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"The corporate brand is not only used to improve competitive positioning and express company aspirations, it can also be a powerful tool to motivate employees."

CFOZone Experts

Opinions and views from expert CFOZone members.

Jan 26
2012

CFOs Struggle to find Talent

Posted by jimfinnan97 in Untagged 

jimfinnan97
According to Bloomberg Businessweek, a recent survey of CFOs finds that 90% expect growth in their organizations, however there seems to be difficulty in finding and retaining the talent to make it happen.

The research suggests that effective mangers are the link to drive employee productivity.
 
 It has been found that: 
 
Effective managers can increase retention level of direct reports by 40% and performance levels by 25%.
 
Managers spend on average 21% of their time developing direct reports, however only 42% of managers are effective at employee development.
 
Due to restructuring and layoffs driving the economic downturn managers have, on average, 61% greater span of control.
 
With aggressive top-line growth targets, these overstretched managers are expected to do more with less, leaving even less time to develop their employees.
 
This de-prioritization of employee development is a key driver in the erosion of productivity that totals nearly 12% of potential employee output.

Nov 18
2011

Economic Illiteracy in the OWS Movement

Posted by jimfinnan97 in Untagged 

jimfinnan97
Occupy Wall Street Crowd Blind to Benefits of Capitalism

By Gary Wolfram
William Simon Professor of Economics and Public Policy 
Hillsdale College

Whenever I watch media coverage of another Occupy Wall Street event I am reminded of an exchange between Jewish protesters in the 1979 Monte Python movie Life of Brian. One of the protesters asks another what the Romans have brought to the area and the conversation goes like this:
Oct 21
2011

CFOs: Projected IT Spending $2.7 Trillion in 2012

Posted by jimfinnan97 in Untagged 

jimfinnan97
Global enterprise IT spending is projected to total $2.7 trillion in 2012. This represents a 3.9% increase from 2011 spending of $2.6 trillion. The increase is reported by research firm Gartner. 
Oct 20
2011

Facebook CIO: Rapid App Development to Save $$

Posted by jimfinnan97 in Untagged 

jimfinnan97
Tim Campos made an appearance at Salesforce.com's Dreamforce 2011 recently to discuss the social media company's growth and his experiences from a recent major data center project under his direction.
Sep 14
2011

CFOs lower plans to boost finance, accounting jobs

Posted by Stephen Taub in Robert HalfhiringFinanceCFOsCFOCareers/ManagementAccounting

Stephen Taub

Here is yet another reminder that job growth will continue to be slow for a period of time.

A survey by Robert Half found that an equal percentage of chief financial officers expect to boost hiring full-time accounting and finance professionals as those who plan to reduce their job ranks.

Sep 13
2011

Tech CFOs scaling back offshore outsourcing

Posted by Stephen Taub in R&DoutsourcingmanufacturingIT spendingITCash

Stephen Taub

Tech companies are souring on outsourcing.

According to a survey of 100 chief financial officers at technology companies by BDO USA, LLP, just 35 percent said they are currently outsourcing services or manufacturing to companies outside of the US. This represents a 43 percent decrease from the 2009 high when 62 percent of companies were outsourcing and a slight decline from 2010 (37 percent).

Aug 31
2011

AT&T Merger: More US Jobs if Deal Approved

Posted by jimfinnan97 in Untagged 

jimfinnan97
AT&T Inc proposed acquisition of T-Mobile USA is currently under close scrutiny by U.S. regulators - as it should be. As a carrot AT&T has promised to bring 5,000 wireless call-center jobs back to the United States if the deal soon wins approval.
Aug 31
2011

Pessimism Continues to Grip Executive Suites, Wall Street

Posted by Stephen Taub in RiskISMEconomist Intelligence UnitCashBNY MellonADP

Stephen Taub

The doom and gloomers are growing in numbers.

On a day when the ADP employment report for May showed slower job growth than expected and the ISM Manufacturing Index plummeted in May, at least two new reports were released indicating the business community and investors are becoming increasingly nervous about the future.

Aug 30
2011

Gen X employees poised to lead job exodus

Posted by Stephen Taub in Millennialsjobsjob satisfactionjob dissatisfactionGeneration XDeloitteCareers/ManagementBaby Boomers

Stephen Taub

Employers beware. Your rank and file is becoming increasingly restless as the jobs picture brightens.

Don't be surprised if you see an exodus of employee as more and more of your rivals post "hiring" signs on their websites.

Aug 24
2011

San Fran tops list for finance jobs

Posted by Stephen Taub in jobsCareers/ManagementAccounting Principals

Stephen Taub

If you are looking for a finance-related job, move to San Francisco.

Accounting Principals, an accounting and finance staffing provider, says the Bay Area state tops its list of best cities to find a job in finance today. The ranking is based on internal data from its branches around the country, taking into account the volume of job openings in the past quarter.

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