“HR Heretics” | How CPOs, CHROs, Founders, and Boards Build High Performing Companies

C-Suite Budget Scrutiny? with Colleen McCreary

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.

12:54

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Quick takeaways

Proactive communication and data-driven insights are essential for HR teams to effectively address budget scrutiny from upper management.

Building personal connections and establishing trust with financial leaders can transform the dynamics of budget discussions into collaborative opportunities.

Deep dives

Understanding Stakeholder Engagement

Engagement with various stakeholders, particularly CEOs and CFOs, is crucial for people teams facing scrutiny over budgets. To foster trust and cooperation, it's important to establish clear boundaries between the roles of board members and operational teams. By proactively communicating the budgetary needs and operational strategies, people teams can align expectations with upper management. Building strong relationships with financial leaders can help ensure that both sides are working collaboratively rather than creating an adversarial dynamic.

Intro

2min

Navigating Board Dynamics and Budget Strategy

4min

Building Trust and Transparency in Leadership

5min

The Power of Human Connection in Professional Settings

2min

Ever wonder what happens when HR leaders get real about C-suite scrutiny?

Join Kelli, Nolan and friend of the podcast, Colleen McCreary, as they spill the tea on transforming those dreaded "show me the numbers" moments into power moves. Turns out, the secret sauce isn't hiding from spreadsheets—it's owning them with style.

*Email us your questions or topics for Kelli & Nolan: hrheretics@turpentine.co

For coaching and advising inquire at https://kellidragovich.com/

HR Heretics is a podcast from Turpentine.

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KEEP UP WITH NOLAN, + KELLI ON LINKEDIN

Nolan: https://www.linkedin.com/in/nolan-church/

Kelli: https://www.linkedin.com/in/kellidragovich/

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TIMESTAMPS:

(00:00) Intro

(01:14) Increasing Scrutiny of HR budgets from CEOs, CFOs, and Board Members

(01:50) Stakeholder Management and Proactive Planning

(04:42) Assume Good Intent and Take Ownership

(06:35) Earned Trust and Common Experience

(08:05) Sponsor: Metaview

(09:12) New Roles and Re-establishing Credibility and the CFOs Perspective

(10:36) Advice and Next Steps

(12:07) Closing and Outro

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hrheretics.substack.com

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