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

Harvard Business Review

MARCH 23, 2015

If you want approval for a new project — purchasing new equipment or computer systems, applying for a patent, building a new store — chances are you need your company’s finance department on board. To get the green light, it helps to understand how finance people think. Finance & Accounting Tool.

Finance 8

Finance NPV CFO ROI 8

Harvard Business Review

OCTOBER 26, 2011

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 11

Finance CFO Budgeting Operations 11

N2Growth Blog

JUNE 29, 2010

Creating a framework for decisioning, using a published delegation of authority statement, encouraging sound business practices in collaboration, team building, leadership development, and talent management will all help even out the uneven.

Blog 281

Blog Brand CEO Consultative 281

Marshall Goldsmith

FEBRUARY 8, 2018

Thinkers50 – World’s Most Influential Management Thinkers. Called ‘The Academy Awards of Leadership’ by the Economist, Thinkers50 is the world’s most reliable resource for identifying, ranking and sharing the leading management ideas of our age. World authority on project management. Co-author: Predictable Magic.

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

JUNE 8, 2018

This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course. So, investors, and therefore managers, might be adjusting their approach to risk accordingly. One CFO said that her valuation should be considered on a per idea basis instead of a per earnings multiple.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

MARCH 2, 2017

” The management literature is overflowing with advice on becoming the boss. With transparency in succession planning becoming a priority, career management for senior executives becomes easier. You can be stronger at one of them, but you need to know how to manage both.

CFO 8

CFO How To CIO Finance 8

Harvard Business Review

MARCH 6, 2013

But this makes the still lingering CMO-CFO disconnect even more significant, as both executives are now stewards of that critical corporate data. We found that we shared a passion for finance, the stock market, innovation, and marketing (and, candidly, politics). Figure out the definitions. Some customers could misinterpret the offer.

CFO 8

CFO Advertising Finance Marketing 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

Strategy Driven

OCTOBER 21, 2011

Forced to do more with much less, the small businesses that have managed to survive and even thrive during these tough times have recognized one important factor: You can’t always compete on price, but you can compete on service. economy is still in a deep funk, and for many small business owners that means business isn’t exactly booming.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

Harvard Business Review

AUGUST 5, 2016

Under this financing structure, the company contracts to buy kilowatts, not the turbines and panels. They had framing conversations with the CEO and CFO early on to discuss any financial or operational challenges. The Texas site alone produces more energy than what Owens Corning uses across its significant Texas operations.

Energy 8

Energy Industry Finance CFO 8

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 management team was running short of patience for results and wanted me to help them bring changes to fruition. Process champions must have them ready for the day when the CEO or CFO effectively says, "Show me the money.".

Process 15

Process Six Sigma Finance Short-term 15

Harvard Business Review

APRIL 16, 2012

To enhance financial flexibility, companies have been retaining unprecedented amounts of cash on their balance sheets, calling it "strategic" cash to distinguish it from the "operating" cash that is needed to run the business. Arguments for Strategic Cash. It can: Save Taxes. Facilitate Investments. Arguments Against Strategic Cash.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

OCTOBER 18, 2018

Lance was struck by what he saw in CFO Damon Ewen’s file. His CFO and his sales chief had been at loggerheads for a while. After all, sales and finance were often at odds in organizations, and the conflict hadn’t had a big impact on Barker’s revenues. I’m the CFO and he’s in charge of sales.

Case Study 13

Case Study Team CFO Merchandising 13

Harvard Business Review

DECEMBER 25, 2014

In the case of Rohm and Haas this process began in earnest in 1985 with the appointment of a Greek national, Dr. Basil Vassilou, to head our operations in Europe; followed by a Cuban, Henri Martinez, heading our Latin American operations starting in 1988; an Indian American (myself) heading up Asia Pacific operations in 1993.

Team 12

Team Diversity CFO TSR 12

Harvard Business Review

SEPTEMBER 29, 2011

Virtually all leaders espouse the benefits of a strong management team. These differences in philosophy and approach frequently differentiate those who advance to and succeed at the executive level — and those who stay in the ranks of middle management. However, they use starkly different levers to build one. Don't get me wrong.

Execution 14

Execution Team Chief Financial Officer Finance 14

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. “At most companies, the cost of capital is a mechanical calculation done by the finance people. Finance & Accounting Tool. Babo Schokker. Joe Knight. Add to Cart.

Cost of Capital 8

Cost of Capital Cost Finance Discount 8

Harvard Business Review

DECEMBER 17, 2015

Education crowdfunder DonorsChoose.org, which finances classroom-based projects, is a good model of success. For example, Cesar Bocanegra started as VP for operations, then asked to take on human resources as well. Senior management encouraged the employee’s creativity and coached her on how to implement her idea.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

FEBRUARY 20, 2013

They too have struggled to operate in complex environments, and have developed the skills and expertise to overcome these challenges. Access to finance , designing operational processes and systems , and building strong, talented management teams are just a few obstacles that many cite.

Entrepreneur 8

Entrepreneur Company Six Sigma Franchising 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.” Strategies like outsourcing, hiring lower-cost people, or exotic employment offer tempting cost savings to the finance-minded folks. What to do. What not to do.

Metrics 14

Metrics Engineering Efficiency Learning-by-Doing 14

Harvard Business Review

OCTOBER 10, 2013

The chief financial officer (CFO) role rose to prominence in the mid -1980’s as pressures for value management and more transparent investor relations gained traction. Today, as the power of data and analytics profoundly alters the business landscape, companies once again may need more top-management muscle.

Chief Financial Officer 8

Chief Financial Officer Information Technology Metrics CFO 8

Harvard Business Review

SEPTEMBER 22, 2011

In most larger companies, you'll need to generate roughly 200+ responses per operating unit per period. 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.

Incentives 10

Incentives Sample Customer Loyalty Metrics 10

Harvard Business Review

SEPTEMBER 28, 2012

Google may not have a hedge fund, but it's unlikely that high IQ hedge funds aren't using Google's data to better manage their own situational awareness and risk. But that mind-set's simply too focused and operational. An HBR Management Puzzle. That's the essence of the Big Data business case. BIG DATA INSIGHT CENTER.

Hedge 15

Hedge Core Competence CFO ROI 15

Harvard Business Review

DECEMBER 11, 2018

If you or I were the CFO of a manufacturing company, and we were in a board meeting, and the board asked, “What is your manufacture and capacity utilization?” The first is this notion that the challenges at work, the challenges of managing modern work, really are a crisis. Think about that, Angelia.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

FEBRUARY 20, 2014

They can be all sorts of people – introverts, extroverts, operations-oriented folks, great sales people, men, or women. The CEO leaves a meeting at the office with the CFO, his daughter, and he goes home to her mother, his wife and joint owner of the business. Leaders who thrive in this environment embrace and use this messiness.

How To 8

How To CFO Execution Learning-by-Doing 8

Harvard Business Review

APRIL 9, 2015

” Jeff Weiss, a partner at Vantage Partners, a Boston-based consultancy specializing in corporate negotiations and relationship management, and author of the HBR Guide to Negotiating , agrees. “Introduce yourself, and take a little time to get to know people, how they operate, and how they act.” Make small talk.

Supply Chain 8

Supply Chain How To Price Case Study 8

Harvard Business Review

MARCH 7, 2017

Just as striking is her description of Uber’s HR organization, which advised Fowler that because the manager in question was a high performer, HR did not feel comfortable punishing him. Uber CEO Travis Kalanick and prominent board members, with the cooperation and support of the head of HR, have initiated an investigation.

Compliance 12

Compliance Hedge Human Capital Finance 12

Harvard Business Review

AUGUST 8, 2014

A similar proposal to Split Finance would likely have been rejected out of hand by organization leaders (and Harvard Business Review editors), because its obvious that the Finance function must fit the organization strategy and leader capabilities. Human resources Leadership Talent management'

Charan 14

Charan Finance Human Resources Supply Chain 14

Harvard Business Review

DECEMBER 8, 2016

Listening, Derek Melis, his friend and CFO, was relieved. Rogier hadn’t once mentioned holacracy or self-managed teams, even though the executive team and the board had been talking for months about transitioning to just such a system at the global construction company. Please don’t let that cloud your judgment as CFO.

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. How could she or any of the other directors provide fiscal oversight without access to details of the company’s operations or accounting? In fact, one of her fellow directors had accused her of having a private agenda that included taking the CFO down a couple of pegs.

Case Study 9

Case Study Real Estate CFO Letter 9

Harvard Business Review

DECEMBER 9, 2010

His money would allow her to pursue a new, perhaps more comfortable, growth strategy, directly managing 10 new centers instead of franchising them as she'd done with 11 of the 12 existing locations. I'm not a finance person, but that seems too soon to me.". She found a bench and pulled the document out of her purse.

Case Study 13

Case Study Franchising Health Care Follow-up 13

Harvard Business Review

JANUARY 7, 2011

The gurus have written detailed descriptions of how companies should establish the process owners, process councils, and other pieces of a formal process governance structure to manage their six to 10 core, cross-functional processes. These companies kept top-management attention on critical processes and KPIs. from 2004 to 2007.

Process 15

Process Champy Competitive Advantage Hammer 15