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Making the Turn: 10 Warning Signs You aren’t Shifting from Founder to Leader

N2Growth Blog

Maybe you’re prepping for the IPO. Maybe your CFO is a family friend. And, you operate in a fishbowl. You came up with an awesome idea. Your singular focus has been to make it real. You started a company. You got funding. Maybe you’re looking for Series B or C funding now. Congratulations! You’re ready to scale or go public.

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Midsized Firms Can’t Afford Bad Bets

Harvard Business Review

However, cash flow from operations had shifted from positive to negative, the company’s cash pile was dwindling, and the new product would demand R&D investment. BlueArc’s CFO, Rick Martig, and other executives gathered market data to support the investment in the mid-tier data storage product. Forecasting acumen.

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VW’s Board Needed More Outsiders

Harvard Business Review

operations in favor of financial performance. It will be interesting to see how a former CFO will face up to these formidable challenges, complicated further by reports that the ECB isn’t allowing the Volkswagen group to fully benefit from the central bank’s “cheap” money.

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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business Review

It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Some industries, like photography and media, were impacted earlier. Others, like financial services, are only now experiencing this change in earnest.

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Case Study: An Angel Investor with an Agenda

Harvard Business Review

Back at Calidad de Vida's corporate offices that afternoon, Gloria asked Daniel Hernandez, her CFO, and Diana Correa, her deputy director, to join her in the company's lone conference room, a windowless space made cheerful by photos of smiling elderly people on the walls and the same bright green chairs found in the centers.

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Every Fast-Growing Company Has to Combat Overload

Harvard Business Review

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. In 2000, with more than $100 million in negative cash flow, the company agreed to be acquired by Star Cruises, a leading cruise operator in Asia.

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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. Are these acceptable growing pains? In one word: No.