Lead on Purpose

JULY 10, 2009

Too often we leave the worries and cares about money to the CFO’s office. Of the three P’s listed above, the one that typically receives the least focus by product managers is profits (or perhaps more clearly stated, revenue ).

Succession 133

Succession CFO Ethics Taylorism 133

Roundtable Talk

OCTOBER 12, 2010

And, I had to wonder, how motivating did Colleen Johnston, CFO, TD Bank Financial Group find that comment? Share this: This entry was posted in Leadership , Authenticity and tagged Ed Clark CEO TD Bank , Colleen Johnston CFO TD Bank Financial , walking the talk , lack of authenticity , womens advancement. Happy leading!

CFO 54

CFO Banking Belief Systems Godin 54

Tanveer Naseer

JULY 12, 2016

The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron. Not unlike the destruction of trust brought about by megalomaniacal divas is the damage that Wall Street banks can cause to companies, or to the economy in general, as in the 2008 meltdown.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Roundtable Talk

MARCH 12, 2010

The CFO, who is the named successor for the Prez, is Ricardo’s #1 detractor. And so here’s my cautionary point of this post… when Ricardo’s supportive boss swans off into retirement, who’s gonna have dear Ricardo’s back?

Career 34

Career CFO Blog Godin 34

Harvard Business Review

MARCH 2, 2017

One CFO I know managed finance for a spin-off firm when it went public and then returned to the parent company in a corporate position. Another CFO led finance for multiple units so he could gain a breadth of knowledge across the business before becoming the corporate CFO.

CFO 8

CFO How To CIO Finance 8

Harvard Business Review

OCTOBER 26, 2011

As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key. CFO Tim Olson of ThedaCare , a healthcare system in Wisconsin, went through a similar conversion. Then I became an advocate. Now I know that.".

Finance 11

Finance CFO Budgeting Operations 11

Harvard Business Review

MAY 8, 2014

And crisis it was in 2008, the same year the U.S. But when it did, they were able to loan MBH a combined $1 million during the firm’s liquidity crisis in December 2008. To use a different company example, one growing financial services firm’s new CFO learned this in 2004. The CFO couldn’t understand why. firm in 1989.

Crisis 8

Crisis CFO GAAP Banking 8

Harvard Business Review

APRIL 18, 2014

BlueArc was venture-funded, but in 2008 VC money was getting hard to find. BlueArc’s CFO, Rick Martig, and other executives gathered market data to support the investment in the mid-tier data storage product. Martig was a seasoned CFO with years of forecasting experience in technology firms. Forecasting acumen.

CFO 8

CFO Venture Funding IPO Retail 8

Harvard Business Review

AUGUST 22, 2018

Water, no ice, please,” said Noelle Freeman, the CFO of Franklin Climate Systems. As CFO, Noelle was, of course, concerned about the numbers. FB Holdings had made it through the financial crisis of 2008 without losing money—but the climate control systems divisions, a Tier 1 automotive supplier, had not fared as well.

Case Study 13

Case Study CFO Bottom-up Operations 13

Harvard Business Review

JANUARY 16, 2013

Volatile stock: In 2008, under Jobs, the stock price dropped by more than 50%. Executive exodus: In 2008, Tony Fadell, senior vice president of the iPod division, stepped down. In 2004, Apple's CFO, Fred Anderson, left the company. Bad quality control: MobileMe, antenna-gate. No iPad mini at all.

Marketing 11

Marketing Stage-Gate Advertising Price 11

Harvard Business Review

JANUARY 9, 2013

But his bigger argument goes something like this: If Spitzer hadn't forced him out, he would have still been running the company in 2008, and it wouldn't have gotten into nearly the trouble that it did. Anything they spot is reported directly, in writing, to Greenberg and a few other executives, including CFO Howard Smith.

Insurance 8

Insurance Long-term Short-term CFO 8

Harvard Business Review

FEBRUARY 18, 2011

At Hartwell Pacific, the global metal recycling company I founded in 1993 and exited in 2008, I was operating factories in six different cities in four countries, so developing an effective global management system was critical. One of the biggest challenges they face is how to manage a diverse group of people across a broad geographic scope.

P&L 15

P&L Globalization CFO Operations 15

Women on Business

JANUARY 25, 2011

It’s not rocket science, but it is surprising how many CFO’s and managers don’t stop to evaluate the effectiveness of their meetings. Assign tasks and ask if there are questions. Wrap up the meeting with a summary of accomplishments and next steps action items.

Press Release 140

Press Release Discount PR Magazine 140

Harvard Business Review

JANUARY 30, 2013

billion bond issue just before the debt-market meltdown of autumn 2008. billion in bonds the year before). Suria was wrong about that. In fact, Amazon retired the last of the $1.25 Nice timing, huh? Clayton Christensen has long complained that standard financial metrics can be enemies of innovation and growth. Nobody complains.

Training 10

Training Bond Christensen Long-term 10

Harvard Business Review

DECEMBER 18, 2018

That was in 2008. “I’m not sure when I first asked if I thought it would be successful,” said Hickox, now CFO of Independent Bank in McKinney Texas. I’m going to push more responsibility onto them, which should help them develop faster. I believe it’s going to work,’” Axelrod said.

Banking 15

Banking Conference CEO Bottom-up 15

Chart Your Course

SEPTEMBER 6, 2017

Why Your CEO and CFO Should Care About Employee Engagement TLNT, 2013. North America Sees Lowest Levels of Employee Engagement since 2008 Canadian HR Reporter, May 2013. Three Ways to Actually Engage Your Employees HBR Blog Network, June 2014. Thirteen Signs of a Disengaged Employee (Infographic) Entrepreneur, June 2014.

Article 100

Article CFO Magazine Library 100

Harvard Business Review

MAY 23, 2018

Recall that Nokia dominated the mobile and smartphone markets in 2007-2008 when Apple launched the iPhone and Google the Android operating system. As part of this research, we conducted 120 interviews, including nine with board members and 19 with top managers.

Strategy 8

Strategy Analysis Operations CFO 8

Harvard Business Review

OCTOBER 30, 2017

So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation. Comstock is out.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

MAY 14, 2015

As you can see, the company ramped up its buyback activity during the internet boom of the late 1990s and then again in the years preceding the financial crisis of late 2008 and 2009. The chart below tracks McDonald’s distributions to shareholders from 1979. The winners.

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

MAY 23, 2012

But according to Dina Dublon, former CFO at JPMorgan Chase and currently HBS professor of management practice, the empowerment and deployment of embedded risk managers was part of formal risk management at the bank well before the financial crisis.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

JUNE 22, 2012

When Paul Bulcke was appointed CEO of global food giant Nestle in 2008, he put the issue of women and gender at the top of his Executive Committee's agenda. I first met Nestle in 2008, shortly after Bulcke came on board. At the corporate level, the group CFO is a woman. Is Bulcke happy with the progress made? "I

Leadership Pipeline 10

Leadership Pipeline CFO Committee Globalization 10

Harvard Business Review

MAY 25, 2011

In a 2008 article in The Guardian , he wrote: Begin by reducing your talk to, let's say, 20 bullet-points.Write out your points in order. One CFO showed up for his coaching session at my company with his presentation written out in full sentences. Now find an image that captures each point.

Gordon 15

Gordon Letter Audience CFO 15

Harvard Business Review

MAY 17, 2017

Andrew Fastow, the former CFO, was sentenced to six years in prison. Admittedly, guilt culture showed little enthusiasm for criminally sanctioning executives involved in the 2008 banking crisis. Former president and CEO Jeffrey Skilling appealed to shorten his 24-year sentence. financial crisis.

Reputation 8

Reputation Crisis Loyalty Banking 8

Harvard Business Review

JUNE 21, 2016

You used to be able to track everything with an Excel spreadsheet, personally designed by your CFO; now you’ve got an SAP installation in its place, supported by an entire IT department. It feels horrible: You’re scaling up aggressively and working harder than ever, but with each passing day you feel more overwhelmed.

Company 10

Company IPO Price Loyalty 10

Harvard Business Review

JANUARY 24, 2013

The apparition of 2008 returns once more. The company Chief Risk Officer ( Barry Zubrow , until January 2012) and the CFO ( Doug Braunstein, since replaced ) bore significant responsibility for the inadequacies of the risk and finance functions inside CIO — and for the failures of firm-wide risk and finance to spot trouble.

Report 8

Report CIO Crisis Committee 8