Reviews" The New CFOs is a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive." -Zarin Patel, CFO, BBC "Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how." - Allister Wilson, Partner, Ernst & Young, "With case studies and clear step-by-step processes, the authors are always careful to highlight the rationale behind their reasoning and to point out how you can shape and mold their recommendations to specific situations. ...Anyone who aspires to be an effective CFO in the modern business world will find valuable insights within this book." --Christopher Dowsett, Strategic Finance Magazine " The New CFOs is a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive." -Zarin Patel, CFO, BBC "Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how." - Allister Wilson, Partner, Ernst & Young See The New CFOs displayed inTimes Square!, The New CFOs a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive, Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how, "With case studies and clear step-by-step processes, the authors are always careful to highlight the rationale behind their reasoning and to point out how you can shape and mold their recommendations to specific situations. ...Anyone who aspires to be an effective CFO in the modern business world will find valuable insights within this book." --Christopher Dowsett, Strategic Finance Magazine " The New CFOs is a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive." --Zarin Patel, CFO, BBC "Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how." -- Allister Wilson, Partner, Ernst & Young "Explores the challenges and opportunities faced by chief financial officers and their teams and provides advice on how to improve their impact on the value of the business." --Journal of Economic Literature, " The New CFOs is a wonderfully clear, engaging, insightful exposition of what it takes to build a great CFO, and filled with practical advice to help CFOs survive and thrive." -Zarin Patel, CFO, BBC "Companies now need to restore the CFO's rightful position of understanding the drivers of value and risk management, so that they are able to provide independent challenge. This book shows you how." - Allister Wilson, Partner, Ernst & Young See The New CFOs displayed inTimes Square!, These are difficult times for leaders who are faced with the task of managing an organization's finances and its risks in the face of uncertainties created by the financial crisis and the ongoing economic recession. This book, based on extensive research, interviews and experience, provides valuable practical advice. As a former CEO, financial regulator, and current board member, I would want my senior management team - and especially my CFO - to embrace the ideas and mindsets presented in this book
Dewey Edition23
SynopsisThe New CFOs is the first book to provide a framework for the success of corporate finance teams in the coming years, in particular the changing role of the CFO and the new demands made of this position after the global financial crisis., CFOs should ask themselves: -Do I have the strength of character to resist "groupthink" and, when necessary, to say the unsayable? -Can I act as a trusted adviser and strategic partner to the business to drive sustainable growth and profitability? -Have my financial capabilities, leadership style and process capabilities kept up with new demands? The successful CFOs in the coming years will be those who build the core capabilities needed to excel - leadership, process management ability and value creation. In The New CFOs: How Finance Teams and their Leaders can Revolutionize Modern Business , four experienced business leaders: -raise awareness of the new challenges and opportunities faced by CFOs and their teams -provide a framework for CFOs to have a bigger and better impact on the value of the business -show how CFOs execute against the job, which has grown bigger than most people thought possible With authors from both the US and the UK, this book offers a balance of North American and European viewpoints on finance, strategy and leadership. Based on the authors' extensive research, experience and observation, The New CFOs predicts that the winning CFOs in the next decade will be those who branch out from their typical financial role to become dynamic, strategic leaders., In the aftermath of the financial crisis, the spotlight is even more on the role and activities of the CFO. Specifically, CFOs need to accelerate three aspects of their role: develop dynamic and distinctive risk management capabilities, motivate and align increasingly diverse work providers, and design and operate effective financial processes for internal and external customers. The winning CFOs in the next decade will be the ones who get the basics right, who prioritise their efforts, and who invest in the leadership development that creates the institutional capacity to achieve and sustain leading industry performance. CFOs need to embrace the new challenges and opportunities created by the financial crisis. The New CFOs provides the fundamental road map to success in this new environment for finance officers, their teams, and the organizations who employ them.
LC Classification NumberHG4026