Effectively managed accounting teams invariably make a significant difference to the general performance of a business. With integrity of the accounting function comes reliable and timely financial and management information.
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Organisations normally engage in developing a robust CFO Profile when they need to recruit, however conducting the same process within your organisation when recruitment is not the focus can have great benefits for aligning business strategy with the individual and team.
A functional Board contributes to the overall productivity of the organisation and staff often look to the Board of Directors for guidance, regulations, support, and the tools and resources to do the work that is expected of them. When a Board is lax or negligent, or does not take care of tasks and responsibilities, it doesn’t take long before staff and the daily operations of the organisation are affected.
Ever been given feedback that you disagree with? What was your response? If you are like most, then your response was probably along the lines of: Anger; “Where does he/she get off telling me that.” Denial; “That’s not how it happened.” Deflection; “He/she should concentrate on their own problems.” Righteousness; “What would he/she know? I know more about this than them.”
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