3 STRATEGIES TO BUILD A RESILIENT WORKFORCE IN AN UNUSUAL ECONOMY

Many businesses are at a crossroads. They want to steel themselves for a potential economic downturn and stay positioned for growth. They’re struggling to recruit skilled talent for critical roles while also contemplating workforce reductions or hiring slowdowns. And they’re considering pulling back on investments, like upskilling, that can help them create a more agile workforce while at the same time increasing digital investments that can give them an edge.

HOW CFOS SHOULD RESPOND TO CALLS TO RAISE SALARIES?

It’s the season for annual planning and budgeting, and many chief financial officers (CFOs) are being urged to increase employee compensation in the year ahead for both new hires and existing staff.

WHY THE DOWNTURN IS THE PERFECT TIME TO IMPROVE SPEND MANAGEMENT

Aman Mann is the CEO/Co-Founder at Procurify - enabling maturing companies to be proactive about managing their spend culture.

THE MOST EFFECTIVE CFOS APPLY INTELLECTUAL HONESTY—TO THEMSELVES

In business, intellectual honesty refers to using factual evidence to make decisions — always seeking truth when solving problems and putting aside personal ambitions. And its importance increases with your level of influence within the company.

THE CFO’S ROLE IN A GLOBAL CRISIS

As the only member of the executive team who is both a financial expert and strategic thinker, you will play a critical role in not only ensuring your company’s survival but positioning it for the future in a post-COVID-19 world.

FIVE TRAITS OF THE STRATEGIC CFO

If you are a chief financial officer, you are probably already aware that your role is undergoing a historic transformation. You are no longer seen primarily as a wielder of the sharp pencil. Instead, you are the mouthpiece of focused investment, asking the right questions and providing the right insights so that everyone understands when to say no and how to say yes. You help the company turn down many activities so that the few most important can thrive.

THE FIRST 101 DAYS OF A SUCCESSFUL CFO

This post is a road map to assess where your efforts in the accounting, finance and treasury functions should be focused in your first 101 days.

3 REASONS AUTOMATION WON’T REPLACE THE CFO

Chief Financial Officer also called CFO, has always been known as the main responsible for the management and control of financial risks, planning and reporting to all levels of higher management in the enterprise. However, in this new era, the role of the CFO can “automate” or not?

THE FUTURE CFO: LESS FINANCE AND MORE STRATEGY?

Three datasets illustrate the changing role of the chief financial officer, but the future CFO also needs to be able to think outside the box

ARE YOUR PEOPLE FINANCIALLY LITERATE?

Senior executives routinely share and discuss financial data with marketing directors, operations chiefs, and other direct reports. But how much do those managers really understand about finance? We recently investigated this question, and the news is not good.