Complimentary Resource – The CFO’s Cheat Sheet to Compensation Risk & Reward

Strategy Driven

The CFO’s Cheat Sheet to Compensation Risk & Reward. Click here for more information on The CFO’s Cheat Sheet to Compensation Risk & Reward. You just finished reading Complimentary Resource - The CFO''s Cheat Sheet to Compensation Risk & Reward !

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The CIO Paradox: A book review by Bob Morris

First Friday Book Synopsis

The CIO Paradox: Battling the Contradictions of IT Leadership Martha Heller bibliomotion (2013) The CIO “for all seasons” Rather than one paradox, as this book’s title suggests, Martha Heller rigorously and eloquently examines several separate but related paradoxes: Cost versus Innovation, Operations versus Strategy, Futurist versus Archivist, IT and Business Paradox, Accountability versus Ownership, Recruiting, […].

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What Events Shaped You as a Leader?

Great Leadership By Dan

He was clearly a high potential early on and was tapped by his CFO to create and lead the new internal audit group for a public company. One day the CFO asked him to attend a board meeting so that he could answer any questions that might arise regarding the internal audit group.

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5 Steps Women Can Take to Get on Corporate Boards

Women on Business

NEWS AND INSIGHTS UPDATE: Last week, I asked how we can increase the number of women on corporate boards and shared suggestions from women in executive-level positions gathered by AS/COA. In fact, you can find many statistics and facts about women on boards here on Women on Business.

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Embrace Struggle as an Art to be Mastered

Jesse Lyn Stoner Blog

My friend and former Microsoft CFO Frank Gaudette (now deceased) used to say: “I reserve the right to wake up smarter every day.” Guest post by Steven Snyder. Leadership is often a struggle.

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Stress + Loneliness = Disaster

Michael Lee Stallard

Like many people today, Erin Callan, the former CFO of Lehman Brothers, slowly slipped into a life where her job was #1, ahead of every relationship in her life. To have sufficient energy to work an exhausting schedule throughout the week, she spent weekends sleeping. Eventually she reached a point where what she did was who she was. When she left her job around the time of Lehman’s demise, she was devastated.

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10 Reasons Why Every Manager Should take a Finance Course

Great Leadership By Dan

Yes, you too can speak like a CFO! We just finished a “ Finance and Accounting for the Non-Financial Manager ” program this week for a large client. The audience was mostly engineers – program and project managers, the ones in charge of designing and making complex stuff. It was 3.5 days, which may seem like a lot, especially for a topic that has the potential to be deadly dry and boring. The participant’s comments and evaluations at the end of the program reminded me of why every.

Why Can't a CIO Be More Like a CFO?

Harvard Business Review

Unlike the world of the CFO, management and staff generally do what they like when it comes to creating and (not) disposing of information, creating a cavernous gap in accountability. Information governance is not IT''s job. But it should be the CIO''s job.

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Company Strategic Planning Agenda

Mike Cardus

Teams gather successes and progress made of 2013. CEO updates and successes of 2013. CFO $$ talk: Comparison of past to present financial Profit & Revenue. Strategic Planning Agenda. Below is a 1 day strategic planning workshop.

6 Important Elements of an Executive IDP Process

Great Leadership By Dan

The CEO then manages this portfolio of development plans the same way the CFO manages the company's financial assets. Leaders at the top of the organizational pyramid need ongoing development just as much as newly promoted supervisors. One of the challenges organizations face in developing their senior executives is the need for "mass customization".

Complimentary Resource – Communication Tools Your Business Can’t Live Without

Strategy Driven

Complimentary Resource – The CFO’s Cheat Sheet to Compensation Risk & Reward. Complimentary Resource – Summer 2013 Mood Tracker Report: Empowering Employees to Improve Performance. Communication Tools Your Business Can’t Live Without.

To bid or not to bid? That is the question.

Strategy Driven

Make an appointment with the CFO. “They get bids for everything and always take the lowest bid.”. They send out an RFP and I can never speak to the decision maker.”. “We’re We’re becoming a commodity. All they do is take the lowest bid.”. “It’s It’s the government.

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Mobile Payments and the 'Wow' Factor: Q&A With Square CFO Sarah Friar

Harvard Business Review

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.

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Cooperation and Outward Spiraling Success Loops

Mike Cardus

Was struggling with sales representatives and project managers turning in expense and budget reports on-time…They told me “We have tried everything and our CFO is tired to putting out fires for us.”. We know the Resistance Loop. For that loop to exist the Cooperation Loop must also exist.

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Nice Guys Can Finish First

Marshall Goldsmith

Who would you rather have as a CFO? The higher up you go – the more important your people skills become! by Marshall Goldsmith. Imagine a world where technical skills, educational pedigrees, even professional achievements and track records no longer matter. Everyone is blessed with equal brains and talent. Everyone is highly skilled, well educated at the same school, and locked in a dead heat of accomplishment, posting exactly the same “lifetime batting average.”Now,

Join the New Movement For A Better Life

The Idolbuster

In 2007, it would have been unthinkable that Erin Callan, then CFO of Lehman Brothers, would one day write about the regret she feels for putting the company first. I now believe that I could have made it to a similar place [CFO] with at least some better version of a personal life. Chapter 10: The People-First Life Part 16 (Conclusion). Busting Your Corporate Idol (Conclusion). I’m incredibly optimistic that the era of busting corporate idols is upon us.

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CMOs, Build a Relationship with Your CFOs

Harvard Business Review

But this makes the still lingering CMO-CFO disconnect even more significant, as both executives are now stewards of that critical corporate data. After having collaborated at David's Bridal to build a more effective marketing function (and actually enjoying it), we decided to share some of our observations, from both the perspective of the CFO (Gene) and CMO (Kimberly). In your preliminary discussions with the CFO, establish clear definitions, success criteria, and formulas.

Morning Advantage: Female Leaders Have Tempers, Too

Harvard Business Review

Sorry, CFOs: CEOs Don't Think You'd Make Good COOs (CFO). More than half of CEOs questioned said that their CFO would not make a good COO, and only 17% said that those already taking on some organizational responsibilities would be good in an official COO position. It seems as though Christine Quinn, a Democratic mayoral candidate in New York City, likes to yell.

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Employee Engagement Articles

Chart Your Course

Why Your CEO and CFO Should Care About Employee Engagement TLNT, 2013. For Majority of Workers, Vacation Days Go Unused Boston Globe, December 2013. Gallup’s Workplace Jedi on How to Fix Our Employee Engagement Problem Fast Company, June, 2013.

Why You Should Care About The Revenue Forecast

The Idolbuster

The President and CFO were hungry for revenue growth, and via a process that sounds a lot like groupthink, the executive team convinced themselves that “we should be able to make $10M on this product this year.” Chapter 9: Paint Your Environment: Part 5. As I argued in the last post , if you want the company to do the right thing, make sure you have a set of numbers to back it up.

The Three Decisions You Need to Own

Harvard Business Review

As Keith Sherin, then GE’s CFO put it, “This is where the growth is. This article is adapted from the HBR interview with Ram Charan, You Can’t Be a Wimp, Make the Tough Calls found in the November 2013 issue of HBR. CEOs face countless decisions.

Who New CEOs Fire First

Harvard Business Review

Certainly we know that heads of finance and HR tend to move around a lot more because the skills are very transferrable, and in fact it looks better for an HR executive or CFO to show a breadth of industry. They don''t necessarily know what a great CFO really looks like.

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Are We Asking Too Much of Our CIOs?

Harvard Business Review

Research from Dr. Rajiv Banker and colleagues at Temple University''s Fox School of Business found that organizations with cost leadership strategies and CIOs who report to the CFO have higher performance than peers with CIOs who report to the CEO. Why Can''t a CIO Be More Like a CFO?

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How CMOs Can Get CFOs on Their Side

Harvard Business Review

Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent). 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. Although the metrics matter, what matters more is that the CMO and CFO agree on them.

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Are You Considering a Job with Two Managers?

Harvard Business Review

For example, a divisional controller may report directly to the CFO and on a dotted line to the VP of the division; which ensures that the controller knows what the "internal customer" (the VP) needs as well as what the direct boss (the CFO) wants.

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Does Your CEO Really Get Data Security?

Harvard Business Review

How about this, the boardroom version of Sophie''s Choice: "Who would you rather fire, the CFO or the CSO?". Have you ever pondered what you''d ask the CEO if you were made chairman of the board for 10 minutes and could pose one question? You''d want to make it count.

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The Problem with the CEO’s Job Title

Harvard Business Review

An effective CEO makes things happen principally through his executive colleagues, aptly called “Chiefs” too: the CFO, CCO, and COO. The title Chief Executive Officer is something of a misnomer.

On a Terrible Team? Maybe You’re Making It Worse

Harvard Business Review

Even the CEO was in the action, asking the Board to let him terminate the CFO without addressing the issues directly with him. One member of the team, the CFO, realized that he was contributing to the problem. They had entered the room expecting that they would have a rockem-sockem no-holds-barred battle and here was the bully CFO short-circuiting it all with a heartfelt admission that he was a part of the problem. I was working away at my desk when the phone rang.

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IT Doesn't Matter (to CEOs)

Harvard Business Review

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.

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Tell Me Something I Don't Know About Women in the Workplace

Harvard Business Review

Women don''t get paid as much as men , and that includes at the CFO level : Even when women are initially paid more at hiring, their salaries trailed their male counterparts by 5% after two years.

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The Building Blocks of Successful Corporate IT

Harvard Business Review

Unfortunately, there''s a trend afoot to have CIOs report to the CFO , which relegates the position to a purely cost-centric, tactical role. The job of Chief Information Officer has never exactly been easy.

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The Real Power of Enterprise Social Media Platforms

Harvard Business Review

Why Can''t a CIO Be More Like a CFO? An unusual — and unusually rich — funding opportunity inspired researchers at MIT and several other top-tier research institutions to improvise a comprehensive multi-media proposal on a tight deadline.

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How to Have the IT Risk Conversation

Harvard Business Review

As one CFO told me, the phrase "IT Risk" contains two dirty words. I run a course at the MIT Sloan School called Essential IT for Non-IT Executives. Every time my colleagues and I come to the end of the course, we ask people what they considered the most important thing they learned.

Six Ways to Grow Your Job

Harvard Business Review

One of my students, a mid-sized company CFO, told me that every budget season he personally went through all the budgets to identify inefficiencies. In today’s resource-constrained environment, many of us are delivering 120% on the current demands of our job—but devoting little time to developing ourselves further or positioning ourselves for a future move.

Today's CIO Needs to Be the Chief Innovation Officer

Harvard Business Review

Why Can''t a CIO Be More Like a CFO? Enterprise IT as we have known it is rapidly becoming obsolete, and the traditional role of the CIO is increasingly irrelevant.

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The Rising Tide Lifts One Boat Most of All

Harvard Business Review

Ask your CFO if greater than 50% of their profit objective is a combination of population growth, raising prices (without real innovation), or cost cutting. "Kaiea" is Hawaiian for ''rising tide.'' I grew up in Hawaii, and "kaiea" is one of my favorite words.

Understanding the Stages of Retail

Harvard Business Review

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. When Ron Johnson took over the helm at J.

What Social Entrepreneurs Can Teach Your Company's Future Leaders

Harvard Business Review

At Allianz, the program was initiated and supported by the company CFO. As the business environment becomes increasingly complex and interconnected, few leaders express confidence in their companies' ability to adapt.

How to Ace an Internal Interview

Harvard Business Review

Mary Beth went through ten interviews over two months, first with HR, then with various people she''d be working with, and finally with the CFO. You''ve put your hat in the ring for a new position at your company and you just got word that you''ve been selected for an interview.

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How to Write the Dreaded Self-Appraisal

Harvard Business Review

He knows that his immediate boss (the company's COO), the CFO, and the head of HR all review his form and he gears it toward them. No one likes review time. For many, self-appraisals are a particularly annoying part of the process. What can you say about your own performance?

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Case Study: How to Integrate an Acquired Brand

Harvard Business Review

Later that afternoon Annabel Howard, Beacon''s CFO and Henry''s boss, leaned back in her chair. "I''m Henry Beyer walked up to a Mini Cooper in the city parking lot across the street from his office in downtown Houston. He waved his brand-new VillageCar card near the door handle and got in. "It

Cutting Costs Without Cutting Corners: Lessons from Banner Health

Harvard Business Review

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. System-level teams were enlisted to share best practices, and in early 2013, Banner launched a system-wide optimization program encompassing all of its 23 acute-care hospitals and healthcare facilities.

An Investigation of Online Reviews Uncovers a World of Lies

Harvard Business Review

Fortune It was perhaps this summer''s most chilling business story: the suicide of Zurich Insurance Group CFO Pierre Wauthier, who left a note condemning the company''s chair, Josef Ackermann. I Give This Blurb 3 Stars Operation Clean Turf and the War on Fake Yelp Reviews Businessweek Were the 19 companies accused of commissioning fake online reviews the only firms out there engaged in this nefarious practice? Mmm, no. Not likely. The U.S.

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