Fascinating Numbers: What’s the Most Important Trait For Future Leaders?

Management is a Journey

A survey by Robert Half Management Resources of more than 1,400 Chief Financial Officers identifies integrity as the most important trait for [.]. It turns out that all of the discussion occurring about the importance of sound values and good ethics in the workplace is not idealistic talk. It’s actually important to the careers of business professionals.

How to Hire the Best Employees for Your Company

Strategy Driven

For instance, you can outsource a chief financial officer that can offer advice to the company on how to best improve their profitability. Employees are the heart and soul of the company.

Integrity – A Critical Cornerstone To Effective Leadership

Tanveer Naseer

Without it, no real success is possible, no matter whether it is on a section gang, a football field, in an army, or in an office.” – Dwight D. The following is a guest piece by Terri Williams. The supreme quality for leadership is unquestionably integrity.

Effective Questions: An Example with Measured Value

EnLeadership

Peg Burnette, chief financial officer, said that since its Lean conversion (process started) in 2005, the city’s public health system has benefited to the tune of $54 million in increased revenue, money not spent, and expenses cut.

What Every Man Should Know About Female Colleagues

Coaching Tip

Yet the number of women at the top is barely budging: some 5% of Fortune 500 chief executive officers and 17% of board members. “If If you want to change the numbers, you have to get men involved,” says Mike Kaufmann, chief financial officer of Cardinal Health. Men this is your career guide about women you work with. The business case is compelling. Companies with more women in leadership posts simply perform better.

Leading a Board of Directors

Great Leadership By Dan

If you choose only “Indian Chiefs, you may well find the egos are more trouble than they are worth. Don’t use precious board time to rehash reports and financial performance that can be shared in advance. He’s a seasoned financial operator with extensive experience in startups and growth companies. He serves as Chief Financial Officer of publicly traded Leaf Group (NYSE: LFGR), a diversified consumer internet company.

These Are the People You Need on Your Startup Team

Chart Your Course

Chief Financial Officer. You need a numbers guy to navigate your company to financial success. If the movies are true, the ideal is a tie wearing, straight arrow that lives for financial statements.

CFO 130

Digital Media and the Future of Your Leadership – Video

Modern Servant Leader

So, I’m sitting across from the Chief Financial Officer of a major organization and he’s going on about the next director he plans to fire. As the Chief Information Officer for the organization, it’s my unfortunate responsibility to support his behaviors.

Media 281

How “Strategically Aligned” is your Leadership Development Program?

Great Leadership By Dan

If you answered B , then it’s time to get out of your office and hit the road again. These are the big kahunas at the corporate office making decisions about how much to cut your training budget.

The Secret Button for Getting Your Ideas Approved

Strategy Driven

Chief Financial Officer: “We should enter the Italian and German markets because we can generate $XMM in incremental profits.”. Chief Marketing Officer: “We should enter the Italian and German markets because we can increase our European market share by X%.”.

CEO Disease Symptoms

Coaching Tip

Nearly 13% of chief financial officers, chief marketing officers, and other C-level executives say that having input into company decisions is their top reason to stay with a company, according to the survey. Chief Executive Officer (CEO) Communication Memes Self-Awareness Work life boss-employee relationship c-level CEO disease execunet mark anderson peter cappelli university of pennsylvania wharton school

CEO 146

Deadly Disease of Management: Emphasis on Short-term Profits

Deming Institute

Fiduciary Duty: better align interests of financial intermediaries and their investors. Almost 80 percent of chief financial officers at 400 of America’s largest public companies say they would sacrifice a firm’s economic value to meet the quarter’s earnings expectations.

My Great Failure, Part 3: Needing Where I Should be Leading

Modern Servant Leader

My boss, the Chief Financial Officer, set lofty goals. Ultimately, I was called into the CFO’s office and asked for my resignation. I never would have though, given my family’s financial position at the time. The Scenario: An Unrealistic Demand.

CFO 228

How Great Leaders Support Work Life Balance

C-Level Strategies

One of the first gentlemen I ever worked for, the Chief Financial Officer of our business division (yes, I started my career in finance!) would leave the office at 3:00 pm three days a week during the summer to get to his boys’ baseball games.

Leaders. Better. Brighter.™ · Like a finger wag without a “Like.

Leaders. Better. Brighter.

Leaders. Better. Brighter.™ The Glowan Consulting Group L3 Blog Home About Glowan Subscribe to feed ‹ Adaptability, Inc. is hiring. I wish I would’ve told him that.

Make the Right Decisions About Your Company’s Sustainability Efforts

Harvard Business Review

As described in the HBR article “ Sustainability a CFO Can Love ,” by the company’s chief financial officer Kurt Kuehn and Lynnette McIntire, it is used to display proposed initiatives in terms of their relevance internally to the company’s strategy and externally to outside parties. It’s vital that companies manage their impact on the planet , and most are willing to invest at some level in sustainability initiatives.

How the CFO and General Counsel Can Partner More Effectively

Harvard Business Review

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).

CFO 16

Carlos Ghosn, Nissan, and the Need for Stronger Corporate Governance in Japan

Harvard Business Review

Ghosn was recently arrested for financial misconduct, fired from his position as Nissan’s board chairman, and criticized by Nissan’s Japanese CEO for accumulating too much power. Westend61/Getty Images.

Orrin Woodward Leadership Team :: MonaVie #1 in Inc 500 List.

Orrin Woodward

Larsen; Founders and Vice Chairmen Randy Larsen and Henry Marsh; President and Chief Operating Officer Dell Brown; and Chief Financial Officer Devin Thorpe.

How Western Multinationals Are Responding to the Escalating U.S.-China Trade War

Harvard Business Review

Tim Cook, chief executive of Apple, a company so committed to manufacturing in China that it labels many of its products, “Designed in California. Yuji Sakai/Getty Images.

NGO 10

Navigating Tradeoffs in a Dual-Career Marriage

Harvard Business Review

Last month, Patrick Pichette, Google’s 52-year-old chief financial officer, announced that he was retiring to spend more time with his family.

Study: A CEO’s Decision Making Is Shaped by Whether Their Parents Were Immigrants

Harvard Business Review

We replicated our analysis for the Chief Financial Officers (CFOs) of each bank and other members of the top management team, but we did not find a relationship between their cultural heritage and firm performance. agalma/Getty Images. Does cultural background affect a leader’s decision making?

A Simple Way to Map Out Your Career Ambitions

Harvard Business Review

If you want to be a chief financial officer (CFO), identify five CFOs who you admire or who are well regarded in your industry. Find the leaders on the industry “best” lists (best chief marketing officer, chief information officer, etc.),

What It Takes to Build a Startup into a Brand

Harvard Business Review

From the outset, all three men viewed themselves as serving in multiple roles: founder, custodian, brand manager, chief financial officer, recruiter, and head of consumer insights.

Just Using Big Data Isn’t Enough Anymore

Harvard Business Review

The survey gathers perspectives from a small but influential group of executives — chief information officers, chief data officers, and senior business and technology leaders of Fortune 1000 firms.

Nine Do's and Don'ts for Dealing with the Disgruntled

Harvard Business Review

In one recent case, the chief financial officer of a small company was fired for possible expense account violations, and he was also seen as a poor strategist and weak team player. In a volatile world, anxiety and uncertainty make people a little testy. Cranky people can drag everyone else down by spreading negativity and sowing seeds of doubt just when leaders need commitment.

CFO 17

Why the Entire C-Suite Needs to Use the Same Metrics for Cyber Risk

Harvard Business Review

At the same time, members of the C-suite are measuring their potential impact using different metrics — financial, regulatory, technical, operational — leading to conflicting assessments. High-profile cyberattacks — ranging from the one suffered by Sony Pictures in 2014 to the global ransomware attacks that occurred last May and June — highlight the huge financial and reputational stakes. Harry Haysom/Getty Images.

CIO 12

Boards Should Take Responsibility for Cybersecurity. Here’s How to Do It

Harvard Business Review

Ideally, security executives should attend board meetings in the same way that a chief financial officer would. Clique Images/Getty Images. With news of data breaches, ransomware attacks, and zero-day vulnerabilities making headlines, cybersecurity is likely appearing even more frequently on the agenda in many board meetings. After all, no company wants to become the next brand on the front page of the Wall Street Journal or have their executives testify in front of Congress.

Top Reasons Salespeople Lose Business

Harvard Business Review

What resources do you have to get something fixed?" —Chief Operating Officer. Every salesperson is trying to get into my office and explain how their wonderful products will save me tons of money. What they said didn't really apply to us." —Chief Financial Officer.

Stop Budgeting, Start Improving

Harvard Business Review

To be sure, organizations need financial targets, and when they are under severe pressure, slashing "overhead" is far faster and easier. According to ThedaCare's chief financial officer, Tim Olson , top management viewed it as a significant waste of time. ThedaCare also introduced a daily financial management tool for department managers. A company's leaders need to be accountable for financial results. It isn't to sit in their offices reviewing budgets.

How U.S. Health Care Got Safer by Focusing on the Patient Experience

Harvard Business Review

Before 1999 “performance” had a simple, unidimensional definition for health care leaders and their boards: It was shorthand for the CFO’s financial report, summarizing operating margins. Now, however, a unifying theory has emerged for how to improve performance for all these dimensions — safety, quality, experience, and financial. The financial health of the organization was the most important metric for management and governance to follow.

The “Business in Society” Imperative for CEOs

Harvard Business Review

Indeed, systematically dealing with the risks of anti-business/anti-globalization proposals and the opportunities of pro-growth policies has become as important for global corporations as addressing product, market, and financial issues. The contemporary CEO must not only be expert at addressing the commercial verities of products, markets, and competitors.

Hire by Auditions, Not Resumes

Harvard Business Review

For those who live in the Bay Area, they can work from the office, if they’d like. We pay a standard rate of $25 per hour, regardless of whether you’re applying to be an engineer or the chief financial officer. Automattic employs 225 people.

The Problem with the CEO’s Job Title

Harvard Business Review

The title Chief Executive Officer is something of a misnomer. An effective CEO makes things happen principally through his executive colleagues, aptly called “Chiefs” too: the CFO, CCO, and COO.

Why the South Will Lead in the Global Tilt

Harvard Business Review

As Keith Sherin, GE's chief financial officer, explained, "This is where the growth is. When news broke recently that Brazilian investment firm 3G Capital was teaming with Berkshire Hathaway to buy Heinz for $28 billion, some people noted that the deal marked a resurgence in M&A activity. Maybe so, but I see it as part of a bigger, more formidable trend that has vast implications for the future of almost every business: what I call the global tilt.

What If You Could Learn Design from Apple?

Harvard Business Review

A few years ago I was working with a global company that was trying to engage Chief Financial Officers. Paul Garbett for HBR. Over 4,000 companies have corporate universities. Some of the most famous are run by GE, Disney, and McDonalds. Their purpose is to instill the company’s vision and values and cultivate critical skills and competencies.

CIO 13

Attract and Keep A-Players with Nonfinancial Rewards

Harvard Business Review

While raises or bonuses are not unimportant, especially in this uncertain financial climate, recent CTI data shows that workers across a spectrum of ages — from Baby Boomers who have worked hard to reach the peaks of their career, to Generation X'ers struggling to satisfy professional ambitions and personal fulfillment, to Millennials who view work/life balance as their right — are looking for a remix of conventional rewards.

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. and (ii) how can digital firms improve their financial reports to communicate sources of value creation in their businesses? Martin Konopka/EyeEm/Getty Images.

GAAP 10

Here’s Why Strategy Chiefs Succeed or Fail

Harvard Business Review

Consider Staples, the office-supplies retailer, which had tumbled from being the market leader to being a third of the new leader’s size by 1992. So founder and CEO Tom Stemberg hired John Wilson as head of strategy and chief financial officer. Walgreens Boots Alliance’s Rick Mills has been the group strategy officer for 20 years. alicemoi/Getty Images.

If the Auditors Sign Off, Does That Make It Okay?

Harvard Business Review

Andrew Fastow, the former chief financial officer of Enron, recently completed a six-year prison sentence for his part in the scandalous deception that hid Enron's financial troubles from investors. After I was quoted late last year in an article on the 10th anniversary of the Enron debacle , Fastow contacted me and offered to speak to the Financial Statement Accounting class I teach at Tufts University's Fletcher School of Law and Diplomacy.

Can Your C-Suite Handle Big Data?

Harvard Business Review

The chief financial officer (CFO) role rose to prominence in the mid -1980’s as pressures for value management and more transparent investor relations gained traction. Adding a chief marketing officer (CMO) became crucial as new channels and media raised the complexity of brand building, while Chief strategy officers (CSOs) joined top teams to help grapple with complex and fast-changing global markets.

A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. In a follow up HBR article , we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks and distilled seven key insights from those discussions.

Why Retailers Should Target Female Consumers

Harvard Business Review

They continue to express very high dissatisfaction with financial services, consumer durables, and healthcare. One reason is that women often work in so-called "protected" industries — education, health care, retail, service businesses, while job losses were concentrated in male-dominated industries construction, real estate, financial services. They are the chief financial officers at home, responsible for balancing the budget, yet companies continue to ignore their needs.