HR Digest

NOVEMBER 20, 2020

Let’s review the different types of skills. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO. Power Skills and Hard Skills Defined. Let’s apply some of this knowledge to organizations and individuals. Quick Skilling Hits as You Plan for 2021 .

Skills 145

Skills Emotional Intelligence CFO Power 145

Center for Creative Leadership

APRIL 24, 2019

I recently spoke with the CEO of a medium-sized manufacturing company about his new CFO who was poised to attend our flagship program for senior executives, Leadership at the Peak. She was respected by colleagues and employees, and over time had become the right-hand assistant to the CFO. How to Increase Your Executive Presence.

Charisma 65

Charisma CFO CEO Execution 65

Great Leadership By Dan

FEBRUARY 26, 2013

Assessment can start with a talent review , using a tool like a performance and potential matrix (9-box), but it shouldn't end there. Stakeholder reviews are often conducted as a follow-up to the assessment tool. The CEO then manages this portfolio of development plans the same way the CFO manages the company's financial assets.

Process 227

Process Execution CFO Participative 227

CEO Insider

OCTOBER 18, 2023

Yet, when we took what I call a “strategic pause” to review her goals, I noted that personally, she wasn’t doing great. One of my coaching clients is an entrepreneur whose business looks great on paper. In year 2–3, she had made a whopping 83% profit. Everything seemed to be going perfectly.

Magazine 79

Magazine Entrepreneur Review Goal 79

Strategy Driven

MAY 4, 2019

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). They should connect with employees. They should be story-tellers. About the Author.

P&L 58

P&L CFO Finance Sharpe 58

HR Digest

AUGUST 29, 2020

The Australian Financial Review recently reported that the first round of lay-offs occurred earlier this month, and more cutoffs are yet to come. Accenture is laying off as many as 25,000 posts worldwide as it seeks to limit down its nearly half-a-million strong workforce.

Attrition 52

Attrition Crisis CFO Long-term 52

Great Leadership By Dan

APRIL 16, 2012

When it comes to signing contracts, spending money, selecting vendors, hiring decisions, and anything where you could be exposed to allegations of favoritism, always review these decisions with someone else – even if you’re not required to. In the absence of a “the buck stops here” manager, you need to find someone else to play that role.

Span of Control 240

Span of Control How To CFO Metrics 240

Harvard Business Review

JULY 25, 2016

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC). Compliance.

CFO 8

CFO Chief Financial Officer Due Diligence Compliance 8

Harvard Business Review

JULY 11, 2012

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.".

CFO 12

CFO Committee GAAP Proposal 12

Tanveer Naseer

MAY 10, 2016

He has observed in many companies that a C-suite team represents a balance of types, for instance, an introverted CEO who chooses an extroverted CFO to bring strengths to the table that he or she doesn’t have. “On On the senior leadership team, you need thoughtful analysis and you need passion and excitement,” adds Moore.

How To 100

How To Diversity CFO Education 100

Lead Change Blog

NOVEMBER 7, 2016

As I was reviewing this month’s submissions to the Leadership Development Carnival, I was wishing we could all get together in a room to exchange these ideas more deeply and directly. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Find Jon on Twitter at @jonverbeck1.

Leadership Development 331

Leadership Development Development Leadership 360-Degree Feedback 331

Coaching Tip

SEPTEMBER 30, 2011

Think about the Boeing Engineer evaluating a GE jet engine for a new airplane…a CIO evaluating a new Enterprise Resource Planning System software provider…or a CFO reviewing audit firms. . Domain knowledge — The B2B buyer has the expertise and experience in the offering being considered.

B2C 95

B2C B2B Marketing CIO 95

Persuasive Powerhouse

JULY 7, 2010

The CFO owns a couple. An enterprise business model was developed that takes in all the processes across all the business areas. Processes are categorized by a Business Cycle (end to end business process) which are “owned&# by a majority of non-financial senior leaders.

Maslow 200

Maslow Greenleaf Goleman Goal 200

Harvard Business Review

AUGUST 4, 2023

The ban would would elevate the cybersecurity conversation to the CEO, the CFO, and the board, and potentially end the practice of scapegoating CISOs when a breach happens. The White House is considering a ban on ransomware payments, which could change the chief information and security officer (CISO) job.

CFO 15

CFO CEO Training Information 15

Harvard Business Review

JANUARY 28, 2020

Changes in tools, teams, regulations, and markets are putting sustainability in the hands of the finance department.

CFO 13

CFO Finance Tools Marketing 13

Strategy Driven

JULY 27, 2018

Periodically Review Expenditure. If you don’t have one already, hiring a CFO or accountant is a good idea if you need help managing your money as a business. As the saying goes that every penny counts, it’s imperative that you know where your money is going. Hire a Professional.

Tips 52

Tips Management Budgeting Discount 52

Women on Business

JANUARY 17, 2011

CEO, CMO, COO, CIO, CFO, etc.), Furthermore, of the 535 highest paid and most senior positions at those companies, only 5.8% are held by women (down from 6.9% in the prior year). One more disheartening statistic shows that only 26% of those companies have at least one woman in an executive officer’s position (e.g.,

Press Release 113

Press Release Discount PR CIO 113

Harvard Business Review

JUNE 20, 2018

In a recent performance management summit we ran with over 100 large organizations, 57% of them said they weren’t taking any actions to address bias in performance reviews. Managers can also conduct less biased reviews by proactively asking employees to outline their personal goals ahead of time. How to address the bias.

Performance Review 11

Performance Review Review How To CFO 11

Lead Change Blog

NOVEMBER 7, 2016

As I was reviewing this month’s submissions to the Leadership Development Carnival, I was wishing we could all get together in a room to exchange these ideas more deeply and directly. In this post, Virtual CFO Jon Verbeck explains the important parts of a financial dashboard for your company. Find Jon on Twitter at @jonverbeck1.

Leadership Development 201

Leadership Development Development Leadership 360-Degree Feedback 201

Women on Business

JANUARY 8, 2011

She’s taking over the seat formerly occupied by Apple’s former CFO, John Anderson, who resigned amidst a stock options backdating scandal. Andrea Jung was an executive vice president at Neiman-Marcus before she joined Avon in 1996. Avon’s stock price was up 15% in 2007.Â

Press Release 124

Press Release CEO Discount PR 124

Lead on Purpose

DECEMBER 6, 2010

Smart product managers know the value of having allies in the CFO’s office. When the PM makes a concerted effort to have a strong relationship with sales, their product success will increase. Accounting/Finance: This group is often completely ignored by product management.

Productivity 182

Productivity Products Management Leadership 182

CO2

SEPTEMBER 6, 2018

They can be useful for you, your advisors/coaches, and board members in discussing and reviewing the readiness of your organization. Org charts can be arranged by function, process, product, market, customer, geographic, matrix, or a combination approach. These charts tell a more interesting and complex story.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

Harvard Business Review

AUGUST 12, 2019

Research finds optimism and pessimism play an important role.

CFO 12

CFO CEO Succession Article 12

CO2

SEPTEMBER 6, 2018

They can be useful for you, your advisors/coaches, and board members in discussing and reviewing the readiness of your organization. Org charts can be arranged by function, process, product, market, customer, geographic, matrix, or a combination approach. These charts tell a more interesting and complex story.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

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. There are no overarching frameworks, few controls, little guidance, no audits, and seldom consequences when staff create and hoard information.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

The Practical Leader

JULY 11, 2012

As I’ve gotten to know Joe Folkman and others at Zenger Folkman over the past few months, I’ve been very impressed by the high quality and high values team he, Jack, and Bob Sherwin (he was CFO at Zenger Miller) have put together. Click here to meet the key Zenger Folkman leaders. Nothing else comes close. It’s another gem.

White Paper 56

White Paper Drucker Leadership Development CFO 56

Harvard Business Review

AUGUST 7, 2012

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.

McCallum 12

McCallum CFO Covey Long-term 12

Harvard Business Review

SEPTEMBER 27, 2013

I Give This Blurb 3 Stars Operation Clean Turf and the War on Fake Yelp Reviews Businessweek Were the 19 companies accused of commissioning fake online reviews the only firms out there engaged in this nefarious practice? Federal Trade Commission says 15% to 20% of all reader reviews might be fake. Not likely.

Review 8

Review CFO PR Analysis 8

Lead on Purpose

JULY 10, 2009

Too often we leave the worries and cares about money to the CFO’s office. Of the three P’s listed above, the one that typically receives the least focus by product managers is profits (or perhaps more clearly stated, revenue ).

Succession 133

Succession CFO Taylorism Taylor 133

Harvard Business Review

DECEMBER 1, 2017

The answer involves radically reframing one of the mainstays of the C-suite — the role of the CFO. It’s no longer adequate or acceptable for CFOs to simply focus on managing the financial risks of a company. Some CFOs are working with their CISOs and CIOs to actually model their cyber exposure gap.

CFO 9

CFO CIO Budgeting Long-term 9

Harvard Business Review

JUNE 24, 2013

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. With over 3 million users, Square processes more than $15 billion in transactions annually. Below is an edited version of our conversation.

CFO 8

CFO Loyalty Technology Definition 8

Harvard Business Review

NOVEMBER 9, 2018

” As it turns out, for eighteen years Tom had received stellar performance reviews and top bonuses on the strength of his performance. “Executive presence” was mentioned in several reviews as an improvement area, but without any specifics, Tom had no idea what the real issue was and how damaging it could be to his career.

Career 15

Career CFO Sample Execution 15

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

Harvard Business Review

OCTOBER 26, 2011

As finance shifts its focus from controlling costs to advising managers on improvement activities, CFOs must change their thinking and behaviors. Getting the CFO on board is key. CFO Tim Olson of ThedaCare , a healthcare system in Wisconsin, went through a similar conversion. Then I became an advocate. Now I know that.".

Finance 11

Finance CFO Budgeting Operations 11

Harvard Business Review

OCTOBER 18, 2018

The feedback in the 360-degree reviews was supposed to be anonymous. Lance was struck by what he saw in CFO Damon Ewen’s file. ” Editor's Note This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. kuritafsheen/Getty Images.

Case Study 13

Case Study Team CFO Merchandising 13

Harvard Business Review

APRIL 19, 2011

A few months ago, a former client called me in a panic : Her CFO wanted to start several process simplification projects immediately — and she needed a proposal to review with him the next day. We then waited to hear from our client about next steps — and continued to wait.

CFO 15

CFO Crisis Proposal Finance 15

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. As the CMO, I can say that a big part of trusting Gene (CFO) was that he not only demonstrated a passion for marketing, but a genuine interest in helping our department with his finance expertise.

CFO 8

CFO Advertising Finance Marketing 8