Washington DC Labor Market Trends Toward Flexibility ... Business Leaders Not Ready for AI ... CFO's Wrestle With Implications of AI

FLX-100 Index Reveals DMV Labor Market Trends: Caution, Trust Issues, Hybrid Work, and Part-Time Opportunities — FlexProfessionals

The Washington, D.C. metropolitan area's small and medium-sized business (SMB) community is taking a cautious approach to the labor market, with most leaders emphasizing flexibility and adaptability in their hiring practices to navigate the current economic landscape, according to Gwenn Rosener , CEO and co-founder of Fairfax, Virginia-based FlexProfessionals , a recruiting and staffing agency for experienced professionals. The company has worked with over 1000 companies, placing talent for between 100 and 200 clients annually.

The company published its inaugural edition of the FLX-100 Index, a quarterly report on workforce hiring trends impacting the labor market since the COVID-19 pandemic." It's been incredible to see the changes that have unfolded in this region since the pandemic, especially when it comes to the flexible workplace," says Rosener in a podcast interview for journalists. Read on here .

73% of Business Leaders are Ill-Equipped for AI Transformation, Citing Limited Time, People, and Funds — Kearney Reports

Global consultancy Kearney, in partnership with Egon Zehnder, the leadership advisory firm, today releases a report titled Leadership in the age of AI, exploring how business leaders foresee the impact of AI on organizations and jobs, and how prepared they feel for this change.

“Interestingly, leaders believe that AI is going to disrupt their organization as a whole much more than their own day-to-day roles. Leaders can use their position to help their teams embrace the change that AI brings, and make sure their organizations are benefiting from it, rather than struggling to deal with it. Strong leadership will be vital to achieve this, as today’s report makes very clear,” said Mirko Warschun , partner and member of European leadership team at 科尔尼 . Read on here .

CFOs View AI as a Means to Drive Growth but Uncertain on Where to Begin — Coupa Reports

CFOs have had to make tough choices in the last year, and a new global CFO survey from Coupa Software finds that many are still wrestling with economic uncertainty and complexity as they look to the future. Nearly all (90%) remain concerned about hitting growth and revenue targets within the next 6-12 months – unchanged from last year – specifying that high-interest rates, rising energy prices, and supply chain disruptions are among the greatest external threats to their business. In addition, two in five CFOs (39%) say their biggest obstacle is keeping up with AI advancements as the rate of innovation outpaces human scale and traditional process efficiency.

“In today’s digital supply economy, the volume and complexity of financial data continues to grow exponentially. Without the right platform and technologies, viewing this data and extracting meaningful insights in a timely manner remains a significant challenge that can be detrimental to an organization’s performance,” said Kevin Burns , Coupa CFO.

Given the complexity of the macroeconomic climate and today’s dynamic and uncertain supplier relationships, it’s critical that CFOs embrace AI-driven analytics to respond faster to disruption, uncover opportunities, and use data and AI to increase operating leverage for their business. That’s how strategic CFOs will ensure they’re making the most informed, profitable decisions to fuel their organization’s growth amidst a continuously changing environment. Read on here .