Back in November, EPM Channel developed their Finance 360° Insight survey to determine where Finance was delivering game-changing value, where they were not, and what could be done about it.
We designed this survey to be a 360° Insight analysis of the finance functions from all levels within the organization. Marketing. Sales. Operations. HR.
“HR executives are well-equipped to competently manage the basics – recruiting, hiring, onboarding, payroll, benefits, training, etc. – and operating unit general managers are generally satisfied with the results. The typical missing link for HR executives, however, is often their ability to assist general managers with the more strategic issues, like:
Are we better off keeping our geographic sales structure after the acquisition, or do we now have sufficient critical mass and concentrations of expertise to take an industry-centric approach?
Can we predict how the increased average age of our skilled workers, their upcoming retirement and the massive replacements by inexperienced workers will affect the business?
The increased production and sales capacity is going to make R&D the bottleneck; what are the critical technical skills we’re going to need and what is the optimal mix of hires, layoffs and retraining to counteract that bottleneck?
In order to meet the increased seasonal demand from new customers, should we build inventory early, run additional shifts or outsource some of our production needs?