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As the current Financial Director at Denso South Africa, Christopher has held key positions that span multiple industries, including logistics, fuel terminals, and manufacturing. Here we explore Christopher’s career milestones, his leadership philosophy, and the life lessons that continue to shape his approach to both business and life.
Arriving at a high school in Cape Town, South Africa, without speaking English, Cosmin Pitigoi faced an immediate communication challenge. Years later, that same resolve reemerged in eBays IR function, where Pitigoi realized the company’s available data was falling short in communicating the breadth of eBay’s story.
Prioritizing People in Manufacturing – Why it Matters? As the saying goes in manufacturing, “if you don’t have the people, you don’t have the products.” When this happens, you’ll find manufacturing workers that feel underappreciated, unheard, and disengaged from organizational goals. It also shows respect.
It now demands a strategic, forward-thinking approach that incorporates digital transformation, sustainability, data-driven insights, and human leadership. Case Study Highlight: A South African manufacturing firm adopted green accounting after engaging with ICFOA.
With over two decades of professional experience spanning finance, accounting, and leadership, Henk’s journey began in high school, where his passion for numbers was ignited by managing his own small business and assisting with his fathers bookkeeping. To help the management team to bring the X-factor with their leadership skills.
1 This means that executive leadership should hold the chief human resources officer (CHRO) as well as business leaders throughout the organization accountable as they partner to develop and deploy a suitable talent strategy. The post Talent Strategies Demand a New Normal first appeared on CFO Leadership.
Without products to sell a manufacturer cannot exist. Strong financial leadership will ensure that the products being developed are right for the market, priced correctly, and attracting key customers. But without products that sell profitably , it will not stay in business. This is where product development and finance intersect.
Eager to drive business outcomes, Keefe immersed himself in tech, soon discovering a passion for FP&A and leadership. His background at the SEC informs his ethos of communicating frequently and candidly with stakeholders. Russ Keefe’s CFO PLaybook Embrace full disclosure to cultivate trust and robust board relationships.
So, we asked what percent of revenue a contract manufacturer in the Midwest with $5 million in annual revenue should spend on accounts receivable. The top three are data analytics, financing, and communications. ChatGPT can certainly help with communications. The post Should CFOs Use ChatGPT first appeared on CFO Leadership.
Expanding our supplier networks beyond machine manufacturers adds complexity but also enhances our ability to deliver top-quality, unique craft beverages with a complete solution. Our global sourcing techniques for premium fruit purees, creamers, coffees, teas and energy boosters required us to build a strong network of providers.
Finance leaders now are faced with the task of identifying and mitigating ESG-related risks, allocating resources towards sustainability initiatives and communicating the organisation's ESG performance to stakeholders. He says businesses are not just pursuing sustainability for compliance purposes but also for long-term value creation.
While everyone understands good stories only some of us understand numbers, so they can never be the common denominator which we use to communicate to our audience. That’s typically not something FP&A professionals are good at which means their effectiveness of communicating their insights generated from the analysis will suffer.
Unlike other financial professionals that may only have accounting or financial analysis under their purview, a fractional CFO can look at the broader picture to understand how strategy will affect areas like HR, sales, marketing, and manufacturing. Increasing Communication. Strategic planning relies on good communication.
millennials say they want to engage with a chatbot when communicating with a brand, less than 30 percent of small business leaders across the retail, construction, manufacturing and services sectors are incorporating chatbots. Research from Capterra published on Tuesday (Nov. While nearly two-thirds of U.S. ” . ” .
Brett uses the examples of manufacturing a car, which is complicated, and raising a child, which is complex. They demand strong interpersonal relationships and effective communication. www.planful.com The post Ep 25: Impact of Organization Design on FP&A appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.
According to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. Market dynamics and uncertainties are making revenues less predicable for MedTech manufacturers, thereby impairing forecasting and planning processes. How DSE Applies to the Medical Device Sector.
Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S. The TWS leadership team will continue to manage the business and, together with Samsung, address the network upgrade cycle occurring in the U.S. 5G network expansion.”.
Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S. The TWS leadership team will continue to manage the business and, together with Samsung, address the network upgrade cycle occurring in the U.S. 5G network expansion.”.
The shift towards remote work has increased reliance on digital communication and collaboration tools, exposing organisations to new security risks as cybercriminals exploit vulnerabilities in remote access systems and unsecured access points within the home. Huge manufacturing demand. Strengthen cybersecurity leadership.
If you hired a consultant who has worked exclusively with 20 manufacturers in your specific industry and they’ve given the same advice to every single one of those 20 companies that are competitors of yours: . Internal communication. Your CFO will be in constant communication with other leadership roles in your company.
The CFO—either a full-time CFO or a Fractional CFO embedded in the leadership team—has a critical role in response to the current inflationary cycle and the resulting uncertainties. It all boils down to data-driven analysis, scenario planning, communication, collaboration, and—just as important—coordination.
Buckley is a highly accomplished CFO, overseeing finance, operations, IT, and HR in areas such as domestic and international manufacturing and distribution, SaaS, retail, healthcare, nonprofit, and service companies worth from $2M to $25B.
Strengthening the Tone at the Top The tone at the top refers to the ethical climate set by the organization’s leadership, particularly the board of directors and executive management. Ethical behavior must be demonstrated by leadership and permeate through all levels of the organization.
Prior to joining Funko, Nave held various executive leadership roles at Walmart.com, where he served as the CFO, COO, and CEO. Prior to that, she served as the CFO of ByHeart, a baby nutrition company, and held several finance leadership roles at Dove, Chobani, and Talenti. Varma began her career in accounting at KPMG.
We do this by helping our customers—who are cement manufacturers or producers and consumers—achieve their decarbonization plans. The cement manufacturing market is a very large market that is growing. Our first commercial manufacturing plant, which will further distinguish us, will be coming online in the second half of this year.
Brands that successfully close the say-do gap by educating consumers, ensuring sustainable alternative options and availability, driving clear communication, and improving information sources are rewarded with future sales and valuable consumer recommendations, Bain said. Choose partnerships to scale. Embed ESG in the heart of your brands.
Meanwhile, for the year 2022, Andriano Hosny Panangian , director of finance and risk management at cement manufacturer PT Semen Indonesia (Persero) Tbk , said managing cost has been the biggest challenge, considering the era of high inflation and volatility in the commodity sector. “At
However, for the past couple of decades, ESG has typically consisted of producing an annual glossy Corporate Responsibility Report that discussed various initiatives in descriptive terms across areas such as energy usage, waste stream mitigation, labor practices, community programs, charitable giving, etc.
Be sure you are communicating your value proposition in all that you do. It is not just auto manufacturers that are now looking at reviving old domestic factories and acquiring critical organizations and assets down their supply chains toward the source to mitigate dependencies. Know Your Value Proposition. Retain Your Team.
Communication is essential before, during and after any technology implementation and is essential for the successful rollout of an IT project across an organisation’s finance department, according to Leek Chew Tan , senior finance manager, Jabil Penang. “I Technology changes the dynamics of finance operations. Virtual meetings.
This can include software companies, manufacturers and many who may not even have thought of themselves as a research-oriented business. This operating plan can and should also be used in setting targets for management and the sales team and to finalize and communicate their respective compensation plans.
Ultimately, the discussion centers on the importance of strategic relationships, effective communication, and adaptive leadership in navigating today’s complex business environment. CFO Todd Patriacca of BVI Medical discusses BVI’s monthly review process, known as Site week, which includes financial and operational reviews.
For example, Oliver Li , treasury manager at Asia Pacific at FMC Corporation , assessed the business value of moving some manufacturing from China to Egypt as the former faced power outages. FMC Corporation’s Li also encouraged his team to meet with other team members for cross-functional communications.
IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term. Cost Reduction - by achieving lower energy, water and materials cost and avoiding wasteful manufacturing, packaging and shipping practices.
While everyone understands good stories only some of us understand numbers, so they can never be the common denominator which we use to communicate to our audience. That’s typically not something FP&A professionals are good at which means their effectiveness of communicating their insights generated from the analysis will suffer.
By distilling these goals into a concise list and communicating them consistently—whether in formal presentations or casual discussions—the CFO ensures everyone understands and aligns with the finance department’s direction. Fostering Commitment to Change True leadership is shown by example.
Read More And I found the professional association space and joined Project Management Institute, PMI, which is one of the leaders in the project management space, and joined the organization in 2013 and performed a number of executive leadership roles throughout my career there. You need people to communicate, to connect, to solve problems.
RGE , a Singapore-headquartered group of resource-based manufacturing companies with global operations, detailed how the treasury and cash management functions are being performed within the group to maximise resources and address issues gearing towards excellence in such areas.
We also have another platform where we sell into manufacturers, dealers and so forth. When you’ve got 10 guys in a startup who all sit in the same room together, it’s very different from when you’ve got 150 people across four different departments communicating from dozens of locations. Accountability and leadership as the team scales.
In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. The company’s leadership used fake holdings and off-the-books accounting practices to deceive regulators. Valuations are a classic example of hole-filled financial reporting.
This was the focus of the New Jersey Chapter of the CFO Leadership Council at its May 2017 panel discussion titled “How Much Risk Is in Your Risk Management?” Moderated by Angela Tise of the CFO Leadership Council, the panel included Claire Doherty, Director of the Risk Consulting Practice at KPMG, Brian J.
Last year, for instance, the firm rolled out Invoice Automation to help manufacturers and distributors capture invoice data for their accounts payable departments. Often, too, this situation requires a lot of back-and-forth communication between buyers and suppliers via email or phone.
00:32:47 [Speaker Changed] Let’s talk a little bit about some of your thoughts on, on leadership at the bank and, and long-term strategy. 00:40:17 If you look at Germany, obviously the largest, you know, economy in Europe, it’s very still sort of heavily manufacturing based. What types of firms were you working with then?
As technology crunches the growing volumes of data, soft skills like critical thinking, problem-solving, and communication will become crucial for Finance to succeed. #1 4 – Communicate your plans and the benefits of AI in Finance. With the help of AI, finance teams can spend less time on spreadsheets and more time on strategy.
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