article thumbnail

Be an Advocate for Yourself :: Women on Business

Women on Business

Mentoring is defined as career advice and guidance and sponsorship is advocacy. o Make sure your position has P&L responsibility. Usually sponsors have more senior positions than mentors, and it is their responsibility to advocate for an individual and pull them up the ranks to a top level position in the company.

article thumbnail

Even “bad” cultures get some things right

Surviving Leadership

Much of the advice goes beyond traditional “HR” or “talent” suggestions – which I appreciated. The CFO update in particular was excellent – we learned how the company measured financial success, how to read a basic P&L, and what variable costs employees could help control in their jobs.

CFO 58
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bring Back the General Manager

Harvard Business Review

Two decades ago, organizations were designed around stand-alone business units, so all managers had to understand finance, technology, manufacturing, sales, marketing, strategy, human resources, and more. If successful, they then were given responsibility for increasingly larger businesses.

article thumbnail

Case Study: The Gentleman's 3

Harvard Business Review

Between the inner and outer doors of Circale Corporation's headquarters building, human resources VP Nils Ekdahl crossed paths with CFO Anita Fierst as he was leaving for lunch. "We The best way to evaluate an employee is to look at his unit's P&L. If there's no relevant P&L, you're pretty much flying blind.".