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What Do I Need To Do To Move UP?

Rich Gee Group

What is size of P&L I should run? It’s not ‘how many years’, it’s more about how many areas do you feel comfortable in the marketing arena? I come from a marketing background — you need creative, technical, statistical, client, financial and communication experience to make CMO.

P&L 150
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Be an Advocate for Yourself :: Women on Business

Women on Business

Mentoring is defined as career advice and guidance and sponsorship is advocacy. High performing women need to take control of their own career advancement. Communicate your intention to advance your career. o Make sure your position has P&L responsibility. They need to advocate for an advocate or sponsor.

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Even “bad” cultures get some things right

Surviving Leadership

The CFO update in particular was excellent – we learned how the company measured financial success, how to read a basic P&L, and what variable costs employees could help control in their jobs. I cut my teeth on corporate America there and have carried those lesson with me throughout my career.

CFO 58
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Bring Back the General Manager

Harvard Business Review

These are the executives who run discrete businesses and control all of the resources associated with them. Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more.

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It's Harder than Ever to Be a Senior Executive

Harvard Business Review

I've written about the rising significance of soft skills, including in the March 2011 issue of HBR (coauthored with Kevin L. Technical and functional knowledge are vital to making good judgment calls, being legitimate in the eyes of your people, and making resource allocation decisions. And for many people they're harder to learn.

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Is Your Company Actually Set Up to Support Your Strategy?

Harvard Business Review

An “operating model” — how a company organizes and manages its resources to achieve its strategic ambitions — is the bridge between strategy and execution. Who has P&L authority? Aligning the big picture with the day-to-day. It includes accountabilities.

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How IBM's Sam Palmisano Redefined the Global Corporation

Harvard Business Review

When Palmisano retired this month, the media chronicled his success by focusing on IBM's 21% annual growth in earnings per share and its increase in market capitalization to $218 billion. As he concludes his career, he leaves his successor, Virginia Rometty, with an iconic giant poised to dominate its industry for decades to come.