CFO Leadership Council News

Our published resources, news, and upcoming events, all in one place!

Survey: Nearly Half Of CFOs Don’t Have A Succession Plan

Most Say It's Because They're Not Planning to Leave Soon ~ A recent news release submitted by our sponsor Robert Half.   Change management is always a major concern for organizations, but few challenges are more disruptive than an executive departure. In a new survey...

Driving Business Agility in A Digital World

During the last decade or more, the business world has officially moved into a new and exciting digital age. With intelligent or “extreme” automation on the forefront of many company’s agendas, CFOs have to be prepared for this shift that has already begun taking...

Wide, Wide World of Due Diligence

An acquisitions attorney took a rather frustrated call from his client following the completion of an acquisition, with the awkward question regarding a particular operational surprise: “Why didn’t you think of that?”  It’s easy to imagine that the client had earlier...

Divide & Conquer

Divide & Conquer An excerpt from the book The Transition Game, written by CFOLC member Greg Olney. For more information on Olney, scroll down. The “Divide & Conquer” strategy can be a good thing if you’re talking about an algorithm set in recursion to divide a problem...

The Indispensable CFO: Viewpoint From Angela Tise, National Membership Chair & Northeast Regional Director

Coming up on December 11th in our NYC chapter, we are holding a discussion that I know will be quite interesting – the topic is on The Indispensable CFO.  This title made me think to myself, what does a CFO ( or financial executive headed toward this position) have to...

Spotlight on Information Technology

“It wasn’t so many years ago that pre-acquisition assessments of a company’s technology were limited to check-the-box activities”, reflected Patrick Moroney, Chief Information Officer (CIO) of Central States Funds and previously CIO of several private equity-backed...

Survey: Nearly Half Of CFOs Don't Have A Succession Plan

Most Say It's Because They're Not Planning to Leave Soon ~ A recent news release submitted by our sponsor Robert Half.   Change management is always a major concern for organizations, but few challenges are more disruptive than an executive departure. In a new survey from Robert Half Management Resources, only 52 percent of CFOs said they have identified a successor for their position. The research suggests small businesses (20-49 employees), in particular, may be less prepared to deal with potential leadership changes, with only 37 percent of financial executives at those companies citing they have an heir apparent. Of the

Driving Business Agility in A Digital World

During the last decade or more, the business world has officially moved into a new and exciting digital age. With intelligent or “extreme” automation on the forefront of many company’s agendas, CFOs have to be prepared for this shift that has already begun taking place. Ash Noah, CPA, CGMA, from the Association of International Certified Professional Accountants connects with CFOs globally to understand the changing role of finance. He recently spoke to us about how technology coupled with competency can fuel business agility and the success of finance as a whole. Why Agility? So what can CFOs and their teams

Wide, Wide World of Due Diligence

An acquisitions attorney took a rather frustrated call from his client following the completion of an acquisition, with the awkward question regarding a particular operational surprise: “Why didn’t you think of that?”  It’s easy to imagine that the client had earlier asked for a comprehensive due diligence checklist, expecting more wisdom from such a list than is warranted. Of course, diligence checklists can be invaluable to assessing a potential target.  However, a CFO is well-advised to look beyond checklists when evaluating a potential company for acquisition.  Even the most “complete” checklists are typically limited, to facts and figures, legal documents,

Divide & Conquer

Divide & Conquer An excerpt from the book The Transition Game, written by CFOLC member Greg Olney. For more information on Olney, scroll down. The “Divide & Conquer” strategy can be a good thing if you’re talking about an algorithm set in recursion to divide a problem into sub-problems. A big problem can be answered in an expeditious fashion this way. But when the “Divide & Conquer” approach is used on right relationships, it’s seldom good. Most of the time, people in positions of power will use this technique to stay in power by using: Meaninglessness – When people in

Spotlight on Information Technology

“It wasn’t so many years ago that pre-acquisition assessments of a company’s technology were limited to check-the-box activities”, reflected Patrick Moroney, Chief Information Officer (CIO) of Central States Funds and previously CIO of several private equity-backed industrial and healthcare companies.  “Meantime, the level of connected-ness among a company’s operations, financial results, and its information systems has completely changed that.  Acquirers must consider the increasing dependency of all organizational functions on technology as digitization and a globally-pervasive internet raising competitive standards.  The thoughtfulness of a target’s technology strategy (or its absence) can provide leading indicators of post-closing surprises that could make-or-break

Opening the Door to Acquisitions – Identifying and Engaging with Sellers

Some companies pursue growth through acquisitions by initiating a search for potential targets suited to their strategy.  Other firms may be prompted to consider acquisition by seeing potential in a company they already do business with (or compete against). Whether a potential acquisition surfaces through deliberate efforts or opportunistically, there are several important ways that a CFO can contribute to an acquirer’s success in the early days of identifying and engaging with potential sellers: A network that provides connections to potential sellers Informed speculation about a seller’s financial expectations and requirements for a deal Early assessment of a seller’s preparedness

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Our published resources, news, and upcoming events, all in one place!