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Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff

CFO Talks

Different work styles, communication preferences, and problem-solving approaches may create friction. Setting clear KPIs and ensuring that these are communicated across the team is essential. Encourage Open Communication A common pitfall in managing diverse teams is the breakdown of communication.

Finance 98
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How to Prepare Your Finance Team for Growth 

CFO Talks

Not only does this make your department more efficient, but it also builds problem-solving and leadership skills. Constructive feedback is equally important. Regularly communicate the companys goals and strategies and show how the finance department contributes to achieving them.

Finance 52
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Best Financial Innovations 2024

Global Finance

Challenges often reveal new problems to solve, demanding increased focus on finding innovative ways to improve efficiencies. Eurasian Bank’s AI-based tool allows real-time automated and transparent monitoring of shareholders’ funds during housing construction. This mitigates fraud and discourages inflated costs.

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Members’ Profile: Rofhiwa Irene Singo

CFO Talks

While I do engage in formal mentorship, I find that offering direct, constructive feedback on work submitted to me is equally impactful. When team members observe my approach to challenges and decision-making, they gain insights into effective problem-solving and professional standards.

CFO 95
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What makes a good CFO

CFO Talks

Jeandre de Greef is the CFO and Director of the Tristan Group, which provides procurement and project solutions to energy, construction, mining and shipping industries in many African countries. Having a core team with a high level of trust is key because certain tasks overlap portfolios making communication very important,” he says. “We

CFO 52
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Move On From Legacy Reports, Then Watch Adoption and Usage Double

Collectiv

Legacy Reporting Tools Limit Capabilities One of Avison Young’s clients needed to create a series of financial dashboards in their enterprise accounting system to track and manage budgets for a multi-million, multi-year real estate construction project. Collectiv brought a wealth of problem-solving experience to the table.

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Six key drivers of transformation success CFOs must know (Part 1)

Future CFO

Communicating to teams how a transformation is going to impact them requires a very different playbook. This can be done through active listening, demonstrated empathy and constructive problem solving. This is where honesty in communicating what may be changing is essential.