Lead Change Blog

NOVEMBER 7, 2016

What’s more appropriately called executive managerial leadership (as opposed to the overused, feel good term “leadership”), those at the helm of companies or government agencies have huge responsibilities.” In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

The Empowered Buisness

JULY 14, 2015

Orientation toward innovation and creativity. how to do something faster, better or cheaper) over procedures; high motivation toward goals, rather than avoiding problems; and high future time orientation with a focus on long term strategies, future customer needs and environmental changes. Decision making style. And much more.

Motivation 100

Motivation Leadership McClelland Long-term 100

Tanveer Naseer

JULY 12, 2016

In “ Good to Great ”, Jim Collins lamented the trend of boards that become “enamored with charismatic CEOs,” a tendency that, he concluded, was “most damaging” for “the long-term health of companies.” The hubris displayed by Skilling, along with founder Kenneth Lay and CFO Andrew Fastow, didn’t just destroy Enron.

Kaplan 100

Kaplan CEO Real Estate CFO 100

LDRLB

APRIL 21, 2014

What’s going on there, it’s a term that’s been used for a really long time and you sort of opened the book with a discussion of that. Now it turns out maybe the power dynamic has shifted a little bit and the talented people really don’t want to be constrained in that. Why is that so important? ORLY: Yes, absolutely.

Human Capital 60

Human Capital Open-book CFO Innovation 60

Harvard Business Review

JULY 17, 2017

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. Closing this gap requires much more than short-term fixes, like adopting new technologies.

Industry 12

Industry Short-term Planning Long-term 12

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

Miles Anthony Smith

MAY 2, 2018

If you’re successful, your brand will leave an impact long after you’re gone. It's an extension of yourself that lingers even long after that person has left your website, book, show, or other piece of content. Also, a little charisma does go a long way. ​ ​1. Noticing a theme here?

Brand 68

Brand Examples Career Godin 68

Harvard Business Review

OCTOBER 30, 2017

Over a period of years, every GE senior manager would learn the lean startup methodology, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. Innovation at GE was on a roll. Are lean innovation and the startup way a failure in large companies?

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

AUGUST 29, 2016

Given the role analytics has played in reshaping industries and rewarding innovative adopters over the last two decades, it is surprising how frequently we are asked: “Does this analytics stuff really work?” We only included companies that had implemented a major analytics initiative with an innovation or similar agenda.

CFO 9

CFO Competitive Advantage Budgeting CEO 9

Harvard Business Review

APRIL 16, 2012

Often citing the maxim that "cash is king", CFOs know that strategic cash can enhance shareholder value in various ways. As long as the CFO can stipulate that the company does not intend to repatriate the cash, it avoids the incremental tax that will be levied due to the territorial system of U.S. It can: Save Taxes.

Company 13

Company Cost of Capital Finance Long-term 13

Harvard Business Review

OCTOBER 14, 2011

And as a former CFO I also understand the preoccupation with numbers, but during my time as a CEO it has become clearer to me than ever, that numbers don't tell the whole story. It doesn't matter if you are an administrative assistant or a CFO; all employees need this common experience. As a CEO leading a global U.S.-based

CFO 12

CFO Software Engineering CEO 12

Harvard Business Review

FEBRUARY 26, 2016

Balancing the short-term and long-term is a dynamic leadership challenge. ” Immelt elevated marketing and digital media when he promoted Beth Comstock to vice chair, while other positions, including that of the CFO, are at the senior vice president level. Tom Watson, Jr. Make the tough calls on people. Cut layers.

Short-term 8

Short-term How To Venture Capitalist CFO 8

Harvard Business Review

JANUARY 30, 2013

And while it has certainly burned many buyers of Amazon shares through the years — Amazon's stock price took a decade to get back to its 2009 peak — the long-run returns have been spectacular. Hansen, Herminia Ibarra, and Urs Peyer latest ranking of long-run CEO performance in HBR , Amazon's Jeff Bezos now ranks No.

Training 10

Training Bond Christensen Long-term 10

Harvard Business Review

DECEMBER 17, 2015

This comes at a significant financial and productivity cost to all organizations, as demonstrated by research in corporate settings : Onboarding an external hire can cost up to twice the departing executive’s salary, and the time it takes for an external hire to become productive is twice as long as for someone hired from within.

Development 8

Development Mentor COO CFO 8

Harvard Business Review

APRIL 5, 2013

Everyone is familiar with the primary methods Gillette used to grow: It innovated via technology (with the Sensor, Mach 3, and Fusion razors), and in 2001 it formally expanded into the women''s leg shaving market with a new brand called Venus. For decades, the shaving market was men''s facial hair removal.

Price 8

Price Franchising Marketing CFO 8

Lead Change Blog

JANUARY 9, 2017

Dana writes, “When you have a tough work situation, finding ways to feel gratitude and appreciation can go a long way to turning the situation around, but is it really the best strategy? Dana Theus of InPower Coaching contributed Workplace Advice-Why Should I Bother Feeling Grateful For a Crappy Boss?

Leadership Development 150

Leadership Development Development Leadership Ethics 150

Harvard Business Review

DECEMBER 18, 2018

Then he had to believe that not only was it important enough to try, but also — through a series of trials and errors — actually possible to sustain over the long-term. “I’m not sure when I first asked if I thought it would be successful,” said Hickox, now CFO of Independent Bank in McKinney Texas.

Banking 15

Banking Conference CEO Bottom-up 15

Harvard Business Review

MAY 5, 2016

The innovative system promised to reduce local governments’ energy consumption and maintenance costs and improve their constituent relationships. ” Andrew Lowell, Lumiscape’s CFO, had thought it was a mistake to move exclusively to contracts. He clearly had a strong opinion on this, as any good CFO would.

Case Study 8

Case Study Business Model CFO Software 8

Harvard Business Review

JANUARY 12, 2015

One CEO told me she was considering firing her CFO because he consistently ran his monthly financial report by the Operations VP before showing it to her and, as she realized, was letting the Operations VP unduly influence when revenues and expenses were recognized. As one CEO put it: “Too much exposure to the board leads to radiation!”

How To 8

How To CEO P&L Uncertainty 8

Harvard Business Review

AUGUST 24, 2016

And beyond the general term “open-minded,” we don’t have common words for talking about degrees to which we are open to being influenced. ” For too long, many leaders have sought the benefits from approaches that require diversity of thought without having to change their own views. How does that sound?”

Influence 8

Influence Six Sigma Open-book Diversity 8

Harvard Business Review

APRIL 9, 2015

It could be about process — like how long the talks should take, and how the other side tries to involve stakeholders — which still gives you context that might prove useful. That positive, innovative approach is not only far more likely to lead you to a beneficial solution, but also to a place of trust.

Supply Chain 8

Supply Chain How To Price Case Study 8

Harvard Business Review

JULY 21, 2017

These leaders are recognizing that this balance drives the innovation and market understanding they need for other key business transformations. Some of those searches, like the one, three years ago, for our CFO, took twice as long as normal. Our CFO is now a great asset to the company, in many aspects.”

Diversity 8

Diversity CFO Globalization Video 8

Harvard Business Review

JUNE 21, 2016

You used to be able to track everything with an Excel spreadsheet, personally designed by your CFO; now you’ve got an SAP installation in its place, supported by an entire IT department. Founded in 1966, Norwegian quickly became an innovator in its field as the first company to offer round-trip cruises that nearly anybody could afford.

Company 9

Company IPO Price Loyalty 9

Harvard Business Review

JUNE 24, 2014

What follows are edited excerpts from our conversation, starting with Barksdale’s account of where the bundling aphorism came from: Barksdale: It actually was a quote at the end of a very long road show when we were taking Netscape public, a trip through Europe that ended in London. You do it to get your stock price up.

How To 13

How To Technology Industry Venture Capitalist 13

Harvard Business Review

JUNE 20, 2011

The former creates efficiencies and propels markets; the latter drives creativity and innovation. Maybe, as a start, we ought to describe peopley stuff in more economic language, by putting it in some context that will help our CFO and engineering friends better understand how things relate to one another. Or: S = (PT) C.

Succession 15

Succession CFO Collins Bottom-up 15