Strategy Driven

FEBRUARY 20, 2019

Sure, a disclosure is immensely beneficial in terms of buttressing industrial safeguards, national and global security, and customer protection – not to mention mitigating the longer-term repercussions of an attack – but so too can disclosure exact lasting damage on a bottom line. Fighting back.

Chief Technology Officer 78

Chief Technology Officer Short-term How To Long-term 78

Great Leadership By Dan

MARCH 26, 2015

Does the CFO of the company you’re looking to acquire really have confidence in the revenue numbers he’s projecting? It’s all about getting the person in a state of mind that we call “short-term thinking mode.” Is that manager being honest with you when he says he never engaged in the harassment that your employee is alleging?

Short-term 120

Short-term CFO Long-term Learning-by-Doing 120

The Empowered Buisness

JULY 14, 2015

For example, A successful CFO is likely to have such MAPs (Motivation and Attitudinal patterns) as — strong motivation toward procedures over options; a preference for solving problems over focus on goals; and a high past time orientation that drives focus on traditions, past experience and benchmarks.

Motivation 100

Motivation Leadership McClelland Long-term 100

CO2

SEPTEMBER 6, 2018

Companies use different assessments to determine their employees’ communication and leadership styles, so that they can assemble groups that mesh well and are balanced in terms of skills/approaches. That’s really short-sighted. While it makes sense for direct reports to be succession candidates, don’t feel obligated to go this route.

Leadership Styles 87

Leadership Styles COO Learning-by-Doing Planning 87

CO2

SEPTEMBER 6, 2018

Companies use different assessments to determine their employees’ communication and leadership styles, so that they can assemble groups that mesh well and are balanced in terms of skills/approaches. That’s really short-sighted. While it makes sense for direct reports to be succession candidates, don’t feel obligated to go this route.

Leadership Styles 78

Leadership Styles COO Learning-by-Doing Planning 78

Harvard Business Review

JULY 23, 2013

CIOs accountability, on the other hand, stops short of information stewardship and instead focuses only on technology stewardship, an intermediate step. 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.

CIO 8

CIO CFO Zero Based Budgeting Chief Technology Officer 8

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

JULY 17, 2017

Closing this gap requires much more than short-term fixes, like adopting new technologies. Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. The current innovation model in the finance sector is designed to generate the highest possible short-term returns.

Industry 13

Industry Short-term Planning Long-term 13

Harvard Business Review

NOVEMBER 25, 2013

To date, however, the reality of marketing analytics has fallen short of the promise. Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent).

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

JUNE 18, 2014

but on the whole, the practice is not a helpful way of building a sustainable business that is geared to succeed in the long-term. By now it is well understood that the short-term focus by shareholders on quarterly earnings can impair firms’ ability to create long-term value.

Short-term 8

Short-term Long-term How To CFO 8

Harvard Business Review

JULY 25, 2017

And if you end up with a negative ROI, the project is harder to justify on financial terms. One of the downsides of marketing ROI is that it is easy to only recognize the incremental profits in short-term sales and underestimate the long-term benefits that marketing brings to brand value.

ROI 8

ROI Marketing Marketing Mix Short-term 8

Harvard Business Review

MAY 4, 2012

As we saw again this quarter, earnings announcements can have significant impacts on stock valuations—at least over the short term. I have reached this conclusion after an evolution in my thinking, which was profoundly influenced by my experience as a CFO during the recent recession and financial crisis.

CFO 11

CFO Metrics Price Depreciation 11

Harvard Business Review

JULY 17, 2014

Likewise, marketing wants to clearly quantify the impact of its long-term branding efforts while finance is more focused on macro-economic drivers of marketing performance, such as interest rates, employment levels, inflation and retail sales. The New Marketing Organization. An HBR Insight Center.

Finance 14

Finance Marketing P&L ROI 14

Harvard Business Review

FEBRUARY 26, 2016

They have to integrate various perspectives and not give algorithms short shrift for lack of understanding them. Balancing the short-term and long-term is a dynamic leadership challenge. Get people aboard through short duration training programs. It may mean spending some time in Silicon Valley to learn.

Short-term 8

Short-term How To Venture Capitalist CFO 8

Harvard Business Review

JANUARY 19, 2018

Stemberg turned to Basil Anderson, who had tackled similar challenges as CFO of Campbell Soup and Scott Paper. A senior executive described to us what he termed the “rules of engagement.” They should take the time to ensure that short-listed candidates will complement the senior team and fit in with the organization.

Strategy 8

Strategy Chief Financial Officer Short-term Chief Information Officer 8

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

MARCH 9, 2017

-based companies, I’ve spoken with hundreds of high-performing working parents, and, on the hunt for real, feasible solutions, asked the same questions again and again: What advice has been the most valuable to you over the long term as a working parent? Think long-term to stay in the game.

Stress 15

Stress Long-term Short-term Contingency Plans 15

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. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Innovation at GE was on a roll.

Ries 8

Ries Long-term Short-term Price 8

Harvard Business Review

JANUARY 19, 2015

When you borrow talent, you obtain what you need more cost effectively than hiring it and without making a long-term commitment; and when you lend talent you’re offering your stars and high-potentials new opportunities for growth and development that they might not otherwise get within the confines of your organization.

CFO 8

CFO Leadership Development Telecommunications Cost 8

Harvard Business Review

APRIL 6, 2011

The management team was running short of patience for results and wanted me to help them bring changes to fruition. We quickly initiated a program to reduce the number of legal entities, saving tens of thousands in each country, while longer-term process improvements progressed in parallel. Their publicity got ahead of reality.

Process 15

Process Six Sigma Finance Short-term 15

Harvard Business Review

SEPTEMBER 22, 2014

Managers often think about their careers in terms of winning and losing. Or those who find themselves on the short end in the latest reorganization or merger selection? Winners ascend the corporate ladder and get the praise, recognition, bonuses, and top jobs.

Career 11

Career Examples Supply Chain CFO 11

Harvard Business Review

MARCH 28, 2012

Interestingly, Dominic Caruso also came with the deal for that small biotech company, and he is now the pharma giant's CFO. Facebook over the years has been a master at this, making many acquisitions that were relatively modest in dollar terms in order to secure talented innovators. Are we chasing numbers or transformative innovation?

Innovation 13

Innovation Company Biotechnology CFO 13

Harvard Business Review

APRIL 13, 2012

It's much easier and economically sound to pay for a service for a short time period and then stop paying for it when you're finished with it, rather than wasting money on something another company can do better, faster and cheaper. But if you're a CFO, you'll have to decide whether you like consistent or variable expenditures.

CFO 15

CFO Operations Budgeting Technology 15

Harvard Business Review

FEBRUARY 10, 2015

Japan’s Ministry of Economy Trade and Industry published The Ito Review in 2014 which points to integrated reporting as a way to combat “short-termism.” The CFO of Halogen Software, Pete Low, said “Given the strategic relevance of HR information, it’s timely that companies are working on enhanced reporting.

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

JANUARY 9, 2013

It is the terms of that takeover that Greenberg is challenging with his lawsuit. Anything they spot is reported directly, in writing, to Greenberg and a few other executives, including CFO Howard Smith. In an age of short-term, hired-hand CEOs, there's a lot to admire in his commitment. Le entreprise, c'est moi.

Insurance 8

Insurance Long-term Short-term CFO 8

Terry Starbucker

DECEMBER 2, 2010

Next week, my post on the topic will appear on her blog ) In the weeks leading up to the mid-term elections last month, the struggles and shortfalls of the Obama administration were analyzed by many. and public opinion.”

Influence 275

Influence Blog Politics Learning-by-Doing 275

Harvard Business Review

SEPTEMBER 14, 2018

Simon had been a chief executive for 15 years, and CFO before he was 30. ” Any immediate sense of loss is short-lived. If a CEO has a significant other, it is critical to “align expectations” — to apply a business term to a family environment. Charles McQuillan/Getty Images. Partner with your partner.

Simon 14

Simon CEO Venture Capitalist Planning 14

Harvard Business Review

OCTOBER 22, 2013

After a few tepid responses, Walter, the CFO, threw out a grenade headline: Company tries desperately to hang on to aging cash cows and antiquated ways of doing business in the flawed hope that they can maintain the status quo forever. It was a great question. The world is moving too fast.

COO 8

COO Short-term CFO Pharmaceuticals 8

Harvard Business Review

SEPTEMBER 21, 2015

Lotta Tindal, the chief marketing officer for the Dutch hospitality group Ervaring Hotels & Resorts, hadn’t wanted to come to the presentation, but Gerard Bakker, Ervaring’s CFO, had twisted her arm. In her short time at Ervaring, she’d come to rely on him for help with investment decisions.

Case Study 8

Case Study Travel Hotels NPV 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

MAY 14, 2015

This oft-heard defense of buybacks is clearly hollow: Once a CEO or CFO makes this claim, the company cannot sell the stock at a higher price for the benefit of the corporate treasury without signaling to traders that the stock is now over valued, something that no top executive would want to do.

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

DECEMBER 11, 2018

Alex, you use a term, digital work crisis, to describe what’s going on in our workplaces today. What do you mean by that term? 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?” Angelia Herrin, HBR.

Content 8

Content Crisis Apparel Learning-by-Doing 8

Harvard Business Review

JANUARY 30, 2012

Harry*, the CFO from one of the companies was particularly challenging; he had a caustic style, often spoke in a pejorative way, and even withheld critical information from Bruno and others. Harry eventually left the new company but the two parted on good terms. Bruno had a much easier time working with him.

Goleman 20

Goleman How To Emotional Intelligence Self-aware 20

Harvard Business Review

DECEMBER 13, 2017

The question on everyone’s mind, especially investors’, was how Troy would manage this much larger portfolio, given the overlap between existing and acquired brands in terms of positioning, price tier, and geography. Troy’s phone buzzed, and he saw it was an e-mail from Meena Nair, Otto’s CFO.

Hotels 8

Hotels Case Study Brand Price 8

Harvard Business Review

AUGUST 31, 2015

A seasoned CFO with a sharp mind and an abrasive style, Arthur had lost his job over a disagreement with his company’s new CEO. This loosening of long-term bonds has brought more uncertainty to all workers, and more freedom to a fortunate few. When I met him, long ago, he was picking himself up after a tough year.

Long-term 8

Long-term Loyalty Uncertainty Banking 8

Harvard Business Review

FEBRUARY 17, 2016

Grote says that an appropriate request is one where “the individual can demonstrate that her compensation and her value are not correlated, or, in simple terms, her pay is out of whack with what she deserves.” And the request shouldn’t be based on a short-term effort.

How To 8

How To COO Report Follow-up 8

Harvard Business Review

JUNE 20, 2016

If your strategy relies heavily on aggressive M&A, for example, do you really want a CFO who doesn’t command a salary higher than the norm? Obviously, no one wants to miss a short-term forecast or sales goal. times those who mentioned investors in the same manner.

Benchmarking 11

Benchmarking Company Short-term Long-term 11