- Six Signs Your Company Needs ERP Therapy
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- Many of our human physical discomforts are associated with the suffix “-itis”. There’s tonsillitis, arthritis, bursitis, dermatitis, hepatitis and more. If our “itis” discomforts persist, we typically seek expert advice and treatment. The suffix “itis” simply means something is irritated or inflamed. With minor bodily discomforts, one may choose to “just live with it.” But in business, as in health, the implications of these symptoms may not be something to go undiagnosed and untreated.
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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.
- The Career Development Habit
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- “We are what we repeatedly do. Excellence, then, is not an act but a habit.” -Aristotle As each new year begins, a lot is written on the subject of habits. Habits associated with health and wellness. Habits associated with mental outlook and happiness. And habits associated with greater professional success. Habits really are at the core of excellence in any arena – including career development.
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
