What Type of Variance Analysis Creates the Most Potential for Insights
We polled our community to determine, What Type of Variance Analysis Creates the Most Potential for Insight. The results weren’t surprising but the margin was.
We polled our community to determine, What Type of Variance Analysis Creates the Most Potential for Insight. The results weren’t surprising but the margin was.
Every trade and every industry has a strategy to help ensure success. For carpenters and tailors, there’s the old adage, “measure twice and cut once”. For businesses, the path to maximizing your likelihood of success lies in taking the time to do a full and proper assessment of your business systems, people and practices.
The role of CFOs has evolved significantly over the past decade. In addition to traditional finance functions, today’s CFOs are also responsible for driving innovation, implementing digital solutions, and improving business performance. As the business world continues to become more digitally focused, CFOs are required to lead the charge in driving digital finance transformation.
In this CFO Talk Andy defines the business focused finance leader and describes the qualities that make a business focused finance leader.
Andy highlights how the qualities of business acumen and leadership ‘sit on top’ of the tools and techniques that make up our expertise as financial professionals.
In this CFO Talk Gary helps us understand the importance of strategic influence and how to grow it.
He responds to the question, How do you get influence? this way. “Number one, you need to figure out how to get access to it. And number two, once you get access to it, how do you use that properly. So the person that gave it to you will want to let you use it again. Because people who have influence don’t want that reputation to be tarnished. They want it to be upheld, they want it to have a positive impact on them and you. So imagine someone says that means I can trust you, I’m gonna give you more opportunity to use my influence, which reflects well on them and you. From then on you begin to create your own influence, through reputation and through trust that people have in you. So influence is a progressive thing. It doesn’t happen all at once. It happens slowly, bit by bit over time, it might pick up speed, you build momentum. And all of a sudden you become a person of reputation, a person of influence.