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The demand for HR controllers is increasing: HR controlling is still a relatively young branch of HR management, but it is already indispensable. Competent employees with the right skills are needed for this branch to bring companies the optimum benefit. But why is HR controlling so essential? What does HR controlling do? HR controlling as a specialization of corporate controlling and part of personnel management focuses on

A controller is responsible for planning and controlling a company's finances and, together with the management, defines further development potential, budget savings and efficiency increases with regard to the company's goals. What is a controller? Key Facts Education Completed business studies Commercial training plus further training as a controller Hard skills Know and understand methods and instruments of controlling Analytical skills

Digitalization in controlling: Complex data preparation and automated reports in controlling Initial situation Data from accounting and other sources converge in controlling. Controlling is not possible without this data. It is at the heart of every theoretical and practical approach to controlling. Different data structures are a major challenge for controlling. The data sources are predominantly structured differently and originate from

Volatile times, rapidly changing framework conditions and increasing complexity pose new challenges for controlling. Different roles of controllers These challenges not only include the further development of controlling systems, instruments and processes, but also lead to the definition of different or new roles in the field of controlling (see illustration). The role of the controller is currently gaining in importance.

What does the new future role look like? Does the controller have to continue to develop into a "change agent" in order to meet the more diverse requirements? The role of the controllers has changed considerably in recent years. In the beginning, the:die controller was still very much characterized by accounting, cost planning and cost control. Then came the expansion

Management development measure at Stadtwerke Bielefeld using a company simulation The mood in the Executive Board team is tense, communication within the company is lagging. At the last meeting, the Chief Marketing Officer explained his concept of a consistent volume strategy through cost leadership. He was of the opinion that the company could achieve high market shares through tightly calculated prices and an aggressive communication strategy. This would allow

Definition: What is risk management? Risk management refers to all activities in dealing with a company's risks. In particular, it includes the systematic and continuous identification, assessment, control and monitoring of potential risks. Risk management is a holistic and proactive approach and is the responsibility of the company management. What is active risk management? Every risk has a cause and an effect. Cause-related

Big data is a vague term. Definitions vary and are sometimes somewhat contradictory. Essentially, however, it refers to large volumes of data that are being produced by new and better devices as digitalization progresses. If it is handled, processed and analyzed correctly, it can help companies to increase productivity.

As the proportion of energy costs in companies generally increases with a disproportionate rise in energy costs, it is only a matter of time before every company reaches a so-called "activation threshold", which provides the impetus to systematically control energy costs and optimize the energy supply, i.e. to operate energy cost management. In the current situation with the uncertain further development of the energy crisis

Competencies that you should have as a controller in addition to specialist expertise It is always very easy to demand increased skills from employees when the framework conditions change. On the one hand, companies must not overstretch the demands on the controller and constantly tie new areas of responsibility and new skills to them. On the other hand, however, companies must

How important is HR controlling in the DACH region? What challenges do HR managers see? And how widespread is data-driven HR analytics in practice? We asked almost 200 companies these and other questions in a major study, which you can now download free of charge. Find out more about the top findings for every HR team and how the status quo

Definition of risk literacy: what is it? At its core, risk literacy is about being able to assess what you know about an issue. It is therefore about being able to assess the degree of certainty of the knowledge. And, it may sound trivial, but that doesn't make it wrong: the more uncertain times are, the more important this is.