- Overcoming the Challenges CFOs are Facing Today
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- Lynne Sampson, caught my attention in an article she published earlier this year, Top Challenges for CFOs*. In the article she lists the top 10 challenges currently facing CFOs. It’s a good list. There is also an excellent chance you are wrestling with one or more of these challenges today. With that in mind, below are resources to help you overcome any of the 10 challenges you are facing today. Share this liberally with your team to get over these hurdles faster and grow their capabilities. A Win-Win!
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Take Assessment Watch Video- CFO Talk The New Gold Rush - Monetizing Proprietary Data in the AI Era
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- In this episode of CFO Talk, host Steve Rosvold sits down for a fireside chat with AI expert and partner at D2A2, Tobias Zwingmann, to explore how business leaders can monetize proprietary data in the age of AI.
- Change – The Great Elixir for Solving Problems
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- Today we are confronting centuries of systemic social injustice – racism; an environmental threat not experienced for generations – a pandemic; and a financial crisis whose final chapters are yet to be written – economic turmoil. These three foes have something in common. A global population uniting to fight them. With long memories and a little luck these common foes will help us make a permanent change that will create a more unified human existence.
Governance & Controls – structure and controls.
Transaction Recording – systems, transaction processing and closing the books.
Reporting - efficient, timely and accurate information for decision making and meeting compliance requirements.
Accounting
Business Planning - provide the financial roadmap for the company with supporting analytics.
Financial Forecasting - integrate the company’s current performance relative to budget with the real-time business environment.
Investment Analysis - the framework to analyze new opportunities as they present themselves.
Finance
Cash Management - the discipline to ensure cash is available to operate the business normally.
Funding - Planning for and raising funds to meet the needs of the business.
Risk Management – Identification and mitigation of key business risks.
Treasury
Self-Awareness - Internal.
Team Building - External.
Strategy & Culture – Motivate people to follow you.
Leadership
Four Pillars of Executive Expertise
CFO.University is built around the Four Pillars of CFO Success. These Pillars are supported with Core Competencies. Our framework allows you to master your role as a senior financial officer. The Four Pillars are made up of:
Accounting – Governance & Controls, Transaction Recording and Reporting
Finance – Business Planning, Financial Forecasting and Investment Analysis
Treasury – Cash Management, Funding (Capital Raising) and Risk Management
Leadership – Self Awareness, Team Building and Strategy & Culture
