Harvard Business Review

OCTOBER 26, 2011

Yet this is exactly the challenge facing leaders of the finance function who are asked to help their organization improve the way that work is done. As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Then I became an advocate.

Finance 10

Finance CFO Budgeting Operations 10

N2Growth Blog

AUGUST 22, 2010

If your CFO handles all communications with your banking relationships, and your Chief Investment Officer handles all of your investor relations, you’re flat out missing the boat. mikemyatt: RT @thinkBIG_blog: Cheap always costs you mo. If your CMO is making all of your brand decisions there will be h*ll to pay down the road.

Blog 417

Blog Gordon CEO Consultative 417

Harvard Business Review

DECEMBER 17, 2015

This comes at a significant financial and productivity cost to all organizations, as demonstrated by research in corporate settings : Onboarding an external hire can cost up to twice the departing executive’s salary, and the time it takes for an external hire to become productive is twice as long as for someone hired from within.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

JANUARY 11, 2016

Since then, as the composition of top executive teams has changed, responsibility for leading strategy development has been shared by more members of the C-suite. The 1990s saw the rise of the strategic CFO, and more recently many companies have created a chief strategy officer (CSO) position. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

MARCH 6, 2013

But this makes the still lingering CMO-CFO disconnect even more significant, as both executives are now stewards of that critical corporate data. We found that we shared a passion for finance, the stock market, innovation, and marketing (and, candidly, politics). Figure out the definitions. Understand both sides of risk.

CFO 8

CFO Advertising Finance Marketing 8

Harvard Business Review

NOVEMBER 25, 2013

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. One financial services CMO told us how CFOs typically perceive his function: “We’re going to give a certain amount of dollars to those guys. They’re going to make ads and do whatever it is they do.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. They put up almost no capital and usually lower their day-to-day energy costs. It sounds like an easy win-win, but industrial companies have had a harder time making it all work for two key reasons: costs and accounting.

Energy 8

Energy Industry Finance CFO 8

Strategy Driven

OCTOBER 21, 2011

And the best thing about great customer service is that providing it doesn’t cost you an extra penny. In addition to the real-world knowledge that students will derive from the cases, readers will take away research-based templates and models that they can use in developing or consulting with small businesses. magazine.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

Harvard Business Review

MAY 4, 2012

By helping to fill this analytical void, CFOs can make it more likely that the market will develop expectations that are grounded in reality. Flexibility in Communications: Providing guidance also gives CFOs more leeway to discuss their company's outlook between earnings announcements. FD) constraints.

CFO 11

CFO Metrics Price Depreciation 11

Marshall Goldsmith

DECEMBER 6, 2010

A CEO asked me to coach his potential successor, the CFO. It didn't take long before I just felt that the CEO just didn't like the CFO. I brought it to his attention: "I just don't think you like the CFO." or to work on developing him as your successor, if you really don't want him to have the job?" the CEO told me. "If

CEO 118

CEO CFO Skills Open-book 118

Harvard Business Review

FEBRUARY 10, 2015

Australia’s main CFO forum, the G100 , has shown interest in the topic and even published a paper offering broad support for integrated reporting, arguing that “corporate reporting reform is underway and CFOs should seize the opportunity to drive the reporting agenda.”

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

DECEMBER 18, 2018

I’m going to push more responsibility onto them, which should help them develop faster. “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. He had to sell the idea to both his family and the other managers at work. That was in 2008.

Banking 14

Banking Conference CEO Bottom-up 14

Harvard Business Review

SEPTEMBER 11, 2017

Your business model is still in flux, and flexibility is more valuable than efficiency and cost savings. The patterns that you develop at this key stage will grow with you and will spell the difference between running or stumbling as you hit the growth stage. Don’t get distracted by cost reduction. Don’t do it.

Metrics 13

Metrics Engineering Efficiency Learning-by-Doing 13

Harvard Business Review

FEBRUARY 25, 2014

Its founder, Hans Faust, couldn’t afford to hire developers at the outset, so he’d enlisted volunteers to help design, build, test, and debug the new kind of online game he wanted to bring to the world. You forgot one important figure, Klaus,” Rutger Ekberg, the head of product development, said with a smile. Everyone laughed.

Company 8

Company CFO Proposal Engineering 8

Harvard Business Review

SEPTEMBER 28, 2012

The same investment logic holds for Apple's innovation ecosystem; the flow and fortune of its third-party apps development alone would yield valuable insight. Any data-driven, analytics-obsessed trader or investor would be thrilled running a Facebook fund. BIG DATA INSIGHT CENTER. Can You Live Without a Data Scientist? More >>.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

JANUARY 30, 2013

Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. Bezos could get more interested in space travel than selling massive quantities of stuff at just above cost. Nobody complains.

Training 8

Training Bond Christensen Long-term 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. Focus on learning and development. If you don't know, admit it.

P&L 16

P&L Committee Career Case Study 16

Harvard Business Review

OCTOBER 31, 2011

Coe's offered a monthly payment schedule and a shorter contract period (12 months versus four or five years), which meant higher fees each month but a lower cost of the eventual purchase. Back at the office, Stan stopped by to see his CFO, Carl Amirault. Besides, the cost of opening stores is just as high as here.". Stan smiled.

Case Study 10

Case Study Marketing Real Estate Retail 10

Harvard Business Review

MARCH 7, 2017

Employees and other constituents should expect HR to hold leaders accountable for fiduciary and strategic risks, just as a CFO would be expected to hold leaders accountable for a risky pattern of using corporate funds or resources. Are these acceptable growing pains? In one word: No.

Compliance 9

Compliance Hedge Human Capital Finance 9