- Data Lineage 104: Documenting data lineage
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- In the first three articles (Data Lineage 101, 102 and 103) we have discussed why we need data lineage, what data lineage actually is and what are the key legislative requirements for data lineage.
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- Turning around, launching or restarting a business takes time and careful planning. It’s a venture fraught with challenges, often leaving leaders facing these characteristic challenges: I need to set some financial targets and work hard to reach them. My financial statements are inaccurate; what can we do to achieve greater transparency? Our business plan is developed, but it needs fine-tuning. The books are always closed late; how can we improve efficiency? Our current systems aren’t meeting our needs; what are our options? We thought we had enough working capital but are short on cash to meet daily expenses. The CFO is lacking the skills and training required for our new vision.
- Are soft skills the elephant in the room?
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- Soft skills are not fluffy or namby-pamby but, emerging as vital links to high-performance, growth mindset and future business success. This article explores why businesses can’t afford to ignore the ‘soft-stuff’ anymore.
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
