- Developing Your KPls and Measuring Your CFO Pillars of Success - Part I
-
- The objective of our video presentation, Developing Your KPls and Measuring Your CFO Pillars of Success, is to inspire you to develop a great set of KPIs for your business and learn how to assess your activities objectively, to help you target key areas for improvement. We discuss KPIs in terms of Sales and Marketing, Delivery and Operations, in addition to areas CFOs are traditionally more familiar with, Talent Development and Resource Utilization.
Join our Community of Member Scholars for tools, courses and exclusive content to develop your skills as a Chief Financial Officer.
Take Your Personalized CFO Readiness Survey by clicking the Take Assessment button below.
Take Assessment Watch Video- Little’s Law (LL)
-
- “LL states that the long-term average number of customers in a stable system L is equal to the long-term average effective arrival rate, λ, multiplied by the average time a customer spends in the system, W. Expressed algebraically, LL appears quite simple: L = λ W
- CFO Talk: People Focused Finance with Kevyn Rustici
-
- Kevyn and Steve discuss how a strong relationship between finance and human resources is value creating for our businesses. Kevyn encourages leaders to develop a strategic view of talent centered on professional development where success is measured in terms of quantifiable performance improvement. An added bonus, recruiting and retention are also enhanced through strong professional development programs. Enjoy the CFO Talk.
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
