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Inflation vs. Recession: What are CFOs Biggest Concerns for 2023?

Inflation vs. Recession: What are CFOs Biggest Concerns for 2023?

by controllers | Oct 31, 2022 | CFO Insights, Crisis Management, Economics/Economy

A recession is expected in North America by 2023, but are CFOs more afraid of recession or inflation in this country? A recession is a significant, widespread, and prolonged downturn in economic activity. Inflation is a rise in prices, which can be translated as the...
CFOs Turnover During Uncertain Times

CFOs Turnover During Uncertain Times

by controllers | Oct 25, 2022 | CFO Insights, Corporate Finance, Crisis Management, Economics/Economy, HR/Talent

In the last few months, some of the country’s biggest companies have lost their finance chiefs. Studies show that Fall is a period of high CFO turnover. Take a look at a recent Wall Street Journal article to learn about finance chiefs switching jobs as companies face...
Controllers Recession Management Playbook

Controllers Recession Management Playbook

by controllers | Jul 18, 2022 | Controllers, Crisis Management, Economics/Economy

In the world of business, no one is immune to recessions. Controllers are often the ones who must manage through these difficult times by making tough decisions and implementing strategies to keep their companies afloat. Although there’s no one-size-fits-all...
Staying Afloat When Surrounded by Bankruptcies

Staying Afloat When Surrounded by Bankruptcies

by controllers | Feb 20, 2021 | Crisis Management, Finance

Naval formations are interesting things. Each vessel, be it a destroyer, battleship, cruiser, aircraft carrier, or submarine plays a role in keeping the other protected. Aircraft carriers, despite being among the most valuable for their larger role, are often the...
The Role of the Finance Professional in the Midst of a Crisis

The Role of the Finance Professional in the Midst of a Crisis

by controllers | Jul 28, 2020 | COVID-19, Crisis Management

Every decade presents us with at least one significant crisis. Whether that’s an internal crisis, industry crisis, or global crisis, you can rest assured that as soon as the pandemic is a memory, the clock starts ticking as we approach a different one. Lessons...
Layoffs, Furloughs, and Other Paths to Survive: A Controller’s View

Layoffs, Furloughs, and Other Paths to Survive: A Controller’s View

by controllers | Jun 22, 2020 | Crisis Management, Trends

As the economy remains in a constant state of tumult, it’s hard to know if things are heading up, down, or sideways. While some may be confident, others are not so much, meaning that many controllers may have to make tough decisions to keep the business running even...
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