Author: admin

After studying at Columbia and Harvard University, Emmanuel Steiner began his career in Switzerland.”There's nothing good about eating,” he would complain. “Take away? Not tasty! Supermarket salad? Too expensive! Restaurant? It takes 2 hours! And worst of all, split over lunch because everyone wants something different. This isn't that!”Determined to solve the problem, Steiner and his wife, Daniela, co-founded Verpel in 2013, bringing fresh meals from the Michelin-starred chef and farm directly to the corporate office lunchroom. After expanding to over 1,000 offices across Europe, the company expanded to the US in 2023, establishing a shop in New York City,…

The biggest mistake a client makes when trying to make a change is to try to implement wholesale, reset from the top to bottom. Bill Gates once said, “Most people overestimate what they can achieve in a year and underestimate what they can achieve in a decade.” What that means is that they get bigger, but do it in a reasonable time frame. A complete change overnight is not realistic. And your lack of progress towards your goals will discourage you. When participants in my workshop analyzed their time portfolio, many people found that they were timebrokes and were calm…

Earlier this week, I was in Washington, D.C., at Jeff Sonnenfeld's annual meeting, where the rooms are concerned – pay, China and national security dominate the debate. I wasn't exactly in a bad mood, but I wasn't even a chipper either.But when I sat in that packed room of corporate leaders and policymakers, I was impressed that it was not discussed: Covid. I don't mention it, it's not a question. In a way, it's miraculous. This week the world was closed just five years ago.But you've recently felt the credibility of President Trump, that it's due. His administration led the…

When American workers leave their jobs, lack of opportunities for growth and poor leadership are often the reasons. These situations can also lead to higher levels of employee release and ultimately higher employee turnover. Perhaps it's no surprise that many CFOs believe they need to be better talent developers, regardless of the direction of the labour market. Greg Sigrist, CFO of the company's Pathward as a bank, considers talent development to be essential to the success of the finance team. It is also part of the reason why CFOs with transparent, supportive working styles can deliver better results. In the…

I know drills. A CFO is someone who keeps the financial engine running smoothly while drawing on how CEOs make big moves, set grand visions, and often honestly, drawing on how to expand their CFO for plans to manage them. But here's the problem. When the CEO and CFO are fully integrated, magic happens. It's like peanut butter and jelly, Batman and Robin, a balanced spreadsheet and accurate cash flow forecast. In our work, we often feel ourselves as prudent financial managers and base our ambitious strategies. But we can't be very self-satisfied. Partnerships with CEOs are important. Not only…

Rodney McMullen's recent resignation as CEO of grocery giant Kroger reminds us that personal actions remain important to corporate board members.In a press release, the company said on February 21 that it recognized certain personal actions by McMullen, saying that it “has nothing to do with business but is inconsistent with Kroger's policies on business ethics.” The company did not provide details about what McMullen did, but in a press release stated that his personal actions were “not related to the company's financial performance, operations, or reporting and that Kroger Associates was not involved.” However, the company “supported an independent…

According to Dave Montez, CFO of Gunter Group's management consultancy firm, professional services companies are evolving their revenue models, presenting new challenges to industry CFOs. Professional Services CFOs traditionally needed a variety of tools and know-how to generate predictable revenue streams. “Professional service companies sell labor, hours, hours and expertise,” Montes told Katie Kuhner Hebert. “Among many other things, CFOs had to be very involved in ensuring proper time tracking and billing, not to mention implementing discipline regarding entering data across the organization.” However, many service CFOs are entering a new world where clocks are not mastered and billable times…

When Coe Distributing was looking for the ideal location for their next office ferning distribution center, the company relied on data. CEO James D. Ewing Jr. tapped a team of data analytics students at Katz Graduate School at the University of Pittsburgh.”They took multiple pieces of information into consideration, including distribution space, cost of distribution space, customer concentration, logistics costs,” explains Ewing. After three months of review, they chose their Houston location up to the block. The company leased a building that spans 150,000 square feet.AI is a game changer. Currently, only 3.9% of companies report using AI, according to…

But how will business growth seen as a top priority for directors in 2025 (more than three-quarters of this was identified as a primary objective in our research) and AI adoption, which is increasingly unnegotiable in the corporate world, help digital transformations using AI expand faster and economically?While many directors believe that AI has the potential to optimize operational and cost efficiency, factors such as increased employee productivity and access to better data are also seen as important opportunities.The latter two have raised three and four locations, respectively, when compared to previous 2024 reports, and the board considers these as…

The excellent PE-backed CFO hit the numbers in the year. Great people think beyond them. Focus on the next exit from the first day. difference? A lenient commitment to promoting long-term stock value, even at the expense of short-term profits. However, the data suggest that CFOs and sponsors may be misaligned in this regard. A recent accordion survey of CFOs and 100 sponsors, backed by 100 PEs, revealed that most CFOs prioritize annual performance over equity value, and that they believe that sponsors want. However, two-thirds of sponsors prefer portfolio CFOs to focus on maximizing stock value, even at the…