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Cooperation and Outward Spiraling Success Loops

Mike Cardus

The finance team in a Health Care Company. 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.”. The finance team in groups of 3 flip charted those responses.

Cooper 139
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Shifting Finance from Controlling to Improving

Harvard Business Review

It's difficult to get senior executives who have been successful managing a particular way to realize that they need to change their approach. Yet this is exactly the challenge facing leaders of the finance function who are asked to help their organization improve the way that work is done. Getting the CFO on board is key.

Finance 10
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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

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.

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How CFOs Can Take the Long-Term View in a Short-Term Economy

Harvard Business Review

Investors are increasingly seeking firms with long-term growth strategies, rather than ones focused on managing short-term earnings to boost the stock price. This, in turn, is triggering a shift in the perceived role of the CFO — from bean counters to planters of seed corn. Redefining the CFO role. ” Many did.

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Social Media Compliance Isn't Fun, But It's Necessary

Harvard Business Review

For highly regulated sectors like finance, social media can be a legal minefield. These hurdles aren't unique to financial services — insurance, pharmaceuticals, health care and government all face regulation, to name a few examples. Just ask Gene Morphis, ex-CFO of clothing retailer Francesca's.

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When Investors Want to Know How You Treat People

Harvard Business Review

Australia’s main CFO forum, the G100 , has shown interest in the topic and even published a paper offering broad support for integrated reporting, arguing that “corporate reporting reform is underway and CFOs should seize the opportunity to drive the reporting agenda.”

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Case Study: An Angel Investor with an Agenda

Harvard Business Review

Aside from stocks, he dabbled in an activist brand of angel investing: holding large stakes and board seats in several start-up health care businesses, all based in Spain. She didn't doubt the franchise owner's commitment to high-quality, holistic care; he was a star pupil in the most recent training course at headquarters.