5 Strategies To Go From CXO/CEO/ COO/CFO to Successful Entrepreneur

Lead Change Blog

Posted in Career Development Change Management Self Leadership Value Creation Are you a corporate refugee or executive in transition who thought the grass was greener on the entrepreneurial side of the fence, only to find out it wasn’t as easy as you expected?

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Complimentary Resource – The CFO’s Cheat Sheet to Compensation Risk & Reward

Strategy Driven

The CFO’s Cheat Sheet to Compensation Risk & Reward. This 4-page guide outlines 7 ways that automated compensation management software improves your ROI: Streamlined data and workflow processes. Complimentary Resource – Operational Risk Management.

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The Top Five Dashboards Every CFO Should Review Daily

The Kini Group

The CFO’s responsibilities have migrated far from the typical numbers focus and cost analysis to growth strategy, sales tactics, and even human resources. This evolution of the role of CFO has created a demand for more oversight. CFO Dashboard 2: Costs.

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Google Lost Its CFO to Poor Work Life Balance

The Idolbuster

Do we want to recover the time it takes to manage the rentals every week, and save money, or would we prefer to have this special getaway? The topic is timely: This week Patrick Pachette, CFO of Google announced that he would be retiring to spend more time with his wife.

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Money Management Tips Every Business Should Consider

Strategy Driven

In light of this, you should continuously look for ways to ensure that your business finances are well managed. On that note, you’re going to find some key money management tips every business should consider below. Running a business is something that takes grit and resilience.

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3 Critical Skills of Effective Leaders.

Rich Gee Group

This is where most C- and VP level executives fail – you need to lead with greater impact by applying emotional intelligence to manage your team. For optimal delegation, seek out Michael Abrashoff’s: It’s Your Ship: Management Techniques from the Best Damn Ship in the Navy.

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How the CFO and General Counsel Can Partner More Effectively

Harvard Business Review

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. The CFO and GC can work up pro forma cost scenarios and also look to analogous disasters (e.g.

CFO 16

Why HR and the CEO should be joined at the Hip | In the CEO Afterlife

In the CEO Afterlife

The day the Jacobs Suchard (now part of Kraft Foods ) Board of Directors promoted me to the C-Suite, they strongly suggested I align myself with the CFO. In the CEO Afterlife. Main menu Home. Leadership. Branding. Why HR and the CEO should be joined at the Hip.

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Keep Your Sarbanes-Oxley Off My CFO

Harvard Business Review

No, Minow is suggesting that CFO essentially work for the audit committee. As she puts it, when she's evaluating a company, "the most important thing I look for in a CFO is someone who reports directly to the audit committee, because what I want is a CFO who is absolutely clear that his or her job depends on telling the truth to the board.". I don't know of any CFO of a public company who would tell you that the job doesn't already depend on telling the truth to the board.

CFO 15

10 Reasons Why Every Manager Should take a Finance Course

Great Leadership By Dan

We just finished a “ Finance and Accounting for the Non-Financial Manager ” program this week for a large client. The audience was mostly engineers – program and project managers, the ones in charge of designing and making complex stuff. manager (and probably every employee) really needs to have a firm grasp on the numbers and how their company makes money. You’ll be able to hold your own in management and board meetings. Yes, you too can speak like a CFO!

The CIO Paradox: A book review by Bob Morris

First Friday Book Synopsis

Ross Jeremy Hope Martha Heller Operations versus Strategy Oscar Wilde Peter Weill recruiting Reinventing the CFO: How Financial Managers Can Transform Their Roles and Add Greater Value Successor The CIO Paradox: Battling the Contradictions of IT Leadership

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Morning Advantage: Take My CFO, Please

Harvard Business Review

At first blush, it sounds like something straight out of the mind of Scott Adams, but John McCallum's guide to management one-liners in the Ivey Business Journal has its sincere merits. The Far Reach of Supportive Senior Managers (Strategy+Business). Managers at different levels of a company affect their employees’ morale in different ways, finds a recently published study by three George Washington University researchers.

Why Can't a CIO Be More Like a CFO?

Harvard Business Review

Because no one is managing the store. The day-to-day financial activity within the organization is then executed by management and staff, who shoulder the responsibility — delegated to them by the enterprise as part of their job — to account for funds, both incoming and outgoing.

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Mobile Payments and the 'Wow' Factor: Q&A With Square CFO Sarah Friar

Harvard Business Review

We asked Square''s CFO and Operations Lead, Sarah Friar , for perspectives on this technology, what it means for marketers, and how to manage in the world of mobile innovation. Do you have words of advice for people who are trying to manage the world of mobile innovation?

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Tony’s Interview with Healthcare Finance News

Tony Mayo

However, once you move from being a bookkeeper to being a CFO, you are dealing with the future […]. For Executives Micro-Managers Organizational Leadership Personal Goals Tips for CFOs to survive the transition to value Give up clinging to the illusion of certainty, said executive coach Tony Mayo. Accounting is a black and white world and as such attracts people who like certainty.

Following Leadership’s Qs

Strategy Driven

Before starting as CFO, I repeatedly scanned through my leadership qualities, considering how I would present myself to my new colleagues. managers, the average score on a simple financial literacy test was 38% (Harvard Business Review). What makes a good leader?

How Top Pricing Managers Drive Profits: 6 Skills to Success

The Kini Group

Pricing managers are in the tough position of having both feet in different worlds. As the number of pricing analysts grows, so does the need for innovative, capable, and confident pricing managers. This is where pricing psychology plays a big part in a pricing manager’s role.

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Infuence Mapping – How To Lead Your Project To Success

Lead Change Blog

Usually the CEO and the CFO have the biggest impact on organization-wide changes, but it is not always so; in some cases the hierarchy doesn’t reflect the amount of influence, so it’s advisable to check everything carefully. Change Management influence mapping Management

Talent Wins: The New Playbook for Putting People First

Leading Blog

They were designed for predictable environments, traditional ways of getting work done, and organizations where lines and boxes defined how people were managed. This is a group that consists of the CEO, the CFO, and the CHRO (Chief Human Resources Officer).

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How to deal with cyber-attacks: publicly or privately?

Strategy Driven

The ongoing federal investigation of three Equifax C-suite managers for insider trading arose due to alleged stock dumping prior to the revelation of the company’s catastrophic cyber-attack.

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These Are the People You Need on Your Startup Team

Chart Your Course

Business leadership researchers tell us that the best traits for your CFO are emotional stability and global ethics. In the days after the Sarbanes-Oxley Act of 2002 (SOX), a chief executive cannot hide behind the acts of the CFO. Culture Growing a Business Human Resource Management

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May 2017 Leadership Development Carnival

Lead Change Blog

Bill Treasurer of Giant Leap Consulting provided 5 Strategies to Address Conflict as a Manager. Everyone knows the roles and responsibilities for a CEO, CFO and CTO but change the wording and a different picture emerges. Leadership Development Leadership Management

November 2016 Leadership Development Carnival

Lead Change Blog

John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Leadership Development Leadership Management

Two Powerful Ways Managers Can Curb Implicit Biases

Harvard Business Review

Many managers want to be more inclusive. For the most part, managers are not given the right tools to overcome the challenges posed by implicit biases. But this demands a lot of cognitive energy, so over time, managers go back to their old habits. PATRIK STOLLARZ/Getty Images.

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The Unexpected Realities of Being an Entrepreneur

Lead Change Blog

You cannot dare do the same thing as an entrepreneur when you are still the HR manager, marketing guru, office manager, janitor, tech guy, sales staff, CFO and CEO. How interesting is it to start your own business? Many people say they wish to own their own businesses.

What Events Shaped You as a Leader?

Great Leadership By Dan

Guest post by Great Leadership monthly contributor Beth Armknecht Miller: I recently had the opportunity to have a conversation with the president of a privately held company as part of research for a book I am writing on talent management and development within small to mid-size companies.

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Even “bad” cultures get some things right

Surviving Leadership

At this meeting, employees heard from the CEO, CHRO, General Counsel, COO, CFO, CMO, and any business leaders spearheading a major initiative. culture General Rant about Leading #HRBlogs Corporate culture employees engagement human resources leadership management Netflix WorkHuman

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January 2017 Leadership Development Carnival

Lead Change Blog

John Hunter of the Curious Cat Management Improvement Blog shared Podcast: Increasing the Capability of the Organization. John summarizes, “Changing how organizations are managed makes a huge difference in people’s lives. Leadership Development Leadership Management

CMOs, Build a Relationship with Your CFOs

Harvard Business Review

But this makes the still lingering CMO-CFO disconnect even more significant, as both executives are now stewards of that critical corporate data. After having collaborated at David's Bridal to build a more effective marketing function (and actually enjoying it), we decided to share some of our observations, from both the perspective of the CFO (Gene) and CMO (Kimberly). In your preliminary discussions with the CFO, establish clear definitions, success criteria, and formulas.

Steps in a Buying Decision

Strategy Driven

These terms define a specific set of sequenced actions buyers take to enable internal consensus and change – change management issues, if you will – rather than define steps that address needs or vendor/solution choice which come later and are the focus of sales. meet with CFO (manages the Tech department). All agree to bring in more folks onto BDT: HR, Project Management, Internal Consulting. Agree to get CFO’s permission to at least consider external vendors.

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How to Lead Yourself When the Boss is Not Around

Great Leadership By Dan

In many organizations and occupations, “management by walking around” and micromanagement have fell by the wayside, either by design or out of necessity. After all, the role of “manager” must have been invented for a reason, right?

4 Keys For Bringing Out The Best From Introverts

Tanveer Naseer

One of the hottest themes in management and leadership today is the importance of understanding the introvert at work. People-facing jobs, like sales, management consulting and investment banking are dominated by extroverts. The following is a guest piece by Kate Rodriguez.

Complimentary Resource – Communication Tools Your Business Can’t Live Without

Strategy Driven

Relate Articles: Complimentary Resource – Emerging Trends in Project Management. Complimentary Resource – The CFO’s Cheat Sheet to Compensation Risk & Reward. Communication Tools Your Business Can’t Live Without. by Compare Business Products.

Don’t Just Lead – Guide!

Great Leadership By Dan

Christian Hoogerheyde, a project manager at Socrata, a Seattle-based cloud software company, says his Icelandic guide’s social skills “serve as a lesson to me every time I try to establish a new client’s trust.”

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Morning Advantage: My Kingdom for a Developer

Harvard Business Review

You'll be grooming more complete managers and exposing your talent to a broader array of opportunities. has spurred numerous doctoral dissertations, countless hours of research, and hearty disagreement among serious management thinkers," write Ken Favaro and two co-authors. Facebook Flop Won't Scare Off Growth-Company Listings (CFO).

Morning Advantage: How Leaders Get Their Strategic Groove Back

Harvard Business Review

Who Owns Risk Management? "What are the first three words that come to mind when you hear the word 'strategy'?" When HBS professor Cynthia A. Montgomery asks leaders in her executive education classes this question, they respond with "plan," "vision," "direction," "focus," "advantage," writes Carmen Nobel in HBS Working Knowledge. To Montgomery, this is indicative of a disturbing trend: strategy has been narrowed to a competitive game plan, separate from a firm's larger sense of purpose.

3 Common Hiring Mistakes New Managers Should Avoid

Harvard Business Review

The recruitment, interviewing, hiring, and on-boarding of even one new employee is a time-intensive process every manager takes seriously. It’s also one of the hardest skills for a new manager to learn, in part because — unless you’re working at a very fast-growing company — you typically don’t get a lot of practice with it. Becoming a Manager. 5 Things New Managers Should Focus on First. dave king/Getty Images.

The 2 Leadership Traits That Will Set You Apart (and Sustain You For The Long Haul)

Terry Starbucker

After all, I had earned it, having just finished a 28 year run as a CPA, cable company VP of Operations, football stadium project manager, VP of Development for another cable company, and finally, a cable company SVP of Operations.

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Managing Former Peers

Harvard Business Review

However when this happens it often creates an awkward and uncomfortable set of dynamics, and there's no blueprint for how to manage them. Here's an example*: Peter was the divisional CFO for the consumer unit of a global products company. As members of the senior leadership team, these three managers worked well together on business issues although they were not personal friends. Leadership Managing people Succession planning

November 2016 Leadership Development Carnival

Lead Change Blog

John Hunter of the Curious Cat Management Improvement Blog shared Bell Labs Designing a New Phone System Using Idealized Design. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Leadership Development Leadership Management

Photo Inquiry Friday: What are you already doing that is working well?

Mike Cardus

I was asked by a CFO of a hospital, who attended a talk I gave on ‘ Working & Managing Across Generations ’ to contact the hospitals HR director and Workforce Education director. BUT the CFO would not be on the call.

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The Essential CHRO Roles Every CEO Must Support

HR Digest

The HR is supposed to be a true partner to the CEO, just like the CFO. While becoming a CHRO requires a step beyond administrative roles and clear knowledge of the business, CEOs have the obligation to elevate the HR, enable the CHRO to become a strategic partner, and to adopt the G3 system – a tier comprising the CEO, the CFO and the CHRO as a top corporate unit fundamental in decision making.

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CEOs, Stop Trying to Manage the Board

Harvard Business Review

It’s understandable that most CEOs try to manage their boards. At most companies, despite all the best intentions, managing the board usually means keeping directors at arm’s length. In practical terms, that means not trying to stage-manage board interactions.