CFOs and Global Economic Leadership - (01:11)
What I’ve tried to do is target the CFOs and probably CFOs of three to five years, but then it’s also their direct reports. That’s who I think can benefit the most by our learning platform.
What I’ve tried to do is target the CFOs and probably CFOs of three to five years, but then it’s also their direct reports. That’s who I think can benefit the most by our learning platform.
So you’ve had a bookkeeper, and they’ve been very effective, and you think they’re all you need. Think again.
Here’s how I define the roles of a CFO. There are four pillars: Accounting, Finance, Treasury, and Leadership.
Enjoy this series of shorts on Leadership from Jim.
I know, the title is clumsy…but it got your attention. That’s the problem: following up, the power in leadership, is a plain, quiet skill languishing in the shadow of strategy and starting.
Strategy is sexy and fun. It’s the subject of endless articles, videos, and debate. It’s what CEOs are supposed to do, according to folks who’ve never been a CEO. Strategy is vital when it’s time, but most of the time (years, actually) it’s not on the table, and looking at it sooner qualifies as pulling up the plant to see how its growing.
A business’ value is generally based on the present value of expected future cash flows. Unfortunately, forecasting these cash flow streams can be difficult. The most common method of valuation, the Market Approach, derives a business’s value by looking at transactions for businesses within the same industry that are of similar size and operational characteristics. In theory, this is similar to how you might value your house, except that there are a lot more variables and comparable data is not readily available.