 18, 2011
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    Be Ready for New State Taxes on Equity Comp

    It is increasingly common for executives to provide services in more than one state after receiving an equity compensation award, whether it be stock options, stock appreciation rights, restricted stock, or restricted stock units. These awards often vest over 3 to 5 years, and stock options typic...

    By Andrew Liazos • Aug. 15, 2011
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    CFOs on the Move: Week Ending August 12

    Lear Corp. has promoted CFO Matt Simoncini to the posts of president and CEO, effective September 1. He will replace Bob Rossiter, who will stay on as an adviser until May 2012. Robert Paglia has been promoted from finance chief and chief administrative officer to chief operating officer at Gordo...

    By Joan Urdang • Aug. 12, 2011
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    How to Be an Innovative CFO

    “We need to be more innovative!” goes the rallying cry. “We need to think outside the box!” exhorts the CEO. In today’s market, with growth hard to come by, most companies are frantically seeking new ideas. And many finance chiefs, who are trained to follow rules and regulations and are often spe...

    By Kate O'Sullivan • Aug. 12, 2011
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    A CFO Gets Ready for Takeoff

    Virgin Galactic, the space-tourism company scheduled to start sending commercial flights 62 miles above Earth next year, has completed its CFO search by hiring Ken Sunshine, a veteran aerospace-industry finance executive.Sunshine has been CFO of the National Institute of Aerospace, Aurora Flight ...

    By Aug. 9, 2011
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    How to Make the Best Choice in a Storm

    CFOs are often confronted with situations requiring quick and decisive action. From changing market conditions to urgent business issues, like matching a competitive offer or making an acquisition, CFOs are frequently called into action with limited information and little time to respond. Making...

    By Bud Kulesza • Aug. 9, 2011
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    CFOs on the Move: Week Ending August 5

    Landscape-maintenance equipment provider The Toro Co. has named Renee Peterson CFO and vice president, finance, effective August 22. She takes over from Stephen Wolfe, who is retiring. Previously, Peterson was vice president, finance and planning, for the automotive and truck divisions of Eaton C...

    By Joan Urdang • Aug. 4, 2011
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    Do Finance Practices Hinder Optimal Hiring?

    Consider how your organization would react to the following situation: You are recovering from the economic downturn, and your strategic forecasts suggest growing demand for your products and services in the long run, but cost control remains important.Your strategic planning includes both financ...

    By John Boudreau • Aug. 2, 2011
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    CFOs on the Move: Week Ending July 29

    Financial-services firm Comerica Inc. has named Karen Parkhill as a vice chairman; she will also become finance chief after the company files its 10-Q for the third quarter. As CFO she will replace Elizabeth Acton, who plans to retire in April. Previously, Parkhill was CFO of the commercial banki...

    By Joan Urdang • July 29, 2011
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    Farewell to Brand-Name Drugs

    Companies on the leading edge of effective health-care cost management are paring down prescription-drug outlays by ceasing coverage for brand-name drugs when there are legitimate over-the-counter substitutes.For drug categories as diverse as antacids, antidepressants, hypnotics, and cholesterol ...

    By July 28, 2011
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    Is Your Change-in-Control Protection Safe?

    Tax gross-ups provided to public-company executives under “golden-parachute” deals payable upon a change in control have recently come under heavy attack. Some large investors have submitted shareholder resolutions to ban this type of gross-up, and Institutional Shareholder Services considers it ...

    By Andrew Liazos • July 25, 2011
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    CFOs on the Move: Week Ending July 22

    Head of finance John Shroyer will leave Alliant Techsystems Inc. after it reports its first-quarter earnings on August 4. Effective August 8, controller Tom Sexton will serve as interim CFO at the defense, aerospace, and commercial-products firm until a permanent successor to Shroyer is found.Bus...

    By CFO Readers and Joan Urdang • July 22, 2011
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    Play Time or Pay Day?

    Now that most companies have implemented the initial effective provisions of the Patient Protection and Affordable Care Act, it may soon be time to start thinking about a key element of the health-care reform law that’s not slated to take effect until 2014.That year, under a provision known collo...

    By July 21, 2011
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    Play Time or Pay Day?

    Now that most companies have implemented the initial effective provisions of the Patient Protection and Affordable Care Act, it may soon be time to start thinking about a key element of the health-care reform law that’s not slated to take effect until 2014.That year, under a provision known collo...

    By July 21, 2011
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    Mandate Mayhem

    The Patient Protection and Affordable Care Act (the “Act”) — known as health-care reform or ObamaCare by many proponents and opponents, respectively — is being challenged in the courts. A major issue concerns the constitutionality of the federal mandate that all individuals maintain adequate heal...

    By Jeff Mamorsky • July 19, 2011
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    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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    Mandate Mayhem

    The Patient Protection and Affordable Care Act (the “Act”) — known as health-care reform or ObamaCare by many proponents and opponents, respectively — is being challenged in the courts. A major issue concerns the constitutionality of the federal mandate that all individuals maintain adequate heal...

    By Jeff Mamorsky • July 19, 2011
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    Taking the Next Step

     When it comes to gender diversity in finance, there is no other way to put it: women’s progress toward the top echelons has stalled. Although women make up 56% of undergraduate accounting majors and 36% of all MBAs, they fill just 9% of CFO roles at large companies, a percentage that has remaine...

    By Marielle Segarra • July 15, 2011
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    Think (Again)

    On a drizzly day in late May, IBM CFO Mark Loughridge welcomes a visitor to the company’s Armonk, New York, headquarters by offering him a printed PowerPoint deck. Nothing new in that — executives of all stripes, and particularly in finance, like to work from a script.What is different, however, ...

    By Scott Leibs • July 15, 2011
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    CFOs on the Move: Week Ending July 15

    Biotechnology firm Avila Therapeutics Inc. has appointed Andrew Hirsch to be its first finance chief. He comes to the company from Biogen Idec, where he was vice president of corporate strategy and M&A.Darian Hong has been tapped for the top finance spot at software-as-a-service provider Lead...

    By Joan Urdang • July 15, 2011
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    Compensation Confrontation

    Down in the weeds of executive compensation, things can be pretty hard to fathom. Not just for ignorant folk, but for experts, too. “Even for people like me who are in it every day, it’s still hard to understand sometimes,” confesses Aaron Boyd, head of research for Equilar, a compensation-resear...

    By July 15, 2011