How can you, as your company’s CFO, best tackle the unpredictable economic factors such as, higher taxes, ever changing regulations, on-boarding costs and best ways to preserve your most valuable asset, your employees?

1. CFOs: What Employee Reward Based Programs mean to you.
I recently attended a conference hosted by Proformative™, a CFO dedicated organization held in NYC. No, I am not a
CFO myself and some have suggested I have friends in “interesting” places.
What I found “interesting” was what I was able to learn first hand. Being a CFO presents the same challenges
irrespective of any industry.
How can you, as your company’s CFO, best tackle the unpredictable economic factors such as, higher taxes, ever
changing regulations, on-boarding costs and best ways to preserve your most valuable asset, your employees?
boarding
You, as CFO, are now being asked to take on responsibilities outside your standard role. Be the agent of change.
Become your company’s growth guru. So what can you do to drive growth?
According to many business analysts, CEO’s, CFOs and management consulting firms such as Convergency Partners.
Your first key is to understand the importance of combining your leadership acumen. As a leader, you need to
.
determine how to bring the full power of your organization’s culture together. How to guide, shape and transform
organization’s
your people's behavior to succeed -- even in today's volatile and unpredictable environment.
Being a CFO may very well mean becoming your company’s product quality expert, sales growth director,
controller of health care costs and chief business strategist.
Key metrics and growth indicators are expanding to include investments in ROI technology, and how employee
empowerment, recognition and engageme can cut costs and drive growth.
engagement
Having a well designed, balanced employee based rewards program with top down recognition has shown itself to
be a vital component toward cutting costs and improving overall company performance. Incentive programs engage
mponent
and motivate while producing measurable progress, ROI.
Although many CFOs, are still not fully comfortable with engagement in human resources or sales, many a to
are,
their company’s benefit stepping up to the plate and even going along on sales calls.
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-228-5136 :: info@taico.com
© 2012 Taico® Incentive Services Inc.

2. Even going along on sales calls!
Incentive recognition and rewards can include: loyalty programs, an employee appreciation day, recognition and
rewards for staff ideas that benefit your organization, a plethora of employee recognition programs or any other
criteria you may want to recognize.
HR and Sales Manages have known for a long time the value of engagement, motivation and how implementation
engagement,
of a well-designed, balanced incentive program can provide great support toward company costs and growth.
designed,
CFOs of hospital and medical organizations are implementing incentives to improve nurse retention rates, pe
personnel
performance and patient experience. Download our free ebook on one such hospital CASE STUDY. Also enclosed in
this ebook is a detailed STEP BY STEP GUIDE on the best performance criteria and a simple approach to create a
successful recognition and rewards program within your organization.
I came across an insightful comment that appeared in CFO magazine given by Leigh Branham, a leading expert on
employee retention and engagement. “I have a friend, who is a CEO, and he says that all of his CEO buddies are high
high-
fiving each other because the war for talent is over and employees are tree hugging their jobs.” Branham however
goes on to say: “Personally, I don’t think there’s a lot to celebrate. It just disguises disengagement
disengagement.”
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Taico® :: 67 Patterson Village Ct., Bldg F :: Patterson, NY 12563 :: 845-228-GIFT (4438) :: fax: 845-
-228-5136 :: info@taico.com
© 2012 Taico® Incentive Services Inc.