The CFO Re-Engineered - Key Takeaways - Carmalk Consulting

CFO Series Symposium February 2017

I attended the Brisbane CFO Symposium, thanks to Richard McBride of the CFO Series and attended some very good facilitated sessions and have listed what I thought were the top 20 Key Takeaways in no particular order. Well worth attending if in a city near you. #CFOSeries

Key 20 Takeaways of the CFO Re-engineered

  • Need to have soft skills
  • Need to be an effective communicator
  • Engage with the business and get out and understand operations and ask questions
  • Challenge the unknown and move out of your comfort zone
  • Need to be a leader and have good team behind you and empower them
  • Lead by example
  • Need to be agile and be open to new ideas
  • Focus on the strategy and not just the numbers
  • Be a business partner to the business and not act in isolation
  • Learn not say no but say “How can I help you”
  • Have simple reports with less words and more infographics, dashboards for easier reporting
  • Have a plan and be persistent
  • Continually drive change as change does not happen over night
  • Get a mentor/business coach
  • Be professional and your personal branding and be careful what you post on social media from a personal perspective
  • Develop your “elevator pitch” for yourself and your business
  • CFO must be more confident to match/stand in for CEO
  • Be forward looking, results are always what happened (Rear view vs windscreen)
  • Thinking at least 6-12 months out and continuously look ahead
  • Listen and action out of listening
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