Employee Performance Management - What Your CFO Needs to Know About Culture Before Investing

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Labor is probably your number one CONTROLLABLE cost. Talented employees are also a scarce resource. How is it that financial capital is plentiful but carefully managed, and great employees are scarce and poorly managed?

The answer lies in the relationship between your CHRO and your CFO. They speak different languages, have different priorities, and work off different projects with different desired outcomes. Often, the only thing they can agree on is compliance and reporting.

With the rise of Human Equity Valuation (HEV) companies are able to look at the financial impact of people on enterprise value. This drives more targeted and impactful investments in people and makes the case clearly that performance management in not an option, but a requirement. By looking at what are perceived to be “human resources initiatives” in financial terms, the CHRO and the CFO can invest in the enterprise together.

You'll learn:

What is Human Equity Valuation (HEV) and how can it help you most effectively invest in your people?
What is negative engagement and why does the CFO care about it and less about positive engagement?
In an environment where hiring and retaining top talent is difficult, what are alternative “currencies” employees not only accept, but crave?

And more!

June 20, 2018 8 AM PDT, 11 PM ET, 4 PM GMT

Brought to you by:

John Frehse, Senior Managing Director, Ankura

John Frehse is a Senior Managing Director at Ankura, based in the New York office. He has more than 20 years of experience focused on labor and operations strategy.

John has developed and implemented strategies for more than 100 companies, and he delivers to corporate leaders innovative labor solutions that incorporate solutions to employee needs. His work has spanned a wide range of industries, including food and beverage, automotive, chemical, electronics, pharmaceuticals, power, call centers, banking/insurance, distribution, telecommunications, mining, government and healthcare.

John’s professional philosophy is that people are the most valuable resource of every company. His experience has proven that in order to create long-term success, a thoughtful and methodical approach to labor must be created.

Before joining Ankura, John was a founding partner of Core Practice LLC, an international labor strategies firm. Prior to that, he was head of Global Strategic Services Sales for Blue Pumpkin Software, now known as Verint. His clients included the manufacturer of automobile driveline and drivetrain components and systems, a multinational food manufacturing and processing conglomerate, and a Canadian telecommunications and media company.

John sits on the board of The Workforce Institute and is a thought leader for its think tank. He is also a member of the advisory board for HR.com’s Workforce Management practice, where he educates management teams on union negotiation strategies and employee engagement methodologies.

Human Resources Today