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How to Be a Transformational CFO
By Andrew Spanyi
CFOs can succeed as leaders of transformational change if they view the business from the “outside-in”—from the customer’s perspective—are willing to collaborate across traditional department boundaries, and execute their plans by improving the organization’s business processes. The obstacles include failure to align the initiative with strategy, not involving the right people, and failing to install the right reporting systems.
Designing Honesty into Your Organization
By Christian Mastilak, Linda Matuszewski, Fabienne Miller, and Alexander Woods
To make honesty an integral part of the organization, leaders must use fair reward systems and ensure simple communication strategies. The authors point out the costs of dishonesty and the measures used to document kinds of dishonesty in corporations. They also offer six key steps to design honesty into a company’s cultural fabric, beginning with vertical and horizontal fairness when making compensation decisions.
The Next Great Fed Crackdown
By Thomas R. Weirich, CPA, and Steven A. Harrast, CPA
U.S. companies that do business in other countries need to be especially mindful of complying with the Foreign Corrupt Practices Act. In an effort to level the corporate playing field, the feds have stepped up enforcement to penalize organizations that pay bribes and use other underhanded tactics to gain a competitive advantage. Even if your company is on the level, now is the time to review your internal controls.
Doing More Good
By Jodi Chavez
In an environment of reduced spending, layoffs, and rising costs for customers, corporate reputations are taking a beating. Creating a business case to become a better corporate citizen has benefits, including building a good reputation, attracting investment, reducing risks, attracting better talent, and increasing motivation and retention. Begin with a corporate social responsibility (CSR) assessment, and then develop a CSR strategy.
Training Tomorrow’s Leaders Today
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Nook Tablet, Casio TRYX, Apple MacBook Pro, Belkin Mini Surge Protector
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