Five executive recruiters who specialize in CFO searches discuss how the pandemic could alter recruiting and hiring over the long term, and how the crisis may permanently reshape the market for finance leaders long after the COVID-19 crisis passes.
Alex (Sandy) Pentland, faculty director and founder of MIT Connection Science, discusses why leaders must pay closer attention to context when leading virtual teams in the absence of traditional visual and auditory cues. With decades of experience studying virtual leadership and virtual teams, he also explains what leaders can do to be effective in the remote work environment.
CEOs see big changes ahead for workforces and workplaces in a post-pandemic economy, according to a recent survey by Fortune magazine and Deloitte’s Chief Executive Program. A majority also say they are watching for new opportunities and have increased spending on employee safety and IT initiatives.
Deloitte’s Chief Global Economist Ira Kalish discusses the importance of the new round of fiscal stimulus being debated in Congress to prevent a worsening of the U.S. downturn. He also analyzes the resurgent U.S. housing market, digs into China’s return to economic growth, and looks at China’s attempts to entice foreign investment.
Expanded economic direction and increased monitoring activities by the central government since the COVID-19 outbreak are changing the business environment in China. Understanding these shifts, including policymakers’ new priorities and structural changes to Chinese manufacturing capacity and supply chains, can help CFOs of multinationals operating in China assess new risks and opportunities, and adapt their business models to the evolving business landscape.
As CFOs prepare for the annual planning process during a pandemic, they can consider strategies to help mitigate uncertainty and yield a more useful and flexible financial plan, as outlined in the first of a two-part series.
