Human Capital: Page 65
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Disaster Averted?
Thanks to the global financial meltdown, we now know what a “black swan” is. But do we know from which direction the next one will swim into view, and what to do when it does?Black swans are, of course, those highly improbable but painfully consequential events that strike from the blue — or from...
By Russ Banham • April 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 1
Russell Fong has been named acting CFO of the California Public Employees’ Retirement System (Calpers), a newly created post. Fong, who joined the public pension fund in 2005, is now interim assistant executive officer of the organization’s administrative services branch.Hearst Magazines Internat...
By Joan Urdang • April 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Weaving a New Corporate Culture
Anyone who works for a carpet maker in Dalton, Georgia, and goes out to lunch with co-workers had better be careful: there’s a good chance competitors are within earshot. That’s because the northern Georgia town is the home of the entire U.S. carpet industry, with all major players based there. T...
By David McCann • April 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 1
Russell Fong has been named acting CFO of the California Public Employees’ Retirement System (Calpers), a newly created post. Fong, who joined the public pension fund in 2005, is now interim assistant executive officer of the organization’s administrative services branch.Hearst Magazines Internat...
By Joan Urdang • April 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 25
Martin Klein has been appointed finance chief at Genworth Financial Inc. He will join the firm on April 11 and take over as CFO after the company files its 10-Q for the first quarter. Klein currently serves as managing director of Barclays Capital.Holli Nichols has resigned as head of finance at ...
By Joan Urdang • March 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 25
Martin Klein has been appointed finance chief at Genworth Financial Inc. He will join the firm on April 11 and take over as CFO after the company files its 10-Q for the first quarter. Klein currently serves as managing director of Barclays Capital.Holli Nichols has resigned as head of finance at ...
By Joan Urdang • March 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 18
Timothy McLevish, who heads finance at Kraft Foods Inc., plans to leave the firm in the middle of the year. Executive vice president, operations, David Brearton will take over as CFO after the company’s financial statements for the first quarter are filed.3M has announced that David Meline has be...
By Joan Urdang • March 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 18
Timothy McLevish, who heads finance at Kraft Foods Inc., plans to leave the firm in the middle of the year. Executive vice president, operations, David Brearton will take over as CFO after the company’s financial statements for the first quarter are filed.3M has announced that David Meline has be...
By Joan Urdang • March 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Lean Times Call for New Leadership Traits
Many finance executives are well used to taking calls from executive recruiters and working with them to land that next job. But they may not have much experience with another service that most of the big search firms offer: leadership-assessment consulting. Unless, that is, the CEO or board of d...
By David McCann • March 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Lean Times Call for New Leadership Traits
Many finance executives are well used to taking calls from executive recruiters and working with them to land that next job. But they may not have much experience with another service that most of the big search firms offer: leadership-assessment consulting. Unless, that is, the CEO or board of d...
By David McCann • March 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Making Priorities a Priority
Financial staffs face many issues that seemingly need to be addressed simultaneously but don’t in fact have the same priority or urgency. Since everything can’t be accomplished at once anyway, it is important for CFOs to differentiate between an issue’s priority (importance) and the sense of urge...
By Bud Kulesza • March 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Making Priorities a Priority
Financial staffs face many issues that seemingly need to be addressed simultaneously but don’t in fact have the same priority or urgency. Since everything can’t be accomplished at once anyway, it is important for CFOs to differentiate between an issue’s priority (importance) and the sense of urge...
By Bud Kulesza • March 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Staffs Getting More Engaged
The number of U.S. finance and accounting staffers intending to stay with their current employer spiked in the second half of 2010, as did the number of those willing to go above and beyond the call of duty, according to new research from the Corporate Executive Board.Each quarter the board’s Cor...
By David McCann • March 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Staffs Getting More Engaged
The number of U.S. finance and accounting staffers intending to stay with their current employer spiked in the second half of 2010, as did the number of those willing to go above and beyond the call of duty, according to new research from the Corporate Executive Board.Each quarter the board’s Cor...
By David McCann • March 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Can House Calls Reduce Health Costs?
Among the many innovations designed to reduce the cost of health care, one is decidedly counterintuitive: house calls.WhiteGlove House Call Health, a company that has built a strong corporate following in Texas in the past four years, says its house-call medical care will improve the health-care ...
By David McCann • March 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Can House Calls Reduce Health Costs?
Among the many innovations designed to reduce the cost of health care, one is decidedly counterintuitive: house calls.WhiteGlove House Call Health, a company that has built a strong corporate following in Texas in the past four years, says its house-call medical care will improve the health-care ...
By David McCann • March 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 11
Rick Lindner, finance chief at AT&T since 2004, will retire on June 1. He will be succeeded by John Stephens, who has been at the company for 19 years and has been controller since 2001.Vice chairman and CFO Chris Liddell has announced he is resigning from General Motors, effective April 1. L...
By Joan Urdang • March 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 11
Rick Lindner, finance chief at AT&T since 2004, will retire on June 1. He will be succeeded by John Stephens, who has been at the company for 19 years and has been controller since 2001.Vice chairman and CFO Chris Liddell has announced he is resigning from General Motors, effective April 1. L...
By Joan Urdang • March 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies May Rethink Same-Sex Benefits
A recent decision by the Obama Administration means that many companies may want to rethink their stance on providing health benefits to an employee’s same-sex partner.On February 23, Attorney General Eric Holder sent a letter to Congress announcing that the Obama Administration will no longer de...
By John Martini • March 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies May Rethink Same-Sex Benefits
A recent decision by the Obama Administration means that many companies may want to rethink their stance on providing health benefits to an employee’s same-sex partner.On February 23, Attorney General Eric Holder sent a letter to Congress announcing that the Obama Administration will no longer de...
By John Martini • March 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pay Freezes Are Melting
If your employees’ salaries are still frozen or reduced from where they were in the premeltdown days, your company is behind the times.A noticeable thawing is in progress, according to new research from Towers Watson. Among 381 U.S. organizations that were surveyed, only 9% have frozen salaries f...
By David McCann • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 4
Goodwill Industries International has promoted Jeffrey McCaw to the top finance spot. He has been controller for more than six years.Michael Devine III is retiring as head of finance at Coach Inc. A search is under way for a replacement for Devine, who is expected to remain at the company until A...
By Joan Urdang • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pay Freezes Are Melting
If your employees’ salaries are still frozen or reduced from where they were in the premeltdown days, your company is behind the times.A noticeable thawing is in progress, according to new research from Towers Watson. Among 381 U.S. organizations that were surveyed, only 9% have frozen salaries f...
By David McCann • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 4
Goodwill Industries International has promoted Jeffrey McCaw to the top finance spot. He has been controller for more than six years.Michael Devine III is retiring as head of finance at Coach Inc. A search is under way for a replacement for Devine, who is expected to remain at the company until A...
By Joan Urdang • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hire Education
For the first time since early 2008, finance chiefs are hiring. In the most recent Duke University/CFO Magazine Global Business Outlook Survey, our long-running quarterly study of finance executives around the world, CFOs reported that they planned to increase their full-time workforces by 2% on ...
By Kate O'Sullivan • March 1, 2011