CFOs are facing challenges that include expanding markets, growing sales, improving margins and reducing costs. More and more often these challenges are being addressed through the lens of digital transformation. Gartner defines digital transformation as “the process of exploiting digital technologies and supporting capabilities to create a robust new digital business model.”

How are you positioned to lead digital transformation at your company?

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In this 5 minute video Saleem uses the wonderful analogy of driving a car to describe the role of a CFO in a high performing business model.

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Creating self-awareness is fundamental for a successful leadership journey. Many people, however, struggle to understand this idea. Here is a simple framework that may help.

You can assess people along two simple criteria; what they know and what they do. Let’s call what they know their awareness or consciousness and what they do their competency level.

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So now paint me a better picture, because I’m not sure I understand exactly how CFO.University works. How do you get involved with CFO.University?

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A couple years ago I listened to a presentation by speaker and author Professor Robert Wolcott of Kellogg when I attended the Digital Manufacturing Conference for the Massachusetts Institute of Technology Leaders for Global Operations. One key question Professor Wolcott asked resonated with me, “What will happen to our business when people stop buying whatever it is we are selling?” That question made me consider how companies can maintain an entrepreneurs sense of urgency and avoid resting on their laurels? How can we prevent what happened to Blockbuster, Pan Am, and Kodak, from happening to us?

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