The Horizons Tracker

MAY 18, 2022

The researchers found that there isn’t really a uniform approach to corporate venturing, with many programs operated in an incredibly inefficient way. This bureaucracy is compounded by the lack of uniform reporting structure, with some reporting to the CEO, others to the CFO, and others again the chief strategy officer.

Short-term 113

Short-term CFO Bureaucracy Long-term 113

Leading Blog

JUNE 13, 2011

It is a process. Your talent assessment/development systems should have as much “rigor and repeatability as systems used for finance and operations.” And you should “review people as thoroughly and regularly as you review operations, business performance, strategy, and budgets.”. Elevate it to the same level as the CFO.

Development 284

Development Charan Leadership CFO 284

Strategy Driven

SEPTEMBER 1, 2020

Leaders of small and medium size businesses (SMBs) often think their size lets them operate under the radar, as less attractive targets to bad guys. That is patch management—a relatively straightforward process, 10 or 20 years ago. How would your CFO or CIO handle this? People, Policies and Processes. An excerpt is below.

Bottom-up 98

Bottom-up Software Policies CIO 98

Modern Servant Leader

JANUARY 20, 2012

During the financial earnings call, CEO Gary Kelly , CFO Laura Wright and Executive VP Robert (Bob) E. Southwest is in the process acquiring former competitor, AirTran Airways. During mergers and acquisitions it is common for companies, especially the acquired, to experience a dip in operational performance.

Airlines 203

Airlines Leadership CFO ROI 203

HR Digest

NOVEMBER 20, 2020

Coding, budgeting, and marketing operations are examples. Process automation professionals. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO. Hard skills are quantifiable capabilities learned in an education setting or training program.

Skills 145

Skills Emotional Intelligence CFO Power 145

Strategy Driven

SEPTEMBER 1, 2013

The CFO’s Cheat Sheet to Compensation Risk & Reward. Finance leaders; find out how to stop struggling with time-consuming, inaccurate incentive compensation processes. This 4-page guide outlines 7 ways that automated compensation management software improves your ROI: Streamlined data and workflow processes.

Resources 50

Resources CFO ROI Risk Management 50

Great Leadership By Dan

MAY 7, 2020

How often does their process end up with clients hiring someone they are happy with? The firm might have relied on their rolodex to place a CFO in New York City, but this doesn’t mean they can do the same and find you a candidate in Chicago. Second, what you are trying to understand is how repeatable their success rate is.

Execution 213

Execution Chief Financial Officer Industry Strategy 213

Strategy Driven

MARCH 20, 2021

But you must also remember that any new technology you onboard will bring change to your bank’s operations—some of which isn’t welcome just yet. It’s usually the job of a bank’s chief financial officer (CFO), chief risk officer (CRO), or chief technology officer (CTO) to oversee tech implementation. A Resistant Culture.

Technology 70

Technology Chief Financial Officer Banking Chief Technology Officer 70

In the CEO Afterlife

DECEMBER 31, 2011

There has to be a break from day-to-day operations in the process. For as long as I can remember, the person bonded to the CEO’s hip was the CFO. Strategic Plans have to start with deep strategic thought and the right conviction. A ‘do-more-of-the-same but better’ attitude will surely result in mediocrity.

Blog 222

Blog Mission Statement Strategic Planning Brand 222

Harvard Business Review

JULY 25, 2016

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC). Compliance.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

N2Growth Blog

FEBRUARY 8, 2019

If people still need to come to you for instructions on how to do something, that’s a sign that you need a clearly stated process so that anyone designated to handle a task can handle that task. To scale you need a playbook so that everyone has clarity about the processes and systems that get stuff done. And, you operate in a fishbowl.

Delegation 243

Delegation Maturity CEO Execution 243

Lead Change Blog

NOVEMBER 7, 2016

Simply put, it’s a process that helps you think strategically about how you develop your story, drive alignment, and tell it powerfully—whether it’s a large organizational story or whether you want to communicate change inside your organization. Find Jon on Twitter at @jonverbeck1. ” Find Neal on Twitter at @exec_solutions.

Leadership Development 331

Leadership Development Development Leadership 360-Degree Feedback 331

The Horizons Tracker

MARCH 15, 2020

Who would be CFO or COO? For instance, if you’re a technical wizard, it might be wise to consider bringing with you people with business or operational skills. Assigning roles. Another study , from researchers at Imperial College London, explores how the distribution of roles among the founding team is undertaken.

Team 104

Team Entrepreneur COO CFO 104

CO2

SEPTEMBER 6, 2018

Org charts can be arranged by function, process, product, market, customer, geographic, matrix, or a combination approach. In the process, it will clarify your development strategies for current employees. These charts tell a more interesting and complex story.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

CO2

SEPTEMBER 6, 2018

Org charts can be arranged by function, process, product, market, customer, geographic, matrix, or a combination approach. In the process, it will clarify your development strategies for current employees. These charts tell a more interesting and complex story.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Coaching Tip

SEPTEMBER 30, 2011

Buying levels of the customer — In my Coke example above, I am the sole person in the buying process. Think about the Boeing Engineer evaluating a GE jet engine for a new airplane…a CIO evaluating a new Enterprise Resource Planning System software provider…or a CFO reviewing audit firms. .

B2C 95

B2C B2B Marketing CIO 95

Persuasive Powerhouse

JULY 7, 2010

An enterprise business model was developed that takes in all the processes across all the business areas. Processes are categorized by a Business Cycle (end to end business process) which are “owned&# by a majority of non-financial senior leaders. The CFO owns a couple. Thanks for sharing this one.

Greenleaf 200

Greenleaf Maslow Goal Goleman 200

Lead Change Blog

NOVEMBER 7, 2016

Simply put, it’s a process that helps you think strategically about how you develop your story, drive alignment, and tell it powerfully—whether it’s a large organizational story or whether you want to communicate change inside your organization. Find Jon on Twitter at @jonverbeck1. ” Find Neal on Twitter at @exec_solutions.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

Mills Scofield

NOVEMBER 18, 2011

At Bettcher Industries, we love the meat processing industry; we’ve always loved the meat processing industry and one reason we do is because many others don’t. In meat plants, tens of thousands of operators are “whizzing” meat products everyday in over sixty countries around the world.

Succession 70

Succession Industry Stage-Gate CFO 70

Harvard Business Review

APRIL 6, 2011

Do you have a process improvement program under way that you feel is going well? When the company declared its "reengineering success" and the publicity machine ramped up, it had a new business model on paper — a process blueprint, a series of cultural changes under way, and a pilot of the new business model just starting.

Process 14

Process Six Sigma Finance Short-term 14

Harvard Business Review

JUNE 24, 2013

With over 3 million users, Square processes more than $15 billion in transactions annually. We asked Square''s CFO and Operations Lead, Sarah Friar , for perspectives on this technology, what it means for marketers, and how to manage in the world of mobile innovation. One of our values is break the rules.

CFO 8

CFO Loyalty Technology Definition 8

Harvard Business Review

JANUARY 13, 2011

Then the family's CFO, my wife, who also happens to be a CPA, demanded to know their TCO. cost of improving the operating systems; unfortunately, the new OS could not be loaded from the internal CD drive and required an external DVD player, which cost $120. The CFO's skepticism was proved correct, and I lost all credibility.

Technology 15

Technology CIO CFO TCO 15

Harvard Business Review

OCTOBER 26, 2011

As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key. CFO Tim Olson of ThedaCare , a healthcare system in Wisconsin, went through a similar conversion. Then I became an advocate. Now I know that.".

Finance 10

Finance CFO Budgeting Operations 10

Miles Anthony Smith

MAY 2, 2018

Matt Sweetwood, branding expert, defines personal branding as: " Personal branding is the practice of people marketing themselves and their careers as brands -- the ongoing process of establishing a prescribed image or impression in the mind of others about an individual." Your personal brand is the mark you leave on the world.

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

JUNE 8, 2018

However, many investors seem to have concluded that the most successful companies with tens of billions of dollars of valuation today could never have justified their valuation at the start of their operation based on discounted cash flow. So, investors, and therefore managers, might be adjusting their approach to risk accordingly.

Report 8

Report GAAP Net Present Value CFO 8

Strategy Driven

JANUARY 28, 2011

Thought leader Sharon Drew Morgen has uncovered what keeps organizations from moving forward and in her new book, Dirty Little Secrets , she reveals what potential buyers need to know to expedite the process of bringing positive change to their companies. She then presents the same situation using Buying Facilitation ®. The result?

Servant Leader 50

Servant Leader Newsletter Resources CFO 50

Harvard Business Review

NOVEMBER 25, 2013

In our work with clients across dozens of sectors over more than five years, we have found that the strongest CMO/CFO partnerships develop when both parties undertake five actions: 1. CMOs need to start building this relationship by having a clear understanding of what CFOs expect.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

NOVEMBER 8, 2011

Here's an example*: Peter was the divisional CFO for the consumer unit of a global products company. In Peter's case, the process of re-contracting was made difficult by Sarah, who was both a peer and a competitor. When Sarah left, Operations also was reconfigured. It's not easy to make the transition from peer to boss.

Management 12

Management Restructuring CFO Operations 12

Harvard Business Review

AUGUST 30, 2012

A few years ago, the chief operating officer launched a customer quality initiative to improve six core processes and assigned executives to "own" each process. But in the budgeting process, the initiative got little funding. He appointed vice presidents to run teams to recommend process changes.

Company 8

Company COO CFO Insurance 8

Harvard Business Review

JANUARY 28, 2015

If it’s all about the operations then you lose sight of the customer. Rather than measuring marketing KPIs or operations KPIs, focus instead on the more customer-oriented journey KPIs, such as lifetime margin. Once the drivers of the costs of the journey are understood, marketing can work with operations to address them.

COO 8

COO Planning Metrics Call Center 8

Harvard Business Review

MARCH 23, 2015

They’re essentially asking the company to take the cash it has generated through its business operations and spend it on something with an uncertain future return. Several years ago, when I was serving as the company’s CFO, one of founders came to me and said, “Joe, I would like to buy a new three-dimensional printer.”

Finance 8

Finance NPV CFO ROI 8

Harvard Business Review

DECEMBER 25, 2014

In the case of Rohm and Haas this process began in earnest in 1985 with the appointment of a Greek national, Dr. Basil Vassilou, to head our operations in Europe; followed by a Cuban, Henri Martinez, heading our Latin American operations starting in 1988; an Indian American (myself) heading up Asia Pacific operations in 1993.

Team 11

Team Diversity CFO TSR 11

Harvard Business Review

DECEMBER 21, 2012

Almost all work these days is distributed — people interact with one other to make sales and process orders from different locations, for instance. More of your organization is exposed to that process. It includes all the administrative VPs, the CFO, chief medical officer, and the chief nursing officer. It sends a message.

Brainstorming 14

Brainstorming CFO Innovation Energy 14

Harvard Business Review

OCTOBER 11, 2011

If they remove waste, errors, and time from these processes, they will get cost efficiency as a byproduct. Consider ThedaCare , a healthcare system in Wisconsin, which eliminated its budgeting process in 2010. The organization replaced the budget with a quarterly forecasting and planning process.

Budgeting 11

Budgeting Chief Financial Officer Cost CFO 11

Harvard Business Review

SEPTEMBER 11, 2017

Customers are integral to this process because they provide feedback, and every member of your team should be answering support requests, meeting with customers, and thinking about how to build a product that suits the needs of the market. Add a touch of process, carefully. Don’t put process over people. Don’t do it.

Metrics 13

Metrics Engineering Efficiency Learning-by-Doing 13

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 O’Brien-Bernini put it, the months they spent getting the deals through their process were “faster than any company the energy suppliers had seen…but it didn’t feel fast!”

Energy 8

Energy Industry Finance CFO 8

Harvard Business Review

APRIL 18, 2014

This particular toy importer violated every one of the rules that govern the success of a midsize company’s strategic initiative: It gave an unproven team an unrealistic budget and asked it to do a highly technical, risky, but mission-critical job without strong external partners or a proven implementation process. Forecasting acumen.

CFO 8

CFO Venture Funding IPO Retail 8