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) How long should it take to hire a CFO?
Here is one story of a well-known company that has been taking its time, and some of the potential reasons for it. In my experience, companies that take a long time to hire a CFO usually don’t know what they want or need in the first place.
2) Easy Money: Reducing audit fees?
Good advice is given on how to minimize those pesky audit fees. A word of caution to CFOs that want to be aggressive with your auditors – Be careful. You want a good relationship with your auditors. Don’t piss them off – It might be career limiting.
3) Supply Chain Hero
This blog, while certainly a sales piece, brings to point that CFOs can be their company’s Supply Chain Hero. Are you a supply chain hero?
4) Board meetings from hell
One of the worst things a CFO can do is to be unprepared for a board meeting. Marc MacLeod shares some good advice on how to make sure you are best prepared to deal with what could be a very challenging board meeting.
5) The invisible CFO
Visibility is critical to the long term success of a CFO. In today’s age, you can easily take steps to be more visible and let opportunities find you. This article points to more reasons why you need to be visible online to be successful in your career.
Some of Samuel’s other CFO stuff this week
Tweet of the week
— Dergel CFO (@DergelCFO) January 29, 2016