How CFOs Can Develop a Talent Strategy for Diversity and Growth
SAP Concur blog discusses CFOs' role in talent management, focusing on three key areas: weighing business costs and benefits beyond the balance sheet, considering DE&I as a contributor to financial performance, and helping employees secure physical and mental health and safety. It cites SAP data and survey findings.
Impact and considerations
For finance leaders, talent management affects productivity and financial performance, and travel and expense management policies can impact employee experience and compliance.
Key points
- CFOs should extend DE&I responsibility into finance, beyond traditional HR scope.
- Monitoring indicators beyond spending, such as employee satisfaction and reasons for staying, can guide talent strategy.
- SAP reported that flexible hybrid work increased its attractiveness as an employer to 80%, and 81% of employees maintained or improved productivity.
- 46% of employees don't bother seeking reimbursement for smaller amounts due to time and effort; 91% are more likely to book outside company policies if health, safety, and work-life balance are negatively affected.
- Intelligent T&E solutions can improve efficiency and employee experience while providing information on medical assistance and travel safety.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Aug 2023, 17:39
- Page published
- 14 Aug 2026, 08:20
- Last updated
- 29 Aug 2023, 17:39
- Original links
- SAP Concur Blog：How CFOs Can Develop a Talent Strategy for Diversity and Growth (opens in a new tab)Primary source · en · Published 29 Aug 2023, 17:39