March 2014
Beginner
240 pages
5h 43m
English
book
Guide to CFO Success: Leadership Strategies for Corporate Financial Professionals
by Samuel Dergel
Content preview from Guide to CFO Success: Leadership Strategies for Corporate Financial Professionals
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CHAPTER TWO
Planning for Career Success
CHIEF FINANCIAL OFFICER CAREER success requires planning. CFOs will agree that for a business to be successful, it needs a well-thought-out and vetted business plan. However, when planning their own business (otherwise known as their career), my experience has shown that few CFOs have a formal business plan of their own.
To gain an understanding of whether CFOs have personal career plans, I asked my CFO advisors whether they had a career plan, and if they did, whether it was formal or informal (see Figure 2.1). While 74 percent of my CFOs said they had a career plan, only 8 percent of them had a formal plan while over 25 percent had no career plan at all.
There are many individual CFOs who are very successful yet have never had a career plan, formal or informal. Why should a current or future CFO develop one?
Many CFOs have been successful not only because they are talented but because they were in the right place at the right time in their careers. This provided them with opportunity and choice, which they were able to make the best of.
FIGURE 2.1 Career Plan
Perhaps that's called luck. When things go well, people feel that they are in control and can make a difference. When things are not going so well, people may not feel as in control. Do CFOs feel in control of their careers?
More than three-quarters of my CFO respondents felt that ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.