Why the CFO Has the Hardest Job on Your Leadership Team

The role of the Chief Financial Officer (CFO) in businesses has been expanding and evolving rapidly. A recent report by SAP Concur tackles the emerging theme of CFOs taking increasing responsibility for managing uncertainty in their organizations. SAP Concur surveyed 220 chief financial officers and senior finance leaders for its latest CFO Insights report. The …

The Importance of Strategic Decision-Making for CFOs

As the financial landscape becomes increasingly complex, the Chief Financial Officer (CFO) role has become one of the most critical positions within a company. Today’s CFOs must think strategically and make well-informed decisions supporting their company’s long-term growth and sustainability. Strategic decision-making is crucial for CFOs as they navigate an ever-changing business environment, and their …

The CFO Role

New Role of the CFO The traditional role of CFO is going beyond reporting. CFOs are now responsible for more departments (such as IT and procurement for example), digital transformations and ESG (environmental, social, and corporate governance). With the expansion of the CFO position investors are having to be more aware that resources and talents …

How an Interim CFO can Assist with Financial Leadership, Direction, and Beyond

This is the second in a series of five articles about how an experienced CFO can assist businesses as an interim CFO, at any stage of their life cycle. Strong financial leadership and direction is key. According to a recent study conducted by the Harvard Business Review, companies with strong financial leadership outperform their peers …

Can we get there from here? Part 1 – The Importance of the CFO’s role in Enterprise Sustainability

Whether under pre-existing acronyms or driven by global interest groups, employees, supply chain partners, regulators, activists and other stakeholders, the impetus to address ESG and Sustainability has been long underway. Under the backdrop of COVID persistence, and global geopolitical and economic challenges, the playing field continues to evolve. It reminds me of the phrase (or …

The Life of a CEO: Set the Direction, Communicate Often and Be Inspiring

Q. What were some lessons from earlier in your career that helped set you up to be a CEO? A. I tried a lot of different things and I moved laterally a lot. Instead of staying in one function, I jumped into new areas. I was really comfortable feeling really stupid for six months to …

Leadership or Management. Which is more Important?

Today, I received an email from someone who was upset saying “all you need to run an organization effectively is management and not leadership.” Well, this may work if your team is comprised of robots and if you don’t care about leaving a legacy. As soon as you hand in your resignation or retirement letter …

Leadership and Management

Leadership and management go hand in hand, they are different and yet also have massive overlaps in both meaning and application. The terms “leadership” and “management” are often used interchangeably. While there is some overlap between the work that leaders and managers do, there are also significant differences. Let’s look at some definitions to help, …

Leadership and influence: Why it matters more than ever

The recession had taken a toll on the industry, and I was working at a part-time “in-between” job when the call came through. I could hardly contain my excitement as I told my parents and friends the good news. I secured an interview for the following day. The idea of being a manager was so …