Reinventing the CFO: How Financial Managers Can Transform Their Roles and Add Greater Value
| Author | : | |
| Rating | : | 4.69 (899 Votes) |
| Asin | : | 1591399459 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2013-11-10 |
| Language | : | English |
DESCRIPTION:
He is a chartered accountant and a coauthor of Beyond Budgeting, Transforming the Bottom Line, and Competing in the Third Wave, all published by HBS Press.. About the AuthorJeremy Hope is Research Director of the Beyond Budgeting Round Table, a not-for-profit collaborative focused on improving firms’ performance management processes
He is a chartered accountant and a coauthor of Beyond Budgeting, Transforming the Bottom Line, and Competing in the Third Wave, all published by HBS Press.. Jeremy Hope is Research Director of the Beyond Budgeting Round Table, a not-for-profit collaborative focused on improving firms’ performance management processes
"Loved it, but was left unfulfilled" according to Gerard Van Stijn. I loved this book. Mostly because it offers us hope. And I agree with the author that most of us finance people are making things unnecessary complicated for ourselves.Mr. Hope makes a very valid point. We do focus too much on detail and budgets are obsolete often before they are are written do. "A Great new angle of Financial Vision" according to B. Robertson. I just received this book last week and started reading. This has been an easy read with lots of good pointers. I kept a highligter close by the entire time I have been reading. As a CFO I often feel buried in beurocracy but this book gives ways the CFO can free themselves from some of this dru. "How to redefine a role "that is fast becoming obsolete"" according to Robert Morris. I agree with Jeremy Hope that those who are -- or who aspire to become -- a CFO need to understand that, as Hope explains, "too many CFOsremain prisoners of dysfiunctional systems and mental models that were developed for a role that is fast becoming obsolete." That is to say, the position of C
Unfortunately, the complexity and detail inherent in CFOs’ jobs keep them shackled to budgeting and transaction-processing systems that leave little time for value-adding activities.Jeremy Hope says it’s time to redefine the role of CFOs in today’s organizations, liberating them from ineffective number-crunching responsibilities and enabling them to focus on helping managers improve performance. They expect decision-making support and performance insights that can improve bottom-line results. On the heels of a decade of scandals and the new pressures brought on by the Sarbanes-Oxley Act, corporations expect far more from their CFOs than simply managing the numbers. Grounded in extensive research, Reinventing the CFO outlines seven critical rolesfrom streamlining redundant processes to regulating risk to identifying a few key measuresthat CFOs must take on in order to successfully transform the finance operation.Challenging many of the finance field’s accepted practices and systems, this bold book revolutionizes the role of financial