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. and (ii) how can digital firms improve their financial reports to communicate sources of value creation in their businesses?

Report 8

Report GAAP Net Present Value CFO 8

N2Growth Blog

FEBRUARY 8, 2019

Maybe your CFO is a family friend. Everyone reports to you and looks to you for answers. He is graduate of the Stanford University Graduate School of Business’s LEAD program in Corporate Innovation. Their organizational culture happens by default. Leaders know that building a culture by design is critical to business success.

Delegation 243

Delegation Maturity CEO Execution 243

CO2

SEPTEMBER 6, 2018

With the PEAK model, leaders can learn just how much they are inclined to seek Perspectives (Innovators), Evaluate information at hand (Judges), take Action (Directors), and increase Knowledge (Professors). While it makes sense for direct reports to be succession candidates, don’t feel obligated to go this route.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

CO2

SEPTEMBER 6, 2018

With the PEAK model, leaders can learn just how much they are inclined to seek Perspectives (Innovators), Evaluate information at hand (Judges), take Action (Directors), and increase Knowledge (Professors). While it makes sense for direct reports to be succession candidates, don’t feel obligated to go this route.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Tanveer Naseer

JULY 12, 2016

The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron. The trust of many in a system that has been the most spectacular generator of innovation in history was damaged by the unbridled greed of a few.

Kaplan 100

Kaplan CEO Real Estate CFO 100

Marshall Goldsmith

FEBRUARY 8, 2018

US News and World Report – One of America’s 25 Best Leaders. Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

MARCH 6, 2013

CMOs and CFOs don't always see eye-to-eye. An article published in CFO.com indicates that in one study, more CMOs report sharing marketing information with their CFOs than CFOs reported receiving. We found that we shared a passion for finance, the stock market, innovation, and marketing (and, candidly, politics).

CFO 8

CFO Advertising Finance Marketing 8

Harvard Business Review

MAY 31, 2017

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. “Numbers that numb” has become an all-too-common description for performance reports in many organizations.

Health Care 14

Health Care Chief Financial Officer Comparison Quality 14

Miles Anthony Smith

MAY 2, 2018

But even if you don’t have a team of direct reports, we are all leaders who come from different walks of life with varied experiences that shape our core values. Graham Keen "Inspirational CEO/CFO turned positive-psychologist resiliently transforming businesses & financial performance." ​ ​1.

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies. Insight Center.

Industry 14

Industry Short-term Planning Long-term 14

Harvard Business Review

JUNE 5, 2012

It's an "irreplaceable motivator for high-performing technology staff," McKinsey reports. Merck, Eli Lilly, and GlaxoSmithKline have all announced they are investing in early-stage biotech start-ups as a new product development strategy, hoping that external innovation will pick up where internal R&D has fallen short.

Development 14

Development McKinsey CFO Competitive Advantage 14

Harvard Business Review

JUNE 25, 2015

What they don’t do well enough is reinvent and innovate. Sure, there are exceptions who are both visionary CEOs and innovators — Steve Jobs and Jeff Bezos, for example — but there are very few companies that can stomach that sort of leadership. So if the CEO isn’t someone who can innovate, then who should?

Entrepreneur 8

Entrepreneur CTO Business Model CEO 8

Harvard Business Review

DECEMBER 21, 2012

Constellation has developed an Innovation Center , an unconventional permanent facility within its headquarters. People come from different locations to the Innovation Center for "ideation" (brainstorming), decision-making, and planning. What's distinctive about having a physical innovation center? It sends a message.

Brainstorming 15

Brainstorming CFO Innovation Energy 15

Harvard Business Review

SEPTEMBER 23, 2014

Analytics requirements can span business units, database and analysis systems, and reporting hierarchies. Where should the CAO report? In most cases today, the CAO doesn’t report directly to the CEO, but to another member of the C-suite. It is often easier to see where a CAO role should not report.

Company 9

Company COO Information Technology CFO 9

Harvard Business Review

AUGUST 8, 2013

The persona of the next-generation CIO is evolving from Chief Infrastructure Officer through Chief Integration Officer and Chief Intelligence Officer to Chief Innovation Officer. For a CIO or other technology leader to make the move successfully from infrastructure to innovation, three key building blocks must be in place.

CIO 8

CIO Succession Fast Follower Chief Information Officer 8

Harvard Business Review

SEPTEMBER 23, 2014

Analytics requirements can span business units, database and analysis systems, and reporting hierarchies. Where should the CAO report? In most cases today, the CAO doesn’t report directly to the CEO, but to another member of the C-suite. It is often easier to see where a CAO role should not report.

Company 8

Company COO CFO Analysis 8

Harvard Business Review

MARCH 27, 2013

And indeed he had a very innovative strategy for J. Recently, Costco reported a 39% jump in quarterly earnings. Costco's CFO, Richard Galanti stated, "People are eating in more and looking for fresh food, which, along with [our] low gas prices, is what are driving people into our stores more often.

Retail 13

Retail Price Merchandising CFO 13

Harvard Business Review

JANUARY 16, 2013

No advertising innovation: The "I'm a Mac/"I'm a PC" campaign ran for three and a half years without a refresh. Also, Consumer Reports issued a "does not recommend" on the iPhone 4 (in 2010). In 2004, Apple's CFO, Fred Anderson, left the company. Bad quality control: MobileMe, antenna-gate. Bad product reviews: One word: Ping.

Marketing 13

Marketing Stage-Gate Advertising Price 13

Harvard Business Review

NOVEMBER 9, 2012

Gene Morphis, former CFO of CVS and David's Bridal suggests: "There is an interesting intersection between risk management and innovation that emerges in the CMO-CIO interface." It's up to the CEO to ensure that marketing and IT are on the same page in terms of both innovation goals and risk management.

CIO 9

CIO Chief Information Officer Norton Technology 9

Harvard Business Review

DECEMBER 17, 2015

While the top reason for leaving was low compensation (57% reported it), nearly as important was frustration with a lack of professional development opportunities, which half of respondents cited as their reason for departure. The leaders we surveyed identified several factors contributing to high turnover.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

JANUARY 12, 2015

There is a widely held belief that strategic decisions are made collectively by an organization’s executive team, the senior executives who report directly to the CEO. One CEO told me about a direct report who had an impeccable track record but whose monthly reporting was never clear.

How To 8

How To CEO P&L Uncertainty 8

Harvard Business Review

MAY 30, 2016

As the CFO of Macy’s put it recently, “ “We’re frankly scratching our heads.” And in the years that followed, conventional retailers’ confidence in the future increased as Census continued to report puny online sales. ” But it’s not happening as pundits predicted. And then the gale hit.

Retail 8

Retail Real Estate B2B CFO 8

Harvard Business Review

JANUARY 30, 2013

In March 2000, Barron's reported that 51 Internet companies were burning cash so fast that they'd be broke by the end of the end of the year. So when Amazon reports below-consensus earnings, as it did Tuesday, and the share price jumps, as it did after-hours Tuesday and again Wednesday morning, the reaction isn't quite the puzzle it seems.

Training 11

Training Bond Christensen Long-term 11

Chart Your Course

SEPTEMBER 6, 2017

Why Your CEO and CFO Should Care About Employee Engagement TLNT, 2013. North America Sees Lowest Levels of Employee Engagement since 2008 Canadian HR Reporter, May 2013. Two Kansas City Star Reporters Told to Choose Who Gets Sacked NBCNews.com, December 2012. The Innovation Catalysts Harvard Business Review, June 2011.

Article 100

Article CFO Magazine Library 100

Harvard Business Review

AUGUST 4, 2015

A new Conference Board study, as CFO magazine reported , reveals some startling growth in greener products at a dozen big companies like Kimberly-Clark, Dow, GE, Siemens, Toshiba, and more. So why are sustainable products surging now?

Productivity 8

Productivity Products Chemicals Retail 8

Harvard Business Review

OCTOBER 18, 2013

Leadership created an optimization office reporting to the CFO to facilitate cost reduction projects, train new team members, and document and disseminate results across the system. Follow the Leading Health Care Innovation insight center on Twitter @HBRhealth. Leading Health Care Innovation.

Cost 9

Cost Health Care Six Sigma Insourcing 9

Harvard Business Review

JUNE 16, 2015

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.”

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

MAY 23, 2012

Second, the formal head of the risk management function reported directly to Mr. Dimon and was part of the executive team with continual access to the company's board of directors. Quite the opposite; it should actually enable organizations to engage in daring, innovative strategies that promise high expected returns.

Risk Management 9

Risk Management CIO Management Banking 9

Harvard Business Review

AUGUST 24, 2016

For example, when your CFO tells you that you must reduce headcount immediately, but you disagree, you help her make her case by saying something like, “I was disagreeing with you because I thought you were saying we’re facing two quarters of lower earnings. And those who report to you can feel its absence.

Influence 8

Influence Six Sigma Open-book Diversity 8

Harvard Business Review

DECEMBER 17, 2018

With rare exception, they’re not satisfied with the status quo and are driven to innovate and change. And yet that drive for innovation fails to reach most people on their team — at least not in a way that employees can act on. Digital technology should be freeing us up to be more innovative and productive.

Innovation 8

Innovation Content Team Crisis 8

Harvard Business Review

DECEMBER 28, 2016

Most CX programs are broken in similar ways: They are not designed with change or innovation in mind. Mistake #1: Forgoing change and innovation. The reasons change doesn’t often happen are reporting paralysis, the lack of “think time,” and failure to collaborate. So where does it all go wrong?

Attrition 12

Attrition Metrics Net Present Value KPI 12

Harvard Business Review

MARCH 7, 2017

The dispatch included disturbing and potentially illegal managerial activities, such as Fowler’s boss telling her she could be fired for reporting the behaviors. That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance. Are these acceptable growing pains?

Compliance 14

Compliance Hedge Human Capital Finance 14

Harvard Business Review

JULY 25, 2013

CIOs are being tasked with managing internal business systems, cloud-based services, big data innovation, data security, and the 24x7 needs of global customers who access company data on personal devices. Chief "Innovation" Officer: Looking for disruptive technologies to drive innovation.

CIO 8

CIO CFO Chief Information Officer Business Intelligence 8

Harvard Business Review

JUNE 22, 2012

At the corporate level, the group CFO is a woman. Nestle is not yet a leader in gender balancing, but they are an innovator. In subsequent blogs I'll report on what the initiative has delivered in the major countries where Nestle has operations. Women head two of Nestle's five global Strategic Business Units.

Leadership Pipeline 11

Leadership Pipeline CFO Committee Globalization 11

Harvard Business Review

AUGUST 22, 2014

We have some of our largest and most innovative companies doing this. The second source of revenue is trying to change the fact that corporations report large profits to the capital markets and relatively small profits to tax authorities. I was with the CFO of Apple the other day, and they’ve got $140 billion of cash trapped overseas.

Globalization 8

Globalization CEO System Offshoring 8

Harvard Business Review

JANUARY 7, 2011

When tradeoffs had to be made, solid departmental reporting relationships trumped dotted process relationships. The wishes of a functional head such as CFO, CMO, or company President won out over a Process Owner of Order-to-Cash. Brad Power ( bradfordpower@gmail.com ) is a consultant and researcher in process innovation.

Process 15

Process Champy Competitive Advantage Hammer 15

Harvard Business Review

OCTOBER 10, 2016

Similar to what we’ve learned about creating cultures of innovation, it takes more than a handful of leaders contributing creative brilliance; it takes leaders driving the focus on and readiness for change that going digital requires. Historically having a coach was seen as a negative, an intermediary getting involved to fix a problem.

Leadership Development 8

Leadership Development Disaggregation Development Leadership 8