CFO MENTORING - ROLE PREPARATION
BACKGROUND
The CFO plays an increasingly important role in the boardroom and the success of the company. The incumbent assumes a complex set of accountabilities where cognitive skills have to be balanced with behaviour and relationships skills.
An example of a key issue for CFOs is how to stay committed and loyal members of the management team whilst being expected to be objective commentators on problems in their relations with the Non-Executives. This requires skills which can be honed by mentoring.
CFO MENTORING
CMi has developed bespoke mentoring programmes for future or recently appointed Chief Financial Officers of listed companies.
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Dealing with the Board on strategy, information flow and control |
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Roles of and relationships with the Non-Executive Directors |
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Relationship with the CEO in the boardroom and outside |
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Relationship with the Audit Committee chair and members |
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The external and internal audit function |
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Interaction with investors, analysts and media |
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Dealing with stakeholder constituencies beyond shareholders |
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Portfolio issues: M & A opportunities, hostile takeover bids, welcome and unwelcome approaches from competitors and private equity, investment bankers |
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Building valuable networks with other Chief Financial Officers |
Several of CMi’s Chairmen Mentors are former CFOs of large international companies with listings in Europe and the US and have thus substantial best practice experience and wisdom to share.
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