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Scooped by
Ann Zaslow-Rethaber
April 28, 2021 7:00 AM
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Setting goals is essential to advancing your career and feeling fulfilled by your job. Whether your employer requires you to set goals as part of your performance-review process or it is something you do voluntarily once a year with a pen and paper in your living room, it can help you to plan out your professional future. It can also help you to stretch yourself and might make negotiating a raise easier, career-development experts say. 1. Take the initiative in setting your future goals. Don’t wait for a manager or mentor to ask you what your goals are. Get ahead by brainstorming and crafting your professional goals independently.
Read the full article at: www.livemint.com
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Scooped by
Ann Zaslow-Rethaber
April 27, 2021 7:00 AM
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Just like most businesses and job functions, the hiring landscape has greatly changed over the past year. Interviews are now conducted virtually and are followed up with remote hiring and online onboarding for new executives. Candidates who can show they are skilled in adapting to changing times, tech-savvy and can effectively manage teams remotely are a human resource manager’s dream. But are those traits really that different than what we’ve always looked for in executive prospects? A 2021 survey of 200-plus U.S. hiring managers and recruiters by Zety reveals the top 10 most important qualities and traits they look for in a candidate: 1. Loyalty: 52% 2. Integrity: 49%
3. Sincerity: 48% 4. Adaptability: 41% 5. Kindness: 41%
Read the full article at: www.forbes.com
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Scooped by
Ann Zaslow-Rethaber
April 26, 2021 7:00 AM
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The banking and finance industry is seeing an influx of new clients. Yet there hasn’t been a surge in qualified staff. This is forcing businesses to compete for key talent. One study found that banks are incurring up to £800 million a year in costs replacing people who leave as turnover approaches 14 percent. Here are a few ways to improve employee retention in banking and financial services. Invest in Your PeopleRegulators in the United Kingdom are curbing compensation. This is cutting into the bonus pools that were used to reward employees. One alternative is to invest in learning and development paid for by the company.
Read the full article at: norsecorp.com
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Scooped by
Ann Zaslow-Rethaber
April 23, 2021 7:00 AM
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When asking college seniors where they want to work, their first responses might be Apple or Nike or Disney. The same might apply amongst any cohort you ask to list a company they want to work for, but it’s not because they have the best employer brand. All brands started unknown and had to build a reputation, a pattern of success in their industry, and a positive experience for users. All companies no matter their size, go through a version of this with hopes of winning more customers and earning more loyalty for their brand than the competition. To be successful, they must show how they are different and deliver what the customer is looking for. When your company is hiring, the same principles apply. You need to attract candidates, offer something candidates want and need, and do something better than your competitors. If your company has a smaller footprint, or does not produce household products or services or have an instantly recognizable brand, it can be more daunting to try and compete with large household names that attract thousands of candidates eager to get a big brand on their resume. It can be a challenge at times, competition is steep, and top talent has a lot of choice in the market—but it is not hopeless. While your talent acquisition function must focus on intentional planning and setting expectations for what you can offer candidates (your employer brand), you as an executive have an important role to play as well.
Read the full article at: blog.shrm.org
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Scooped by
Ann Zaslow-Rethaber
April 22, 2021 1:54 PM
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The accounting profession in the United States, encompassing public accounting and management accounting (accounting and financial professionals working in organizations), faces a crisis of growing proportion—a diversity gap—particularly at the leadership levels. This crisis contributes to the various challenges that prevent the profession from achieving longer-term sustainability, greater innovation, and its full potential to serve and protect the public interest. IMA® (Institute of Management Accountants) and CalCPA (California Society of CPAs), working collaboratively with research partners, contributors, and advisors, recently conducted a study to look into diversity, equity, and inclusion (DE&I) in the accounting profession (see “Diversifying U.S. Accounting Talent”).
Read the full article at: sfmagazine.com
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Scooped by
Ann Zaslow-Rethaber
April 21, 2021 3:46 PM
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A sudden exodus of skilled talent is the last thing an organization needs these days. Businesses must have all hands on deck if they are to accelerate the changes and innovations that will help them compete and move forward. Yet in many companies right now, turnover is exactly what’s happening. Are CFOs and other business leaders doing something wrong? Not necessarily. Turnover today is largely driven by factors unimagined pre-pandemic. Even if your business has gone the extra mile to support your employees and keep them motivated, the weight of the Covid-19 crisis has brought constant stress to the personal and professional lives of many workers, along with changes to the way they view their jobs and career goals.
Read the full article at: www.forbes.com
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Scooped by
Ann Zaslow-Rethaber
April 20, 2021 7:00 AM
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As you develop your professional career, you will come into contact with itsy bitsy pieces of career advice. Good advice will motivate and inspire you to do your best and be your best in the workplace. With that in mind, we’ve etched five pieces of career advice to help you do well in your job. Get out of your comfort zone Fear and anxiety are a natural part of self-growth. But every time you venture out to try new things, you prepare yourself for your next big role in life. Explore new and difficult tasks that you aren’t comfortable with to expand your professional skill set. Be a lifelong learner Lifelong learning is the self-motivated pursuit of knowledge for personal or professional reasons. You can continue to learn no matter what age you are. The willingness to learn is a habit that is highly valued in today’s ever-evolving workforce.
Read the full article at: www.thehrdigest.com
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Scooped by
Ann Zaslow-Rethaber
April 19, 2021 7:00 AM
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The COVID-19 pandemic has changed our expectations of the leadership role. The swiftness of change and the uncertainty it inflicted on us has altered our values. We’re seeing leadership in a new light. Existing leaders now need to reassess their roles in response to the change. There are five major shifts in thinking and values, which will forever change the leadership role. - Shift in the perception of ‘valuable’ employees.
Businesses have realised the importance of their front-line teams in getting things done. Without the efforts of these people, who are often at the lower end of the pay scale, many businesses couldn’t have continued.
Read the full article at: ceoworld.biz
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Scooped by
Ann Zaslow-Rethaber
April 16, 2021 7:00 AM
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Professional development is something that requires an intimate awareness of what’s expected of you, as well as the different ways that you can situate yourself within your industry. If you want to get the most out of your time in your career, it’s important that you begin thinking early about your skillset and the way you interact with your colleagues. Professional development is something that begins from a conscious awareness of where you’d like to be in your career and taking informed steps towards that goal. It may take some time to get to that point, but it’s worth it to consider it now if you’d like to get further in your goal.
Navigate Relationships Professionally When you’re at work, it can be easy to get super comfortable with your coworkers. However, consistently maintaining an air of professionalism in the workplace will ensure that you’re able to maintain a consistent image that can project you into higher positions in the future.
Read the full article at: www.strategydriven.com
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Scooped by
Ann Zaslow-Rethaber
April 15, 2021 7:00 AM
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For higher education institutions across the globe, change is the new normal. And while change always brings new opportunities, it also creates tremendous uncertainty. From volatile political climates to increases in regulation, the rapid proliferation of new competitors to anticipated labor shortages, every CFO today must be ready to face and manage the unknown. The normal human response to uncertainty is avoidance or a cautious “wait and see” attitude. Yet in a fast-paced, frenetic business world, where higher education institutions can be disrupted in mere months, “wait and see” is no longer a viable business strategy. While those who are reluctant to change are clinging to the old ("that’s the way we’ve always done it”), wise and visionary CFOs are already recognizing the need to step up and into Finance’s new role as a strategic business partner. Only those who bravely move forward, in spite of the unknown and armed with information, new tools, and a strategic plan, will reap the rewards.
Read the full article at: www.blackline.com
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Scooped by
Ann Zaslow-Rethaber
April 14, 2021 7:00 AM
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The global spread of COVID-19 has led to a rapid shift of companies moving to working from home and relying on remote work tools now more than ever, in an effort to maintain business continuity. For many companies, this is the first time where teams are having to collaborate, operate and communicate virtually through the power of technology.
While the pandemic continues to evolve globally, many are already planning ahead for the other side of this situation: a future where the spread of COVID-19 ceases and life slowly adjusts back. How does the huge shift in workplace behavior that we are seeing now impact how we work in the future? What can we expect from remote work going forward? How will entire organizations be transformed from this period? Let’s explore three common predictions.
Read the full article at: www.ekoapp.com
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Scooped by
Ann Zaslow-Rethaber
April 13, 2021 7:00 AM
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The accountancy and audit industries are on the cusp of an automation transformation, guided by the incredible growth of emerging technologies like robotic process automation (RPA) and artificial intelligence (AI). What’s more, the world is experiencing the most significant global recession since the 1930s Great Depression. The evolution of the finance function is perfectly timed because businesses need financial advice more urgently than ever before – but of a different sort.
To fill this role, finance professionals must evolve their skillsets. 1. Be technologically fearless, yet empatheticAutomation is transforming the accounting industry, driven by fourth industrial revolution technologies. Advanced cloud-based accounting solutions already incorporates some of these, which automate invoice processing and facilitate continuous consolidations.
Read the full article at: www.bizcommunity.com
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Scooped by
Ann Zaslow-Rethaber
April 12, 2021 7:00 AM
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People take career breaks for many reasons: To raise children, care for ailing relatives, manage their own health issues, or even explore personal growth opportunities (think travel and volunteer work). Regardless of why an accounting or finance professional temporarily leaves the workforce, figuring out how to re-engage after a long break can feel like a daunting task. “People who have taken an extended leave can often feel a real loss of professional confidence, as they may feel that their skills or knowledge are somewhat outdated,” said Karen Danker, a UK-based return-to-work expert and the head of coaching for the organisation Women Returners. “What we’ve found is that with the right strategy and support, they can overcome these barriers very quickly.”
Read the full article at: www.fm-magazine.com
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Scooped by
Ann Zaslow-Rethaber
April 27, 2021 10:00 AM
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Now more than ever, the customer is king, and financial services organisations need to be able to cater to changing demand. Unfortunately, a skills shortage to handle digital transformation has exacerbated the challenge. This is driven by a lack of qualified talent to fill new IT roles, and a millennial workforce that shuns long-term employment. As parts of the world begin to emerge from the peak of the Covid-19 pandemic, the strategic focus is turning to what the competitive landscape will look like in the aftermath. It is also essential for leaders to realise what the new reality means for them and how to come out in front. The financial services sector has to cope with drastic shifts in consumer behaviour, and the pressure is on to provide the kind of services that customers are beginning to demand. While digitalisation has solved some challenges, it has created many new ones in its wake, and success rides on the ability of financial services to address these issues in the new business reality.
Read the full article at: www.bizcommunity.com
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Scooped by
Ann Zaslow-Rethaber
April 26, 2021 10:00 AM
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A good job brings stability and a desired lifestyle. Couple that with a career you enjoy, and it’s easy to fall into a comfortable routine. But even in the best of times, you never know what lies ahead. Sometimes unforeseen circumstances can thrust you into the job market when you least expect it. The lingering economic impacts of the COVID-19 pandemic and the quickening pace of technological change mean that everyone, no matter how secure they feel, should have an eye toward their next job hunt. And employment disruption is one of the most stressful situations you can face in life. “Looking for work is exhausting and can be as intense as a full-time job in and of itself,” said Laurie Ruettimann, a human resources professional in Raleigh, North Carolina, and author of the new book Betting on You: How to Put Yourself First and (Finally) Take Control of Your Career. One way to mitigate the anxiety that comes with a sudden job search is to be ready for it. And that means preparing for your next job hunt now.
Read the full article at: www.fm-magazine.com
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Scooped by
Ann Zaslow-Rethaber
April 23, 2021 10:01 AM
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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 are often asked, “Do you hire a Senior Accountant to handle daily operations, a Controller to begin building a team, or a seasoned CFO?” It’s safe to say that deciding on the first hire is not met with a one-size-fits-all answer. Rather, thoughtful analysis of your business’s priorities will help you work through this decision-making process. Here are some suggestions to help get you started. - CFO: Thinking about when to hire your CFO? If you need a seasoned professional to steer the financial direction of the organization, start with a CFO. A CFO can help you secure funding, interact closely with banks and investors, review financial results, present financial information to external investors, and interact with other external stakeholders. However, most CFOs expect the organization to hire accounting staff to process accounting transactions, assist with reconciliations, and other tasks.
Read the full article at: aronsonllc.com
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Scooped by
Ann Zaslow-Rethaber
April 22, 2021 3:12 PM
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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 handles the creation and implementation of financial strategies. It also manages the past, present, and future financial situations and actions of an organization. Also, a CFO monitors financial statements, manages liquidity, analyses financial reports, and forecasts future cash flows within the organization.
Read the full article at: www.cio-hub.com
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Scooped by
Ann Zaslow-Rethaber
April 21, 2021 4:57 PM
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It’s no secret that financial services is yet another sector in need of a gender re-balance. Despite recent successful campaigns, evidence indicates that women occupying senior positions in finance are largely represented in support functions, rather than fee-generating roles. This suggests that gender diversity remains an issue and that there is still a lot of work to do to entice women to finance roles. Tracey Barnes, Business Manager at Commercial Expert, is just one advocate for more women being welcomed into the sector. Tracey began her finance career at Barclays Bank after leaving school at 16. During her 18-year stint at the bank, she held various positions and finished working in corporate banking, before leaving to start a family. She later re-trained as a teaching assistant, and after 12 years working in primary school teaching, she decided to return to the finance sector, joining Commercial Expert over three years ago.
Read the full article at: www.globalbankingandfinance.com
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Scooped by
Ann Zaslow-Rethaber
April 20, 2021 10:00 AM
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Managers can interview and onboard new employees from a distance during these unprecedented times. Many accounting and finance organizations have been forced to close their physical offices and conduct work remotely due to the COVID-19 pandemic, and these companies have had to come up with new ways of hiring staff. In particular, they’ve moved their recruitment and onboarding processes into the virtual world, from a candidate’s initial interview—now via video—to their first day on the job—now from home. The crisis has provided a fresh perspective on the idea that remote recruitment could become common and perhaps even standard in some cases. Managers need to be ready to address immediate staffing needs and those in the longer-term future, despite not fully knowing what the latter might look like. And since a virtual hiring process could play a bigger part in recruitment now and down the line, it pays to be prepared.
Read the full article at: sfmagazine.com
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Scooped by
Ann Zaslow-Rethaber
April 19, 2021 10:00 AM
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The global economy has put the spotlight firmly on the CFO. They will be the main strategist and driver behind organizational restructuring, divestments, and acquisitions. Today, however, a CFO’s top priority is to ensure their business survives during the pandemic. Being the CFO requires a tough mentality and the ability to make difficult decisions under challenging circumstances. Many are chosen for the job based on those qualities. Indeed, according to a report by PWC, 82% of CFOs are focused on cost cutting for the foreseeable future to mitigate the impact of COVID-19. However, now is the time for CFOs to also embrace other skills. Decisions must be made with empathy and redoubled support for their employees and customers. When times are difficult, the CFO has to use their unrivalled insight to do what’s right. It’s not about creating an organization that can survive the next quarter, but years into the future.
Read the full article at: www.financedigest.com
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Scooped by
Ann Zaslow-Rethaber
April 16, 2021 10:00 AM
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Work/life balance and personal life standards in the C-Suite can be a tricky subject. On the one hand, advocating for some semblance of balance or even blend can make you look like less of a team player, and you could be passed over for promotions. On the other hand, if you don’t create any boundaries at all then you become the leadership team’s catch-all, and you can kiss your nights, weekends, and vacation goodbye. Is there such a thing as balance? And if so, how do we define it for ourselves?
Read the full article at: ceoworld.biz
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Scooped by
Ann Zaslow-Rethaber
April 15, 2021 10:00 AM
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What is Employee Engagement?While many leaders think employee engagement surveys alone can improve their organization, CultureIQ’s decades of research show that improving overall culture is a far more effective way to improve business outcomes and propel growth. Employee engagement, while important, is a direct outcome of a strong company culture. What is employee engagement? It refers to how employees feel about their culture and their jobs. The stronger a company’s culture, the better employees understand what is expected of them and what they’re working toward. Engaged employees are more likely to stay happy, motivated, and committed to your company.
Read the full article at: cultureiq.com
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Scooped by
Ann Zaslow-Rethaber
April 14, 2021 10:00 AM
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The sudden shift to an all-virtual hiring and recruiting process last year came with both pros and cons. On the one hand, scheduling interviews became a breeze, the need to organize travel was eliminated, and recruiters had more opportunities to source great talent from all over the world. At the same time, many talent professionals tore their hair out over technical issues and lamented the impact the transition might have on the candidate experience. With a return to the workplace no longer seeming like an unfathomably distant dream, you might already be thinking about what will happen to your hiring process after the pandemic. Now that your team has experienced both sides, you may be reluctant to go back to the old way of doing things. Or you may be weighing which aspects of virtual recruiting to pull through into post-pandemic life — and which to leave in 2020.
Read the full article at: business.linkedin.com
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Scooped by
Ann Zaslow-Rethaber
April 13, 2021 10:00 AM
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Investment Banking vs. Corporate Finance: An OverviewA generally-accepted distinction between corporate finance roles and investment banking roles is that a corporate finance professional deals with day-to-day financial operations and handles short- and long-term business goals, while an investment banker focuses on raising capital. An investment banker might also run private placements and conduct merger and acquisitions (M&A) deals. It could also be said that investment banking roles are tasked with growing a company, while the corporate finance industry is employed in order to manage a company.
Read the full article at: www.investopedia.com
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Scooped by
Ann Zaslow-Rethaber
April 12, 2021 10:00 AM
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Remote working has been on a global upward trajectory, with the U.S alone witnessing a 103% increase over the last decade. In 2021, this growth will likely accelerate with organisations forced to limit physical interaction and scale up work-from-home alternatives. With remote working showing no signs of slowing down, leading and managing distributed teams will be a must have skill for all types of businesses, whether small, medium, or large. The benefits of remote working are apparent with greater employee satisfaction, higher productivity, and cost savings among the indisputable advantages of this shift. If executed well, remote working can offer businesses a significant competitive advantage.
Read the full article at: distinction.co.uk
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