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. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

JULY 23, 2013

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. If the prospect of tackling the legacy problem is daunting, consider another finance-inspired concept: zero-based budgeting. Think like a parent.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

Marshall Goldsmith

FEBRUARY 8, 2018

Formerly a leader in the automotive, retail, restaurant, media innovation and consulting industries. Darek Lenart – Senior VP HR, Finance MasterCard. Feyzi Fatehi – An INC Magazine nominee, a pioneer in the Cloud industry, and the founder and CEO of Corent Technologies, Feyzi is also author of The 10x Innovation Revolution.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 11

CFO Charan Intangible Assets Human Resources 11

Harvard Business Review

MARCH 15, 2016

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. After all, it’s the CFO who typically sets expectations about growth to investors and then allocates resources to ensure their organizations deliver.

Short-term 8

Short-term Long-term CFO Wiseman 8

Harvard Business Review

NOVEMBER 25, 2013

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. One financial services CMO told us how CFOs typically perceive his function: “We’re going to give a certain amount of dollars to those guys. They’re going to make ads and do whatever it is they do.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

FEBRUARY 13, 2012

The CIO has to know what's going on in finance and marketing, for instance, and P&L experience is important even for support functions like human resources. A handful of industries are still local — waste management, for instance — but most companies are competing on a global scale at some level. soccer, for example.

Execution 15

Execution P&L CFO Globalization 15

Harvard Business Review

JULY 8, 2013

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. But general counsel is a little different, because legal issues are often more specific to the industry.

CEO 10

CEO CFO COO Industry 10

Harvard Business Review

APRIL 16, 2012

This raises the question of whether retaining strategic cash makes economic sense and should be viewed as a legitimate corporate finance tool in today's environment. Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. Arguments for Strategic Cash. It can: Save Taxes.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

JANUARY 4, 2011

it's the behavior of industrial age institutions — corporations, banks, governments — that's the invisible fist of this great crisis. The strategy group's job is to ensure that the organization is maximizing its payoffs, thus creating value for shareholders — so industrial age, so selfish, so myopic, so boring.

Organization 15

Organization Finance Senge Long-term 15

Harvard Business Review

OCTOBER 1, 2018

” In finance, for example, that might mean believing — based on no evidence — that only MBA graduates from an elite university are likely to succeed at their jobs. The company’s CFO asked a crowd of the company’s most accomplished finance leaders to raise their hand if they had attended an Ivy League school.

Power 12

Power Management Diversity CFO 12

Harvard Business Review

AUGUST 23, 2012

For highly regulated sectors like finance, social media can be a legal minefield. Just ask Gene Morphis, ex-CFO of clothing retailer Francesca's. Go to LinkedIn and do a search for people currently employed by your enterprise," says social compliance strategist and financial industry veteran Mike Langford.

Compliance 15

Compliance Media Compliance Officer Policies 15

Harvard Business Review

DECEMBER 25, 2014

Nance Dicciani, to head our European operations in 1999 (first in the senior ranks in our industry to hold such a senior position); a Venezuelan (Rueben Salazar) and Korean (YiHyon Paik) to head our operations in Japan; an African-American (Charles Hill) as CFO of our subsidiary in Japan; and the list goes on and on.

Team 12

Team Diversity CFO TSR 12

Harvard Business Review

FEBRUARY 10, 2015

Japan’s Ministry of Economy Trade and Industry published The Ito Review in 2014 which points to integrated reporting as a way to combat “short-termism.” The CFO of Halogen Software, Pete Low, said “Given the strategic relevance of HR information, it’s timely that companies are working on enhanced reporting.

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

NOVEMBER 30, 2018

The challenge is that you’re competing against every individual in your industry who wants to be a high performer. If you want to be a chief financial officer (CFO), identify five CFOs who you admire or who are well regarded in your industry. Interview the best in your field, not just the best in your company.

Career 8

Career Chief Financial Officer Supply Chain Chief Information Officer 8

Harvard Business Review

MAY 1, 2011

And Mark Perry , a professor of economics and finance at the University of Michigan, puts it in perspective with a handy chart.). Another said we provide a lottery for a small number of plum jobs in consulting and finance. The doom-and-gloom scenarios always struck me as overly pessimistic. Others mentioned signaling value.

Education 15

Education Human Capital Class CFO 15

Harvard Business Review

OCTOBER 11, 2018

trillion on health care , or more than $10,000 per person, which is twice as much as any other industrialized country. Ascension centralized functions such as human resources, payroll, travel services, and finance, thereby streamlining operations and saving costs. Bjarte Rettedal/Getty Images. America spends $3.3

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

AUGUST 15, 2013

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. Boards should require that CEO candidates demonstrate not just knowledge of finance and marketing but also a technology aptitude.

CEO 8

CEO CIO Technology CFO 8

Harvard Business Review

JANUARY 30, 2013

2, behind the late Steve Jobs, with an industry-adjusted shareholder return of 12,266% during his tenure. Well, he's a hedge fund veteran who has always taken a skeptical view of Wall Street, treating it more as a loopy rich uncle than the efficient information processor of standard finance theory. In Morten T. Nobody complains.

Training 10

Training Bond Christensen Long-term 10

Harvard Business Review

SEPTEMBER 28, 2012

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? Does our data suggest exciting investment options in adjacent or complementary industries?

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

FEBRUARY 25, 2014

She explained that BrainGame’s current backers had been asking about growth plans, and Lena was pitching new groups for a new round of financing in two weeks. Our story is perfect now: Small company takes on the gaming industry, fueled by the hard work of people who care about the cause. Everyone’s wondering how we’re going to scale.

Company 9

Company CFO Proposal Engineering 9

Harvard Business Review

OCTOBER 11, 2013

Densmor, Terranola’s CFO, saw those words on Twitter about one minute after Hughes had uttered them. As CFO, A.J. But when his marketing chief got a tip that a global snack industry website was about to publish an interview with Hughes about Terranola, A.J. An agitated Henry burst into his office only a few seconds later.

Case Study 8

Case Study CFO Hedge PR 8

Harvard Business Review

SEPTEMBER 21, 2015

Lotta Tindal, the chief marketing officer for the Dutch hospitality group Ervaring Hotels & Resorts, hadn’t wanted to come to the presentation, but Gerard Bakker, Ervaring’s CFO, had twisted her arm. “This is about trying to shake up the industry. trillion travel industry. “I don’t know. .

Case Study 8

Case Study Travel Hotels NPV 8

Harvard Business Review

JUNE 6, 2016

He was the CFO of their company, a software start-up with about 75 employees. They were at a conference, with industry contacts all around, using their corporate expense accounts. He led the finance team. Yes, Elizabeth had flirted back. They’d had more than one drink. But she knew better than to take it any further.

Case Study 8

Case Study Conference Hotels COO 8

Harvard Business Review

DECEMBER 11, 2018

In fact, only eight percent of companies’ CEOs believe that their business model will remain economically viable if their industry continues to digitize at its current course and speed. What they realize is that they’ve always treated finance and financial management as a tier-one asset. Think about that, Angelia.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

OCTOBER 31, 2011

When his father, Terry, opened the first Coe's back in the 1950s, he certainly hadn't set out to enter a countercyclical industry. Back at the office, Stan stopped by to see his CFO, Carl Amirault. "Everyone else I know is talking about layoffs, not grand openings.". Stan felt lucky, too. in big white letters. A Prudent Path.

Case Study 10

Case Study Marketing Real Estate Retail 10

Harvard Business Review

DECEMBER 8, 2016

Listening, Derek Melis, his friend and CFO, was relieved. Please don’t let that cloud your judgment as CFO. ” “As the CFO, I can’t lose sight of what’s going on in each country.” It hits our collective reputation and our finances.” Decentralization is the norm in this industry.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

JULY 29, 2014

In Sarah’s opinion, the problem was obvious: Sid Yerby, the CFO. The young and inexperienced CEO confessed that he often felt uncomfortable asking tough questions of the CFO, an industry veteran who was 10 years his senior. had pulled her aside and asked her to stop arguing with the CFO. had grown distant. Betsy asked.

Case Study 9

Case Study Real Estate CFO Letter 9

Harvard Business Review

JANUARY 24, 2013

Everyone understands this kind of risk taking is core to any business (financial or industrial or consumer) and obviously will not always be crowned with success. And almost no one has focused on the relationship between JPM's problems, the past failings in the financial sector and the issues for the sector in the future.

Report 8

Report CIO Crisis Committee 8

Harvard Business Review

AUGUST 22, 2014

company takes on the legal identity of foreign subsidiary, usually in order to reduce its taxes — has become about as controversial as corporate finance topics get. go to the system that almost all other industrial nations have of just taxing people where they earn the money. The corporate inversion — when a U.S. It’s driven many U.S.

Globalization 8

Globalization CEO System Offshoring 8