As I’ve written before, the job of CFO has changed and continues to change. We’re not just the numbers people anymore. We have to turn numbers and data into actionable information.
We can’t be the CF nO. We have to find a way to make things happen and face the challenges of limited resources (cash and people).… Read more >
I’m always suspicious when I start to work with a new client and there is an abundance of finance and accounting personnel. Or alternatively, when a finance chief complains about a lack of resources or time.
I’ve never thought that throwing bodies at a problem does much of anything other than build some finance chief’s fiefdom and increase corporate overhead costs.… Read more >
If you are a business owner and haven’t already experienced it, get ready for your employment costs to increase. Especially if you employ skilled workers. While the U.S. is not quite at full employment and still not experiencing the kind of robust recovery we had hoped for, the economy has quietly continued to create jobs.… Read more >
Finance departments and CFO’s have had a reputation of answering all requests with no. In fact, many finance departments still have that reputation. We had become CF No’s. It was too easy to respond to any new idea with all of the reasons it could not work. And despite my earlier commentary on August 23, 2014 about “No Being Easy”, that discussion was about making difficult decisions rather than just saying no.… Read more >