Harvard Business Review

OCTOBER 11, 2011

According to ThedaCare's chief financial officer, Tim Olson , top management viewed it as a significant waste of time. With four hospitals, 22 physician locations, and over 5,000 employees, ThedaCare managers spent 10,000 hours a year to build their budget, and another 10,000 hours to explain, manage, and argue about it.

Budgeting 11

Budgeting Chief Financial Officer Cost CFO 11

Harvard Business Review

AUGUST 29, 2011

Early in my career, when sharing a vacation house with a group of friends, I learned an important lesson from a classic book by anthropologist Mary Douglas, Purity and Danger : It takes a lot of people cooperating to keep things neat, but it takes only one disgruntled dirt-monger to mess things up. Don't give them power.

CFO 15

CFO Chief Financial Officer Cooper Learning-by-Doing 15

Harvard Business Review

SEPTEMBER 27, 2012

The general counsel is now a core member of the top management team and offers advice not just on law and related matters but helps shape discussion and debate about business issues. Inside lawyers, in short, have forged new leadership and cooperation with firms on matters and fostered new competition and control on money.

Chief Financial Officer 8

Chief Financial Officer Trends Crisis Definition 8