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
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.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.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.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.
CHAPTER SEVEN
Planning for Success at Your Employer
AS WE BEGIN TO discuss strategies for success as Chief Financial Officer (CFO), the best place to start is at the beginning.
Being CFO is the business that you run, not the business you work for. True, you are a critical component of the business you work for, but you are your own business. Your customer is the business you work for; you are compensated by the business you work for and have to deliver value for the business you work for. This requires a plan just as much as the organization that you work for. If you do not have a personal plan, you are planning to fail.
All CFOs will agree with this statement: Failing to plan is planning to fail. Yet, how many senior finance executives have a real plan for success? To answer this question, I asked my CFO advisors whether they had a plan for success at their employer (see Figure 7.1).
I am pleased that almost three-quarters of my respondents had a plan for employment success. What concerns me is that only 23 percent of my CFO advisors had a formal plan.
FIGURE 7.1 Do You Have a Plan for Success at Your Employer?
THE CASE FOR A FORMAL PLAN FOR SUCCESS
Why should a CFO have a formal plan as opposed to an informal plan?
From my experience, Great CFOs create a written and formal plan ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
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.