Children's Health’s Post

To all next generation family business leaders - take the next step in strategic decision making. Today's business leaders need to leverage financial information to drive decisions, shape strategy, and understand the health of their business. FBA’s Financial Essentials for Family Business Course will empower you to interpret financial statements and use financial insights to make strategic decisions that drive success in your family business. Key takeaways: - Develop key indicators to measure your business's true performance - Master the use of financial information for strategic planning and decision-making - Learn the practical value of financial performance dashboards to monitor and communicate key performance measures “This course was very informative and it highlighted where there were weaknesses/gaps in financial reporting in our business. It was great to learn how to calculate ratios and the examples of the reports gave me some great ideas when presenting at our AGM.” Join us at our upcoming course starting 9 October. Register today: https://bit.ly/3B0ZVan Hood Sweeney Louisa Andreucci Matthew Bartemucci #FamilyBusiness #FamilyBusinessAssociation #FBA #Education #FinancialEssentials #NextGeneration

UH Chief Financial Officer Bradley Bond, CFA, CPA, MBA, was named one of Becker's Healthcare's 160 CFOs to Know for 2024. According to Becker’s, the chief financial officers featured on this list are helming financial functions for health systems and hospitals throughout the U.S. and are instrumental in strategic financial planning, expansions and joint ventures for their organizations. In selecting Brad for the list, Becker’s noted that “Mr. Bond plays a pivotal role in implementing the organization's mission investment strategy, which is focused on community health initiatives and addressing inequities. Amidst challenging economic landscapes, Mr. Bond's leadership has steered UH through financial crises, including navigating the recession and addressing post-pandemic challenges like supply chain disruptions and workforce shortages. Under his guidance, UH has exceeded financial targets, with ongoing initiatives to deliver care at lower costs and maintain credit ratings. With over 30 years of finance executive experience, Mr. Bond's tenure has seen successful debt restructuring, bond issuances and strategic acquisitions.” Brad assumed the role of CFO at University Hospitals in February 2024 and was recognized as a "Notable Leader in Finance" by Crain's Cleveland Business earlier this year. Read more: https://lnkd.in/gFj9JgEG Congratulations, Brad! #UHProud #healthcareleadership #leadership #financialsustainability #strategicplanning #financialplanning #missioninvestment 

Join our #Dbriefs webcast to discover how to evolve your private company’s board structure and agenda to adapt to the rapidly changing business environment.

Join our #Dbriefs webcast to discover how to evolve your private company’s board structure and agenda to adapt to the rapidly changing business environment.

Join our #Dbriefs webcast to discover how to evolve your private company’s board structure and agenda to adapt to the rapidly changing business environment.

How can nominating/governance committees prepare for 2024? 💡 Optimize board composition for an increasingly complex and changing business environment 💡 Consider how best to oversee new and changing risks and opportunities (AI, geopolitical, etc.) relevant to business and sector 💡 Ensure robust oversight of CEO succession Learn more: https://bit.ly/3HmMKk5

Join our #Dbriefs webcast to discover how to evolve your private company’s board structure and agenda to adapt to the rapidly changing business environment

Preparing a board presentation shouldn't distract the CEO from leading the business. Successful CEOs know that the Countsy CFO's expertise is key to communicating business growth, operational achievements, and impact reports with fiscal integrity. https://lnkd.in/gtCFEMrR

Ignite Your Influence! 📝🔥 Download our FREE Pre-Publishing Checklist Tailored for Thought Leadership Articles. https://hubs.la/Q02JDMlR0 Your journey to becoming a respected financial expert starts here! #CFO #FinanceExpert #FinancialAdvice

Ever walked into a board meeting thinking, "We're all on the same page," only to discover a yawning gap in financial understanding among seasoned members? It happened to me, and it offered two invaluable insights into effective financial communication in board settings. In my early board meetings, I encountered surprising scenarios where even experienced members struggled with basic elements of the financial reports. Picture this: after a detailed presentation, a hand raises, and the question pops, "So, what's our revenue?" despite it being prominently displayed at the top of the page as 'Sales'. This illuminated a crucial reality—the traditional spreadsheets filled with rows of numbers can appear as just cryptic data to many. From this experience, the first takeaway was clear: never underestimate the varying levels of financial literacy in a room. The second was even more crucial—move away from presenting statutory formats that only display raw numbers. Instead, dive into the narrative behind these figures. Illuminate key business drivers such functions as gross margin or return on marketing spend. These are the figures that often guide strategic decisions, yet they can get lost in a forest of numbers. By discarding jargon and breaking down the financials into digestible elements that highlight the business's actual performance drivers, presentations can transform from monotonous number-crunching sessions into strategic discussions that engage and educate board members at all levels. For business leaders and financial officers, remember, the goal isn't just to present numbers but to tell the story of the business through these numbers. How do you ensure that your financial presentations are effective and comprehensible? #BusinessStrategy #FinancialLiteracy #CorporateGovernance #Leadership