Michael Cikanek's Guide to Advanced Headcount Planning: Insights from an Experienced Finance Leader

Michael Cikanek's Guide to Advanced Headcount Planning: Insights from an Experienced Finance Leader

Michael Cikanek's Guide to Advanced Headcount Planning: Insights from an Experienced Finance Leader

Michael Cikanek's Guide to Advanced Headcount Planning: Insights from an Experienced Finance Leader

Oct 17, 2023 |

4 min read

4 min read

4 min read

Expert Opinion

Expert Opinion

πŸš€ In our series "Conversations about Headcount Management", Michael Cikanek, former VP Finance & Operations at Vimcar (now Shiftmove) shared some interesting details about how to steer the finances of a company with 200+ employees on its path to profitability.
πŸ₯‡A goldmine of insights for all companies currently trying to master the diverse demands of investors, markets and customers:

🌍 Navigating Macroeconomic Terrain

His secret to navigating macro-economic challenges and driving profitability? Rolling forecasts. πŸ’‘
Michael highlighted the importance of meticulous headcount planning & management as a key component of rolling forecasts focusing on efficiency KPIs and bottom-line financial metrics which help to identify profitable business segments and strengthen them. πŸ“Š

πŸ“… The Power of Realtime Data Availability

Recalling economic downturns, Michael emphasized how an updated headcount plan - with continuously updated data such as leaving dates, salary raises etc. - was indispensable during events like the global pandemic and the subsequent recession. Thus, he adds: β€œBeing up to date wasn't just about numbers; it was about timely alignment between Finance and HR” 🀝

πŸ–₯️ Tech as the Game-Changer

Lastly, when asked how to achieve realtime data availability, Michael underlined the importance of using software like Cartha. β€œBy enabling live collaboration across functions and roles such as FP&A managers, budget managers and recruiters, platforms like Cartha ensure real-time, and transparent workforce costs.”

πŸŽ‰ We're grateful to you, Michael for sharing incredible knowledge nuggets with us and hope it sparks meaningful conversations in the comments! πŸ’¬βœ¨
Share your thoughts belowπŸ‘‡ and let us know what else you'd like us to cover in this series.

All your people data in one place

Cartha's integration capabilities and use cases

All your people data in one place

Cartha's integration capabilities and use cases

All your people data in one place

Cartha's integration capabilities and use cases