In our modern economy, businesses vary immensely based on the product or service they create and the market they serve. And so too does the role of the CFO. But whether your company is big or small, manufacturing or service-based, global or local, there is one element that is vital to success of any CFO: maintaining a strong relationship with your CEO.
How does one go about doing this? It starts with understanding your boss. What does he value? What are her principal concerns? Once you understand your CEO’s motivation, you can present your ideas through his or her lens. Your CEO needs your help, your support, and your creativity to carry out his or her strategy. When you find commonalities between your goals, you are both more likely to be successful in your endeavors.
If you’re looking to venture into a new CFO role, one of the most important aspects to consider is your compatibility with the CEO. If the CEO is looking for a finance chief that will quietly acquiesce to all of his or her demands, this seemingly-great position might be a recipe for disaster and dissatisfaction.
CFOs are becoming increasingly involved in corporate strategy. But if your input on strategy goes too far, you may step on the CEO’s toes; there is a fine line between being innovative and being insubordinate. This CFO eBook will offer guidelines on how to maneuver the intricacies of your relationship with your boss.
Topics covered in What a CEO Needs from a CFO include:
- The questions you must ask your future boss;
- How you can develop a stronger connection and shared trust with your CEO;
- Why CEOs today put high value on a strategic CFO ;
- How to determine what type of CFO you are and how that will affect your career.