Five Considerations for Finance Leaders After Recent Banking Market Disruption
Current events highlight what many have been talking about for years with respect to risk and governance. Now is the time for leaders to take stock of what managing risk is all about and the board’s and executive team’s related oversight roles. The CFO and finance organization have an important role to play in this […]
New Protiviti Research: Achieving Audit Relevance
Internal audit functions face a continuing talent crunch and ongoing demands to support the organization’s transformation efforts in response to external events and evolving business strategies and priorities. Amid these challenges, CAEs are focused on enhancing internal audit’s relevance with the board, senior executives and other stakeholders, per findings from Protiviti’s 2023 Next-Generation Internal Audit […]
Six Reasons to Reconsider Cost Optimization
As senior executives face more pressure to respond to rising costs and eroding profit margins, CFOs can remind their colleagues that they have more cost-optimization strategies than they might expect. Many business leaders reflexively reach for the headcount-reduction lever. This is understandable given the rising cost of labor and that downsizing and reducing year-end bonuses […]
Biodiversity Reporting Requirements Have Arrived. Is Your Firm Ready?
Our planet is at a crossroads. In addition to the well-documented climate crisis, the Earth’s biodiversity confronts a threat unprecedented in human history. An estimated one million species face extinction within the next few decades, per the International Union for Conservation of Nature’s Red List of Threatened Species. The global economy is highly dependent upon nature’s […]
5 Ways to Mitigate Greenwashing — and Greenhushing — Risks
You probably know about “greenwashing.” But are you familiar with “greenhushing”? “Greenwashing” is an accusation that activists, investors and other stakeholders levy when they believe a company’s sustainability and environmental proclamations and disclosures lack credibility, meaning they are not supported by facts and underlying data. “Greenhushing” is a deliberate attempt to avoid greenwashing allegations by […]
Using Pay Transparency to Impact Culture, Employee Trust and Manager Effectiveness
At the beginning of 2023, California and Colorado joined Washington and other U.S. states, as well as New York City, in enacting pay transparency laws. It’s likely more states will join them. While they differ in detail and complexity, pay transparency laws require employers to provide compensation information on job postings. They also make it […]