{"id":6314,"date":"2009-12-03t12:55:41","date_gmt":"2009-12-03t16:55:41","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=6314"},"modified":"2024-11-19t21:49:15","modified_gmt":"2024-11-20t02:49:15","slug":"key-leadership-skills-for-corporate-finance","status":"publish","type":"post","link":"\/\/www.g005e.com\/2009\/12\/03\/key-leadership-skills-for-corporate-finance\/","title":{"rendered":"key leadership skills for corporate finance"},"content":{"rendered":"
what’s your definition of a great leader? <\/strong><\/p>\n by rick telberg<\/em><\/p>\n with the financial meltdown of 2008 and the ensuing credit crunch, corporate america has been rocked to its foundations by a crisis of confidence, requiring a new era of smart and principled leadership.<\/p>\n we\u2019ve been asking cpas and finance executives to explain a little about the hallmarks of good leadership in today\u2019s finance organization. it\u2019s still too early in the research to report any statistically significant results, but your comments have been interesting and enlightening, to say the least.<\/p>\n here\u2019s a sampling of the comments we\u2019re getting:<\/p>\n what do some leaders do wrong?<\/strong><\/p>\n and what do the best leaders do right?<\/strong><\/p>\n \u201cmost companies these days are run by \u2018technical\u2019 managers not leaders,\u201d says richard m. luthman, who runs his own financial management company in dayton, ohio. \u201cleaders inspire workers to \u2018go beyond.\u2019\u201d he admires george patton, ronald reagan and lee iacocca, adding, \u201cleaders quite simply care more about those who work for them than they do for themselves.\u00a0 not surprisingly, that kind of leader is revered. the \u2018technical\u2019 managers are quickly forgotten.\u201d<\/p>\n at a large government health-services provider, one finance manager shows what can go wrong: \u201ca new cfo has brought in somebody he knew to fill the director of finance position. the competition to fill the position was a foregone conclusion, which was counter to the stated organizational belief in succession planning. now there are way too many rumors as to what changes are coming and far too little communication to even senior managers.\u201d<\/p>\n at a mid-size company, another finance manager complains: \u201cthe leadership group does not promote professional growth.\u00a0 they give assignments to individuals [who] provide them with gossip.\u00a0 they do not take the time to train employees or to get to know each individual.\u00a0 they update and change schedules without explaining or teaching why the changes were necessary.\u00a0 they do not praise successful assignments but berate when something goes wrong.\u201d<\/p>\n this cpa manager continues, \u201ca leader is someone who guides and teaches but allows you to incorporate your style into your work.\u00a0 a leader has a \u2018hands-off\u2019 approach, is not controlling or narrow minded.\u201d<\/p>\n but here\u2019s another lesson that can be drawn from these comments: leadership responsibilities and opportunities are not necessarily limited to those with a title or a corner office. in fact, in a truly professional workplace, every cpa can \u2014 maybe should \u2014 be a leader. your colleagues and clients, supervisors and stakeholders are looking to you for your competence, your integrity, and your advice.<\/p>\n in these turbulent times, cpa leadership is needed more than ever.<\/p>\n what’s your definition of a great leader? by rick telberg with the financial meltdown of 2008 and the ensuing credit crunch, corporate america has been rocked to its foundations by a crisis of confidence, requiring a new era of smart … continued<\/a><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[2259,1908,5,2297],"tags":[715,575,93,226],"class_list":["post-6314","post","type-post","status-publish","format-standard","hentry","category-leadership","category-management","category-outlook","category-staffing","tag-jobs","tag-leadership","tag-management","tag-staffing"],"acf":[],"yoast_head":"\n\n
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copyright 2009 aicpa.<\/h6>\n","protected":false},"excerpt":{"rendered":"