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

N2Growth Blog

AUGUST 22, 2010

I think you’ll find that your view of the world will change dramatically when you rely upon your own observations, as opposed to what you read in a management report, or what you hear third or fourth hand in a meeting. The arrogant CEO doesn’t value the input of line and staff management.

Blog 392

Blog Gordon CEO Consultative 392

Marshall Goldsmith

FEBRUARY 8, 2018

Jim Kim – 12th President, the World Bank. Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. President Dartmouth College.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Building Personal Strength

MAY 7, 2010

My next-door neighbor is a manager at Rackspace, so I continued reading. His Harvard classmates, who sought jobs at big consulting firms and investment banks, thought he was crazy. In 2000 he accepted a job as CFO at start-up Rackspace. It's a fast-growing company with revenues approaching $1 billion. He wasn't done learning.

CEO 90

CEO Development CFO Banking 90

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

Harvard Business Review

OCTOBER 1, 2018

Many managers want to be more inclusive. For the most part, managers are not given the right tools to overcome the challenges posed by implicit biases. But this demands a lot of cognitive energy, so over time, managers go back to their old habits. PATRIK STOLLARZ/Getty Images. But they don’t know how to get there.

Power 12

Power Management Diversity CFO 12

Mills Scofield

NOVEMBER 18, 2011

While focused on the specific need for this specific customer, we begin a broader look at the “Tissue Banking” industry and reached out to several other companies and organizations including Community Tissue Services in Dayton and the American Association of Tissue Banks.

Succession 70

Succession Industry Stage-Gate CFO 70

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. One area so far relatively untouched is change management. The combination of predictive analytics, large data sets, and the processing power of today’s computers is starting to transform change management.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 8

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes. The compliance-oriented risk manager of a failed U.K.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

MAY 13, 2013

If you are sitting in a job interview and hear the words "dotted line reporting," you have just encountered the world of matrix management. These relationships occur frequently in jobs with internal customers, like human resources generalists, facility managers, or business systems analysts in information technology.

Management 8

Management CFO Human Resources Report 8

Harvard Business Review

MAY 28, 2018

Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business. Then a new CFO joined the company: Masashi Oka, a financial industry veteran who had played a key role in transforming Mitsubishi UFJ Financial Group-owned Union Bank in the US.

Company 8

Company ROIC CFO Restructuring 8

Harvard Business Review

MARCH 2, 2017

” The management literature is overflowing with advice on becoming the boss. With transparency in succession planning becoming a priority, career management for senior executives becomes easier. You can be stronger at one of them, but you need to know how to manage both.

CFO 8

CFO How To CIO Finance 8

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. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. Traditional companies therefore rely on two strategies.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

MAY 3, 2017

Zabeen Hirji, CHRO at the Royal Bank of Canada (RBC), grew up in retail banking and operations management roles before moving into HR. “I was surprised by how much I personally enjoyed running the HR function versus taking on a CFO role,” said Reses.

Quinn 13

Quinn Execution CFO Forrester 13

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 CFO couldn’t understand why. That enabled the company to find a new lender who refinanced $25 million in bank debt. Top management must be very careful about how they downsize the organization.

Crisis 8

Crisis CFO GAAP Banking 8

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. Not surprisingly, the particular aspects of managing human capital that are most important vary by sector. Outside the U.S.,

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

DECEMBER 18, 2018

Indeed, surveys show that managers and executives describe the “ideal worker” as someone with no personal life or caregiving responsibilities. He had to sell the idea to both his family and the other managers at work. “We all wanted to do work and life differently,” DeGroot told me. “We kept trying.

Banking 15

Banking Conference CEO Bottom-up 15

Harvard Business Review

NOVEMBER 17, 2015

In managing the fallout from BP’s Gulf of Mexico oil spill disaster in 2010, company Chairman Carl-Henric Svanberg had to take over from CEO Tony Hayward, whose gaffes and public blaming of partners had only exacerbated the crisis. Take the case of BP. born BP veteran Bob Dudley as CEO.

CFO 8

CFO Crisis Mass Marketing IPO 8

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. She had made site visits a hallmark of her short tenure at the company’s helm, because they helped her see how frontline employees were weathering the changes she’d been spearheading across the bank.

Case Study 8

Case Study CEO Banking Agility 8

Harvard Business Review

AUGUST 23, 2012

So why did one of the planet's biggest investment banks — and its 33,300 employees — hold out so long? Just ask Gene Morphis, ex-CFO of clothing retailer Francesca's. Limited users are free to draft tweets and updates, which are then fed into approval queues for manager review. The risks and penalties are real.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

AUGUST 28, 2012

Both launched media and customer firestorms; both shook top management to its core. Imagine you're a major bank. Would you want to start a Facebook page and let anyone weigh-in with what they thought of you, and of banking in general? But what many see as a threat is actually a major opportunity.

How To 12

How To Chief Technology Officer Audience Banking 12

Harvard Business Review

FEBRUARY 25, 2011

Indeed, senior managers in CWLP focus groups admit that, after years spent clawing their way up the ladder, they didn't want the top job after all. "I I could be CFO," confessed one female executive with particularly strong credentials, "but I'm happy right where I am.".

CFO 15

CFO Film Banking Execution 15

Harvard Business Review

MARCH 19, 2012

As one management consultant framed it, "Why would I ever work in one industry for the next 20 years when I can work in a new industry every other month?" As another consultant told me, "I really want to get a job as an e-commerce manager, but it's hard to start when you don't know anyone in e-commerce."

Career 15

Career Long-term Christensen CFO 15

Women on Business

DECEMBER 3, 2012

Guest Post By: Rania Stewart, senior product manager with Peoplefluent.com. Take a quick scan of the managers and company leaders. Perhaps your manager had your job title a few years or months back, or your new CFO recently transitioned into the role from heading the accounting department.

Career 247

Career Company Software Handbook 247

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

APRIL 16, 2012

Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. As long as the CFO can stipulate that the company does not intend to repatriate the cash, it avoids the incremental tax that will be levied due to the territorial system of U.S. It can: Save Taxes.

Company 13

Company Cost of Capital Finance Long-term 13

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 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Then it wasn’t.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

OCTOBER 22, 2013

She kicked off her October management team meeting, which I was attending, by reading the following passage from my book: The dangers of taking too much risk are very clear. I felt that Walter had just given the management team a well-deserved kick in the pants—and they summarily dismissed it without letting it sink in.

COO 8

COO Short-term CFO Pharmaceuticals 8

Harvard Business Review

JANUARY 28, 2015

While this would seem sufficient to alert the bank to his impending trip abroad, “transaction denied” flashes across the terminal screen, leaving this longtime customer stranded, fuming, and no longer so loyal. When sales managers saw a rush of customers, they could put more people on the front desk.

COO 8

COO Planning Metrics Call Center 8

Harvard Business Review

NOVEMBER 18, 2013

Noski, former CFO of Bank of America. Thompson and his colleagues have up-for- consideration several long-term Microsoft managers and a former executive, Stephen Elop, recently reacquired when Microsoft purchased much of Nokia. Thompson, the former CEO of Symantec, leads its search committee, and he is joined by Steve J.

CEO 8

CEO Committee P&L Charan 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. The group's responsibilities would begin with measuring, monitoring, and managing that value — but end up with shepherding, guiding, and nurturing it. So here's a thought.

Organization 15

Organization Finance Senge Long-term 15

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. “I hadn’t realized how much I cared, how much work mattered to me, until then,” he explained, sharing a feeling I have heard many a manager describe. No, it’s not a muse!

Long-term 8

Long-term Loyalty Uncertainty Banking 8

Harvard Business Review

MARCH 18, 2011

Most businesses don't even know what's going to be required in two or three years," says Joseph Weintraub, a professor of management and organizational behavior at Babson College and co-author of the book, The Coaching Manager: Developing Top Talent in Business. "Five years, in today's environment, is very hard to predict.

P&L 18

P&L Committee Career Case Study 18

Harvard Business Review

JULY 27, 2015

They might impersonate a bank, saying, “Hey, I know you’re about to go and get an operation, don’t forget to transfer some money by clicking here,” or whatever. And then you think, “Well, they know I’m having an operation tomorrow, so they must be a legitimate bank.”

Health Care 8

Health Care Hedge Banking Training 8

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

DECEMBER 8, 2016

Listening, Derek Melis, his friend and CFO, was relieved. Rogier hadn’t once mentioned holacracy or self-managed teams, even though the executive team and the board had been talking for months about transitioning to just such a system at the global construction company. The two men went way back. Vera’s Perspective.

Case Study 8

Case Study Decentralization CFO Construction 8