LDRLB

SEPTEMBER 28, 2011

The day the Jacobs Suchard (now part of Kraft Foods ) Board of Directors promoted me to the C-Suite, they strongly suggested I align myself with the CFO. My regret is that I did not free up my other hip for Human Resources, a group of eager young managers at the rear of the functional pecking order. CEOs must watch for that.

CEO 116

CEO CFO Human Resources Real Estate 116

Harvard Business Review

MARCH 23, 2015

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think. Finance & Accounting Tool.

Finance 8

Finance NPV CFO ROI 8

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. This critical alliance needs and deserves much greater analysis and application.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

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 417

Blog Gordon CEO Consultative 417

Harvard Business Review

OCTOBER 26, 2011

It's difficult to get senior executives who have been successful managing a particular way to realize that they need to change their approach. 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. Getting the CFO on board is key.

Finance 10

Finance CFO Budgeting Operations 10

Marshall Goldsmith

FEBRUARY 8, 2018

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. World authority on project management. Co-author: Predictable Magic.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

JULY 23, 2013

Because no one is managing the store. We all know that CFOs are accountable for the financial stewardship of the enterprise. They fulfill this role by delegating responsibility and establishing control systems such as budgets, directives, audits, and oversight to drive fiscal compliance.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 9

CFO Charan Intangible Assets Human Resources 9

Strategy Driven

OCTOBER 21, 2011

Forced to do more with much less, the small businesses that have managed to survive and even thrive during these tough times have recognized one important factor: You can’t always compete on price, but you can compete on service. economy is still in a deep funk, and for many small business owners that means business isn’t exactly booming.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

Harvard Business Review

APRIL 6, 2011

These were all good things and to be expected after investing many millions of dollars on people, systems, and consultants. In this case, the answers were not there, the effort was stopped, and a new management team took over. Engage the finance organization. Finance was on board at the company in our story.

Process 14

Process Six Sigma Finance Short-term 14

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

MARCH 27, 2015

Sema, a finance manager at the Dutch-British financial services consultancy Dirksen-Hall, had recently transferred from its Ankara office to its headquarters, in Amsterdam. This would both improve service provision globally and greatly enhance Dirksen-Hall’s ability to manage enterprise risk. It was a gigantic undertaking.

Case Study 8

Case Study CFO Finance Project 8

Harvard Business Review

APRIL 30, 2015

You’ve got an idea for a new product line, a way to revamp your inventory management system, or a piece of equipment that will make your work easier. “At most companies, the cost of capital is a mechanical calculation done by the finance people. Finance & Accounting Tool. Babo Schokker. Joe Knight.

Cost of Capital 8

Cost of Capital Cost Finance Discount 8

Harvard Business Review

APRIL 16, 2012

This raises the question of whether retaining strategic cash makes economic sense and should be viewed as a legitimate corporate finance tool in today's environment. Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. Arguments for Strategic Cash. It can: Save Taxes.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. They had framing conversations with the CEO and CFO early on to discuss any financial or operational challenges. While PPAs are the dominant model for financing corporate renewables, signing 15- or 20-year agreements can be tricky.

Energy 8

Energy Industry Finance CFO 8

Harvard Business Review

OCTOBER 18, 2018

Lance was struck by what he saw in CFO Damon Ewen’s file. His CFO and his sales chief had been at loggerheads for a while. After all, sales and finance were often at odds in organizations, and the conflict hadn’t had a big impact on Barker’s revenues. I’m the CFO and he’s in charge of sales.

Case Study 11

Case Study Team CFO Merchandising 11

Harvard Business Review

SEPTEMBER 22, 2011

Pep Boys, a US auto parts store chain, reports in its proxy statement that customer metrics are now an important part of its executive compensation system. If your scores vary wildly from one time period or unit to another and you don't know why, you don't have a reliable measurement and feedback system.

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

AUGUST 23, 2012

For highly regulated sectors like finance, social media can be a legal minefield. 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. "Follow us here for updates on our work, our research, and our people.".

Compliance 15

Compliance Media Compliance Officer Policies 15

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

AUGUST 15, 2013

They resist getting their hands dirty alongside the CIO, even though many of them will readily get down into the mud of a balance sheet with the CFO or strategize the details of global brand issues with the CMO. Boards should require that CEO candidates demonstrate not just knowledge of finance and marketing but also a technology aptitude.

CEO 8

CEO CIO Technology CFO 8

Harvard Business Review

MAY 1, 2011

And Mark Perry , a professor of economics and finance at the University of Michigan, puts it in perspective with a handy chart.). The essential question, therefore, is: What is the logic for having world-class academic researchers (who, for the most part, have never managed a business themselves) teach business classes to MBA students?

Education 15

Education Human Capital Class CFO 15

Harvard Business Review

FEBRUARY 20, 2013

Access to finance , designing operational processes and systems , and building strong, talented management teams are just a few obstacles that many cite. If you want to pair your managers with social entrepreneurs, here are a few things to consider: Prepare : Invest in preparing your participants in advance.

Entrepreneur 8

Entrepreneur Company Six Sigma Franchising 8

Harvard Business Review

SEPTEMBER 11, 2017

Set up a simple workflow to manage customer requests. This won’t be a “Chief Customer Officer” or a “Customer Success Manager.” In later stages you’ll want people who think about how to scale through process, training, and systems. Invest in permanent systems. What to do.

Metrics 13

Metrics Engineering Efficiency Learning-by-Doing 13

Harvard Business Review

FEBRUARY 25, 2014

As important as the volunteers were to BrainGame, they were an opinionated group­ and weren’t always easy to manage. We need to bring in people whose expectations we can manage.” She explained that BrainGame’s current backers had been asking about growth plans, and Lena was pitching new groups for a new round of financing in two weeks.

Company 8

Company CFO Proposal Engineering 8

Harvard Business Review

MARCH 7, 2017

Just as striking is her description of Uber’s HR organization, which advised Fowler that because the manager in question was a high performer, HR did not feel comfortable punishing him. Uber CEO Travis Kalanick and prominent board members, with the cooperation and support of the head of HR, have initiated an investigation.

Compliance 10

Compliance Hedge Human Capital Finance 10

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. Vera’s Perspective. ” Henning Weighs In.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

AUGUST 8, 2014

A similar proposal to Split Finance would likely have been rejected out of hand by organization leaders (and Harvard Business Review editors), because its obvious that the Finance function must fit the organization strategy and leader capabilities. Human resources Leadership Talent management'

Charan 13

Charan Finance Human Resources Supply Chain 13

Harvard Business Review

JANUARY 24, 2013

And unfortunately, they suggest that, in our huge, complex financial institutions, major failures of organizational discipline and major losses are likely to recur, despite greater attention to risk management. Generally speaking, firm management did not ensure proper controls and oversight at CIO as its trades became more complex and risky.

Report 8

Report CIO Crisis Committee 8

Harvard Business Review

MAY 14, 2012

It simply means that senior leaders need to prepare their antibody system not only to identify ideas that are too risky but to recognize the ones that will strengthen and grow the company. They were the people whose job it is to worry about risks to the on-going organization — legal, risk management, finance, IT, and the brand team.

Innovation 10

Innovation CFO Learning-by-Doing Brainstorming 10

Harvard Business Review

JANUARY 7, 2011

The gurus have written detailed descriptions of how companies should establish the process owners, process councils, and other pieces of a formal process governance structure to manage their six to 10 core, cross-functional processes. These companies kept top-management attention on critical processes and KPIs. from 2004 to 2007.

Process 15

Process Champy Competitive Advantage Hammer 15