The data-driven CFO

Posted by: ADP on 23 February 2017 in Human Capital Management, Innovation & Technology

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In today’s era, data and technology are increasingly central to the daily operations, and growth strategies, of businesses. Artificial intelligence, machine learning and big data can all facilitate financial reporting and compliance, monitor market movements, track supply chain inefficiencies, enable smarter outsourcing, support workforce and talent management efforts, and predict future trends. When they fail, modern technologies can destroy entire businesses and their reputations: most notable are the hacks and privacy breaches that are increasingly a top worry about executives across the C-suite.Moreover, more data do not always mean better data. Flawed information can lead to catastrophic decisions or faulty models. For instance, Google’s flu tracker project was once heralded as a new era in big data, but it turned out to be seriously flawed in its disease tracking abilities compared with slower, but more accurate, data from the Centers…

ADP wurde im elften Jahr in Folge von FORTUNE als eine der weltweit am höchsten geschätzten Unternehmen gelistet

Posted by: ADP on 20 February 2017 in Non classé

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Heute hat das FORTUNE® Magazin seine Liste mit den am höchsten geschätzten Unternehmen der Welt für 2017 veröffentlicht. Diese Liste beinhaltet Unternehmen, die vergleichsweise einen sehr guten Ruf haben. Ich bin sehr stolz darauf, dass ADP bereits elf Jahre in Folge auf dieser Liste vertreten ist. Wir haben es auf Platz 1 in der Kategorie Finanzdienstleistungsindustrie im fünften Jahr in Folge geschafft, was speziell berücksichtigt, wie wir für das, was wir tun, betrachtet werden.Eine Platzierung auf dieser Liste ist eine Ehre – und ein Beweis für unser Engagement für Exzellenz und kontinuierliche Innovation in allen Bereichen, die uns ausmachen und wie wir unsere Kunden behandeln. Der Titel wurde basierend auf dem Feedback der Executives, Direktoren und Analysten von Unternehmen gegeben, die mit uns zusammenarbeiten. Die Kriterien erstrecken sich von Investementwert hin zur sozialen Verantwortung. Diese Anerkennung wäre nicht möglich ohne…

ADP Named to List of “World’s Most Admired Companies” by FORTUNE for Eleventh Year

Posted by: ADP on 17 February 2017 in ADP News, Developments, Human Capital Management, Human Resources, Innovation, Payroll, Recognition, Talent Management, Time & Labour

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Today, FORTUNE® magazine published its “World’s Most Admired Companies” list for 2017, which recognizes companies who have a strong corporate reputation among their peer set. I’m proud that ADP made the list for the eleventh year in a row. We also ranked #1 in the Financial Data Services industry category for the fifth consecutive year, which specifically considers how we are regarded for what we do.Placement on this list is an honor – and a testament to our commitment to excellence and continuous innovation throughout all aspects of who we are and how we serve our clients. It is also quite humbling, as the title is given based on feedback from executives, directors and analysts from the companies we work with, and criteria spans from investment value to social responsibility. This recognition would not be possible without the dedication of…

CFO and CEO: Business partners, or married couple?

Posted by: ADP on 16 February 2017 in Human Capital Management

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Over the last decade, there has been a profound shift in the relationship between CFO and CEO. Partly, this is because the CEO role has changed so dramatically. In the era of shareholder capitalism, with a 24/7 media cycle, CEOs have become more public facing. This means many of their duties have, over time, been shared with others in the C-suite. Enter CFOs, whose status has been on the ascent for over a decade – from bean counter to master strategist.“The role of the CFO has been undergoing change for a few years. It started in the early part of the 2000s in terms of CFOs becoming more of a consultant to the business,” says Carl Grivner, CEO of Colt, the US-based network communications company. “It has evolved now into a participant in the business and operational decisions, not just…

The human resource: From cost to asset

Posted by: ADP on 9 February 2017 in Human Capital Management, Human Resources, Multinational & Globalization

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To less-enlightened CFOs, human capital is viewed as a cost to be managed. Even after many advances in productivity, average human capital costs are, admittedly, still a major operational expense. But in the modern global economy, where ideas and digital skills – rather than physical resources – are increasingly where economic value is realized, people can  be   a company’s greatest asset. When  Apple overtook Exxon    in  2011  to   become the     world’s   most   valuable   company,   it was a   watermark    in      post-industrial capitalism. A consumer products company, whose technologies were not a fundamental need for anyone, had become more valuable than a corporation pumping the fuel on which the global economy depends. Later, multibillion dollar valuations and acquisitions of the likes of LinkedIn and WhatsApp further demonstrated the commercial…