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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. MORE
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. In the days after the Sarbanes-Oxley Act of 2002 (SOX), a chief executive cannot hide behind the acts of the CFO. If your CFO is doing something financially shady, SOX says that he is either doing it with you or to you. MORE
Put it this way: just because an agency placed a technical Project Manager at a software company doesn’t mean they can find the right Chief Financial Officer or Director of Marketing in the same industry. MORE
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. MORE
Google employs around 100,000 people in its various offices in the US. All offices in North America are now on recommended work from home status if roles allow,” a Google spokesperson said in an email to CNBC. MORE
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). In more and more global companies, the CEO, directors and other key stakeholders see the GC as having importance and stature comparable to the Chief Financial Officer. MORE
Former Chief Operating Officer of Pinterest, Françoise Brougher, has filed a lawsuit against the company alleging gender discrimination and wrongful termination. MORE
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%.”. The Chief Marketing Officer will care about market share. Army as a combat arms officer. MORE
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. MORE
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. It is due to these workers that success can be achieved, and that the day-to-day operations run smoothly. However, how do you find these types of employees? MORE
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. MORE
Last month, Patrick Pichette, Google’s 52-year-old chief financial officer, announced that he was retiring to spend more time with his family. Michelle Hickox, the chief financial officer of Independent Bank in Texas, and her husband Rob both worked as accountants for many years, a field that can require long hours at tax time. MORE
The evolutionary path of the Chief Financial Officer continues with assuming the driving seat in companies’ digital transformation. All of this calls for urgent reskilling and upskilling across all departments, not just financial. MORE
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.), franckreporter/Getty Images. It’s easy to be confused about how to grow in your career. MORE
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. MORE
Brian Paradis was the Chief Financial Officer for Florida Hospital when he was tasked with leading the troubled organization in 2006. I MAGINATION is about seeing what others don’t see. In a disruptive world, we need leaders with more imagination. We all have the capacity for imagination and applied it has the power to unlock or fullest potential. MORE
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? MORE
If you’ve been in the market for new business insight technology, such as a financial services analytics solution, the benefits of these are obvious. People may be partial to the bank’s existing way of doing things, especially for major tasks like financial analysis and reporting. MORE
If you answered B , then it’s time to get out of your office and hit the road again. If you answered E : C stands for Chief, as in Chief Executive Officer, Chief Financial Officer, Chief Operations Officer, Chief of Staff, Police Chief, Chief Rabbi, Commander in Chief, Chief Justice, Chief Sitting Bull, etc…. MORE
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. While working for a large, rapidly expanding non-profit, I was tasked with upgrading the organization’s technology. We anticipated doubling in scale over 12 months. MORE
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. MORE
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. MORE
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. MORE
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. MORE
Accountants deal with statistical data, such as financial records, costs, and profits. Chief Financial Officer (CFO). Bookkeepers usually look after routine financial tasks such as billing and payroll. Accountants work with numbers. MORE
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. One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking. MORE
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. MORE
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. In a survey of over 1,000 office employees and more than 2,200 chief financial officers, respondents were allowed to choose up to 3 responses to the question: Which of these are the most important attributes in a corporate leader? The following is a guest piece by Terri Williams. MORE
The providers and front-office staff know what’s comforting to this particular child, making the experience calm, as opposed to a blood draw where you’re calling security to try to hold down a child. All of those have a financial plus side to them, but more importantly, the top doctors and researchers are attracted to that kind of atmosphere. I knew I had to get a top chief financial officer. MORE
CEO Insider Chief financial officer Insider Chief marketing officer Insider Chief networking officer Insider Chief operating officer Insider Chief privacy officer Insider Chief process officer Insider Chief procurement officer Insider Chief product officer Insider Chief quality officer Insider MORE
Business Ownership Strengthens Your Employee Net Worth: In most positions you rarely get the opportunity to experience the functions associated with the roles of a Chief Executive Officer, Chief Financial Officer, and Chief Marketing Officer, as well as manage the day-to-day requirements for customer engagement and retention. I S IT POSSIBLE to have your cake and eat it too? MORE
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. Yet, he’s the Chief Financial Officer of a major organization. Ben Lichtenwalner presents Digital Media and the Future of Leadership at Hope College’s Critical Issues Symposium. MORE
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. MORE
At the time we launched my second business, Sigma Communications, and its flagship magazine, The National Register of Commercial Real Estate , the biggest issue facing chief financial officers and real estate executives was their surplus real estate. Malls and office buildings sat empty, ushering in the term “see-thru buildings.”. MORE
announced that its chief financial officer Josh Smiley had resigned over his involvement with an employee in the firm. The company believes the conduct wasn’t related to any financial controls or financial reporting. Eli Lilly & Co. MORE
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. MORE
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. MORE
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. Key industry segments are heavily represented — financial services, where data is plentiful and data investments are substantial, and life sciences, where data usage is rapidly emerging. MORE
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. When Howard Schultz initially proposed to buy Starbucks from its founders, the chain had three stores; he had a plan to expand to 150 stores. Today Starbucks has more than 22,000 stores and is now opening in Italy — a lifelong dream for Schultz. MORE
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. MORE
The top managers are the C-suite managers and carry the titles of chiefs-- the chief executive office, the chief financial officer, the chief marketing manager, the chief operational manager, and the chief technology manager. MORE
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. MORE
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 MORE
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. This rule was pushed through by the new head of Japan’s Financial Services Agency, an outspoken critic of the high pay awarded to corporate executives. As a result, when making close calls on the company’s financial reports, that auditor may be too deferential to Nissan management. MORE
Chief Financial Officer Related Topics 
CEO Insider
FEBRUARY 17, 2021
CEO Insider Chief financial officer Insider Chief marketing officer Insider Chief networking officer Insider Chief operating officer Insider Chief privacy officer Insider Chief process officer Insider Chief procurement officer Insider Chief product officer Insider Chief quality officer Insider
N2Growth Blog
FEBRUARY 8, 2021
The evolutionary path of the Chief Financial Officer continues with assuming the driving seat in companies’ digital transformation. All of this calls for urgent reskilling and upskilling across all departments, not just financial.
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Leading Blog
JUNE 5, 2019
Brian Paradis was the Chief Financial Officer for Florida Hospital when he was tasked with leading the troubled organization in 2006. I MAGINATION is about seeing what others don’t see. In a disruptive world, we need leaders with more imagination. We all have the capacity for imagination and applied it has the power to unlock or fullest potential.
HR Digest
FEBRUARY 10, 2021
announced that its chief financial officer Josh Smiley had resigned over his involvement with an employee in the firm. The company believes the conduct wasn’t related to any financial controls or financial reporting. Eli Lilly & Co.
Leading Blog
AUGUST 20, 2019
Business Ownership Strengthens Your Employee Net Worth: In most positions you rarely get the opportunity to experience the functions associated with the roles of a Chief Executive Officer, Chief Financial Officer, and Chief Marketing Officer, as well as manage the day-to-day requirements for customer engagement and retention. I S IT POSSIBLE to have your cake and eat it too?
Coaching Tip
DECEMBER 13, 2014
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.
Tanveer Naseer
FEBRUARY 14, 2017
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. In a survey of over 1,000 office employees and more than 2,200 chief financial officers, respondents were allowed to choose up to 3 responses to the question: Which of these are the most important attributes in a corporate leader? The following is a guest piece by Terri Williams.
Chart Your Course
JANUARY 13, 2017
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. In the days after the Sarbanes-Oxley Act of 2002 (SOX), a chief executive cannot hide behind the acts of the CFO. If your CFO is doing something financially shady, SOX says that he is either doing it with you or to you.
Great Leadership By Dan
MAY 7, 2020
Put it this way: just because an agency placed a technical Project Manager at a software company doesn’t mean they can find the right Chief Financial Officer or Director of Marketing in the same industry.
Strategy Driven
JULY 21, 2020
Accountants deal with statistical data, such as financial records, costs, and profits. Chief Financial Officer (CFO). Bookkeepers usually look after routine financial tasks such as billing and payroll. Accountants work with numbers.
HR Digest
MARCH 11, 2020
Google employs around 100,000 people in its various offices in the US. All offices in North America are now on recommended work from home status if roles allow,” a Google spokesperson said in an email to CNBC.
EnLeadership
JULY 29, 2010
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.
Great Leadership By Dan
JULY 26, 2018
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.
|
HR Digest
AUGUST 12, 2020
Former Chief Operating Officer of Pinterest, Françoise Brougher, has filed a lawsuit against the company alleging gender discrimination and wrongful termination.
Coaching Tip
MARCH 29, 2011
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
Modern Servant Leader
DECEMBER 11, 2014
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. Yet, he’s the Chief Financial Officer of a major organization. Ben Lichtenwalner presents Digital Media and the Future of Leadership at Hope College’s Critical Issues Symposium.
HR Digest
APRIL 6, 2020
The top managers are the C-suite managers and carry the titles of chiefs-- the chief executive office, the chief financial officer, the chief marketing manager, the chief operational manager, and the chief technology manager.
Great Leadership By Dan
JUNE 4, 2012
If you answered B , then it’s time to get out of your office and hit the road again. If you answered E : C stands for Chief, as in Chief Executive Officer, Chief Financial Officer, Chief Operations Officer, Chief of Staff, Police Chief, Chief Rabbi, Commander in Chief, Chief Justice, Chief Sitting Bull, etc….
Strategy Driven
OCTOBER 26, 2016
At the time we launched my second business, Sigma Communications, and its flagship magazine, The National Register of Commercial Real Estate , the biggest issue facing chief financial officers and real estate executives was their surplus real estate. Malls and office buildings sat empty, ushering in the term “see-thru buildings.”.
Modern Servant Leader
DECEMBER 13, 2011
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. While working for a large, rapidly expanding non-profit, I was tasked with upgrading the organization’s technology. We anticipated doubling in scale over 12 months.
Strategy Driven
NOVEMBER 20, 2018
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. It is due to these workers that success can be achieved, and that the day-to-day operations run smoothly. However, how do you find these types of employees?
Harvard Business
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). In more and more global companies, the CEO, directors and other key stakeholders see the GC as having importance and stature comparable to the Chief Financial Officer.
Deming Institute
JANUARY 9, 2017
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. One of Dr. Deming’s 7 deadly diseases is: Emphasis on short-term profits: short-term thinking.
Strategy Driven
NOVEMBER 22, 2016
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%.”. The Chief Marketing Officer will care about market share. Army as a combat arms officer.
Harvard Business
MARCH 28, 2018
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?
Harvard Business
NOVEMBER 17, 2017
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.
Harvard Business
NOVEMBER 16, 2017
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.
Harvard Business
MAY 31, 2017
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.
Harvard Business
DECEMBER 20, 2016
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.
Harvard Business Review
MARCH 26, 2014
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.
Harvard Business
SEPTEMBER 14, 2016
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.
Harvard Business
DECEMBER 7, 2018
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. This rule was pushed through by the new head of Japan’s Financial Services Agency, an outspoken critic of the high pay awarded to corporate executives. As a result, when making close calls on the company’s financial reports, that auditor may be too deferential to Nissan management.
Harvard Business
JANUARY 19, 2018
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.
Harvard Business
JUNE 8, 2018
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.
Harvard Business
NOVEMBER 30, 2018
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.), franckreporter/Getty Images. It’s easy to be confused about how to grow in your career.
Harvard Business
AUGUST 3, 2018
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.
Harvard Business
JUNE 22, 2017
The providers and front-office staff know what’s comforting to this particular child, making the experience calm, as opposed to a blood draw where you’re calling security to try to hold down a child. All of those have a financial plus side to them, but more importantly, the top doctors and researchers are attracted to that kind of atmosphere. I knew I had to get a top chief financial officer.
Harvard Business Review
APRIL 14, 2015
Last month, Patrick Pichette, Google’s 52-year-old chief financial officer, announced that he was retiring to spend more time with his family. Michelle Hickox, the chief financial officer of Independent Bank in Texas, and her husband Rob both worked as accountants for many years, a field that can require long hours at tax time.
Harvard Business Review
AUGUST 29, 2011
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.
Harvard Business Review
OCTOBER 11, 2011
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.
Harvard Business Review
MARCH 9, 2016
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. When Howard Schultz initially proposed to buy Starbucks from its founders, the chain had three stores; he had a plan to expand to 150 stores. Today Starbucks has more than 22,000 stores and is now opening in Italy — a lifelong dream for Schultz.
Harvard Business Review
FEBRUARY 9, 2016
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. Key industry segments are heavily represented — financial services, where data is plentiful and data investments are substantial, and life sciences, where data usage is rapidly emerging.
Harvard Business Review
MARCH 22, 2013
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.
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