N2Growth Blog

AUGUST 22, 2010

Trust me when I tell you that being out of touch is never a good position to find yourself in as the CEO. My advice to CEOs, regardless of whether you’re running a start-up or a Fortune 500 company, is to go see things for yourself. They will believe what they want to believe regardless of what they hear or what they observe.

Blog 401

Blog Gordon CEO Consultative 401

Tanveer Naseer

JULY 12, 2016

When a CEO becomes a household name, that CEO may well need to get his own house in order. In “ Good to Great ”, Jim Collins lamented the trend of boards that become “enamored with charismatic CEOs,” a tendency that, he concluded, was “most damaging” for “the long-term health of companies.” That’s exactly what happened at Enron.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Marshall Goldsmith

FEBRUARY 8, 2018

Frances Hesselbein – Former CEO, Girl Scouts of America and Peter Drucker Foundation. Alan Mulally – Former CEO, Ford and Boeing Commercial Aircraft. CEO Magazine – CEO of the Year. Jim Kim – 12th President, the World Bank. Non-profit CEOs. Former CEO, Covestor and CircleLending.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Roundtable Talk

OCTOBER 12, 2010

All interesting stuff, and easy to jump on a soapbox about, but, the quote that caught my eye came from Ed Clark, President & CEO of TD Bank Financial Group. So, when Clark is quoted as predicting that a woman will eventually head up a bank… in about TWENTY years time, I did a double take. And, that’s my rant for today.

CFO 54

CFO Banking Belief Systems Godin 54

Harvard Business Review

MAY 3, 2017

That the CHRO role, although at first it may look career limiting, can have more impact than any other position reporting to the CEO? We interviewed search professionals, CEOs, and CHROs with nontraditional backgrounds to find out what happens when business leaders outside of HR move into the role. That’s precisely what we found.

Quinn 13

Quinn Execution CFO Forrester 13

Harvard Business Review

OCTOBER 26, 2016

Sena Aslan, the CEO of FDM Turkey, wished the drive from the Ankara airport to the bank’s largest branch were a bit longer. Tasked with rethinking the bank’s retail approach, she’d rejected the traditional path of expanding the branches. “I can just hear Erkan saying that,” Sophie said.

Case Study 8

Case Study CEO Banking Agility 8

Harvard Business Review

NOVEMBER 18, 2013

Yet less attention is given to one of the most important determining factors of all: Whether directors who have actually served as CEOs are driving the process. If the succession and search are not driven by those who have already run another firm, the company is, in our experience, less likely to end up with a CEO who can run this one.

CEO 8

CEO Committee P&L Charan 8

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. CEO Chemistry.

CFO 8

CFO How To CIO Finance 8

Harvard Business Review

DECEMBER 18, 2018

Tesla and Space X CEO Elon Musk tweets that no one changed the world working 40 hours a week. ” In an interview, three CEOs rated as top performers by HBR said the job was 24/7 and admitted they weren’t great role models. Dimitri Otis/Getty Images. He rarely sleeps or sees his kids and had a famously public meltdown.

Banking 15

Banking Conference CEO Bottom-up 15

Harvard Business Review

JUNE 8, 2018

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. CFOs of these companies themselves admit that they cannot justify their market capitalizations based on traditional metrics.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

NOVEMBER 17, 2015

Companies that separate the roles of CEO and chairman and appoint strong outsiders to the latter position may have one advantage: they are more likely to benefit from strong governance. born BP veteran Bob Dudley as CEO. The Volkswagen debacle, just like other big crises, reminds us how expensive weak governance can be.

CFO 8

CFO Crisis Mass Marketing IPO 8

Harvard Business Review

JULY 17, 2017

Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. CEOs will need to shift their mindset now if they want to avoid their own “Kodak moment.” This focus on people is key.

Industry 12

Industry Short-term Planning Long-term 12

Harvard Business Review

MAY 8, 2014

To use a different company example, one growing financial services firm’s new CFO learned this in 2004. The financial reports his CEO showed him looked rosy: Revenue had doubled to $200 million and profits were $20 million. The CFO couldn’t understand why. But nonetheless, the company was low on cash. Cutting fast and precisely.

Crisis 8

Crisis CFO GAAP Banking 8

Harvard Business Review

JULY 29, 2014

Offutt, the CEO, had named a time when they could meet. In Sarah’s opinion, the problem was obvious: Sid Yerby, the CFO. The young and inexperienced CEO confessed that he often felt uncomfortable asking tough questions of the CFO, an industry veteran who was 10 years his senior. had grown distant. Some months back, J.P.

Case Study 9

Case Study Real Estate CFO Letter 9

Harvard Business Review

FEBRUARY 10, 2015

the movement to enhanced reporting is led by the International Integrated Reporting Council (IIRC), which is endorsed by regulatory heavy weight Mark Carney, Governor of the Bank of England. Deutsche Bank felt compelled to explain there was a good reason (in this case increased efficiency through e-learning). Outside the U.S.,

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

OCTOBER 1, 2018

The team’s historical approach to finding top talent had been simple — target graduates of top universities and MBA programs with experience at leading management consulting firms or investment banks. In reality, many of the top performers at Intuit, including the CEO and CFO, did not hold degrees from an Ivy League school.

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Power Management Diversity CFO 12

Harvard Business Review

JULY 31, 2017

Banks and lenders have predictive analytics engines that tell the lender the probability that a customer will pay them back. This makes it difficult to justify investment in change management with the rigor that a data-driven CEO or CFO might expect.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 8

Harvard Business Review

MAY 23, 2012

bank observed that his organization had "a cultural indisposition to challenge" and that the task of "being a risk and compliance manager.felt a bit like being a man in a rowing boat trying to slow down an oil tanker.". First, CEO Jamie Dimon was widely acknowledged as the "ultimate chief risk officer of the bank."

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

AUGUST 5, 2016

They had framing conversations with the CEO and CFO early on to discuss any financial or operational challenges. As with most PPAs, the contract was a critical asset for the energy developer to take, literally, to the bank to get financings. Get early buy-in. For Owens Corning, the locations matter.

Energy 8

Energy Industry Finance CFO 8

Harvard Business Review

OCTOBER 30, 2017

In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. And now Immelt is now the ex-CEO, and Trian Partners just got a seat on the GE board. So What Is a CEO to Do? Then it wasn’t. Comstock is out.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

JANUARY 24, 2013

These reports — one from a company task force and a second from a review committee of the board — were overshadowed by two items announced the same day: the related news that the bank board had slashed CEO Jamie Dimon's annual compensation in half — from $23 million in 2011 to $11.5

Report 8

Report CIO Crisis Committee 8

Harvard Business Review

JANUARY 4, 2011

it's the behavior of industrial age institutions — corporations, banks, governments — that's the invisible fist of this great crisis. In too many boardrooms, marketroids are minions, flunkies, and sidekicks, yes-men who refuse to stand up to the CEO, CFO, or board and say "No!! So here's a thought.

Organization 15

Organization Finance Senge Long-term 15

First Friday Book Synopsis

SEPTEMBER 10, 2011

On October 4, 2011, Demand: Creating What People Love Before They Know They Want It, will be published by Crown Business. Written by Adrian Slywotzky with Karl Weber. In my opinion, it is one of the most valuable and will, over time, become one of the most I influential business books ever written. It takes [.].

Slywotzky 80

Slywotzky Books CFO Banking 80

Harvard Business Review

MAY 14, 2015

This oft-heard defense of buybacks is clearly hollow: Once a CEO or CFO makes this claim, the company cannot sell the stock at a higher price for the benefit of the corporate treasury without signaling to traders that the stock is now over valued, something that no top executive would want to do. million in 2014 to a high of $12.6

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

AUGUST 31, 2015

A seasoned CFO with a sharp mind and an abrasive style, Arthur had lost his job over a disagreement with his company’s new CEO. Each time we ponder, in essence, whether senior management, banking, consulting, entrepreneurship, and statesmanship are compatible with human life. He had not seen it coming and it struck hard.

Long-term 8

Long-term Loyalty Uncertainty Banking 8

Harvard Business Review

SEPTEMBER 11, 2015

Today, many high-profile companies— Cisco , Google , IBM , Samsung , Siemens , Disney , Volkswagen and Deutsche Bank , to name a few—contain such roving consulting groups to help solve the most critical strategy and operations problems throughout the business. We call everybody within the company a “client.”

Consultative 8

Consultative Team How To McKinsey 8

Harvard Business Review

OCTOBER 22, 2013

Last year Dina, a CEO I’d been working with, felt that leaders on her team were playing it too safe. After a few tepid responses, Walter, the CFO, threw out a grenade headline: Company tries desperately to hang on to aging cash cows and antiquated ways of doing business in the flawed hope that they can maintain the status quo forever.

COO 8

COO Short-term CFO Pharmaceuticals 8

Harvard Business Review

MAY 17, 2017

For example, after the Enron scandal former CEO Kenneth Lay was convicted of fraud and conspiracy and received a 45-year sentence. Former president and CEO Jeffrey Skilling appealed to shorten his 24-year sentence. Andrew Fastow, the former CFO, was sentenced to six years in prison. financial crisis. The fraudulent €7.2

Reputation 8

Reputation Crisis Loyalty Banking 8

Harvard Business Review

DECEMBER 8, 2016

Rogier Maes, the CEO of Contect, wrapped up his year-beginning speech to all the company’s employees. Listening, Derek Melis, his friend and CFO, was relieved. ” Rogier handed the microphone over to Henning Haas, the CEO of Contect’s Germany group, and came backstage where Derek was waiting.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

MAY 26, 2017

The most common type of email attack is phishing, fraudulent emails purporting to be from a potentially relevant entity such as a shipping firm, major bank, or tax authority. Before you can mitigate your organization’s security risks, it’s important to understand how email gets companies in trouble.

Supply Chain 8

Supply Chain System CFO Operations 8