4 key steps to creating a value-added HR organization As a long-time HR consulting firm, when the vcfo team goes in to help HR departments with a project or issue, what we often find is a team that is stuck in the proverbial HR “weeds.”Team members are often focused on HR for the sake of …
Category Archives: Blog
15
Nov
Nov
From a competitive standpoint, 2016 has been a choppy year for major aircraft manufacturers. Intense pricing competition between Airbus and Boeing, as well as increasing competition from Bombardier, have led both companies to pursue cost-cutting efforts. The ripple effects to suppliers from Boeing’s latest efforts, including requests for longer payment terms, have significant business implications. …
08
Nov
Nov
The pressures on restaurant owners and managers are relentless. New competition. Shifting economic conditions. Changing tastes. All kinds of constantly evolving business considerations make it easy to get caught up worrying about things like customer service and turnover while revenue and profits slip away. In fact, when we provide CFO consulting services to restaurants, we …
04
Nov
Nov
In life and in work, strategic planning and preparation can go a long way. As a provider of recruitment services for a variety of client types, my team and I serve a range of diverse placement needs throughout the year at vcfo. While last-minute recruiting is sometimes necessary, we urge clients to develop a flexible …
27
Oct
Oct
A cursory view of the stock market would have you believe that a company’s value is a singular metric. A stock is trading for $100 and is, therefore, worth its stock price multiplied by the number of outstanding shares. But, there is more at play than meets the eye here. That $100 stock price is …
20
Oct
Oct
Did you know that the healthcare industry brings in $1.68 trillion in revenue annually? As a profitable industry, many companies want to break into this market segment through innovative new solutions. However, ensuring the business is performing effectively and profitably is imperative to its long-term success. If you offer Software as a Service (SaaS) applications …
13
Oct
Oct
As we begin Q4 and near year-end, businesses should begin preparing for 2017. While many companies may begin aligning its workforce or implementing strategies around technology process improvements, now is the time to dive into budgets. Budgeting and forecasting enables businesses to determine the right process and people improvements based on their individual growth plans, …
11
Oct
Oct
In a previously published blog, we discussed that by December 1, 2016, all businesses must comply with the changes made to the overtime regulations of the Fair Labor Standards Act (FLSA). According to the rules, an estimated 4.2 million currently exempt employees will now be eligible for overtime pay. With just two months left to go …
04
Oct
Oct
We have seen CEOs and business owners struggle to meet the challenges to building sustainable value in their companies. These challenges are shown as a progression from low-value at the survival stage to a high value exit plan at the top of the stairs. Challenge #3: Making Consistently Good Decisions All companies’ structures and performances …
25
Sep
Sep
As members of another generation, whether you’re a Baby Boomer or part of Generation X or Y, communicating with the Millennial Generation can oftentimes require methods or tools you don’t normally use. Born between 1982 and 2004, you need different communication tools to connect effectively with this generation. As professionals outside of this generation, we …