Why Companies Need to Listen to Employee Feedback
Sometimes the truth hurts. In this case, ignoring employee feedback carries risks to employee engagement and the bottom line. In fact, if you want to attract, land and retain quality staff, a mutual exchange of constructive feedback is imperative. Here’s why companies need to listen to their employees, even
How to Improve Your Leadership Skills
Leadership isn’t about being a Director of Finance or CFO. You could be a leader even if you don’t have a position of authority. In fact, a true leader is someone that people would follow regardless of title. It’s about understanding when to take the lead from
How to Set Goals as a Finance Manager (and Help Your Team Achieve Them)
Not everyone can score goals like Sidney Crosby or Wayne Gretzky, but if your finance team doesn’t meet expectations, the impact is widespread. That’s why it’s so important as a finance manager to set goals that include accountability and recognition. Here are some tips..
The Impact of High Employee Turnover (and What to Do About It)
The cost of replacing a departing employee can be staggering – in some cases the equivalent of a full year’s salary. Sourcing, landing and onboarding costs are substantial, and those investments of time and energy are lost along with the employee’s knowledge and expertise. But there are other impacts
How to Be a Mentor That Makes a Difference
We talk a lot about how everyone can benefit from a mentor regardless of position. But what actually makes a great mentor? It is, after all, a serious responsibility. A mentor must believe in their mentee and offer constructive guidance at critical junctures.
Thinking of becoming a mentor? Here’s
How to Build a Finance Dream Team
The years 1983 to 1990 will forever be enshrined in the mind of every Edmonton Oilers’ fan. They were the dynasty years, when the team ruled the ice and won 5 Stanley Cups. They illustrate what can happen when a team is in sync, and has great leadership at the helm.
So the
How to Retain Your Employees after a Merger or Acquisition
No one person is more important than the whole. That’s the going wisdom. And while it may be true, a merger or acquisition can see your intellectual capital and top performers heading out the door. To prevent this from happening, there are several key strategies that you can employ.
How to Ensure a New Finance Manager Succeeds
The transition to manager can be a tricky one to navigate successfully. There are new responsibilities and prestige, but also pressure to deliver on a larger scale than before. It can be a stressful and exciting time. As the manager of a new manager you have an opportunity to help
How to Know if an Employee is Ready to Work Remotely
According to a 2013 Bank of Montréal poll, 47% of large businesses and 22% of small businesses offer some kind of telecommuting option. Flexible work arrangements are seen as a way to entice new staff to join and keep top performers in the fold. And while many employees would like to work
Mentoring Myths That Are Hurting Your Finance Team
Mentoring has evolved, and the role that it fills in any organization today is critical to attracting, developing and retaining staff. There are, however, mentoring misconceptions that can hurt the success of any mentoring program or relationship. Here are 6 common mentoring myths debunked.
How to Get the Most from Remote Staff
In today’s workplace it’s not unusual to employ remote staff. The question is how do you keep them engaged and focused? Finding a motivated employee who is truly self-directed can be challenging. This means that managers play a key role in getting the most from their remote staff.
How to Make Your Finance Team More Productive
No team, no matter how empowered, can always operate at maximum productivity. Whether it’s the arrival of summer, or the midpoint of a large project, the best finance teams can dip down. Here are 7 suggestions to help make your finance team more productive again.