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Imagine a workplace where you have to implement ladders with every decision before taking action. Team members are waiting for instructions and cannot make progress without express consent from top leadership. The leadership team must approve everything from new business cards to new recruits. We've worked with teams like this and we've seen how it can curb innovation, slow progress and cause departures.Now, imagine a workplace where teams are empowered to make decisions quickly and nearby. It's not about giving free reins to every idea, but about involving employees early in order to form strategies and initiatives that will be…
While reward arguments often follow strategy arguments, there are some notable cases where the reverse can be equally useful. Part 1 of this series explored how executive compensation debates can “shake the dog” and trigger fruitful dialogue about underlying business facilities and strategic priorities. Part 2 jumped into an example in which compensation programs reveal talent gaps and previously unnoticed cultural risks.This third and final article focuses on three cases in which compensation discussions have changed the way we actually work. By examining how compensation programs reward and enhance workflows, businesses can help uncover new areas for efficiency, build succession…
In times of economic upheaval and great uncertainty, the corporate governance system introduced by the board has been tested in practice. With the rising levels of uncertainty in 2025, corporate board members are under increasing pressure to prove that the company's growth plans are reliable, adaptable and sustainable. The cracks and flaws in the board outlined to investors will be scrutinized this year as the reality of the world trade war, supply chain turmoil and the horror of a recession have surprised investors.Is your board ready to navigate your company well through this current crisis of risk and uncertainty? If…
Allan Le An is the finance chief of a company at the forefront of robotics. San Diego-based Brain develops an operating system for autonomous mobile robots that performs inventory management and intelligent floor cleaning of commercial facilities.Of course, they can't (at least yet) lead the finance department. The integration of AI and automation is restructuring the financial profession, but the key lessons he has learned in his career are to continue to be curious, practical experiments and constant questions, particularly regarding whether financial tasks will affect the business.”Early, I focused on accuracy,” And said. “Now, I'm more focused on decision…
As the organization's financial manager, the CFO is responsible for ensuring that revenues are properly recognized under ASC 606. However, tariffs can complicate this important accounting standard when it disrupts global trade. Tariffs are at least temporarily returning to play, creating new revenue recognition challenges for CFOs. So, what impact these trade strategies have on the revenue recognition process and what are the impacts of financial reporting? How do customs duties affect Rebrec for different types of contracts? ASC 606 provides that revenue is recognized when management of a product or service is transferred to a customer. The transaction price…
Achieving and preserving stakeholder trust is an increasingly significant responsibility of the organization's management committee, given the evolving changes in public attitudes and perspectives. These shifts are well explained in the 2025 version of Trust Barometer, published by consulting firm Edelman.In this regard, “trust” should, together with “reputation,” be considered as a significant part of unrecognized, intangible organizational assets. Both are evaluated attributes of effective business companies, but have distinct characteristics that should be recognized by the leadership of the company.”Trust” usually refers to internal and external feelings regarding organizational ethics, integrity, and corporate responsibility. On the other hand, “reputation”…
“The world is in the fog of tariffs, which is difficult to see the future because there are so many variables that it's difficult to see the path ahead,” said Nicholas Pinchuk, CEO of Snap-on on April 17, a hand tool maker. At the same time, he was not defending the standing putt. “This is an environment that requires urgent action to coordinate for optimization and utilization,” he added (according to the S&P Capital IQ call transcript). Joseph Estevez, CEO of Main Point, supply chain and operations consulting firm, agrees. Despite a 90-day suspension of “mutual” US tariffs, he is…
Each week, open your inbox to an email with subjects such as “How to deal with toxic employees” and “How to deal with energy-sucking colleagues.” Each of them makes me irritated – not because the problem is not real, but because language alone reveals the bigger problem. Only 40% of leaders who reported having high quality leadership in their organization in 2023 have seen a sharp decline of 17% over the past two years, the biggest decline in 10 years. At the same time, employees increasingly view HR as a function that serves the company's interests rather than their own.…
Zebra Technologies Board Chairman Michael Smith said he was surprised by the findings. Because in his experience, GC “sits through virtually all board deliberations except for executive sessions,” he said in an interview with. Corporate Board Members.”If there's a place where risk assessments and mitigation plans are put together, it's usually under the GC, and certainly it's a surprising and concerning thing because it's certainly the core responsibility of the board as a whole,” he said.Jan Babiak, who chairs the audit committees for the Walgreens Boots Alliance and Bank of Montreal and serves on the boards of several other public…