Reinventing the CFO

TABLE 5-3 Relative measures at Handelsbanken Expenses expressed as a Cost/income ratio percentage of total assets Handelsbanken 43% 0.7% Danske Bank 51% 0.7% FöreningsSparbenken 56% 1.4% DnB Nor 61% 1.9% Nordea 61% 1.4% SEB 66% 1.2% ...

Author: Jeremy Hope

Publisher: Harvard Business Press

ISBN: 9781591399452

Category: Business & Economics

Page: 258

View: 900

DOWNLOAD →

On the heels of a decade of scandals and the new pressures brought on by the Sarbanes-Oxley Act, corporations expect far more from their CFOs than simply managing the numbers. They expect decision-making support and performance insights that can improve bottom-line results. Unfortunately, the complexity and detail inherent in CFOs’ jobs keep them shackled to budgeting and transaction-processing systems that leave little time for value-adding activities. Grounded in extensive research, Reinventing the CFO outlines seven critical roles—from streamlining redundant processes to regulating risk to identifying a few key measures—that CFOs must take on in order to successfully transform the finance operation.

HBR s 10 Must Reads on Reinventing HR with bonus article People Before Strategy by Ram Charan Dominic Barton and Dennis Carey

leaders in creating, 27–29 at Netflix, 19–30 of transparency, 118 Culture Amp, 41 curiosity, 86–88 customer impact, 93 CVS, 152 daily activities, meaningful, 123–125 Danske Bank, 169 dashboards, 78 data compliance officers, ...

Author: Harvard Business Review

Publisher: Harvard Business Press

ISBN: 9781633697850

Category: Business & Economics

Page: 208

View: 326

DOWNLOAD →

How HR can lead. If you read nothing else on reinventing human resources, read these 10 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones on how HR leaders can partner with the C-suite, drive change throughout the organization, and develop the workforce of the future. This book will inspire you to: Overhaul performance management practices to jump-start motivation and engagement Use agile processes to transform how you hire, develop, and manage people Establish diversity programs that increase innovation and competitiveness as well as inclusion Use people analytics to bring unprecedented insight to hiring and talent management Prepare your company for the double waves of artificial intelligence and an older workforce Close the gap between HR and strategy This collection of articles includes: "People Before Strategy: A New Role for the CHRO," by Ram Charan, Dominic Barton, and Dennis Carey; "How Netflix Reinvented HR," by Patty McCord; "HR Goes Agile," by Peter Cappelli and Anna Tavis; "Reinventing Performance Management," by Marcus Buckingham and Ashley Goodall; "Better People Analytics," by Paul Leonardi and Noshir Contractor; "21st-Century Talent Spotting," by Claudio Fernandez-Araoz; "Tours of Duty: The New Employer-Employee Contract," by Reid Hoffman, Ben Casnocha, and Chris Yeh; "Creating the Best Workplace on Earth," by Rob Goffee and Gareth Jones; "Why Diversity Programs Fail," by Frank Dobbins and Alexandra Kalev; "When No One Retires," by Paul Irving; and "Collaborative Intelligence: Humans and AI Are Joining Forces," by H. James Wilson and Paul R. Daugherty.

Reinventing Danske Bank

Reinventing Danske Bank offers a way out. Dr. Pieter Klaas Jagersma is an independent researcher, business professor, and supervisory board member at Rijk Zwaan and several family offices.

Author: Pieter Klaas Jagersma

Publisher:

ISBN: 9798578392535

Category:

Page: 202

View: 261

DOWNLOAD →

Danske Bank has been forced to close all operations in the Baltics and Russia in response to the largest ever money laundering scandal, which has prompted EU authorities to launch an investigation of Danish and Estonian regulators. More than $200 billion of suspicious money from Russia and other ex-Soviet states flowed through its tiny Estonian branch over a nine-year period. Danske Bank has said it is being investigated by the US Securities and Exchange Commission, adding another regulator to the list of authorities probing the bank over the Estonian money-laundering scandal (It is also being probed by authorities in the UK and France). Besides, the Danske Bank manager who was made interim chief executive after the money laundering scandal has been dismissed over a separate mis-selling scandal in a further embarrassing setback for the Danish lender. According to the Financial Times (June 25, 2019), 87.000 of the bank's customers who invested in a specific investment product had been overcharged fees in comparison with expected returns. Both cases had been damaging to public trust and Denmark's international reputation. At the same moment, I executed an extensive multi-year (2017-2019) research study on the corporate reputations of 38 European business banks (including Danske Bank). The results of 229 in-depth interviews with senior executives and senior managers of Fortune Global 500 and Forbes Global 2000 companies were used to reveal the corporate reputation of Danske Bank. The interviewees were open and very helpful in sharing many Danske Bank-specific insights with me - and therefore with you. They were generous with their time and supportive of my odyssey. Winners in the coming years will be those banks that properly build and manage 'reputation equity'. It will take conviction, courage, and commitment on the part of the Danske Bank leadership group to make that happen. Reinventing Danske Bank offers a way out. Dr. Pieter Klaas Jagersma is an independent researcher, business professor, and supervisory board member at Rijk Zwaan and several family offices. He worked at McKinsey & Company earlier in his career and as the ABN Amro chair professor of international entrepreneurship at Nyenrode Business University.

The Language of Crisis

Way to go Danske Bank—proving yourselves the clueless corporate assholes that everyone knows you to be. Seriously. Want to reinvent yourselves? DO RIGHT BY THE PEOPLE. PERIOD (November 26 2012) Across Examples (7) to (10), ...

Author: Mimi Huang

Publisher: John Benjamins Publishing Company

ISBN: 9789027261540

Category: Language Arts & Disciplines

Page: 309

View: 799

DOWNLOAD →

In times of crisis, how do people conceptualise and communicate their experiences through different forms and channels? How can original research in cognitive linguistics, discourse analysis and crisis studies advance our understanding of the ways in which we interact with and communicate about crisis events? In answering these questions, this volume examines the unique functions, features and applications of the metaphors and frames that emerge from and give shape to crisis-related discourses. The chapters in this volume present original concepts, approaches, authentic data and findings of crisis discourses in a wide range of organisational, political and personal contexts that affect a diverse body of language users and communities. This book will appeal to a broad readership in linguistics, sociological studies, cognitive sciences, crisis studies as well as language and communication researchers and practitioners.

Corporate Finance

... C Guide to Scandinavian Corporate Finance and Treasury 1996 ( 1 DEN DANSKE BANK CASTS A WIDER LOAN NET Selected Den ... likes of Deutsche Telekom or Sweden's Telia - " Only by reinventing the way we did business could we survive .

Author:

Publisher:

ISBN: CORNELL:31924078035262

Category: Corporations

Page:

View: 552

DOWNLOAD →

Global Challenges to CSR and Sustainable Development

Reinventing the corporation. Journal of the British Academy, 4, 53–72. Mayer, C. (2017). Who is responsible for irresponsible ... Sustainable finance: Danske Bank's shows need for bigger accounting picture. Financial Times. 5 December.

Author: Stephen Vertigans

Publisher: Springer Nature

ISBN: 9783030625016

Category: Business & Economics

Page: 309

View: 763

DOWNLOAD →

This book examines and analyzes the challenges programmes for Corporate Social Responsibility (CSR) and sustainable development are facing in global management practice. It looks at the dichotomy of a general and popular demand for responsible and resilient management, and the counterplayers that impact the positive effect of such efforts. The book assembles latest research looking at the root causes for this opposition, and new case studies that showcase the dilemma and possible solutions to overcome it. Overall, the book juxtaposes short terminism within CSR programmes and longer term sustainable development, mis-allocation of resources and failed promises associated with CSR, and sketches pathways how CSR and sustainable development can be directed towards the most pressing issues.

Architecting Growth in the Digital Era

The issue was that they could not reinvent themselves to be relevant as their respective industries transformed. ... For example, in the Sampo Bank acquisition, Danske Bank had the opportunity to deepen the business and create economies ...

Author: Stefan Henningsson

Publisher: Springer Nature

ISBN: 9783030394820

Category: Computers

Page: 112

View: 459

DOWNLOAD →

This book provides the reader with the cognitive keys and practical guidelines to manage acquisitive growth in the digital era. It takes a distinct managerial perspective on acquisitions, with a relentless focus on how Enterprise Architecture (EA) relates to value creation. The book builds upon an extensive fundament of rigorous research, first-hand experiences from using Enterprise Architecture to catalyze acquisitions in several Fortune 500 companies, and a wide pool of case examples from leading firms in the US, Europe and Australia. The book is divided into three parts. Part I addresses the fundament for the book by decomposing the problem of acquisitive growth and explaining how advance in EA practices have created the potential for mitigating the challenges. Part II then details how an advanced EA capability can contribute to the different phases of an acquisition process. Lastly, Part III provides hands-on guidance on how to implement EA in the acquisition process and concludes with a summary and personal advice from the authors as notes on the journey ahead. Overall, this book explains how Enterprise Architecture can be used to unlock the value potential in acquisitions without bringing the need for a major organizational restructure. It provides managers, EA professionals, and MBA students with the cognitive keys to characterize the problems and to craft and implement effective solutions.

Financial World

Royal Bank Canada 24. Fortis 25. Charles Schwab 26. Bank Of New York 27. ... Danske Bank 13. ... “ A minimum necessary investment in knowledge management is needed to stop reinventing the wheel , but there can be diminishing returns .

Author:

Publisher:

ISBN: UCLA:L0086628716

Category: Banks and banking, International

Page:

View: 179

DOWNLOAD →

Standard Poor s Creditweek International

117 Bank Brussels Lambert S.A. and related entities 118 Bank of South Australia Ltd. 118 British Columbia ( Province of ) , Canada / British Columbia ... 121 CSR America Inc. 122 Den Danske Bank A / S .. ... to reinvent CONTENTS CONTINUED.

Author:

Publisher:

ISBN: UOM:35128001852001

Category: Investments

Page:

View: 219

DOWNLOAD →

ICMLG2015 The 3rd International Conference on Management Leadership and Governance

EFMA (2010) “Transforming Retail Banking to Reflect the New Economic Environment”, A report by the EFMA Banking ... http://www.finextra.com/news/fullstory.aspx?newsitemid=26740 (30.11.2014) Kann, L. (2013) Danske endisele juhile ...

Author: Coral Ingley and James Lockhart

Publisher: Academic Conferences and Publishing Limited

ISBN: 9781910309858

Category:

Page: 344

View: 541

DOWNLOAD →

The conference committee encourages contributions on this wide range of topics through the use of a variety of rigorous approaches, including theoretical and empirical papers employing qualitative, quantitative and critical methods. Action-based research, case studies and work-in-progress/posters are enthusiastically welcomed. PhD research, proposals for roundtable discussions, practitioner contributions and product demonstrations based on the conference themes are also invited.