Finance and accounting issues are always "top of mind" for MFM member financial professionals. But these executives are increasingly concerned with human resource issues -- recruiting, retaining, managing and motivating a diverse workforce that has been dramatically (and likely permanently) affected by the pandemic. Joshua Jackson of the Siegfried Group addressed these issues in a well-attended and highly-rated breakout session at the MFM Annual Conference in May. MFM President and CEO Joseph Annotti spoke with Jackson recently about his experience at the conference and the changing role of financial professionals in the media and entertainment industry.
"People are not just asking 'what' they do for a living, but 'why' they do it. Employees are asking hard questions about what they want out of their career and their lives. And this isn’t limited to just young people; the pandemic experience has affected the entire workforce," says Jackson. "That changes the dynamic of the workplace and executives need to be attuned to this fundamental shift or they risk losing peak performers." Jackson stresses that awareness and proactive action to improve leadership skills is a must for every team member -- those currently in key management positions and those that aspire to be. "This won't only affect the morale of the workplace -- whether in-office, hybrid, or remote," he cautions. "It will affect a company’s bottom line in terms of reduced turnover and happier and healthier team members."
Watch their entire conversation in the video above.
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