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You are here: Home / From CFO Vision to Action Plan

July 7, 2011 By Samuel Dergel 5 Comments

From CFO Vision to Action Plan

CFO.com published an article by Alix Stuart entitled: Enemy Number One: The Clock – So much to do and so little time is a common CFO lament, according to a recent survey. Here are my comments posted on the article:

In my conversations with CFOs, “so much to do and so little time” is a constant issue that they bring up as well.

A CFO has a lot to do and not enough time to do it in.

The recommendations of better scheduling, better IT and better staffing will certainly help the CFO accomplish more in less time.

For a CFO to be most effective, he or she needs to know what their vision for themselves and their team is within the company, and what their game plan is to ensure that they meet that vision.

In my experience, many CFOs are focused on the deliverables and are not taking the time to properly plan.

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Comments

  1. Benoit Marleau, CA says

    July 7, 2011 at 10:52 AM

    Large businesses have proven the benefits of using and empowering their CFOs. Now a minority of SME are taking advantage of the proper use of CFO expertise, let’s just underline that the one that does are leading the way. Samuel, this is a great angle you are taking, I’m sure your work will help SMEs to make that decision that will easily get them closer to the best profits they can do!

    All the best!

    Reply

Trackbacks

  1. CFOs: 5 Reasons why you need an Executive Coach. « Samuel's CFO Blog says:
    September 1, 2011 at 2:48 PM

    […] Plan – Do you go into the office every day and just fight fires? Or do you have a plan with long-term, medium-term and short-term objectives that will help you accomplish more with less fire-fighting. Failing to plan is planning to fail. (See our Blog – From CFO Vision to Action Plan) […]

    Reply
  2. “Get a CFO on board when you are ready to take on the world” « Samuel's CFO Blog says:
    October 27, 2011 at 7:24 AM

    […] The Successful CFO. How does a CFO become a successful? They prepare a plan, map out their relationships, get coaching, and build a strong team to support […]

    Reply
  3. Ask Samuel: My finance staff doesn’t deliver « Samuel's CFO Blog says:
    November 8, 2011 at 7:48 AM

    […] only do you need to make sure your team is well prepared to support you, you also need to know what your vision is as CFO, and what your personal action plan is to make it […]

    Reply
  4. Ask Samuel: How can I accomplish more and firefight less? « Samuel's CFO Blog says:
    November 15, 2011 at 7:38 AM

    […] have been reading your blogs and been following your advice. I have laid out my Vision as to what I want to accomplish as CFO, identified the relationships I need to build, and prepared an action plan to accomplish my […]

    Reply

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