This book enables you to chart your company's course. "Reinventing the CFO" is the groundbreaking guide by financial veterans Henry Johanson, Thomas Walther, John Dunleavy and Elizabeth Hjelm that offers a proven blueprint for professionals making the enormous shift from "number cruncher" to strategist and business partner. Based on Coopers & Lybrand's pioneering "Office of the CFO frameworks", it leads you through the live critical steps that will define how you can face today's challenges: partnering and integration; redefining the role of finance and retraining staff to understand business operations and market drivers; strategy; applying traditional analytical skills and business judgment to the question; where should our company apply its capital resources? management control; producing a new set of strategic measures that business managers can use to anticipate problems and monitor progress; cost management; creating an aggressive, long-term least-cost program that replaces "cost accounting" and continuously drives costs down from within; and processes and systems-classifying each financial process as "core," "support," or "no added value," and determining the real drivers that affect the company's profitability.
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This book enables you to chart your company's course. "Reinventing the CFO" is the groundbreaking guide by financial veterans Henry Johanson, Thomas Walther, John Dunleavy and Elizabeth Hjelm that offers a proven blueprint for professionals making the enormous shift from "number cruncher" to strategist and business partner. Based on Coopers & Lybrand's pioneering "Office of the CFO frameworks", it leads you through the live critical steps that will define how you can face today's challenges: partnering and integration; redefining the role of finance and retraining staff to understand business operations and market drivers; strategy; applying traditional analytical skills and business judgment to the question; where should our company apply its capital resources? management control; producing a new set of strategic measures that business managers can use to anticipate problems and monitor progress; cost management; creating an aggressive, long-term least-cost program that replaces "cost accounting" and continuously drives costs down from within; and processes and systems-classifying each financial process as "core," "support," or "no added value," and determining the real drivers that affect the company's profitability.
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