Strategic thinking is one of the important soft skills, requiring CFOs to envisage long-term trajectories and align efforts with corporate goals. It focuses on analytical thinking, assessing various scenarios, and crafting strategies that navigate potential pitfalls effectively. A forward-thinking CFO cul...
Today, Datasite’s CFO Tom Donnelly shares his thoughts on meeting structures, leadership self-awareness, and the importance of developing talent. If you’d like to be featured in a future post, please email us here. Tom Donnelly, CFO Datasite Datasite is a software-as-a-service provider ...
The journey to becoming a CFO begins in undergraduate school, where you must earn a bachelor's degree in finance, accounting or business administration. Since CFOs typically land the job by working their way up through the ranks, the next step is to find an entry-level position in the accou...
Communication Skills:Effective leaders don’t overlook the soft skills they need to communicate important information.What sets a good CFO apart is their ability to translate what the numbers mean into language appropriate for the audience they’re talking to, whether it’s employees or investors. ...
Most important, the CFO should empower members of the finance team so that they receive ideas in the early stages. The CFO can have only a limited impact with a set of already polished financial plans. The potential for successful innovation is far greater if the CFO ...
As a result, it’s important to reassure them that their data is safe and will be used only for specific purposes. Don’t say “We are implementing tool X as of <date>. It will provide a better experience and more opportunities for success.” ...
I think that charismatic leadership from the CFO will be the requirement of the future. Sean Brown: You also address the CFO’s role regarding talent. Tell us a bit more about that. Ankur Agrawal: Another really important message out of the survey is seeing the finance function and the ...
“But over the last one or two years, it has become exponentially more important, driven by investors as well as other stakeholders. That has led to a number of initiatives recently that will change the goalposts significantly, including for the finance function. In particular, those inv...
“Some applications are way more important than others. CISOs should work with CFOs, and sometimes other executives, to prioritize enterprise risk and protect the crown jewels. And sometimes, the CFO needs to be willing to challenge the CISO’s thinking.” When assessing the potential impact of...
Whether you're excited to invest in your business, or hesitant to take the risk, you'll need to do some important prep work before you dive in. Here are three tasks to complete prior to investing in your business.