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Starting Strong: A New CFO’s Guide to Navigating the First Days in Office

CFO Talks

Today’s CEOs expect their CFOs to be strategic visionaries, business partners, effective communicators, and creators of value. Prioritize Face-to-Face Interactions While it might be tempting to dive into paperwork and financial reports, prioritize face-to-face interactions.

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Top 10 CFO Priorities for 2024

The Finance Weekly

Strategic Leadership Given the rapid transformation of business models, especially with the ongoing green energy shift and the , pervasive XaaS trend , CFOs play a crucial role in guiding strategic discussions within their companies. CFOs should prioritize building agility and resilience in all company endeavors to adapt effectively.

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Succession Planning Creates Transition Success

CFO Simplified

Strategic Leader Development – A process that promotes ongoing leadership development for talent within the organization. Leadership succession becomes too emotional and too easy to postpone until it can’t be postponed anymore. The owner’s wife, who had not been involved in the business, assumed the leadership role.

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CFOSP helps clients overcome unexpected CFO turnover

CFO Strategic Partners

Securing new talent that propels the organizations forward When several clients experienced unexpected turnover on the CFO level, each of them reached out to CFO Strategic Partners for guidance. We ensured the accounting and finance team was communicated with throughout the transition. Our work was a success!

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Nonprofit Finance Practices

VCFO

They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting. Securing the Right Leader and Augmenting Expertise Arguably the most important aspect of setting a nonprofit’s finance practices up for success is first finding the right leader.

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The Importance of Cybersecurity in Private Equity Investments

E78 Partners

Announcement: Ensure that portfolio company leadership and security teams are aligned on the required cybersecurity measures during the post-acquisition phase. Technology: Technology acts as a protective shield against cyber threats, and staying up-to-date on investments in security tools is a must.

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Nonprofit Fundraising Strategies to Consider

The Charity CFO

To achieve this, nonprofit organizations should prioritize transparency, authenticity, and accountability in their fundraising efforts. Regular communication with donors is imperative to support the efforts toward individual giving. The most successful events prioritize engagement and relationship-building.