CFO Talk: Next Generation Finance
In this special CFO Talk Steve and Andy discuss finance transformation and how it’s different at every company and for every CFO.
3 Way Thinking For The Finance Professional And Its Role In Creating Value
Most people think that business involves decisions around selling more stuff or spending less money, and accountants would typically record the results of these types of activity in a profit and loss or net income statement, but is this enough to ensure enterprises achieve sustained profitable growth?
Activity Value Management (AVM) – A New Perspective on Costs and Performance Management
Consider the following questions…
1. Is the way you compute and measure product and service costs and profitability affecting your organization’s ability to make informed decisions?
2. Do you know exactly what employees are actually doing to create and improve value?
Profitability Analytics as a ‘West Side Story’
People think by comparisons. So let me give you an analogy. I am a big fan of movies – old black and white ones, new ones with special effects, and most types in between. I especially like musicals. One of my favorite musical films is West Side Story, released in 1961. A few years ago Stephen Spielberg directed an updated version of the movie.
Does Your CFO View You As An Asset Or An Expense?
The rate of change impacting many of our enterprises and industries continues to escalate. Of the many jobs within our organisations, one in particular has become much more demanding. It’s the role of the CFO. The person responsible for ensuring the organisation they serve is growing both sustainably and profitably.
So then, how do CFOs decide who to hire into their finance organisations to meet and overcome these challenges?
