- 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.
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Take Assessment Watch Video- The State of Enterprise Resource Planning
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- In this article Sam Gupta reports Enterprise Resource Planning (ERP) wasn’t designed for intelligent agents, dynamic workflows, or machine-driven transactions. Yet those are now becoming the default operating model for modern businesses. As AI capabilities mature, most business models will change materially. This shift is likely to drive the largest disruption CFOs will experience in their careers. Everything is in scope. Web traffic patterns. Interaction models. Transactional workflows. Learn why Sam writes, “There is a very real possibility that ERP, as a category, either disappears entirely or evolves so far that it no longer fits its traditional definition.”
- Tips for Receiving Feedback—and Putting It to Use
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- Our brains are hardwired to sense threats. And not just physical ones: when we perceive something as a threat to our ego, stability or sense of belonging, the part of the brain that regulates our emotion catches fire. When that happens, and we’re full of emotion, we struggle to think clearly and rationally.
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
