Default cover
Maureen O'Connell

From: New York, United States

Maureen O'Connell was the Exec V. P ., Chief Administrative Officer and Chief Financial Officer of the company. In this role, O’Connell directed all administrative functions, including Finance, Global Operations, Scholastic Technology Services, Human Resources, and Strategic Planning and Business Development. She was reporting to Richard Robinson, Scholastic Chairman, President and CEO.

Maureen O’Connell joined Scholastic in January 2007 bringing her strong background in finance and operations primarily in the publishing and direct marketing businesses to the global children’s publishing, education, and media company. Since joining the Company, Maureen O’Connell continues to be a key partner with all business units to better align support functions while enhancing visibility to operating trends and leading business indicators. She improved company-wide budgeting, forecasting and capital allocation processes and led the development of pricing strategy across the business units. She also centralized all logistics, purchasing and manufacturing activities across the company, improved the Scholastic distribution centers’ turn times and reduced inventory. O’Connell has been instrumental in strategically retiring some legacy systems while investing in new technology that can best serve the Company’s transition to the increasingly important digital publishing, marketing and distribution of children’s books and educational materials.

From 2000 to 2002, Maureen O’Connell served as CFO of Barnes & Noble before joining Gartner Inc., a leading technology research and advisory firm, where as CFO/CAO, she was responsible for global administrative and financial functions and later as President and COO she oversaw all business performance, including sales, marketing and operations. Just prior to joining Scholastic, O’Connell was CFO of Affinion Group, Inc., a direct marketing firm.

Prior to this, Maureen O’Connell began her career in public accounting and moved to publishing as Director of Accounting at Primedia. She soon became the head of finance with operating responsibilities at Newfield Publications, a subsidiary which included the Weekly Reader continuity business and later became CFO of subsidiary Newbridge Communications, which ran professional book clubs, including teacher clubs and supplemental educational publishing. After eight years, she moved to Bertelsmann Music Group in the direct marketing area. She later became CFO of Publishers Clearing House.

Maureen O’Connell holds a B.S. in Accounting and Economics from New York University and her interests include Running, Skiing, Scuba Diving or Traveling. Read more of her blogs and thoughts at http://oomscholasticblog.com/author/maureen-oconnell and http://www.slideshare.net/MaureenOConnell

According to Bank Of America Merrill Lynch, about 54% of large-cap Mutual-fund managers are beating their benchmarks in 2017 just as they did around the financial crisis of 2007.

Embedded image
Stocks are behaving in a way not seen since the tech bubble
http://www.businessinsider.com
Be the first one to like this!

When building your next Leadership team it is important to know if they are on the same page as you. Here are some important questions to ask them:

Embedded image
6 Questions Great Leaders Ask Their Teams
https://www.forbes.com
Be the first one to like this!

Identifying Cyber Threats and solutions is a big area of focus. Here is a detailed analysis of the collaborative steps taken both by the private groups and the government to protect critical infrastructure from cyber malfeasance:

Toward Cybersecurity Without Trade Protectionism
https://www.forbes.com
Be the first one to like this!

A major breakthrough in cryptography called “zero-knowledge proof”, is a step towards keeping transaction data private in Wall street. Here is how it brings more security:

Embedded image
'Mind-Boggling' Math Could Make Blockchain Work for Wall Street
https://www.bloomberg.com
Be the first one to like this!

Credit Card Debt can be daunting. Here is an article which talks about financial mistakes one could avoid when paying down their credit card debt:

Embedded image
The Top 5 Mistakes People Make When Paying Off Debt
https://www.forbes.com
Be the first one to like this!

The Energy Forecaster IEA's report highlights renewable energy emerging as a major global force capturing markets from fossil fuel producers.

Embedded image
The era of expensive renewables is over and that's more bad news for fossil fuel producers
http://www.businessinsider.com
Be the first one to like this!

Global Startup Accelerator Report suggests that less than 33% of accelerators predict their ability to generate revenue from exits and most of them are now into selling services to generate ongoing revenue.

Embedded image
Startup Accelerators Aren't Banking on Exits Any More
https://www.entrepreneur.com
Be the first one to like this!

Senior leaders, more than others, have a constant need to keep up with the changing times and improve themselves. Here are 4 ways to help you move forward successfully:

Embedded image
4 Things Every CEO Needs to Focus on Daily
https://www.entrepreneur.com
Be the first one to like this!

Money management can be tricky for first-time Entrepreneurs. Here is an article with some good tips.

Embedded image
6 Money Management Tips for First-Time Entrepreneurs
https://www.entrepreneur.com
Be the first one to like this!

An interesting insight into why powerful megacities might not be able to keep pace with digital advances and could be a threat to their old business models:

Embedded image
Megacities are synonymous with economic growth but the real question is can they survive the digital age
http://www.businessinsider.com
Be the first one to like this!

With more and more remote employees today, Cultural fit could often get overlooked, but it is equally important for them.

Embedded image
With These 4 Tips, Your Remote Team Can Participate in Your Hiring Decisions
https://www.entrepreneur.com
Be the first one to like this!

This article talks about some glaring issues on the lacuna between the pension liabilities and lack of funding for the same.

Embedded image
Americans don't grasp the magnitude of the looming pension tsunami that may hit us within 10 years
http://www.businessinsider.com
Be the first one to like this!

Great to see VC's investing more in Women Entrepreneurs! Here is a good article about #BuiltByGirls and their mission.

Embedded image
Why Is This VC Firm Doubling Down on Women Entrepreneurs? Because It's Good for Business.
https://www.entrepreneur.com
Be the first one to like this!

As per a research conducted by Gallup, the “opportunity to learn and grow” tops the list of factors Millennials look for in a job. Here is an article with more such insights about the Millenial Workforce.

Embedded image
Millennials and Their Employers Want the Same Thing. They Just Don't Know it Yet.
https://www.entrepreneur.com
Be the first one to like this!

Empowering Finance Teams can be really important for small businesses and fast-growing start-ups as well. Here is a good article on the same:

Embedded image
How Startups And Small Business Could Empower Their Finance Teams
https://www.forbes.com
Be the first one to like this!

The Euro has surged more than 13% against the Dollar this year. Some might think that this will worry the European Central Bank, but Economists think that Faster economic expansion will likely help offset Euro rally's effect on price growth.

Embedded image
ECB Worried About the Euro? Economists Say 'Not So Much'
https://www.bloomberg.com
Be the first one to like this!

The IRS will begin a new way of auditing for Partnerships starting in the 2018 tax year. If you are a Business owner with a Partnership or LLC, here is a good article to help you prepare for next tax year.

Embedded image
How to Prepare Your Business Partnership for New Rules for IRS Audits
https://www.entrepreneur.com
Be the first one to like this!

Federal Reserve Policy Makers find that a quirk in the price data may hold back inflation in the coming months. More here:

Embedded image
U.S. Data Quirk May Hold Back Inflation in the Coming Months
https://www.bloomberg.com
Be the first one to like this!

#Funding is one of the most critical issues Entrepreneur's face and Bootstrapping is not the preferred solution for most. Here is an article which has some good tips if you are thinking of Bootstrapping your startup.

Embedded image
5 Quick Bootstrapping Tips for Entrepreneurs
https://www.entrepreneur.com
Be the first one to like this!

Improving #Productivity is a constant challenge and we often try new things to see what works for us. Here is an article which lists ways to work smart and improve productivity.

Embedded image
15 ways to work smarter - instead of just working more
http://www.businessinsider.com
Be the first one to like this!