Before enrolling in this course, CFOs might find themselves confined to traditional financial management tasks, often missing out on broader strategic roles that could significantly impact their organizations.
After completing The 7 Habits of Effective CFOs, participants will experience a paradigm shift in their approach to the CFO role. This course acts as a bridge, transitioning CFOs from traditional financial management to a more holistic and strategic role. It equips them with the skills to identify and address operational inefficiencies, manage bottlenecks effectively, and communicate financial strategies persuasively. Participants will emerge from this course not only as efficient financial managers but as strategic leaders capable of driving their organizations towards greater success and sustainability.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize the difference between being effective and efficient.
Describe how a CFO should communicate financially viable alternatives to others.
Recognize the risks associated with pruning current operations.
Specify the proper role of the CFO in the acquisition process.
Describe the essential components and requirements of an adequate cash forecasting system.
Major Topics
Search for Financially Viable Solutions
Prune the Business
Manage the Bottleneck
Advise on Acquisitions
Act on Risk
Monitor Cash Flows
Manage Strategy
Search for the Next Crisis