Strategy Driven

MARCH 20, 2021

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. People may be partial to the bank’s existing way of doing things, especially for major tasks like financial analysis and reporting.

Technology 70

Technology Chief Financial Officer Banking Chief Technology Officer 70

Great Leadership By Dan

DECEMBER 1, 2016

Christian Hoogerheyde, a project manager at Socrata, a Seattle-based cloud software company, says his Icelandic guide’s social skills “serve as a lesson to me every time I try to establish a new client’s trust.” Deborah Horn, a manager at Microsoft, found that her climb was cut short by a fierce storm. “At It’s about showing them.”

Leadership Styles 120

Leadership Styles CFO Learning-by-Doing Self-aware 120

Tanveer Naseer

MAY 10, 2016

One of the hottest themes in management and leadership today is the importance of understanding the introvert at work. The research I’ve done shows that about 25 to 30 percent of CEOs are introverts,” explains Karl Moore, associate professor of strategy and organization at Desautels Faculty of Management at McGill University.

How To 100

How To Diversity CFO Education 100

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. This critical alliance needs and deserves much greater analysis and application.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Strategy Driven

FEBRUARY 20, 2019

The ongoing federal investigation of three Equifax C-suite managers for insider trading arose due to alleged stock dumping prior to the revelation of the company’s catastrophic cyber-attack. Make no mistake: this problem is only getting worse.

Chief Technology Officer 77

Chief Technology Officer Short-term How To Long-term 77

The Horizons Tracker

MARCH 15, 2020

There’s no manager to select team members, much less to assign them the roles they’ll undertake. Who would be CFO or COO? The original INSEAD analysis suggests that the picture is somewhat more complex than that, and indeed the team and the idea are mutually reliant upon each other. Assigning roles. Who would be CEO?

Team 85

Team Entrepreneur COO CFO 85

Strategy Driven

NOVEMBER 22, 2016

You can either ramble on about all the data you’re gathering and the analysis you’re doing or you can give them a brief yet powerful explanation of the idea you’re pursuing and why it’s exciting. The CFO will care about profits. The CFO might be interested but would wonder how profitable those sales will be.

Metrics 50

Metrics CFO Chief Financial Officer Marketing 50

Harvard Business Review

MARCH 23, 2015

Most finance managers in both large and small businesses encounter numerous proposals for capital investments and many of the people proposing these investments don’t have a clear picture of what the return will be. Do you think they’re going to do a net present value (NPV) analysis that shows they don’t need that computer?

Finance 8

Finance NPV CFO ROI 8

Harvard Business Review

OCTOBER 1, 2018

Many managers want to be more inclusive. For the most part, managers are not given the right tools to overcome the challenges posed by implicit biases. But this demands a lot of cognitive energy, so over time, managers go back to their old habits. Run a gap analysis. PATRIK STOLLARZ/Getty Images.

Power 12

Power Management Diversity CFO 12

Harvard Business Review

JULY 31, 2017

Housing market price changes can be more accurately predicted from analysis of Google searches than by a team of expert real estate forecasters. One area so far relatively untouched is change management. But before that can happen, we have to understand why data has failed to catch on in change management to date.

Marketing 8

Marketing Root Cause Analysis Management Supply Chain 8

Harvard Business Review

JANUARY 11, 2016

The 1990s saw the rise of the strategic CFO, and more recently many companies have created a chief strategy officer (CSO) position. Such friction is destructive — and a huge missed opportunity, because the CFO and the strategy head are far more effective when they collaborate. Tapping the most promising growth spots.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

NOVEMBER 9, 2018

.” Pandas look innocent, but their powerful jaws deliver a bite stronger than a jaguars’ Pandas can be painfully costly to individuals whose careers stall for reasons unbeknownst to them and to organizations and managers unable to develop talented leaders to their full potential. 28% related to communication style.

Career 15

Career CFO Sample Execution 15

Harvard Business Review

OCTOBER 9, 2014

All managers want to hire people with discipline, determination, and drive. Half are C-Suite level executives, meaning that they serve as CEO, CFO, COO or the board of directors at a company. Women executives are no different. Of these top executives, over half (52%) played a sport at the college or university level.

Sports 16

Sports COO CFO Participative 16

Strategy Driven

JANUARY 28, 2011

Dirty Little Secrets offers dozens of examples to clarify precisely how buying decisions can be facilitated through the right kind of questions, including an in-depth case study of a marketing manager who recognizes the need for a better website and wants to bring in an external design team. The result?

Servant Leader 50

Servant Leader Newsletter Resources CFO 50

Harvard Business Review

JULY 19, 2012

Strategy has become more about formulation than implementation, and more about getting the analysis right at the outset than living with a strategy over time," Montgomery says. Who Owns Risk Management? The right way to lead strategy requires confronting four questions: What does my organization bring to the world?

CFO 20

CFO Discount Price Cost 20

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. The CFO's skepticism was proved correct, and I lost all credibility. The machines were given to a friend, who sold them at a garage sale (I couldn't throw them away, because the CFO wouldn't authorize the $50 per machine "green" disposal fee.).

Technology 15

Technology CIO CFO TCO 15

Harvard Business Review

MAY 28, 2018

Nikon, the legendary Japanese camera maker, provides a textbook study in how smart managers can work with strategic investors to transform a struggling business. Then a new CFO joined the company: Masashi Oka, a financial industry veteran who had played a key role in transforming Mitsubishi UFJ Financial Group-owned Union Bank in the US.

Company 8

Company ROIC CFO Restructuring 8

Harvard Business Review

JULY 25, 2017

Marketing ROI analysis can help answer those questions. While MROI is not usually public information, managers can use published financial statement data to estimate MROI for a competitor. In this case, managers need to measure how much profit was retained that would have been lost without the marketing program.”

ROI 8

ROI Marketing Marketing Mix Short-term 8

Harvard Business Review

AUGUST 29, 2016

Success was measured quantitatively by the firm’s performance (profit and growth) vs. that of its competitors, and also qualitatively by interviews with senior executives who were involved, but not deeply invested, in the efforts (typically the CFO). In all too many cases, the CEO devoted little time to trying to manage this dynamic.

CFO 9

CFO Competitive Advantage Budgeting CEO 9

Harvard Business Review

JULY 19, 2012

Strategy has become more about formulation than implementation, and more about getting the analysis right at the outset than living with a strategy over time," Montgomery says. Who Owns Risk Management? The right way to lead strategy requires confronting four questions: What does my organization bring to the world?

CFO 10

CFO Discount Price Cost 10

Harvard Business Review

FEBRUARY 18, 2011

One of the biggest challenges they face is how to manage a diverse group of people across a broad geographic scope. At Hartwell Pacific, the global metal recycling company I founded in 1993 and exited in 2008, I was operating factories in six different cities in four countries, so developing an effective global management system was critical.

P&L 15

P&L Globalization CFO Operations 15

Harvard Business Review

MAY 23, 2018

As part of this research, we conducted 120 interviews, including nine with board members and 19 with top managers. This bold strategic leap was, we found, in part facilitated by Nokia’s newly appointed board who actively attended to top managers’ emotions in 2012-2013.

Strategy 8

Strategy Analysis Operations CFO 8

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

SEPTEMBER 27, 2013

Then there''s the advice from "thought leaders," whose writing sometimes "reads like management-speak Mad Libs.” 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.

Review 8

Review CFO PR Analysis 8

Harvard Business Review

MAY 5, 2014

Here are two quick (disguised) examples: Sheila was an up-and-coming manager at a well-known manufacturing company. Eventually, her team built a portfolio that caught the interest of the CFO and the CEO, and soon she was meeting regularly with them. Howard was a high-potential manager at a large life sciences firm.

Supply Chain 8

Supply Chain CFO Performance Review Construction 8

Harvard Business Review

SEPTEMBER 11, 2017

Set up a simple workflow to manage customer requests. This won’t be a “Chief Customer Officer” or a “Customer Success Manager.” The expanded focus on the customer requires a different type of leader who can manage both the existing team, and build your customer success function. What to do.

Metrics 13

Metrics Engineering Efficiency Learning-by-Doing 13

Harvard Business Review

APRIL 6, 2011

In this case, the answers were not there, the effort was stopped, and a new management team took over. The analysis and design phase of a "bet your company" process change needs to be done thoroughly. The management team was running short of patience for results and wanted me to help them bring changes to fruition.

Process 14

Process Six Sigma Finance Short-term 14

Harvard Business Review

DECEMBER 17, 2015

Senior management encouraged the employee’s creativity and coached her on how to implement her idea. Good Shepherd’s CFO, Greghan Fischer, for example, saw strong potential in Yan Li, a quietly competent member of her finance team. The organization would match these contributions, turning teachers into fundraisers.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

DECEMBER 26, 2014

We have reviewed hundreds of corporate announcements and websites, interviewed numerous leadership experts, and conducted an analysis of CEO changes and successions over the past five years at S&P 500 and Global 100 companies. Through this effort, we have observed certain characteristics of this emerging trend.

CEO 12

CEO Contingency Plans Telecommunications Planning 12

Harvard Business Review

NOVEMBER 9, 2012

A recent study (also from IBM) indicates that more than 70% of CMOs feel they are underprepared to manage the explosion of data and "lack true insight.". 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."

CIO 8

CIO Chief Information Officer Norton Technology 8

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. The collaboration, which the NGO Forum for the Future is managing, has high aspirations. And it’s not just happening at Target.

Productivity 8

Productivity Products Chemicals Retail 8

Harvard Business Review

OCTOBER 11, 2013

When the well-known hedge fund manager and short-seller Jeremiah Hughes first put Terranola in the spotlight, issuing ominous warnings about unsold products, a looming patent expiration, and flawed growth projections, the considered judgment of the executive team was to do nothing. “I As CFO, A.J. Doom and Gloom. Confident words.

Case Study 8

Case Study CFO Hedge PR 8

Harvard Business Review

SEPTEMBER 22, 2011

Your CFO and finance team can take a leadership role here. Unless line managers and finance really believe in the link between customer feedback and business outcomes, your incentive system won't last long. The company's managers felt helpless and frustrated. Several managers advocated dropping the system.

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

DECEMBER 19, 2013

This bias also explains why a CFO may be perceived as cheap by disposition or why a team might attribute its internal conflicts to incompatible personalities instead of resulting from organizational incentives to compete rather than collaborate with one another. Talent management'

Human Capital 8

Human Capital Constraint Politics Incentives 8

Harvard Business Review

NOVEMBER 1, 2013

A study of CFO surveys shows that corporate financial professionals are way too sure of their ability to predict the future. Over the course of a decade, the CFOs were asked to state the range of one-year stock-market forecasts that they thought would lead them to be right 80% of the time. But do they?

CFO 8

CFO Survey Globalization Document 8

Harvard Business Review

JULY 2, 2013

What could be easier than chatting with managers you already know? Too many candidates, and hiring managers, shortchange the internal interview process; they view it as a formality and think that all of the evidence is already there. Lees suggests you ask for your manager''s advice on how to best pitch yourself for the position. "If

How To 10

How To Reputation Case Study Career 10

Harvard Business Review

APRIL 30, 2015

You’ve got an idea for a new product line, a way to revamp your inventory management system, or a piece of equipment that will make your work easier. Then the management team takes that number and decides on the discount rate, or hurdle rate, that you have to exceed to justify an investment,” he says. Babo Schokker.

Cost of Capital 8

Cost of Capital Cost Finance Discount 8