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The New Paradigm in the Executive Suite
The Problem … Or Symptoms of the Problem? “… The average CFO tenure today is less than  30 months …” “ 1 in 7 CEOs  will turnover in 2006.” “ CFO turnover doubled in 2006 , likely to reach 2,500 terminations.” “ April ‘07 brought earnings season…and another 18% jump in CFO turnover vs April ‘06.” Liberum Research
The Problem … ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Traditional Job Description Addresses the Symptoms ,[object Object],[object Object],[object Object],[object Object],As we think about the reasons, perhaps it’s the job specs that have traditionally been used to fulfill senior management positions, where one functional position has a Big S displayed across his or her chest.
Business Lifecycle Requires Evolving Capacity and Capabilities LAUNCH Revenues $0 $X.0 Billion Emerging Growth Interim Controller Interim CFO IT Strategy CFO Search CIO Search SOX & Internal Audit ERP Program Mgmt Merger & Integration Services Restatements CFO Search Restructuring Leadership Capabilities
Performance Gap Results from a Variance in Required and Possessed Capabilities Executive Start Date Performance Requirements Executive End Date Performance Gap: Resulting in No Operational Leadership, Process/Functional Deficiencies and Vacancy Required Capabilities Capabilities Possessed Over time, the gap between the skill-set and expertise possessed by the executive, and that required by the prospect continues to grow as the organization undergoes transition.  That performance gap results in lack of operational leadership, and process deficiencies.  Ultimately, it often results in the executive being asked to leave, or leaving on own accord… a vacancy.  That further exacerbates the problem of “no leadership”, and “deficiencies”.
Performance Gap Repeats During Business Lifecycle Executive Start Date Performance Requirements Executive End Date Executive Start Date Executive End Date Executive Start Date Executive End Date Throughout the lifecycle of a business, this cycle repeats itself, in many cases meaning the “ideal” fit in the previous cycle presents a performance gap in a future cycle.
Executive Services: Closing the Performance Gap Performance Gap No Leadership Deficiencies Vacancy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Tatum Executive Rapid Integration of Interim Operational Leadership Tatum Consulting Objectively Identify and Remediate Process and Functional Deficiencies Tatum Talent Parallel Execution of Prescriptive Search Three Interdependent Elements Timeline NOW PERFORMANCE GAP CLOSED EXECUTIVE SERVICES Mobilize and Align the Capacity and Capabilities to Your Business Lifecycle
Tatum’s Unique Blend of Talent and Services FINANCE, ACCOUNTING & TECHNOLOGY PROFESSIONAL SERVICES EXECUTIVE RECRUITMENT INTERIM / ON-DEMAND STAFFING ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: Baird
Tatum: A Heritage of Creating More Value ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Tatum: National Footprint
Client Value Study: PowerDirect ,[object Object],[object Object],[object Object],[object Object],“ We have really made  major progress and we attribute an awful lot of that to Tatum.” Sue Sampson Co-owner and Vice President of Marketing
Client Value Study: PowerDirect BEFORE TATUM TATUM SERVICES WITH TATUM Desire for veteran, CFO-quality financial leadership within budget and timing constraints Tatum CFO Services Tatum provides part-time financial expertise and strategic leadership to quickly help manage current situation and plan for growth Absence of accounting and financial reporting acumen reduces management’s ability to take on strategic initiatives while managing daily operations Tatum Controller Services Tatum establishes and oversees controller function to manage effective financial operations, freeing management to focus on growth strategies Need for strategic guidance to help focus fast-growing company on new opportunities Tatum Consulting Tatum establishes ongoing routines and systems for strategic review, leading to introduction of new product and organizational breakthroughs “ We have really made major progress, and I attribute an awful lot of that to Tatum.” Sue Sampson, Co-owner and Vice President of Marketing
The New Paradigm in the Executive Suite

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Recru Ovrvw Pb (Edited For Online)

  • 1. The New Paradigm in the Executive Suite
  • 2. The Problem … Or Symptoms of the Problem? “… The average CFO tenure today is less than 30 months …” “ 1 in 7 CEOs will turnover in 2006.” “ CFO turnover doubled in 2006 , likely to reach 2,500 terminations.” “ April ‘07 brought earnings season…and another 18% jump in CFO turnover vs April ‘06.” Liberum Research
  • 3.
  • 4.
  • 5. Business Lifecycle Requires Evolving Capacity and Capabilities LAUNCH Revenues $0 $X.0 Billion Emerging Growth Interim Controller Interim CFO IT Strategy CFO Search CIO Search SOX & Internal Audit ERP Program Mgmt Merger & Integration Services Restatements CFO Search Restructuring Leadership Capabilities
  • 6. Performance Gap Results from a Variance in Required and Possessed Capabilities Executive Start Date Performance Requirements Executive End Date Performance Gap: Resulting in No Operational Leadership, Process/Functional Deficiencies and Vacancy Required Capabilities Capabilities Possessed Over time, the gap between the skill-set and expertise possessed by the executive, and that required by the prospect continues to grow as the organization undergoes transition. That performance gap results in lack of operational leadership, and process deficiencies. Ultimately, it often results in the executive being asked to leave, or leaving on own accord… a vacancy. That further exacerbates the problem of “no leadership”, and “deficiencies”.
  • 7. Performance Gap Repeats During Business Lifecycle Executive Start Date Performance Requirements Executive End Date Executive Start Date Executive End Date Executive Start Date Executive End Date Throughout the lifecycle of a business, this cycle repeats itself, in many cases meaning the “ideal” fit in the previous cycle presents a performance gap in a future cycle.
  • 8.
  • 9.
  • 10.
  • 12.
  • 13. Client Value Study: PowerDirect BEFORE TATUM TATUM SERVICES WITH TATUM Desire for veteran, CFO-quality financial leadership within budget and timing constraints Tatum CFO Services Tatum provides part-time financial expertise and strategic leadership to quickly help manage current situation and plan for growth Absence of accounting and financial reporting acumen reduces management’s ability to take on strategic initiatives while managing daily operations Tatum Controller Services Tatum establishes and oversees controller function to manage effective financial operations, freeing management to focus on growth strategies Need for strategic guidance to help focus fast-growing company on new opportunities Tatum Consulting Tatum establishes ongoing routines and systems for strategic review, leading to introduction of new product and organizational breakthroughs “ We have really made major progress, and I attribute an awful lot of that to Tatum.” Sue Sampson, Co-owner and Vice President of Marketing
  • 14. The New Paradigm in the Executive Suite