Glean.ai reposted this
CFO checklist Being CFO means: 1. Building a comprehensive risk management strategy ↳NOT leaving the company vulnerable to unexpected challenges 2. Knowing when to make bold, calculated financial decisions ↳ NOT playing it safe and missing out on transformative opportunities 3. Setting the financial tone and standards for the entire company ↳ NOT simply reacting to the demands of the CEO and other stakeholders 4. Crafting a financial roadmap that drives growth and profitability ↳ NOT relying on outdated budgeting and reporting practices 5. Identifying and managing a diverse portfolio of revenue streams ↳NOT being completely beholden to a single source of income 6. Forming a finance team that embodies mastery and adaptability ↳ NOT relying on a mediocre finance department to execute your vision 7. Possessing a unique blend of financial expertise and strategic vision ↳NOT having the same generic finance skills as everyone else 8. Understanding the intricate relationship between finance and operations ↳NOT operating in a financial silo, disconnected from the broader business Being the CFO isn't just a job title - it's a mindset of strategic financial leadership.
Great checklist! Howard Katzenberg Being a CFO truly requires balancing strategic vision with financial expertise. This mindset of proactive leadership is what transforms challenges into opportunities. Well said!
You’ve made a huge difference in my growth and mindset over the years as I’ve stepped into the CFO role. Your advice has helped me forge a path of wins, and I truly appreciate it.
Building a risk management strategy is important for growth, Howard Katzenberg!
I agree!
Love this
Great points, I would also include trustworthy. Trust > Qualification in my opinion
Excellent points! Over 30 percent of FTSE CEOs were CFOs…providing strategic leadership is paramount!
Solid breakdown
Great checklist.