Human Capital and the Bottom Line: Learning How to Link Employees with Profit
August 26, 2010: 6:00 PM - 8:30 PM
Though employees possess enormous potential to impact a company’s bottom line, they frequently demonstrate little understanding of how to do it. Yet, companies that understand how to engage their employees around profit improvement and cash flow almost always outperform companies that don't. Come hear Laura McAdam combine her unique mix of organizational development skills and financial expertise to discuss why and how human resource professionals must be the necessary link between a company’s employees and its profitability. Indeed, although they are sometimes overlooked, these HR professionals can become vital business partners who can contribute strategically to the business’s mission and success.
450 N. Cityfront Plaza Drive
Driving Directions:Gleacher Center is located directly east of Michigan Avenue at Illinois St (going south, from Michigan Ave. turn left onto Illinois St. and right onto Cityfront Plaza Drive). Also, discounted parking is available at the AMC Theater-River East Self Parking Garage, located next to PJ Clarks and below the AMC Theater. a)When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street. b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street. To receive the disounted rate, go to the card validator at the first-floor security desk of Gleacher Center. In the garage: Insert your parking card in the validator and the new price will be automatically applied. You can also validate your parking ticket at any time between your arrival and departure from Gleacher Center. When you leave the lot, you will be charged for the discounted fee of $6.00.
6:00 PM-6:30 PM: Registration, Networking & Onsite Cash Bar
6:30 PM-8:00 PM: Program
8:00 PM-8:30 PM: Networking & Cash Bar
Laraine Spector, Rachel Patterson
In these challenging economic times, CEOs strive to maximize ROI for every dollar spent. While cash flow is an immediate concern, so, too, is profit. Companies spend from 40 to 60 percent of their total expenditures on personnel and if they want to improve their financial performance, they must effectively integrate the voices of those who can effect the greatest amount of change – their employees. Specifically, the presentation will include the following:
oHow HR can impact the bottom line on a day-to-day basis
oHow HR can help execute the strategic initiatives of the organization through alignment of employees with the strategic plan
oHow HR can improve financial performance by becoming an effective business partner
Laura McAdam (Speaker)
Founder & Principal, Profitability Now
Laura McAdam founded Profitability NOW in 2002 and has over 20 years experience as a financial professional. Dedicated to improving the profitability and cash flow of organizations, Laura focuses on organizational strategy and alignment to enhance financial performance. She utilizes a collaborative approach to identify improvement opportunities and develop executable action plans.
In her present position, Laura also facilitates development sessions at conferences and industry events. She is a frequent speaker for groups and associations seeking to enhance their financial acumen and gain a greater understanding of how to directly impact the financial performance of their organizations. Previously, she has held positions as controller, treasurer, operations manager, and auditor for a number of Chicago area companies. She earned a MA from Loyola University and a BA from Augustana College.