A recent survey CFO.University conducted with nearly 200 global finance leaders indicated 58% estimated time savings of one hour or more each day by working from home. Another 20% claimed savings between 31-60 minutes. The vast majority of the remaining 22% were back in the office full time.
Many leaders — even those deeply committed to the growth of others — find themselves cringing as the annual individual development planning (IDP) season approaches. And they’re not alone. Employees frequently feel a similar sense of dread as they prepare to sit down and plot out their goals, learning, and advancement trajectory yet again. With employee retention a top priority for many organizations, the time is now to shift our thinking about development.
“One-size-fits-all” really only works…when it “fits”. Tailoring is required when buying a suit or developing your business controls. Right-sizing your controls will protect your organization.
Developing control activities for your business is no different. If they aren’t right-sized, you will be too vulnerable or too restricted to successfully grow your business.
Saleem describes the six mindsets he believes are most useful for corporate success in this 7 minute video.
At the beginning of the year, we covered the creation of a Business Continuity Plan which prevents most issues from becoming disasters. But what if a disaster exceeds your capacity for immediate remediation? That is when your Disaster Recovery Plan is invaluable – to ensure that an interruption does not threaten the survival of your business. As the CFO, you are in charge of protecting corporate assets and sustaining the earnings stream they generate. Having the components listed below as part of your Disaster Recovery Plan is not only your job, it will help you sleep better at night.
