On the Road to CFO - Presentation at CMA Leadership Conference, May 2012
22
The Road to CFO CMA Leadership Conference - Vancouver, BC Presented by Samuel Dergel May 30, 2012
-
Upload
samuel-dergel -
Category
Economy & Finance
-
view
1.009 -
download
0
description
Using tools from my CFO Coaching kit, I will guide the audience to understand what it will take them to grow into a strategic and valuable CFO. Attendees will learn to: Identify the key relationships necessary for CFO Success Apply the key steps on the ladder to the CFO role Add value to their employer as they grow into the CFO role
Transcript of On the Road to CFO - Presentation at CMA Leadership Conference, May 2012
The Road to CFOCMA Leadership Conference - Vancouver, BCPresented by Samuel DergelMay 30, 2012
Ground rules• Participate • Conversation• Networking
ObjectivesUsing tools from my CFO Coaching kit, I will guide you to understand what it will take to grow into a strategic and valuable CFO.
You will learn to: • Identify the key relationships necessary for CFO
Success • Apply the key steps on the ladder to the CFO role • Add value to their employer as they grow into the
CFO role
Questions for You!• Where are you on the Road to CFO?• Why are you here?• What questions would you like answered?
Goals for today's conversationIdentify • Where you are• Where you want to go• Your plan to get there
Do you really want to become a CFO?
Hot Seat• Legislative Nightmares
• Sarbanes-Oxley / C-198• Frank Dodd
• Target for Litigation
Roads to CFO• Financial Reporting• Operational Reporting• Investment Banking
DifferencesDifferent companies have
different CFO needs
Types of CFOsOrganization Type Operational CFO Reporting CFO Financing CFO
Large – Public
Large – Private
Small/Medium – Public Small/Medium – PrivateVenture Capital / Private EquitySubsidiary
Non Profit / Government
Rating: 1 = Most Important / 3 = Least Important
CFO ChallengesChallenge for each CFO is • How to become the well-rounded CFO• Each type needs to continue to grow• Move beyond comfort zone.
CFO Scale• Who you know• Leader• Trustworthy• Likeable
Core skill development areas• Relationships
• Politics• Networking• Management
• Presentation skills• Negotiation skills (not just about costs)• Strategic / business skills and experience• Management & Development of Team
StrengthsStrengths Based LeadershipWhat are your Strengths?• Focus on your strengths
What are the Strengths of your Team?• Build Team based on
supportive and complementary Strengths
CFO
CEO Board Investors
Lawyers
Auditors
Bankers
Other Executive
sIncluding
HROperatio
nsIT
Sales
Finance Team Members
CFO Relationship Map
Others Outsider
s
© 2012 Samuel Dergel. All rights reserved.
TeamHow important is the CFO’s Team to their success?• Personal examples?• How can you best develop
your team?
Coaching / MentoringThe Lonely CFOWhen things go right (or wrong)• Who can you speak with?• Difference between a
Coach & Mentor?• Is this necessary for CFO
Success?
Starting off on the right FootPlanning your new career move is
critical for success!
Career• Personal Branding• Google• LinkedIn• Challenges as you go higher
include…
Is CFO the Last Stop?CFOs can become • CEOs• COOs• Board Members / Audit Committee• Advisors• Consultants
Have you accomplished Objectives?Can you• Identify the key relationships necessary for CFO
Success ?• Apply the key steps on the ladder to the CFO role?• Add value to your employer as you grow into the
CFO role?
ToolsWeb Sites• Samuel’s CFO Blog (blog.dergelcfo.com) • Cindy Kraft – CFO Coach (www.cfo-coach.com) • Proformative (www.proformative.com) • CFO Journal – Wall Street Journal• SmartBrief for CFOs• CFO.com
You can always reach me
Samuel Dergel Executive Search Consultant &
Executive Coach to CFOs
Email: [email protected]: (415) 738-2070
LinkedIn: http://www.linkedin.com/in/samueldergelWeb: http://blog.dergelcfo.com
