Boredom is definitely an issue, but making finance more strategic is the key to keeping finance exciting. Being engaged fully in the strategic operations.
This is a great episode! I have a first time CFO and I was seeking information to help him grow into this role! This video is going to be so effective for him.
So agree looking at the financial concentration of efforts in a few key areas are critical to correctly assessing what to do next. Just looking at revenue wont tell you much about the stability and sustainability of the organization.
Thank you, gentlemen, for this engaging and interesting discussion! This was exactly what I needed! I sought for top management point of view (CFO and CEO point of view in particular) on the expected outcome of these financial reports. I participate in the preparation of monthly forecasts for the company and budgeting on the part of HR (preparing personnel costs). Now I'm inspired because I know that this is not just a mathematical exercise but a way of measuring the puls of a company. Thanks to your perspective, I began to better understand the purpose of regular forecasting. This gives a lot of room for developing better hypotheses in forecasts. Thank you! If you have the opportunity to touch upon the issue of interaction between the HR department and the financial team from your perspective, I would be simply happy! What is the difference in the points of view of these departments, how can finance and HR better understand each other? What is your opinion about the role of the HR department in this planning and analysis process? After all, personnel costs are a significant part of expenses.
Boredom is definitely an issue, but making finance more strategic is the key to keeping finance exciting. Being engaged fully in the strategic operations.
This is a great episode! I have a first time CFO and I was seeking information to help him grow into this role! This video is going to be so effective for him.
So agree looking at the financial concentration of efforts in a few key areas are critical to correctly assessing what to do next. Just looking at revenue wont tell you much about the stability and sustainability of the organization.
Thank you, gentlemen, for this engaging and interesting discussion! This was exactly what I needed! I sought for top management point of view (CFO and CEO point of view in particular) on the expected outcome of these financial reports. I participate in the preparation of monthly forecasts for the company and budgeting on the part of HR (preparing personnel costs). Now I'm inspired because I know that this is not just a mathematical exercise but a way of measuring the puls of a company. Thanks to your perspective, I began to better understand the purpose of regular forecasting. This gives a lot of room for developing better hypotheses in forecasts. Thank you!
If you have the opportunity to touch upon the issue of interaction between the HR department and the financial team from your perspective, I would be simply happy! What is the difference in the points of view of these departments, how can finance and HR better understand each other? What is your opinion about the role of the HR department in this planning and analysis process? After all, personnel costs are a significant part of expenses.