Leadership & people skills

Executives struggle most with big-money decisions

Executive teams tend to struggle most with decisions that involve high uncertainty and high cost, new research shows. In addition, CFOs face a broad range of decision-making barriers, including the biases of members of the executive team. Nine different barriers each received votes from at least 20% of CFOs.

Employers can’t afford to let worker retention practices lapse

Four in five employees in a recent survey indicate they plan to remain with their current employers, but statistics show that when unemployment decreases, voluntary job turnover increases. Many organisations have been reporting trouble finding skilled workers, so employers who neglect retention practices do so at their own risk.

Outsourcing treasury management

The idea of being able to outsource all or part of the treasury management function is an attractive proposition to CFOs. But it only makes sense if the outsourcing partnership is well planned. Experts offer tips on how to best execute the process.

Survey outlines what chief executives are looking for in C-level executives

Experience in international and emerging markets, knowledge of change management, and a leadership track record were named in a recent CGMA survey among the most sought-after skills for C-level hires. But chief executives, CFOs and human resource directors ranked the top skill requirements very differently. See what made the lists.

Seven ways to make a strong first impression in job interviews

A majority of interviewers form a positive or negative opinion of job candidates within 10 minutes, according to a recent survey. Very few wait longer than 20 minutes to make up their minds. So, to ace your next interview, take steps early to make a strong first impression.

CFO pay increases, but CEO pay climbs more

Pay for CFOs of S&P 500 companies rose nearly 6% in 2011, and numbers compiled by Mercer show a continued shift to more variable compensation. CFOs received a median $2.75 million in 2011, and those at the top 100 made an average of $4.34 million.

Board members want to spend more time overseeing strategy

Overseeing strategic planning is the duty to which corporate board members would most like to devote more time during the coming year. Directors at smaller companies, whose business model may be less mature, were twice as likely as large company directors to report that they would like to spend “much more” time on strategic planning.

One-to-One: Tips from Marks & Spencer’s boardroom

For Marks & Spencer, the iconic British retailer, listening to customers is key growth. Alan Stewart, M&S's CFO, discusses responding to customer needs, understanding risk, leveraging internal communications and assessing what technology can bring to the business.

Four internal factors to consider when determining executive pay

Although shareholders are voicing their frustrations by registering disapproval of executive compensation packages, business leaders believe shareholders ought to have more say in top execs’ pay. There is considerable support for linking public company executives’ pay to performance.

Private-company financials often shielded from employees

Most private companies do not share financial details with all employees, according to a new survey by Robert Half. But some executives think openness has its benefits. Among them: Quelling fears about the future, and showing employees how their work contributes to the bottom line.

Play the office politics game … and win

Well-intentioned workers who avoid office politics are missing out on opportunities to build relationships that will advance their careers, experts say. But about 40% of workers are sitting on the side lines of office politics – or do not believe office politics are necessary for advancement.

Accounting staff in the UK get a slight pay bump

Accounting workers in the UK feel slightly better about their salaries and job satisfaction. A survey of CIMA members shows a slight rise in worker salaries and continuing belief that the CIMA qualification helps members professionally. Overall sentiment about their companies remains lukewarm.

Sense of direction is critical to employee satisfaction

A sense of direction, path, and destination is a critical factor in employee satisfaction, according to a new survey. Eighty-five per cent of respondents said knowing their potential career path is very important or somewhat important.

Appraising the performance review: Broken but not beyond repair

A recent US survey shows a disconnect between CFOs and workers on the effectiveness of performance reviews, a view that appears to be shared by the global workforce. Reviews may be seen in a negative light, but they can have meaning, especially if the supervisor giving the review follows these five communication tips from experts on two continents.

Older workers, more cost for companies in developed regions

Older workers are staying longer in jobs, resulting in top-heavy companies whose per-employee cost in Europe has risen 16% since 2009. Productivity is down, and younger workers are having a tougher time finding work, according to a PwC report.
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