There are various ways companies implement performance improvement measures. This article shares a number that you can use to improve the performance of your accounting and finance teams.
Tom Burke, a serial CEO in the pharmaceutical space, shares his experience with senior financial leaders and how their role and their relationship with the CEO has changed during his career.
Speaking from experience, here is one of Tom’s messages to CFOs,
“I have been in companies where the CFO is referred to as the brakes, the brakes on the organization. I don’t think that’s in their best interest, number one, and two, that’s not really their
role. Their role is to determine how best to work in a given situation.
So, as the CEO’s partner, it’s important the CFO inform the CEO and leadership group about potential challenges. But I think it’s much more important the CFO is consider how ways we can make it work.”
Learn more from Tom on how CFOs can create value by partnering with their CEOs in this CFO Talk: The CEO/CFO Relationship.
Enjoy, Learn. Engage. Grow.
Including effective sustainability concepts into the financial strategy of companies is a major challenge CFOs face today.
The implementation of sustainable business models presents several aspects to consider. Among them, new skills that must be acquired to meet the requirements, complying with reporting obligations, complications arising from using non-financial indicators and compliance with the different global and local regulations stand out. In Parts I-III of this series I addressed these aspects. In the final part I address the challenges and opportunities for CFOs in these new business models.
Including effective sustainability concepts into the financial strategy of companies is a major challenge CFOs face today.
The implementation of sustainable business models presents several aspects to consider. Among them, new skills that must be acquired to meet the requirements, complying with reporting obligations, complications arising from using non-financial indicators and compliance with the different global and local regulations stand out. In this article we will address the skills that CFOs must develop to get the most out of these initiatives.
As the grandfather of a 3-year-old and a near 3-year-old I hear a lot about Dragons. When they first meet these fire breathing beasts our youngsters share a lot of skepticism. But as the stories unravel and they learn more about the Dragons they find ways to befriend them ….and almost every tale ends with the dragon flying them wherever they want to go.
