- 2 Keys to Inventory Management - You CAN Be Empty But DON’T Be Late
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- “You can’t sell out of an empty wagon,” is a favorite saying among salespeople, meaning that you have to have inventory (usually lots of it) to quickly serve your customers. But it just isn’t true! In fact, if you have a successful Just In Time (JIT) supply chain management process, often the less inventory you have, the better you can service your customers.
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Take Assessment Watch Video- Rapid Fire with Prashanth Southekal: Data Strategy and Analytics Insights
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- On Rapid Fire Prashanth responds to these questions: ⚪ How can data be a liability for a business? ⚫ What is the purpose of a data strategy? ⚪ Who should be at the center of our Data & Analytics initiatives? ⚫ What qualities are required to successfully apply Data & Analytics in your business? ⚪ What are the top 3 reason CFOs succeed in their Data & Analytics initiatives?
- Four Things Successful Leaders Have in Common
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- Moving into a leadership position changes your professional priorities. Success is no longer about your accomplishments; instead, you must create the kind of environment where others can achieve their success. Here are four traits that successful leaders share.
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
