Home Page Icon
Home Page
Table of Contents for
Cover Page
Close
Cover Page
by Ron Rael
The Traits of Today's CFO
Cover Page
Title Page
Copyright Page
Contents
Introduction
Introduction
Advanced Critical Skills
Specific Best Practices
1 Step 1: Improve your Leadership Effectiveness by Looking Ahead
Our future—more of the Same, at Warp Speed
CFO and Controller’s Future Roles
The CFO and Controller Team’s Responsibilities
The Management Accounting Department’s Journey Into the Future
Value Creation Approach to Management Accounting: Eight Insights into Management Accounting’s Future
Universal Theme No. 1: An Emphasis on Nonaccounting Roles
Universal Theme No. 2: Our Performance Gap
Universal Theme No. 3: The Collaborative Partnership
Solution No. 1—How to Overcome the Performance Gap
Solution No. 2—How to Prepare for Tomorrow
2 Step 2: Become an Effective Coach
Coaching in a Nutshell
Coaching at the Individual Level
The Skill of Coaching
Accountability Factor in Coaching
Specific Skills of a True Coach
Coaching Skills Defined
Coaching at the Organisational Level
Teaching and Training
Counselling
Guiding
Learning
Sharing
Questioning
Relating
Listening
Using Intuition
Creativity
Controller and CFO Best Practice: Position Description
Elements of the Position Description
Benefits of using a Position Description
Tips on Making the Position Description Effective
Position Description for a General Accounting Assistant
3 Step 3: Improve the Organisation’s Performance Through Coaching
CFO = Influencer
Best Practice: Shape the Culture by Defining It
Tone at the Top
The Leader as Proactive Shaper of Culture
CFO Tool: Cultural Ideals
The Story You Tell
In the End
Best Practice: Create Balanced Risk-Taking With a Risk Programme
Risk Is Individual to Each of Us
Risk Is Everywhere and Never-Ending
Why Defining Risk Is Necessary
The Meaning of Risk Has Changed
Fundamental Sources of All Business Risks
CFO Solutions to Make People Aware That Risk Exists
CFO Solutions to make People Aware that Risk can Be Survived
CFO tool: Risk Identification
CFO tool: Selecting the Right Strategy
In the End
Best Practice: Foster Accountability by Defining It
Accountability From a Leader’s Perspective
Accountability Is Often Misunderstood
Where Accountability Fits In
The Undefined Standard
Why Accountability Works to Make Everyone Successful
How Leaders Improve Accountability
10½ Rules of Accountability
Best Practice: Establish a Governance Programme That Eliminates Questionable Practices
Controls or Policies Are Not Governance
Makeup of a Governance Programme
The Human Element in Governance
Cost of Governance
4 Step 4: Improve your Team’s Effectiveness Through Coaching
The Value of Teaming in Finance
The CFO as Developer of Team’s Skills and Talents
In Essence
Best Practice: Shape Your Employees’ Teaming Behaviours With a Solid Structure
The Teaming Culture
The Team’s Decisions Are Made by Consensus
How to Create a Strong Team
10½ Rules About Building Effective Teams
In the End
Best Practice: Shape Your Employees’ Accountability by Establishing Behaviour Expectations
Expectations and Standards Shape Behaviours
Cultural Objectivity
CFO Tool: Culture Statement
CFO Tool: Ground Rules
CFO Tool: Service Standards
In the End
Best Practice: Shape Your Employees’ Behaviour by Using Honest Feedback
Power of Immediate Feedback
How to Keep Feedback Objective
How Leaders Use Feedback
When and Where to Use Feedback
10½ Rules for Performance Improving Feedback
In the End
Best Practice: Shape Your Employees’ Behaviour With Recognition and Rewards
Why Rewards and Recognition Foster Team Behaviours
How Leaders Create Team Recognition
In the End
5 Step 5: Improve your Change Agent Skills Through Self-Coaching
Your Need for Self-Coaching
Controller or CFO’s True Role
Similar Roles Yet Different Responsibilities
Best Practice: Skills Gap Assessment
Change Agent’s Skills Explained
Best Practice: Gap Analysis
Gap Analysis Defined
In the End
Best Practice: Formalised Action Plan
obtain Tangible Results With an Action Plan
Best Practice: Action Plan Reporting and Accountability
In the End
CFO versus the Controller—How the Roles vary
6 Step 6: Improve your Skills as a Leader in the Middle
Your Personal Strength: Surviving as a Manager in the Middle
Your Biggest Hurdle to Becoming a Great Leader
Natural Rule of Leadership
Best Practice: Solution Creator
How to Become an Effective Problem Solver
Their Pain Is Real and Tangible, Yet Hidden
Best Practice: Probing Questions
How to Get to the Real Problem
Why Management Accountants Do Not Use Objective Questioning
Best Practice: Problem Restatement
Ways Get to the Real Cause of an Issue or Problem
No. 1 Big Mistake of the CFO
No. 2 Big Mistake of the CFO
How to Use Problem Restatement
The Process for Restating the Problem
In the End
7 Chapter 7: Step 6½: Improve by Making a Commitment
Growing Pains
No. 3 Big Mistake of the CFO
Today’s Management Accounting Leader Realities
Our Skills and Knowledge Grow Obsolete at an Ever-Faster Rate
A Management Accounting Team Advances in Only Two Ways: The Solutions We Provide and the Connections We Sustain
Significant Trends in Management Accounting that Impact the CFO and Controller
Trend No. 1
Trend No. 2
Trend No. 3
Trend No. 4
Trend No. 5
Trend No. 6
Trend No. 7
Trend No. 8
Trend No. 9
Strategies for Coping With the Pain of These Changes
Best Practice—Instilling a Personal Commitment
Best Practice—Instilling Continuous Improvement with Plus/Delta
Steps of the Plus/Delta
Controller’s Resources List
Search in book...
Toggle Font Controls
Playlists
Add To
Create new playlist
Name your new playlist
Playlist description (optional)
Cancel
Create playlist
Sign In
Email address
Password
Forgot Password?
Create account
Login
or
Continue with Facebook
Continue with Google
Sign Up
Full Name
Email address
Confirm Email Address
Password
Login
Create account
or
Continue with Facebook
Continue with Google
Next
Next Chapter
Title Page
Add Highlight
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click
here
login for view all page.
Day Mode
Cloud Mode
Night Mode
Reset