How the CFO and General Counsel Can Partner More Effectively

Harvard Business Review

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). Ethics.

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The Seven Signs of Great Leadership

Great Leadership By Dan

As Craig’s CFO and CAO, I always appreciated this leadership style. Build great teams In the early dark days as CFO of Footlocker, we had a struggling company that was deeply in debt.

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Competence, Commitment, and Character

Lead Change Blog

“Cash is kind” was the CFO’s favorite go-to line when vetoing spending requests. Ethical corners were cut. Hang onto generosity, reciprocity, and ethical commitments. ? The CEO always agreed. Therefore, over time, “make money” became the company’s informal mantra. Over time, company culture changed too. Legal lines were crossed. Compliance became the norm, as did cutthroat competition. Money became the only yardstick by which success was measured.

These Are the People You Need on Your Startup Team

Chart Your Course

Business leadership researchers tell us that the best traits for your CFO are emotional stability and global ethics. In the days after the Sarbanes-Oxley Act of 2002 (SOX), a chief executive cannot hide behind the acts of the CFO.

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January 2017 Leadership Development Carnival

Lead Change Blog

Jesse Lyn Stoner of the Seapoint Center shared Do an Ethics Check to Navigate the Gray Zone. Jesse Lyn recaps, “It’s easy to know what’s ethical when your choices are clear-cut. Ethical decision-making can be challenging in our personal lives.

Leadership and Product Management

Lead on Purpose

Smart product managers know the value of having allies in the CFO’s office.

Developing The CEO Within You.

Rich Gee Group

For some positions (CFO, CIO), all their hard work to make it to the table is now useless when they need to use skills other than IQ: Communication – Communicate clearly and concisely.

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

Strategy Driven

Let me give you the good news, and the sales news… There are several strategies you can employ to get around the bidding process, or legally and ethically change the bidding process. Make an appointment with the CFO. “They get bids for everything and always take the lowest bid.”.

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Why We’re Seeing So Many Corporate Scandals

Harvard Business Review

Second, they don’t consider at a human level how their stated strategic intents shape the acceptable ethical boundaries for those who must turn those intents into reality. ” Given the archaic structures and processes, and without repeated, clear guidance on “what we don’t ever risk,” is it any surprise that decisions about ambiguous options subsequently turn out to be ethically compromised? Ethics Digital Article

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Three P's of business success

Lead on Purpose

Too often we leave the worries and cares about money to the CFO’s office.

Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

Sanyin Siang – Executive Director of the Duke University Fuqua/Coach K Center on Leadership & Ethics (COLE). Facebook’s first HR hire, she has led global people programs, been an HR Business Partner, and CFO. Dear Friends, Greetings from Rancho Santa Fe!

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Avon CEO Andrea Jung Takes Seat on Apple's Board :: Women on Business

Women on Business

She’s taking over the seat formerly occupied by Apple’s former CFO, John Anderson, who resigned amidst a stock options backdating scandal.

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Female Leadership on the Decline in Canada :: Women on Business

Women on Business

CEO, CMO, COO, CIO, CFO, etc.),

The Never-Ending Meeting :: Women on Business

Women on Business

It’s not rocket science, but it is surprising how many CFO’s and managers don’t stop to evaluate the effectiveness of their meetings.

Craft a Remarkable Personal Brand Statement! 29 Steps & Examples

Miles Anthony Smith

Great leaders often align their leadership values with personal beliefs and ethics of their own. Graham Keen "Inspirational CEO/CFO turned positive-psychologist resiliently transforming businesses & financial performance."

Why Executives Should Talk About Racial Bias at Work

Harvard Business Review

As the CFO of a well-funded IPO-bound company, Dan had many years of experience and he had the results to show that he had outworked and out-delivered many of his internal and external counterparts. He pounded his fist on the table that Dan was his chosen CFO and that they were a package deal.

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Executives Must Talk About Racial Bias at Work

Harvard Business Review

As the CFO of a well-funded IPO-bound company, Dan had many years of experience and he had the results to show that he had outworked and out-delivered many of his internal and external counterparts. He pounded his fist on the table that Dan was his chosen CFO and that they were a package deal.

IPO 16

Research: More Than Half of Top Female Execs Were College Athletes

Harvard Business Review

Half are C-Suite level executives, meaning that they serve as CEO, CFO, COO or the board of directors at a company. The executive women also put a premium on the discipline honed by sports, which they see translating to a person’s determination and work ethic. All managers want to hire people with discipline, determination, and drive. Women executives are no different.

A 3-Step Plan for Turning Weaknesses into Strengths

Harvard Business Review

Yan Wang, the former CFO of VitalSmarts, didn’t survive Mao’s China by taking outlandish risks such as questioning those in positions of authority. As our CFO, she did impeccable work with the highest ethical standards. But challenging the status quo was deeply unsettling to her — especially if it meant critiquing the actions of one of our company owners.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

Employees and other constituents should expect HR to hold leaders accountable for fiduciary and strategic risks, just as a CFO would be expected to hold leaders accountable for a risky pattern of using corporate funds or resources. As my colleague Ian Ziskin has noted, an entrepreneurial, agile, and performance-driven culture is not a substitute for an ethical, courageous, and people-friendly culture.

Your Company Needs a More-Radical Board of Directors

Harvard Business Review

Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? What’s a typical independent director’s worst nightmare?

Case Study: Is It Teasing or Harassment?

Harvard Business Review

She and Bernhard had been chatting with a few of his colleagues at the party when Dirksen-Hall’s CFO, Harold van der Linde, approached. She clicked on a few links and found documents outlining the company’s ethics policies and grievance procedures.

When Transparency Backfires, and How to Prevent It

Harvard Business Review

In several survey studies, we demonstrated that when employees perceive their leaders as too ethically driven, they demonstrated the same negative behaviors that were shown when leaders were perceived as very unethical. Sunlight, as the saying goes, is the best disinfectant.

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?". It may end up someplace where laws, regulations, and ethics are highly questionable.

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Win the Pitch: Tips from Mastercard's "Priceless" Pitchman

Harvard Business Review

We all make pitches every day — for that highly-prized account; to a client who's reluctant to accept your scary proposal; for a skeptical CFO to loosen the purse strings; or for a wary new team to believe in you.

What If Google Had a Hedge Fund?

Harvard Business Review

Every CEO, CMO, CFO, and business unit leader should ask themselves these questions: If I decided to launch a hedge fund based solely on the data our business generates, what kind of financial opportunities immediately suggest themselves? Yes, this exercise will surface all manner of ethical — and possibly legal — conflicts and risks. Google's Sergey Brin knows a multibillion investment opportunity when he sees one.

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The Two Most Interesting Things You’ll Read This Week Are About Corporate Taxes

Harvard Business Review

A study of CFO surveys shows that corporate financial professionals are way too sure of their ability to predict the future. The Prophet Pacific Standard Is it ethical to charge people money in exchange for telling them that their debt is their own lazy fault?

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How to Use Psychometric Testing in Hiring

Harvard Business Review

If a company wanted to use astrology to pick a Scorpio instead of a Libra as the new CFO, there wouldn’t be any legal risks to doing so (as long as there wasn’t any correlation between astrological sign and candidates’ membership in “protected” classes of people). But there are both ethical and pragmatic benefits to sharing results, regardless of whether a candidate receives or accepts an offer of employment.

How to Use Psychometric Testing in Hiring

Harvard Business Review

If a company wanted to use astrology to pick a Scorpio instead of a Libra as the new CFO, there wouldn''t be any legal risks to doing so (as long as there wasn''t any correlation between astrological sign and candidates'' membership in "protected" classes of people). But there are both ethical and pragmatic benefits to sharing results, regardless of whether a candidate receives or accepts an offer of employment.

Is Overwork Killing You?

Harvard Business Review

A seasoned CFO with a sharp mind and an abrasive style, Arthur had lost his job over a disagreement with his company’s new CEO. Kenneth Andersson for HBR. Every time the conversation turns to overwork, which is often these days, I think of Arthur (a pseudonym).

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Samsung, Shame, and Corporate Atonement

Harvard Business Review

Andrew Fastow, the former CFO, was sentenced to six years in prison. A more authentic CSR program and a more public commitment to ethical leadership by the controlling Lee family would signal to the government and the public that Samsung is taking change to heart. For the past several months, South Korea has been roiled by accusations of corruption in its government and major businesses.