CFO Leadership

OCTOBER 10, 2022

Research conducted for Robert Half’s 2022 Benchmarking Report found that staff retention is significant concern for 87% of employers in the United States. Senior leadership should help ensure that these managers have the tools and support they need to assume the rock star role successfully. Other BLS data shows that 4.2

Leadership 105

Leadership Benchmarking CFO Communication 105

CFO News Room

NOVEMBER 4, 2022

Representation goals — whether based on industry benchmarks or population data for the appropriate city, state, or country — are one component, but it’s equally important to incentivize leaders and create accountability systems to help make those strategies a success. This is a leadership pattern so pervasive it has a name: the “ glass cliff.”

Investments 100

Investments Leadership Accounting Analyzing Data 100

The Charity CFO

DECEMBER 20, 2023

How does one help clients understand their benchmarking? An organization is comparable to another within the same industry, and therefore they use each other to gauge success when it comes to meeting KPI goals and industry benchmarks. As a bonus, they also offer leadership development and coaching for their clients.

Nonprofit 52

Nonprofit Benchmarking Healthcare Restructuring 52

CFO Leadership

APRIL 4, 2023

For instance, say you’ve thrown together an email for your team on performance benchmarks and the email seems too lengthy. The post Should CFOs Use ChatGPT first appeared on CFO Leadership. The post Should CFOs Use ChatGPT appeared first on CFO Leadership. We’ve polled CFOs about the skills they’d like to improve.

Leadership 98

Leadership CFO Benchmarking Communication 98

CFO Talks

MARCH 14, 2024

This could involve benchmarking against industry standards, conducting financial analyses, and implementing best practices. The CFO’s role is not limited to these responsibilities alone, but the initial tenure of a CFO is a defining period that sets the tone for their leadership and the financial trajectory of the company.

CFO 40

CFO Performance Measuring Benchmarking Restructuring 40

The Charity CFO

JULY 17, 2023

Define Expectations Through Benchmarks and Other Metrics Before you can figure out if your nonprofit is healthy, you have to define what healthy means to your organization. Work with stakeholders like donors, fundraising heads, program leaders, and others to determine what metrics and benchmarks should be used.

Nonprofit 52

Nonprofit Benchmarking Auditing Compliance 52

CFO Thought Leader

OCTOBER 1, 2023

Leet concludes: “My team and I had this sense of ownership, in that we took personally the success or failure of the acquired companies—and because of this, we were able to step up and play a broader leadership role.” They’re spending a lot of money for things from which they’re not getting any value.

CFO 52

CFO Leadership Finance Leverage 52

Centage

DECEMBER 1, 2021

They’re focused less on benchmarking current performance to the predicted budget and instead want to leverage real-time data to understand what the future looks like. But times have changed – which is why financial forecasting is more important than your annual budget.

Forecasting 98

Forecasting Budgeting Financial Planning and Analysis (FP&A) Benchmarking 98

Future CFO

MAY 2, 2023

Another good starting point is to look at other companies of similar size and scale within the same industry, which have already gone through a finance transformation process, as a benchmark for your organisation. These metrics need to be concrete, measurable and directly linked to transformation outcomes.

Finance 52

Finance Benchmarking Leadership Communication 52

Barry Ritholtz

JULY 11, 2023

Wall Street Journal ) see also Five Revealing Pictures : Professional money managers do well on their “slower”, buying decisions (actually well enough to beat benchmark portfolios!). She has worked at FT since 1988, and held leadership roles in investment management, distribution, technology, operations, and high-net-worth clients.

Benchmarking 77

Benchmarking Leadership Investments Marketing 77

Future CFO

MARCH 1, 2023

To create more business impact, finance functions may need to reimagine their strategy, leadership, operating model, talent and/or technology ,” said the analyst. Industry benchmarks : Benchmarking data from similar organisations can help provide context for the metrics being measured.

Finance 91

Finance Benchmarking Compliance SAP 91

Future CFO

APRIL 7, 2024

Some audit firms conduct market studies to benchmark their remuneration against competitors and other professions, helping to ensure competitiveness. Younger employees are found to be more inclined to leave their organisations for pay-related issues, which have been exacerbated by the impact of inflation on real wages.

Finance 52

Finance Auditing Benchmarking Accounting 52

CFO Leadership

OCTOBER 10, 2023

The latter, for example, is an offering that Bloomberg says can “ bring the full potential of AI to the financial domain ” and create entirely new workflows, economic analyses and financial benchmarks for its customers. The post Preparing Your Finance Organization for the New Era of AI first appeared on CFO Leadership.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

VCFO

DECEMBER 20, 2021

It’s the “golden rule” for a reason – ageless advice and a good benchmark to vet your decisions and actions against. Walk the talk of leadership by instilling, demonstrating, and advocating for the values that we believe in and that drive our companies to succeed. Speak and act with integrity and transparency.

Problem Solving 52

Problem Solving Benchmarking Leadership Education 52

VCFO

JANUARY 27, 2022

Implementing EOS, or a similar system, will help you and your leadership team get better at three important things: Vision – Get everyone in your organization 100% on the same page with where you’re going and how you plan to get there. Healthy – Help your leaders become a more cohesive, functional, healthy leadership team.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

Future CFO

AUGUST 14, 2023

The advisory firm noted that it surveyed 249 senior enterprise risk executives in May 2023 to provide leaders with a benchmarked view of 20 emerging risks for enterprises. In addiiton, using outputs from these tools could well end up inadvertently infringing the intellectual property rights of others who have used it.

Concentration 52

Concentration Benchmarking Auditing Leadership 52

CFO Leadership

MARCH 31, 2022

According to the 2022 AFP Payments Cost Benchmark Survey, just 25% of organizations surveyed said they used them. The post Credit cards: The working capital tool for the digital era appeared first on CFO Leadership. The best kept secret. Virtual cards are completely digital and are best for paying invoices.

B2B 93

B2B Invoicing Benchmarking Leadership 93

E78 Partners

APRIL 9, 2024

Announcement: Ensure that portfolio company leadership and security teams are aligned on the required cybersecurity measures during the post-acquisition phase. Their guidance helps align your organization’s cybersecurity processes with established industry benchmarks.

Investments 59

Investments Compliance Securities Benchmarking 59

Centage

JANUARY 18, 2024

Stronger interdepartmental communication and collaboration is a good benchmark to set as a best practice for this year. Centage’s error-free, drag & drop FP&A software offers a centralized, collaborative environment to create and update regular reports, and consolidate them for leadership as needed.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Data Analysis Leverage Risk Management 40

CFO Talks

MARCH 20, 2024

Strong communication, change management, and leadership skills are crucial in this role. By embodying the four roles of the CFO and benchmarking it to the highest standards, finance leaders can effectively navigate the complexities of the modern business landscape, driving strategic growth and financial success.

CFO 52

CFO Compliance Performance Measuring Education 52

Spreadym

AUGUST 23, 2023

This helps ensure a smooth transition of leadership and critical roles. This involves identifying high-potential employees, providing them with opportunities for growth, and preparing them for leadership roles. Talent Pipeline Development Build a continuous pipeline of potential candidates for future positions.

Planning 52

Planning Leadership Compliance Analyzing Data 52

VCFO

SEPTEMBER 21, 2023

You can learn how you compare to your competitors and best in class by benchmarking your performance to a peer group. For instance, if your benchmarking shows a gross profit margin below the industry, that may signal excessive Cost of Goods Sold or Cost of Sales, suggesting operational or supplier agreement issues.

Valuation 87

Valuation Marketing Benchmarking CFO 87

PYMNTS

AUGUST 30, 2017

The search for a new CEO of the embattled ride-hailing company comes at a time when Uber is also fighting with one of its shareholders, Benchmark Capital. Benchmark is embroiled in a board battle with Kalanick, filing a lawsuit to eliminate three board seats which were added under the leadership of the former CEO.

Benchmarking 40

Benchmarking Valuation Leadership Technology 40

E78 Partners

SEPTEMBER 14, 2023

At its core, a BP&B Health Check is a benchmarking exercise that evaluates an organization’s strategic alignment and financial agility against industry standards. BP&B process and acumen are foundational capabilities, fundamental to achieving an organization’s goals and objectives.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Financial Modeling Benchmarking 52

PYMNTS

AUGUST 28, 2017

According to a news report in Reuters , citing Jeff Immelt’s Twitter feed, the GE chairman said: “I have decided not to pursue a leadership position at Uber,” adding that he had “immense respect for the company & founders.”.

Benchmarking 40

Benchmarking Valuation Leadership Technology 40

Collectiv

APRIL 13, 2022

Also, set up benchmarks to measure the success of the adoption process. What’s best for your organization depends on your reporting needs, data culture, user skills, flexibility required, complexity level, priorities, the ability to provide ongoing user training, and leadership commitment level.

Education 52

Education Benchmarking Leadership 52

Future CFO

SEPTEMBER 17, 2019

New Gartner benchmark study reveals 92% of HR leaders are prioritising budgeting and cost optimisation initiatives. During all phases of the economic market cycle, HR functions should regularly benchmark their internal data regarding their talent base (e.g., That’s the good news. Cross-function efforts.

Benchmarking 52

Benchmarking Budgeting Economics Forecasting 52

Future CFO

JULY 19, 2021

Raymond Cheng, President of HKICPA and Chairman of Judging Panel of Best CG & ESG Awards 2021.

Benchmarking 52

Benchmarking Leadership Risk Management Communication 52

VCFO

MAY 26, 2022

The process is generally led by the HR Executive with leadership team collaboration. Historically, examining compensation strategy and conducting compensation benchmarks has largely been an annual or, in some cases, even less frequent endeavor.

Communication 83

Communication Benchmarking Construction Leadership 83

CFO News Room

NOVEMBER 14, 2022

Prior to founding Journey, Penny ran a consulting and coaching firm called Thrivos Consulting, and prior to that worked in various leadership positions across the financial services industry. They also serve as a benchmark for whether team members are succeeding in their roles on an ongoing basis.

Practice Management 130

Practice Management Planning Leadership Communication 130

Barry Ritholtz

FEBRUARY 21, 2023

BUCKLEY: I think it’s one huge lesson for us, and it’s brought out in our leadership team. And right now, you look back over 10 years, our active funds, 94 percent are outperforming their competitive group averages, 68 percent are outperforming their benchmarks. I want to put that in context of leadership.

Leadership 107

Leadership Investments Profit and Loss Technology 107

Future CFO

AUGUST 30, 2021

According to Payscale.com , skills such as leadership, and financial reporting and strategic planning, won’t elevate your take-home pay much. Controllers: Companies don’t have access to historical data to benchmark their responses and performance against or help model future scenarios. But these are table stakes of the profession.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance CFO Problem Solving 52

Spreadym

AUGUST 17, 2023

Financial reporting dashboards can be used by various departments within an organization, including finance, operations, sales, marketing, and executive leadership. This is particularly valuable for executives, managers, and financial analysts.

Financial Reporting 52

Financial Reporting CFO Cash Flow Forecasting Budgeting 52

PYMNTS

JULY 24, 2019

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. The victory of Boris Johnson in the U.K.’s And while expected currency fluctuations resulting from Brexit will surely mean U.K.

Foreign Exchange 57

Foreign Exchange Currencies Treasury Benchmarking 57

Future CFO

FEBRUARY 15, 2021

While Smagh acknowledged that COVID-19 gave reasons for leadership to kick finance transformations into overdrive, he also confirmed that technology limitations have been central to many barriers that finance & accounting (F&A) teams faced during the pandemic. COVID-19 accelerates finance transformation.

Financial Data 52

Financial Data Finance Benchmarking CFO 52

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. Understanding the Role of a CFO A CFO is a high-level executive responsible for overseeing the financial activities of an organization.

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

MARCH 30, 2020

Finally, it provides a review of the Key Performance Indicators (KPIs) or which CFOs are measured (or they benchmark themselves against) as well as the finance function as a department. It also discusses what technologies are seen as important, and more importantly, where the company’s cash is being directed (you will be surprised here).

CFO 52

CFO Benchmarking Finance Technology 52