As Internal Audit Evolves, CAEs Must Make Talent Management Core to Strategic Planning
The global pandemic changed the worldwide labor market. One trend, which began in early 2021, is the aptly named “Great Resignation.” Amid perceived wage stagnation, excessive stress, limited opportunities for career advancement and inflexible remote work policies, workers began quitting their jobs voluntarily — and by the millions. The “Great Reevaluation” came next, starting in […]
The CFO’s Strategic Contributions Keep Expanding
As the CFO’s strategic star continues to rise, Hubble’s theory of an expanding universe also seems to apply to the broadening purview — and workload — of finance executives. Protiviti’s latest global survey of CFOs and finance leaders shows that the top overall priorities for these leaders continue to proliferate. Their realms of responsibility include […]
ESG: Nine Actions CFOs and Finance Leaders Can Take Today
Findings from our latest Global Finance Trends survey reveal that environmental, social and governance (ESG) strategy and reporting are taking center stage as a top priority of CFOs today. Case in point: In 75% of organizations, the finance team has taken on ESG risks and issues as part of its role. With their unique blend […]
A 5-Step Plan to Operationalize DEIB
As senior leadership teams evaluate their diversity, equity, inclusion and belonging (DEIB) strategies and objectives for 2023, they might consider the Second Law of Thermodynamics. This fundamental physics principle states that the entropy of an isolated system increases over time. This concept also applies to DEIB programs that fail to become institutionalized despite being launched […]
Talent, Culture and Disruption Are Top-Ranking Risks for CFOs, Survey Shows
I love to learn new words. Whether or not CFOs are familiar with this term, they undoubtedly know its connotation and are dealing with its effects every day. Permacrisis — named by the UK-based Collins English Dictionary as the 2022 word of the year — is defined as “an extended period of instability and insecurity, […]