CFO Buzz is a news feature capturing top stories affecting CFOs. This feature is published Fridays so that CFOs can gain perspective over the weekend, allowing them to challenge themselves and think about how to improve their lives, careers and companies.
1) CFOs and CHROs Unite!
When you say “Human Resources” to most CFOs, there is a good chance that they will smile politely and roll their eyes. CFOs can gain so much from a solid relationship with their Chief Human Resources Officer. I will even be running a workshop for CFOs on the topic at the end of November. CFOs, when was the last time you had a relationship building session with your CHRO? Schedule one today.
2) The Bored CFO
Successful CFOs are busy. Yet bored CFOs exist. I know, I speak to a few a month – as they are looking for a new challenge and reach out to me. There are some good points in here to keep in mind for the CFO that has mastered all there is to do in their organization.
3) Why are there so few female CFOs?
I have always asked myself this question, and even asked a female CFO for their thoughts on the topic. Here is an article that asks females CFOs for their recommendations to female finance professionals who want to become CFO.
4) Keeping your best Finance Staff from Being Poached
This is a topic I keep on hearing about. I have seen many surveys where CFOs say that one of their top challenges is in getting the best finance team possible, yet too many do not take the right steps to build and secure their finance team. While it is certainly better to be proactive earlier on, here is some advice to those CFOs who are losing their best talent and what they can do to limit the damage.
5) Beware of Coaches with Loose Lips
I hear a lot from the CFOs I coach, the Peer Groups I facilitate and the candidates I interview. I have a lot of confidential information in my head. I am also a big believer in executive coaching for CFOs. Reading this story reminds me to remind you that you really have to be careful of what you say to whom. When you find yourself the Coach that you think can help you, be sure they can be trusted.
Some of Samuel’s other CFO stuff this week
— Dergel CFO (@DergelCFO) October 2, 2015