Is your business in search of certainty?
How surprised are you to find how much of a concern that is for the CFO Network and their top five priorities?
The WSJ said that:
The good news for now is that companies are still investing to some degree, despite all that cash they're sitting on. More than half of the roughly 60 big-company CFOs who gathered at the inaugural CFO Network meeting said in a straw poll that they are planning to add workers over the next 12 months both in the U.S. and overseas.
http://online.wsj.com/article/SB10001424052702304569504576403640831002636.html
Their top 5 issues were to
- Become more strategic
- Drive more value through capital creation
- Better develop leadership progression
- View cash strategically
- Balance short term and long term
After briefly contemplating the preceding five points, dive a little deeper and truthfully ask yourself:
- How good a job is your business doing on each of these highly strategic and back to the basic issues?
- Where do you see areas for improvement, or possibly the need for a second opinion?
- Where do you see a strength that you can exploit?
- When can you put this new insight to work profitably?
- Who is the best person to find value in pursuing this new insight?
Even simpler,
- What should you keep doing?
- What should you stop doing?
- What should you start doing?
Posted by FiscalDoctor com at 7/19/2011 6:51 AM 
Categories: change management, enterprise risk management, Board of Directors, business performance management, Strategic Planning, business model, budgets, operational assessment, innovation, corporate governance, budget, cash projections, BPM, due diligence, Manufacturing, ORM, cash flow, risk assessment, ERM, risk management, corporate, operations risk management, risks, business consulting, business plan, strategic plan, risk, strategy, Management, ERM expert and speaker, strategic planning, liquidity risk, Business Management, cooking the books, assessment, operational inefficiencies, leader, business leader, cash, contingency planning, family business, risk profile
Tags: assessment balance sheet best practice BPM budget business model business performance management business plan cash cash flow cash projections change change management contingency planning corporate finance corporate governance customer due diligence Enterprise Risk Management enterprise risk management enterprise risk management expert ERM ERM expert and speaker family business financial statements fiscal fiscal management income statement leadership liquidity risk operational assessment operations risk management ORM productivity profitability risk risk assessment risk strategy ROI strategic plan strategic planning strategy vision
Categories: change management, enterprise risk management, Board of Directors, business performance management, Strategic Planning, business model, budgets, operational assessment, innovation, corporate governance, budget, cash projections, BPM, due diligence, Manufacturing, ORM, cash flow, risk assessment, ERM, risk management, corporate, operations risk management, risks, business consulting, business plan, strategic plan, risk, strategy, Management, ERM expert and speaker, strategic planning, liquidity risk, Business Management, cooking the books, assessment, operational inefficiencies, leader, business leader, cash, contingency planning, family business, risk profile
Tags: assessment balance sheet best practice BPM budget business model business performance management business plan cash cash flow cash projections change change management contingency planning corporate finance corporate governance customer due diligence Enterprise Risk Management enterprise risk management enterprise risk management expert ERM ERM expert and speaker family business financial statements fiscal fiscal management income statement leadership liquidity risk operational assessment operations risk management ORM productivity profitability risk risk assessment risk strategy ROI strategic plan strategic planning strategy vision
Comments