Challenges Faced by Professional Services Firms (and How a Strategic CFO Can Address Them) Professional services firms are unique entities. For them, hard assets like inventory, furniture, and machinery which are common in many businesses, are relatively few. Instead, their assets are their people. Some may think that makes financial management and strategic planning in …
Tag Archives: executive leadership
08
Feb
Feb
Giving back to the community has been a core value for vcfo since inception 27 years ago. Over the years our initiatives coalesced into vcfo gives®. As we close out 2022 and look ahead to 2023, I want to share more about what I consider a critical value to vcfo. By way of background, early …
23
Jan
Jan
This post is authored by Rainee Busby, a Certified EOS Implementer® and Franchisee with EOS Worldwide. Since 2015, she has implemented EOS® in over 70 organizations delivering 350+ full day sessions. Five Key Aspects of Accountability in Your Business Inflation issues and supply chain woes aren’t going away anytime soon. To manage effectively, minimize negative …
20
Jan
Jan
Best Practices for Establishing a Compensation Strategy & Philosophy How a business approaches employee compensation plays a very important role in shaping the success of the business itself. For some, the approach to compensation can be rather organic or undefined, stemming from roots established in the company’s earliest days or from leaders following individual viewpoints …
17
Nov
Nov
A Single Simple Test that Could Save Your Business Medical professionals often first rely on simple and inexpensive tests to determine whether more expensive, intrusive, or uncomfortable tests are necessary to gain deeper insights or more conclusive evidence to inform medical decisions they and patients face. In many cases, one simple, initial test tells them …
18
Aug
Aug
The role and impact of the Chief People Officer (CPO) or Chief Human Resources Officer (CHRO) has continued to evolve since its emergence some two decades ago. Its origins marked a break from the traditional view of HR as primarily a tactical and administrative function to instead recognizing it as an indispensable part of the …
08
Jul
Jul
Running a business requires a focus on many external forces, such as market and consumer behavior changes, labor markets, cost and pricing adjustments, capital needs, and more. Internal resources are best utilized by making sure the right people are in the right roles, systems are being properly utilized, and processes are as efficient as possible. …
16
Jun
Jun
DE&I Implementation – Good Intentions vs. Strategies that Drive Results The vcfo team regularly meets with leaders to understand their business challenges and opportunities and how we can help to navigate them successfully. Our conversations are usually broad and focus on the why and how of their businesses. These interactions often lead to discussions about …
01
Jun
Jun
This article was co-authored by Teresa Foltz, vcfo Houston Senior People Operations/ HR Consultant, and Paul Hagerty, vcfo Dallas Senior People Operations/ HR Consultant. Outsourcing HR – 8 Benefits of Virtual or Fractional HR Leadership Employees have always been a company’s most important asset, but the events of recent years have driven that point home …
05
May
May
This article is in collaboration with panelists from the May 2022 Houston TEI Presidents’ Forum Focused Breakfast. Below is a summary of the discussion points from all professionals on the ‘M&A: Preparing for Sale‘ panel. Feel free to reach out to us at vcfo or the other panelists in an effort to get ready for …