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Wayne Banks

CFO Advisory Director

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Do you trust the data & reports from the big analysts?

Strategy & Architecture

Yes

Sometimes

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111.2k views126 Upvotes59 Comments

What are the most common uses of Virtual/Augmented Reality in your company?

Augmented & Virtual Reality (AR/VR)

Skills training

Accident prevention training

Product design

Building information modeling

Tool for customer-facing staff

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10.5k views3 Upvotes2 Comments

How many direct reports away from the CEO is the senior-most security executive?

Security & GRC Team & Organizational Design

Direct report

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12.6k views3 Upvotes6 Comments

What are organizations using for annual employee performance evaluations and tracking leadership development progress?

Human Resources (HRIS)

Commercial SaaS Offering - Please provide details if possible

Internally Developed

Other - Please provide details if possible

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31.2k views17 Upvotes53 Comments

Do you believe cryptocurrency should be regulated?

Cryptocurrency & Bitcoin

Yes

8.8k views3 Upvotes2 Comments

How large is your department?

Team & Organizational Design

< 5 individuals

6-10 individuals

11-20 individuals

> 20 individuals

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8.9k views1 Upvote

What is your favorite browser?

Applications & Platforms Productivity Tools

Google Chrome

Mozilla Firefox

Safari

IE (Edge)

Other (write a comment)

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10.7k views7 Upvotes33 Comments

What feels like the most difficult part of starting a company?

Culture & Values

Raising funds

A good idea

A good team

High probability it fails

Other (please comment)

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8.5k views4 Upvotes11 Comments

Do you have remote employees on your team?

Talent Management & Performance

Yes

131.9k views209 Upvotes64 Comments

What do you prioritize the most in a job?

People & Leadership Process Management Talent Management & Performance+2 more

Benefits (healthcare, paid time off, etc.)

Hours flexibility

Location flexibility

Salary/income

Work-life balance

Workplace culture

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10k views3 Upvotes12 Comments

How is your organisation funding the Energy Transition? eg Internally, externally, changing suppliers, moving more systems into the cloud, asking suppliers for supply chain details re ESG?

People & Leadership

Wayne BanksCFO Advisory Director in Softwarea year ago

At this stage, we are not making any significant investments in Energy Transition as our focus is to transition the business from legacy products to cutting age technologies. We are also moving from capital intensive projects ...read more

543 views1 Comment

Is a four-day workweek feasible for Finance or IT teams?

Peer Insights People & Leadership Process Management+1 more

Wayne BanksCFO Advisory Director in Softwarea year ago

Until 4 days are widely adopted I don’t think it will work. However for decades there have been major economies in the Middle East that work Sunday to Thursday with Friday and Saturday off

I think initially business ...read more

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1.3k views2 Upvotes5 Comments

How important is the relationship between Sales and Finance?

Relationship Management People & Leadership

Wayne BanksCFO Advisory Director in Softwarea year ago

Sales department is about near-term focus on new business. As this relates to Revenue, a probable pipeline has all sorts of impacts on finance – forecasts, meeting budgets, cashflow management and profitability analysis. ...read more

1 1 Reply

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1.1k views3 Upvotes6 Comments

How do you keep tabs on what's happening in adjacent industries and evaluate if it's relevant for your business to adopt?

Disruptive & Emerging Technologies Peer Insights Strategy & Architecture

Wayne BanksCFO Advisory Director in Softwarea year ago

Broad networking. Use of outside firms that deal across industries.
Research firms such as Gartner

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3.5k views2 Upvotes2 Comments

What strategies can CFOs employ to help win the war for Gen Z talent?

Talent Sourcing & Hiring Finance

Wayne BanksCFO Advisory Director in Softwarea year ago

Offering flexibility and work-life balance is important need of the hour.
Career advancement path is something Gen Z looks after and offering as much autonomy as possible.

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3.7k views4 Upvotes10 Comments