During the first quarter of 2021, our CFO & CHRO Alliance peer discussions were focused on growth strategies and how to drive top-line revenue. We uncovered a common theme: To achieve growth goals, enterprises need the right people in the right seats.
As we moved into Q2 2021, finance and HR leaders have continued to share their concerns about whether or not their new managers are equipped to step up into first-time leadership roles, especially as businesses move toward post-pandemic new norms. It became clear that we needed to turn to our peer community to gather best practices and share them with others.
25 CFO and CHROs, as well as noted business author Ram Charan, volunteered to write a comprehensive best practice report with the main focus on leadership traits and skills, specifically insights for first-time managers and how to build a management pipeline.