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....
The mere mention of internal control often conjures images of red tape and bureaucracy preventing people from getting things done. And understandably so, the word control is right there in the name, and generally people don’t like things that try to influence or direct their behavior. Unfortunately, internal control has gotten a bad rap as a necessary evil that disrupts...
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....
Southwest Airlines is well known for promoting a fun environment where employees are happy. YouTube is full of hilarious videos posted by Southwest passengers about the antics of flight attendants having fun at work. [embedyt]http://www.youtube.com/watch?v=HNx5-bEKk8A[/embedyt] Recently Glassdoor announced that Southwest ranked number 28 in its Employees’ Choice Awards 2017, honoring the best places to work across the US and UK. Winners are determined...
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 ...