Deepak Dhawan’s Post

In today's rapidly evolving business landscape, people are your greatest asset. Our India CFO, Sanjeev Jha, highlights the importance of investing in talent management and retention for Indian companies. By prioritizing these areas, organizations can build high-performing teams, foster innovation, and secure long-term success. Read more here: https://lnkd.in/gSkx5GkN #PERSOLKELLYIndia #TalentManagement #CFOInsights #PeopleFirst #WorkforceStrategy #Leadership

Is promoting from CPO to CEO the way to improve female representation at CEO level? According to a recent study by Sage, 91% of CEOs are male, 42% having come from a finance background, and in the FTSE 100, a large portion of chief execs come from a privately educated background. Because the CFO is usually promoted to the CEO position, and the financial industry is disproportionately male, the lack of diversity in CEO roles is propagated and maintained. One way to challenge this is to rethink succession planning and to consider promotion from CPO to CEO instead. Because HR is more female dominated, this could be a solution to structural inequality. In the same Sage report, 91% of HR leaders believe they have the necessary skills to be the CEO at their company and 94% of C Suite believe HR leaders have what it takes to lead a company. Clearly, HR has an appetite to lead firms and the perception of this section of the company has shifted from being safe to innovative... #chiefpeopleofficer #CPO #HRleadership #CEO https://loom.ly/FGBSymk

In today’s fast-changing business environment, your people are your greatest asset. Our India CFO, Sanjeev Jha, emphasizes the critical need for talent management and retention in Indian companies. By focusing on these areas, organizations can create high-performing teams, drive innovation, and ensure long-term success. Read more here: https://lnkd.in/gSkx5GkN hashtag #PERSOLKELLYIndia hashtag #TalentManagement hashtag #CFOInsights hashtag #PeopleFirst hashtag #WorkforceStrategy hashtag #Leadership

Boards and industry professionals need to remain attuned to the trends and factors shaping CEO compensation. For the third year in a row, we partnered with data company OpenDirector to produce a comprehensive report on the top highest-paid CEOs for 2024 and the factors shaping executive compensation. Featured in The Australian Financial Review, Australia's list of the top 50 highest-paid CEOs highlights significant trends in CEO compensation. These include the impact of market dynamics and regulatory environments on executive pay and balancing rewarding performance with maintaining stakeholder trust. Read or download the full report here: 📩 Download a copy of the comprehensive analysis of the top-paid CEOs for 2024: https://lnkd.in/g-7qym5P 📰 Read the full AFR article here: https://bit.ly/3ZICAnR #board #governance #CEO #remuneration #leadership #odgersberndtson

We all know about the big behemoths falling in the top 50 biggest companies by market cap (NIFTY 50 companies) But ever wondered what would be the salaries of the CEOs running them ? Well , here are the names of top 3 CEOs who received the highest compensation in 2024 among the NIFTY 50 companies Their total remuneration included the home took by them this yr which was worth above Rs100cr Among the three, Mr. Jain and Mr. Delaporte saw their total remuneration get doubled in the FY2024 to 101 cr and 167 cr respectively Source: Annual Reports

𝗙𝗿𝗼𝗺 𝘁𝗵𝗲 𝗖𝗼𝗻𝘀𝘂𝗹𝘁𝗮𝗻𝘁'𝘀 𝗗𝗲𝘀𝗸 I believe a key responsibility of a Management Consultant is to professionalize family-owned businesses (FOBs). These businesses form the backbone of India’s economy, contributing over 70% to the GDP and employing a significant share of the workforce. As a consultant, I often engage with FOBs to address various challenges, including: # Succession planning and Leadership transition # Professionalization and Governance # Conflict Management # Capital and Financial Management # Retention of Professional talents. # Globalization and Competition Each of these challenges has a significant impact on family-owned businesses. In today’s ever-evolving world, seeking guidance from a Management Consultant is essential to ensure long-term success and sustainability.

“A slump in voluntary departures is a challenge to professional services firms’ traditional “up or out” model. Less “out” means less “up”, a phenomenon suggested by data from across the sector.” KPMG, the firm with all the bank client failures, cut auditors. One way to lose clients… And yet some are still talking about a “shortage” of accountants in the Big 4. What’s really happening is a shortage of those willing to go to work for the comparatively lower salaries or $pend five years to qualify for entry level. #monopsony

A very good read and article by Korn Ferry. The Interim and Contract environment will continue to grow more rapidly as organisations surface from the previous years of impact to business continuity. For many businesses, the need for highly skilled professionals to 'air drop' into the operations and make a difference hour one, is critical to regaining market traction. #leadership #interim #transformation #strategy #culture #change #skills #business

Exploring Executive Incentives: A Guide for Today’s Managers Understanding senior-level remuneration for CEOs and CFOs has critical determinants like profitability, board composition, and firm size. CEO duality and NEDs proportion have less influence. The traditional CEO duality concept is evolving with corporate governance, while NEDs' oversight maintains organizational checks and balances. Notably, company financial performance doesn't always directly link to executive compensation. CEO pay must align with long-term value creation and investor expectations. In India, the Board of Directors heavily influences executive pay, prioritizing ownership features over traditional metrics like sales or ROI. Embracing transparency in disclosing CEO and CFO compensations aligns with evolving global corporate governance practices. Advocating for transparency in executive payment policies fosters confidence and accountability in our corporations. Let's continue promoting transparency for a more responsible corporate landscape. #CEOs #CFOs #ExecutiveCompensation #CorporateGovernance #Transparency #SeniorExecutives #LeadershipTips #NominationRemunerationCommittee #NRC

Industries across the world are facing major labor shortages at every level of the organization. How can you address the situation?   📊  In this perspective, I am happy to share with you the latest PWC report, highlighting the 3 approaches to overcome labor shortage:   1️⃣ Upskill:     Enhance the current skills of your team to meet new demands. 2️⃣ Reskill:      Train employees for different roles within your organization. 3️⃣ Hire:           Bring in new talent with the necessary skills and fresh perspectives.   These strategies can help organizations build resilience and adapt to changing market needs. I encourage you to explore the full report for comprehensive insights.   💬  Don’t forget to share your thoughts in the comments.   #Leadership #TalentManagement #HR #BusinessStrategy #Upskilling #Reskilling #Hiring     https://lnkd.in/eYT9XGta