Knowledge Hub

Manufacturing CFOs prioritise upskilling amidst economic uncertainty, with 33% prioritising talent development. Challenges include knowledge gaps and headcount reduction (64%). CFOs' roles are evolving, now including strategic planning and risk management. Championing upskilling is vital for resilience and adaptability. Epicor's Industry ERP Cloud portfolio aids in data-driven decision-making.

Employer branding is vital in attracting and retaining talent. By crafting a distinct identity, organisations can stand out, attract top talent aligned with their culture, and foster employee engagement and retention.

The evolving landscape of work, shaped by rapid technological advances and demographic shifts, demands adaptation. Remote work, employee well-being, skills-based hiring, digital collaboration, diversity, gig economy, and hybrid work models define the future.

Optimise recruitment timing for success: align with strategic growth, leverage seasonal trends, monitor market dynamics, sync with budget cycles, assess internal readiness, utilise technology, and maintain a continuous talent pipeline.

In the journey to becoming a Chief Financial Officer (CFO), timing is crucial. It begins with laying early career foundations in finance, advancing through mid-career roles, and seizing opportunities during strategic inflection points in one's career and organisational growth. Personal readiness, market conditions, and networking also play pivotal roles. Strategic alignment of career milestones enhances chances of success.

The "Buy-and-Build" strategy in UK private equity involves acquiring and integrating smaller firms, reshaping industries by creating synergies and efficiencies, driving growth, and fostering market dominance.