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.

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.

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4 Failure Points that Can Undermine Your Business – Failure Point 2: Concept Validation Is Not Enough

Strategy Driven

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.”.

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

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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.

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.

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.

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.

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).

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.

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.

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.

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.

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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.

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.

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.

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.

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.

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.

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.

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.

Bureaucracy is a Bogeyman

Harvard Business Review

And then there was the person at the top – the Chief Financial Officer in this case, to whom we eventually wrote a letter (just at the point, as it happened, when the money finally arrived). Think back, one more time, to the global financial crisis and what caused it. And the result, as with my unpaid invoice, was that the outside world ended up owning the problem (risk) and its consequences (financial meltdown).

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.

The CEO of Children’s National Health System on Leadership, Innovation, and Delivering Specialized Care

Harvard Business Review

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.

The Most Important Negotiation in Your Life

Harvard Business Review

Whether they''re pitching to a customer in an office, brokering a peace deal at Camp David, or arguing over curfew at the kitchen table, negotiators are people trying to persuade other people of their point of view. The Big Four are: The Chief Executive Officer: your inner Dreamer. The Chief Financial Officer: your inner Thinker. The Chief Operating Officer: your inner Warrior. Life is a series of negotiations.

An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. Although Zhou had outperformed the financial plan, the gap between 3721’s market position and the local competition was widening.

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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.

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.

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.

The Rise of the General Counsel

Harvard Business Review

Because "business in society" issues pose so much risk (and in some cases opportunity), the general counsel is viewed in many companies having the same stature as the Chief Financial Officer. In these, financial incentives are aligned (i.e., In a special New York Times section on business and law , Andrew Ross Sorkin opines: "As regulations change and the threat of litigation rises, the importance of lawyers has never been greater."

How Share-Price Fixation Killed Enron

Harvard Business Review

Despite its infamous financial chicanery, it still appeared to be a viable, profitable firm. At the annual conference of the Association of Certified Fraud Examiners late last month, former Enron Chief Financial Officer Andrew Fastow, who served six years in prison for his part in Enron''s deceptions, offered an explanation. But after hearing Fastow speak twice to my Financial Statement Accounting class and reviewing independent evidence, I think I have good idea.

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.

Looking for a Job When You're No Longer Young

Harvard Business Review

The organizational "geography" also matters — chief marketing officer versus chief financial officer. If so, tease apart the issues one by one: If you feel intimidated by new technology, ask for help from someone outside the office. We operate in a business landscape driven by an obsession with youth. I should know. I used to work in the red-hot center of one of the most youth-oriented companies on the planet, Nickelodeon.

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.

An Activist Investor Lands in Your Boardroom — Now What?

Harvard Business Review

But Motorola’s markets were transforming in the mid-2000s, and chief executive Greg Brown and his board decided in March 2008 that the company should be split in two: Motorola Mobility would take its mobile phones and related devices, and Motorola Solutions its mission-critical data and communication products. Activist investors, though neither barbarians at the gates nor corporate raiders, can still seem very unwelcome.

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.

Build Your Team Like an Executive

Harvard Business Review

For example, Tim Sheahan, Chief Financial Officer for a large division of a multi-national corporation, aspires to become CFO of a Fortune 100 company in the future. This story had a happy ending since Tom took stock of his career, shifted to a new job in financial management, and has been extremely successful. Virtually all leaders espouse the benefits of a strong management team. However, they use starkly different levers to build one.

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.

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.

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.

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