

C-Suite Budget Scrutiny? with Colleen McCreary
5 snips Dec 3, 2024
Explore the rising pressure on HR leaders as budget scrutiny intensifies from the C-suite. Delve into strategies for transforming difficult financial conversations into opportunities for building trust. The importance of proactive communication and assuming good intent in stakeholder management takes center stage. Discover how genuine human connections enhance leadership dynamics, emphasizing the value of in-person interactions over digital ones. Join a candid discussion on the balance between accountability and transparency in decision-making.
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Budget Scrutiny
- CEOs, CFOs, and board members are increasingly scrutinizing budgets.
- People teams must demonstrate ROI and proactively address financial questions.
Stakeholder Management
- Differentiate responses based on the stakeholder (CEO, CFO, or board member).
- Proactively align with the CFO on budget and spending philosophy.
Assume Good Intent
- Assume good intent when questioned about budget decisions.
- Take ownership and proactively address concerns before being asked.