I was recently asked to join a Board of Directors at a local Community Bank that operates in Arizona, Nevada and California. The experience has been a valuable one for me; starting with the interview process and up to our most recent meeting.
IRR is a valuation metric in which the net present value (NPV) of a stream of cash flows is equal to zero.
Commonly, the IRR is used by companies to analyze and decide on capital projects.
Steve: Welcome to CFO Talk. My name is Steve Rosvold. I am the founder of CFO.University. Today, we have Hiten Keshave with us. Hiten is the CFO at PRP Solutions in Johannesburg, South Africa. He’s gone through a finance transformation at his company that I’m excited to have Hiten share with our Member Scholars. Welcome, Hiten.
As just about any finance professional knows, there’s a huge need for FP&A teams to become more strategic partners to the business. When we surveyed more than 300 CFOs on how FP&A can play a broader role in guiding corporate planning and performance, 75% said they wanted their teams to have a significant and strong impact on their organization—but only 46% believed they could have that kind of impact in the near future. What was the disconnect? The chief reason cited was a lack of time for strategic planning.
WHAT is Bottom Up Leadership?
Bottom-Up leadership is thinking differently and being the pioneer amongst the other executives who promote a better way of thinking and doing. Bottom up leaders contribute towards the career journey of an individual, with the principle of “lead as if you were following”.
