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The Chief Finance Officer (CFO) can bring a fresh perspective to the Chief Executive Officer (CEO) role, but the move is not a natural progression, according to a study. Some distinguished finance executives have taken to the helm with aplomb, but for every finance chief who is offered the helm,
It is money that makes money. A corporation has a lower tax rate than an individual. Earn a profit, give the government a relatively small cut, and then put the profits to work earning more money. "Crafty Consultants, Inc." has built up $40,000 in retained earnings over the past few years.
How many times today have you checked your WhatsApp, your Instagram or Facebook feed, perhaps Twitter or the local news for more information about Covid-19? Five? Ten? Twenty or more? This is a clear indication that during times of crisis we crave information. We are hungry for clarity, for direction and for leadership.
Life is “… a lot like walking into the ocean, and a big wave comes and knocks you over. And you find yourself lying on the bottom with sand in your nose and in your mouth. And you are lying there, and you have a choice. You can either lie there, or you can stand up and start to keep walking out to sea”. “So the waves keep coming … and you keep cultivating your courage and bravery and sense of humour to relate to this situation of the waves, and you keep getting up and going forward”.
As a boss, you have a lot of power. But you need to be smart about how you use it. Here are seven things you need to avoid:
1. You make employees evaluate themselves
Self-evaluations may sound empowering or inclusive but are almost always a waste of time.
John C. Maxwell says no
one climbs a mountain without preparation, hard work and a crystal-clear
picture of what it’ll take to survive the trek and reach the top of the
Your company cannot
have a core purpose if you don’t know your own. It’s that simple. Follow what
your deepest inner voice tells you — not what society says.