Gray-haired late-night fans may remember when David Letterman sought to ingratiate himself with his network’s new owner, General Electric Corp., by hand-delivering a bowl of fruit to GE’s executive brass.
Nearly 20 years later, Simone Nardi became a benefactor of GE’s media aspirations when he traded a senior manager position on GE’s audit team for a unit CFO role inside GE’s plus-size media holdings enterprise, NBCUniversal.Read More
“While a member of GE’s audit team, I had had the opportunity to work with the head of GE’s audit staff, so when she was named CFO of NBCUniversal, she called me when she had an opening there,” recalls Nardi, while referring to GE colleague Lynn Calpeter, who stepped into the CFO role at NBCUniversal in 2003 and then later returned to GE in 2011 upon the sale of the company to Comcast.
That very same year, Nardi was able to take advantage of a new CFO opportunity that surfaced inside NBCUniversal Networks International’s TV Production business, which allowed the unit CFO to open his first post-GE career chapter without having to change jobs.
In the years that followed, Nardi tells us, he stepped into CFO roles at a number of different companies, one of which (fuboTV) he helped to take public.
Still, few chapters have been as formative for the finance leader as his years at GE, which seemed to achieve a familiar rhythm over time.
Says Nardi: “The approach involved different businesses, different projects, and different teams globally. We’d connect locally, map out the project, deliver it, and go on to the next one.” –Jack Sweeney
“Finance is so much more than a back-office function. A new CFO must gather as much experience and insight as possible across every aspect of a business. These relationships and this intelligence will power better decision-making, create stronger integration, and motivate the drive necessary to fulfill a company’s vision. –Simone Nardi, CFO, G-P
Made Possible By
CFOTL: Tell us about G-P … what does this company do, and what are its offerings today?
Nardi: In summary, our tagline is, “G-P democratizes access to opportunities.” What does this mean? We provide global expansion and employment technology to companies that want to increase their presence and increase and expand their workforce globally—but don’t know what to do and don’t want to go through a very expansive process. They may want to, but they just don’t know how to. But as soon as they realize that they can do it much more simply, efficiently, and effectively through G-P, they clearly start to come to us.Read More
G-P is actually the pioneer and recognized leader in this global employment industry through our platform EOR, or Employer of Record. Starting back around 2012, we basically began creating this industry that more recently during the COVID years has started to become more and more relevant as employees and employers realized the potential for working remotely on a global basis, without the need for people having to sit next to each other at their desks in the same office space.
With our international EOR, G-P delivers a full-stack platform of services from an HCM standpoint that provides three measurable benefits to our customer. One is the speed to execution. If a U.S. company wants to hire a person in Italy or Australia or Japan, they come to us in a matter of days. We can bring their employee identity on board. We actually hire the employee on behalf of the customer, but adequately, concretely, an employee works for the customer. So, we provide that speed of execution so that the company doesn’t need to set up their own entity, open bank accounts, get their CFO to sign all of the necessary documents, and get a payroll registration number in some countries, all to ultimately hire the person only to then have to figure out what is needed to manage a global workforce in each one of these countries. We provide that quick, out-of-the-book, off-the-shelf solution.
Our platform also serves as a single pane of glass that can serve as a window to allow the global employees of a company, as well as the firm itself, to analyze and understand each other and to connect with one another on a global basis through one solution—without having to figure out every different solution in every single location.
We also have extensive expertise and experience in finance, legal, tax, and HR, too. We manage human capital. It’s not like just sourcing a part of a microchip or something—it’s providing the ability to hire a person without having to go through the complication and complexity that are often required in other regulatory environments. G-P takes care of all that.
My thinking is that this opportunity is so helpful and valuable that the ability to build something very material and interesting here is quite compelling.
GP | www.globalization-partners.com | Boston , MA