Finance Year-End

As Year-end Approaches, Finish Strong and Focus Forward As CEOs and other leaders come to grips with the reality of another year quickly coming to a close, many simultaneously recognize that it is a vital time to take stock of what needs to be done to strengthen one’s business and get it to where we …

Adopting a Strategic HR Focus at Year-end

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Like most organizational functions, Human Resources entails a variety of deadlines and milestones for initiatives and actions throughout the year. Naturally, the year-end period is no different. But for some leaders, a focus on checking tactical HR items off the list during this time can mean insufficient attention paid to charting the broader strategic direction …

How Workplan Analysis Can Strengthen Your Business

As leaders consider how to make their businesses stronger, answers to important questions and decision points are not always obvious. A wide range of internal and external factors can contribute to this cloudiness and diminish leaders’ trust that they’re charting the best paths. Workplan Analysis is an effective tool for bringing greater clarity and confidence …

Strategic Planning – 7 Common Mistakes and How to Avoid Them

As consulting CFOs who have led and participated in countless strategic planning sessions over the years, we have experienced first-hand the value that effective strategic planning brings to business. Strategic planning is a vital activity that helps an organization assess the state of its business, market, and resources. It determines priorities, identifies operational gaps, and …

Year-End Actions and Assesment for Recruiting and Staffing

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Year-end recruiting and staffing actions typically involve less of the mandated reporting and administrative activities that are common hallmarks of other functions like finance and accounting. Even so, CEOs and those concerned with attracting, landing, and retaining key talent for an organization should view it with the same level of importance. Below, we dive into …

Do I Need a CFO?

Some form of the question, “Do I need a CFO?” surfaces in the course of conversation at a very high percentage of the lunches or professional events our vcfo consultants attend with business leaders. It’s a pivotal and not surprising question for CEOs to struggle with, especially when they have solid controllers and accounting managers …

What Every CEO and Board Should Know About Their Human Resources Department and Strategic HR

The strategic role of Human Resources and the understanding of same is mission critical to a CEO and the Board.  Over the years, HR has changed from a “personnel/paper pushing” department to a department that can add value which translates to company savings that can drop to the bottom line.  Allowing HR to have a …

HR Pitfalls of Mergers and Acquisitions

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Five HR Pitfalls to Avoid After a Merger or Acquisition In a previous post, we examined the important topic of The Roles HR Can Play During Merger and Acquisition. When effectively leveraged, HR instills confidence and calm in leaders and employees that all bases are covered in this time of transition. But HR’s role doesn’t …

vcfo Grows with the Addition of Strategic Financial Consultants in Texas

vcfo welcomed the addition of six new consultants across their Texas market this past year. The Austin market welcomed Michael Mariano as Corporate CFO and EVP, Brian Wright and Scott Sechovec as consulting CFOs and Mark Wilson as Consulting Controller. Brian Bruce joined the Dallas team as Consulting CFO, and Chris Hysinger joined in Houston …

Best Practices for Long-Term Incentive Planning

Written by Kelly Wells and Teresa Foltz Many elements go into the formula for attracting, retaining and developing the right talent for your organization. In assessing how you’re doing across each of these elements, one of the questions you’ll undoubtedly want to explore is “What kind of long-term incentive plan should our business have in …