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make a top flight FD; being able to ‘stress test’ their resilience to the business strategy and influence its development are just as important. The outstanding FDs display similar qualities to those we seek to instil in our people.
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A good FD can combine good analytical skills and intuition, sensing the right thing to do, almost ‘putting two and two together’. Above all, honesty and integrity are vital, no matter how unpalatable the answer may be.
A good FD can combine good analytical skills and intuition, sensing the right thing to do. Above all, honesty and integrity are vital, no matter how unpalatable the answer may be. Despite becoming more strategic, forward-looking and commercial, the aim remains the same.
Jan 18, 2024 · Being a great FD/CFO goes beyond technical expertise. It demands a unique blend of strategic thinking, business acumen, communication prowess, relationship building, tech-savviness, team leadership, and resilience, all balanced with ethical principles.
Oct 1, 2011 · Ever wondered what makes the difference between a so-so finance director and an outstanding one? Scott Barnes offers some useful clues, based on the views of leading board directors and the FD colleagues they have found inspiring.
Nov 9, 2022 · You're not going to have an exit event anytime soon. But if your business is scalable, you need a good FD, whether one day a month or five days a week. You need someone to help you model the future. Someone to help you make better decisions to reach your objective quickly.
1. Data presentation. Reporting on and clearly communicating financial information is the keystone of an FD's effectiveness. The ability to break down complex data to inform wider action-planning is essential to having a positive influence on an organisation's strategy.