With inflation, rising interest rates and general economic uncertainty, last year presented several challenges for financial services institutions (FSIs). As we move into 2023, FSIs will need to focus their increasing IT spend and direct their attention to delivering on the total experience for their customers and employees and on…...
3 Ways Bank Marketing Must Pivot in a Recession
With a recession on the minds of consumers, executives at banks and credit unions might be tempted to cut back on marketing investments. But the opportunity for outsize gains is there for those who are willing to pivot instead. Rather than doing less marketing, try new marketing tactics that strengthen…...
The state of women in finance
A new industry-specific analysis of data from the latest Women in the Workplace report, a McKinsey collaboration with LeanIn.Org, reveals a leaky pipeline from which women are falling out in greater numbers as they progress up the career ladder, resulting in significant inequality at the top. Consistent with previous years,…...
2022 hiring for Finance: Outlook for companies so far
If you’re looking for a few good Finance pros to beef up your ranks, you aren’t alone. Nearly two-thirds of businesses plan to add new positions to their rosters in the first half of 2022 – and hiring Finance staffers is a top priority. Read the full article at: www.cfodailynews.com...
Finding and Optimising Top Talent in the Finance Sector
Approaches to HR planning has changed significantly, and they will continue to do so. Amongst the many impacts Covid-19 has had, it’s proved that remote working is not only possible for the banking sector, but that in the right circumstances it can be more productive than traditional working models. This…...
Recent survey of CFOs reveals what finance teams should be prioritising in 2021
Despite a tumultuous 2020, a recent survey of CFOs conducted by AppZen showed that the majority have strong feelings of optimism about the future. Business leaders are confident that growth is on the horizon, mainly driven by the adoption of new technologies in their organisations. The survey of over 200 CFOs, senior…...
3 Ways CFOs Can Attract Top Talent As The Country Gets Back To Business
The finance function has been front and center in helping organizations navigate the business upheaval of the past year-plus. While the dust hasn’t exactly settled, many CFOs are starting to focus more on the future. That includes thinking about what kind of skill sets and experience they need to recruit…...
What Does a CFO Do?
CFO, CEO, CRO, CMO, COO, it seems like the list never ends for these C-level executives. Knowing what role each person plays in the company can be challenging, whether it’s your first day or your fifteenth year. If you have set your heart on the CFO position, but you aren’t…...
Beside Every Great CEO Stands A Strategic CFO
Gone are the days where the CFO title was synonymous with a shy number cruncher tucked away in a distant (and lonely) finance department. The ideal business partnership now involves striking the balance between an extremely ambitious, fearless, go-getter CEO coupled with an equally grounded strategic CFO. Each position has…...
What kind of leader do your finance staffers really need?
As a high-level leader, it can be hard to gauge and determine exactly what your finance team wants and needs from you. When should you give them more attention? When should you pull back? Do they want some gentle handholding or to be pushed harder for greatness? Of course, there…...
How To Recruit And Keep Top Talent
Each year, I talk to business owners and CFOs all over the country, and when I ask them what their biggest challenge is, the answer is almost always the same: How do I find and keep the best talent? Especially for businesses that are looking to scale operations but maintain…...
Remote leadership: Key practices for modern CFOs
Maintaining strong leadership of an entire finance team is hard, no question about it. But as CFOs have seen lately, remote leadership can present even more challenges. When the pandemic hit, finance operations everywhere moved from corporate buildings and conference rooms to home offices and kitchen tables. And while some CFOs may…...
Millennial Workforce: How to survive in the corporate world?
In today’s era, millennials and Gen Z make most of the workforce in corporate organizations. Born in the 1980s and 1990s, millennials comprise 30 percent of the population and they will represent 75 percent of the global workforce by 2025.workforce, Millennial Workforce An increasing number of corporate organizations are into…...
The Return of the Finance Talent War
Senior executive hiring has returned at an increased pace over pre-pandemic levels in recent months. Pent-up demand, stimulus-induced growth, and less-than-predicted economic damage have many organizations aggressively seeking to bring in new leadership talent. This year is already among the top five years of recruitment activity I have observed in…...
Who Should Your First Accounting Hire Be: Controller, Senior Accountant, or CFO?
Congratulations on successfully establishing your business and beginning operations! Now that you’re up and running, you may be considering your first accounting hire. But, how do you know what position to fill first? How can you be confident that your course of action is the right one? At Aronson, we…...
CFO Digital Transformation: Digitalization Involving Finance
CFO Digital Transformation. What is a CFO? And what is its role in the company’s journey to digital transformation? Today’s CFOs also play a leading role in digital transformation. This post will tell you more. What Is A CFO? CFO means “Chief Finance Officer.” It is an executive officer which…...