- Reputational Risk
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- A strong risk culture, a proactive board and operational resilience are among the keys to successful reputational risk management. As Warren Buffett once said, “It takes 20 years to build a reputation and five minutes to ruin it.” This rings especially true today, as high-profile crises – including handling a pandemic, economic collapse, cyberattacks, product recalls and damaging social media posts – are prevalent.
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Take Assessment Watch Video- CFOs can be an Agent for Change in the Supply Chain
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- Recently I took part in a webinar hosted by Brian Blalock and BlueGrace Logistics, titled THE CFO: How They Can Be a Change Agent in the Supply Chain. It’s a topic I love for two reasons. First, the supply chain spans all parts of a business and, second, it’s an area where collaboration between the Supply Chain team and finance team can create huge value.
- CFO TALK - Managing Transformational Change with Nilly Essaides
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- In this episode of CFO Talk, Nilly Essaides, Managing Director of Research & Insight at NeuGroup, and Steve discuss the evolving role of the CFO and the finance function in the face of the transformational change taking place in their businesses. Nilly recently published research on the topic (link below) and shares insights from the study on this episode of CFO Talk.
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
