5 Keys for Continuous Professional Improvement
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The document outlines five key strategies for continuous professional growth for CFOs, emphasizing the importance of identifying weaknesses versus gaps, prioritizing time for learning, building a network, utilizing webinars, and leveraging online resources. It encourages CFOs to connect with others, seek mentorship, and stay informed through various learning platforms. Additionally, it highlights the value of actionable financial insights and the need for healthy inter-departmental relationships.
5 Keys for Continuous Professional Improvement
- 2. Partner Matt McKinlay CFO Idaho, Business Development, Turnarounds/Restructuring Dave Chase CFO Business Development, Marketing JB Henriksen CFO Business Development, Team Development Presenters Managing Partner Partner
- 4. Strategy #1 - Identify where to focus weakness vs gaps 3 YOU today Weakness part of your character? preference? Gap Can be learned
- 5. 4 We meet a lot of struggling CFOs & leaders (all can be gaps or weaknesses): LISTENER to people...connecting with them to org...connecting w problem TRUSTED FINANCIALS Accurate, Reliable, Timely financials ‘SO WHATS’ MISSING Analysis, Interpretations, Trends OPERATING BUDGETS Not so high level that not actionable, not so detailed that it is mind-numbing MIRED IN MINUTIA Cumbersome processes, need for automation/integration COOPERATION Healthy relationships with other departments Strategy #1 - Identify where to focus What we see
- 6. 5 Identify Areas of Focus StrengthsFinder 2.0: Gallup, get the book, take the test Walkabout: credit to KKR - Bill Brady Big IDEA #1 take note
- 7. Strategy #2 - Take Time / Make Time it’s all about priorities 6 15 minutes Time to Learn: Be Fresh, Be Relevant
- 9. Strategy #2 - Take Time / Make Time it’s all about priorities 8 15 minutes Time to Learn: Be Fresh, Be Relevant
- 10. Big IDEA #2 Information is Power PICK YOUR TOPICS Different Industry Taxes Software Broaden Outside of Finance NEWS, BLOGS, NEWSLETTERS DEALMAKING: Pitchbook, SVB STRATEGY: Mark Suster - Both Sides of the Table Guy Kawasaki - How to Change the World Harvard Business Review James Altucher - Altucher Confidential GENERAL: CEO.com CFO.com BeehiveStartups.com / SiliconSlopes.com SAAS: Labs.Openview Learning Opportunities are EVERYWHERE 9
- 11. STRATEGY #3 - Build a CFO Network 10 LinkedIn Groups CFO Network Utah CFO Intermountain CFO Network Silicon Slopes CFO Forum New developing format UTC / TV CFO Forums 10-20 CFOs in a room learning together Find a Mentor Be Courageous...Ask
- 12. Learning Opportunities are EVERYWHERE 11 LinkedIn Groups - Utah CFO
- 13. Strategy #4 - Webinars fast, convenient, content rich
- 15. PROFORMATIVE network and learn CFO.COM Content Heavy...less networking ACCTG FIRMS Content Heavy...less networking Strategy #4 - Webinars fast, convenient, content rich
- 16. Online learning resources are limitless. Stay connected. 15 Strategy #5 - Online Resources the world is flattening
- 17. Proformative Enables finance professionals to make smarter business decisions, connect with their peers, and advance their careers.
- 18. Quora Quora is actually an awesome hangout. Anyone can ask a question and people answer.
- 19. LMS Learning Management Systems can be extraordinarily content rich and specific to your needs.