New Years' resolutions are notoriously doomed from the start. Statistics vary on the topic, but we can probably all agree that the percentage of resolutions that stick is dismally small. So, what are we doing wrong? It would seem that, collectively, we are plenty capable, resourceful, and intelligent to be able to follow through on a resolution more often than not....
Many companies operate within functional silos where the CFO is responsible for all things finance and the CHRO is responsible for all things employee. This often leads to conflicting efforts that can prove detrimental to the organization. CFOs often focus on hard metrics like ROI, profit margin, and inventory shrinkage. These types of metrics are often more comfortable for finance...
There is little doubt that the rules of business have changed. Because of technology and social media, clients drive business behavior more than ever before in history. Client satisfaction isn’t good enough anymore — client loyalty has become the holy grail of leading indicators to predict future financial performance. And, inefficient and ineffective processes directly affect those client loyalty scores....
Technology can be both a major opportunity and a major challenge for SMBs today. Technology is defining how businesses grow by changing the old ways of getting things done. Technology is transforming industries, business models, products, services, and even driving the creation of new industries. Here's the challenge though. Because of technology, businesses need to change to survive. They need to...
In this interview, Management Stack's Jennifer (Duff) Eversole offers advice to CFOs and those striving for that role. Jennifer talks about motivation, employee alignment and engagement, and the difference between a good and a great CFO. https://soundcloud.com/cfomindset/cfo-interview-jennifer-eversole-managementstackcom?utm_source=soundcloud&utm_campaign=wtshare&utm_medium=Facebook&utm_content=https%3A%2F%2Fsoundcloud.com%2Fcfomindset%2Fcfo-interview-jennifer-eversole-managementstackcom ...
The balanced scorecard strategic planning and management system is the brainchild of Robert Kaplan and David Norton. It was originally created as a performance measurement framework which added non-financial measures to the mix of KPIs used by leaders to give them a more balanced view of organizational performance. Over time, the balance scorecard evolved into a mechanism for taking a...