I was wondering if you can help me with some thoughts on a situation I continually face.
I would really like to be able to focus on adding value to the business, both from a longer term strategic view as well as helping the company make the right decisions on an ongoing basis.
I am finding however that I am spending too much time reviewing and correcting the work of my team. Sometimes I find myself having to do the work that my team was supposed to do because of vacations or unplanned time off.
How can I get beyond this?
Frustrated in Fresno
As CFO, you are only as strong as your finance team allows you to be.
A smooth functioning finance team does not happen by itself. It requires:
– knowing what work needs to get done
– preparing an org chart that allows you to be properly staffed so that the work get done, right, the first time, on time.
– staffing your team with the appropriate people
– replacing poor performers and people that do not have the skills you need
– having a talent development plan to ensure the people on your team continue to develop.
Having a sounding board, like a CFO Coach, can certainly help you stay on track to ensure you develop your team properly, as well as help you prepare your vision and action plan.
If you’d like to ask Samuel a question, click here.