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CHRO-only Roundtable: The Power of Collaboration Between the CHRO and CFO
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CHRO-only Roundtable: The Power of Collaboration Between the CHRO and CFO

HRMAC CHRO Roundtables are forums exclusively for senior HR executives (and Senior HR executives in transition) to gather and discuss hot topics and critical issues. Held 5 times annually, the Roundtables are designed as an opportunity for CHRO-level executives from HRMAC member companies to enjoy highly interactive forums on a strategic topic of interest.

When: Wednesday, October 1, 2014
7:30-8:00 am Networking, 8:00-9:45 am Program
Where: USG Corporation
550 W. Adams St.
Chicago, Illinois  60661
United States
Contact: Bernadette Patton

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Please Note: Attendance at this session is limited to CHROs and CHROs in transition. Capacity is 35 attendees. Advance registration is required; walk-ins cannot be accommodated.

CHROs and CFOs face related challenges in dealing with a global, highly interconnected economy. Technology, changing consumer behavior and demographics are reshaping traditional business models and affecting organizations’ cost structures and skill needs. Aging populations are putting additional pressure on retirement programs and costs, and posing other labor challenges as well, as older workers stay in the workforce longer and gaps emerge in finding sources of skilled labor. HR and Finance departments have always collaborated with each other, but to varying degrees of success. We will explore how both HR and Finance view this collaboration and how increased collaboration correlates to improved development of human capital, management and investment of financial capital, and business performance.

We will draw from a proprietary survey conducted last year with senior HR and Finance executives to unveil insights related to costs, risks and return on investment (ROI), and on the nature of the relationship between the two functional areas. Improving ROI starts with identifying the right metrics: financial, workforce, operational, and customer metrics. Only 11% use all four categories of metrics, but this group is more likely to report strong alignment with financial goals than others, highlighting the importance of a measurement approach that explicitly recognizes important linkages that exist from workforce and reward programs, to employee behavior in day-to-day operations, to customer behavior and ultimately to financial performance.

Speakers: Imran Qureshi, Managing Consultant, and Matt Sloan, Director, Towers Watson

Thank you to our program sponsor: