- Are You Missing a Finance Department? You are Not Alone
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- The majority of middle market companies started as small, conservative enterprises. Your employees may still wear several hats and perform multiple tasks within the organization. It may be just fine for a small business to have their receptionist double as their accounts payable clerk, but if you plan to grow your business, you will need an accounting and finance department that can keep up and protect your company.
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Take Assessment Watch Video- Team INEOS – Lessons from the Tour de France – Lessons for our Teams
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- Team INEOS (previously Team Sky) dominated the Tour de France from 2012-2019 by winning the general classification (racer with the fastest time over the 21 stage race) seven times over that span. Although cycling may look like an individual event, team tactics and team drafting play a huge role in the outcome of a stage race, especially so for a race 3329 kilometers long.
- How to Prepare for an Economic Downturn
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- Planning for upturns and downturns in the business cycle can mean the difference between prosperity and failure. Forewarned is forearmed, and business executives should plan for the worst as well as the best. There are three fundamental steps one can take to ensure their companies not only survive but thrive during economic turbulence.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
