The Ledger
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Tag Archives: controller
Do You Have the Right Type of Controller for Your Business
“Finding the right corporate controller for the scale and stage of growth for your organization is critical. If your company is a small, fast-growing organization, a “big company” controller may be unable or unwilling to roll up their sleeves to lean in and help address your most important issues. If your organization is more mature, an outstanding, hands-on small company controller may have difficulty developing a strong team and thinking and acting strategically.”
Four Traits of Effective Finance Leaders
“CFOs are expected to wear many hats: Strategic partner, relationship builder, change agent and technology champion. But ultimately, a CFO’s top priority is to ensure sustained financial performance for the organization.”
CFOs are under increasing pressure to do it all. To become more effective in their position, they must align their efforts with their organizations’ highest priorities and become personally effective at facilitating change and shaping their company’s strategy. This means finance leaders need to focus on fewer things, even as the organization makes more demands on their time. According to Gartner, “A CFO’s personal effectiveness is measured by their performance against their CEO’s financial expectations and how well their organization exhibits “efficient growth” behaviors.”
Gartner found that personally effective CFOs follow four common practices.
Read More at Smarter with Gartner >
What Makes a Strategic CFO?
Strategic CFOs harness the power of technology to understand the “why” behind their numbers and use that information to solve complex business challenges faster. They possess the skills to manage rapidly changing technological processes, and they keep up with the ever-changing business landscape of their competitors. As innovations like AI and predictive analytics become more prevalent in finance, successful leaders must ensure their teams build a new skill set – met decision making. Modern CFOs help drive the direction and success of their organization and ensure business decisions are based on solid financial data.
Read More at Forbes Magazine >