Five (Maybe Six) Books That Every CFO Should OwnBook Description The CFO manages the financial structure and oversees the financial performance of an organization, so this is a critical and demanding management position. The book covers all parts of the CFO's traditional finance role, including budgeting, fundraising, investments, going public, investor relations, and share management. Strategic Planning Chapter 3. Risk Management Chapter 4. The Control Environment Chapter 5. Performance Measurement Chapter 6. Mergers and Acquisitions.
Top 3 Books for Financial Success - Brian Tracy
Quick, Back-to-Basics Read for New CFOs
The necessary characteristics include becoming a master of analytics, having an obsession about everything ROI-related, focusing a majority of attention on cash generation, assessing risk over and over, and maintaining interdepartmental communications. But these characteristics do not offer a holistic view of what it means to be the head of finance. And not one article mentions the significance of building relationships with other departments, like human resources. Not a single article captures the basics of how to become a successful CFO, let alone an effective leader. And even the best article offers little advice to those who are new to the role. For example, if a bank is considering taking control of a company because it has defaulted on a loan, it helps if the CFO has a close relationship with someone at the bank. A good relationship may buy the company time.
These three books certainly qualify:. Lind and Barner offer up an insider's view on the life—and the challenges—faced by today corporate financial officers. Structured in an interactive interview and case study format, the book sees a select group of global influencers and financial executives weigh in on issues near and dear to finance professionals, including Lean Six Sigma, innovation, customer-centricity, the financial supply chain, and behavioral procurement. As head of global talent at Cisco, Frangos spearheaded the company's CEO-search campaign in , ultimately helping choose the successor to John Chambers, widely viewed as one of the most respected CEOs in the global tech industry. In it, she gives readers a genuine insider's guide to creating their own C-level career path.