THE SURVEY SAYS: WHAT MAKES A GOOD CFO?EBSCO_AspIndustry Week/IW
“A good CFO is a business partner to the CEO,” says Nayar. The finance leader should fully support the chief executive in public but be willing to offer frank criticism in private.Reevaluate your team and develop future leadersA few years into your tenure...
What makes a successful CRO? If you’ve decided that now’s the time to bring on a Chief Revenue Office, it’s important to get the right person for the job. Let’s look at a few people with a good CRO track record, who have successfully filled this role at other companies. Reviewi...
Those are all table stakes. Beyond that, CFO skills and experience in two areas are particularly prized today:technologyand sustainability. The rapid digitization of finance functions and corporate operations in general makes tech savvy critical. Hiring committees grill CFO candidates about their knowledg...
The CFO and other business leaders want to know how well the company is performing so they can make the best decisions for the health of the business. They want to know that the business is performing to plan, and that it’s providing a good return to the company’s investors. Good ...
What is a good quick ratio? The ideal quick ratio could vary by industry. For example, if your industry average is 3.0, a ratio of 2.0 might indicate relatively weaker liquidity CFO tip: improve your quick ratio Reducing unnecessary expenses, deferring non-essential capital expenditures and rene...
Tracking inventory manually makes it virtually impossible to see stock levels in real time, which is crucial to fulfillment, production, and sales plans. Without a consistent view of stock levels, it’s also difficult to make strategic decisions for the future, such as where to store inventory ...
and successful organization. To some degree, the influence of the C-suite depends onhow the organization is structured. A flat reporting structure, for instance, decentralizes decision-making and requires collaboration at all layers of the organization; a rigid hierarchy makes it imperative that C-...
Is Management Accounting a Good Career? Management accounting is definitely a good career if you enjoy math and generally have an aptitude for working with numbers. It's also a great option if you love supervising, doing analysis, working with financial statements, making decisions, solving problem...
Leadership also refers to the tone a company's management sets in terms of the corporate culture. Some people with strong leadership skills in the business world rise to become the CEO, COO, CFO, president, or chair of their companies. ...