CFO Talk: Secrets for CFOs in Managing Their Boards with Anand Soni
In a recent episode of CFO Talk, seasoned finance leader Anand Soni shares insightful advice on managing boards and ownership as a CFO. His extensive experience in handling complex family-held businesses offers valuable lessons for finance professionals seeking to navigate the challenges of dealing with board members and ownership. Here are three key takeaways from the discussion:
1. Patience and Listening: Anand emphasizes the importance of actively listening to board members and family owners. He discusses the significance of patience and the art of absorbing more information through attentive listening. By leveraging effective communication and attentiveness, finance professionals can garner valuable insights and engage in meaningful dialogue with board members.
2. Solution-Oriented Mindset: Anand underscores the need for a solution-oriented approach when dealing with the board. He highlights the significance of offering practical, tactical solutions over ego-driven wisdom. By focusing on problem-solving, finance professionals can build credibility and foster productive relationships with board members and family owners.
3. Embracing Change and Adaptability: Anand stresses the importance of adaptability and a willingness to engage in a mindset change. He encourages CFOs to be open to evolving their perspectives, aligning with board members’ rational thinking, and embracing change when necessary. This adaptive approach can contribute to a positive, collaborative relationship between the CFO and the board.
For a comprehensive understanding of Anand Soni’s insights, including additional practical advice on managing boards and ownership as a CFO, be sure to watch the full CFO Talk episode. Gain valuable wisdom from his experience and discover actionable strategies for effectively handling the challenges of board management and ownership in the finance sector.
Tune in to the full episode of CFO Talk - Secrets for CFOs in Managing Their Boards with Anand Soni to uncover a wealth of practical knowledge and guidance from a seasoned finance leader. Get ready to enhance your board management skills and excel in your CFO role. Watch the enlightening discussion now to elevate your finance leadership capabilities.
Identify your path to CFO success by taking our CFO Readiness Assessmentᵀᴹ.
Become a Member today and get 30% off on-demand courses and tools!
For the most up to date and relevant accounting, finance, treasury and leadership headlines all in one place subscribe to The Balanced Digest.
Follow us on Linkedin!
