How Does CFO Pform Into CEO?

By the end of 2004, the Chartered Institute of Management Accountants

1. do a good job in basic financial accounting.

For those who want to become CEO, from financial accounting to management accounting is often seen as a particularly good start.

2. make the right investment decisions.

CFO, which has proved to be an excellent CEO, is doing pretty well in this regard.

According to a recent survey by the chief financial officer, more than half of the CEO companies born in the Financial Times Index 350 have helped their company get better performance than the average performance in the stock market. CFO

3. good business sense and personal charisma.

You must have a real interest in business as finance, and play a positive role in this process. This will provide a good background for your promotion to CEO.

In addition, the relationship between CEO candidates and future bosses.

4. set up a space for yourself to assume organizational responsibility.

In addition to cultivating personal charisma, you also need to ensure that you get as much overall management experience as you can.

Senior managers seldom plan and manage their careers. They are busy with their work and have no time to take care of their roles.

Remember to give yourself some opportunities to take organizational responsibilities and use financial skills in some non-financial areas, which is also helpful for your promotion.

DDT: CFO's positioning, quality and its relationship with the board of directors

Position: corporate steward and strategist, corporate finance investment

Quality: should have strategic vision, be a good navigator and keen analyst; be a policy maker and moderate guide, or be a manager and supervisor; be good at risk management, but also strive for maximizing shareholder value and be an important criterion for evaluating its performance; good at capital operation and excel at accounting, taxation and management consulting.

The relationship with the board of directors: all the work of CFO should be accountable to the board of directors and get the support of the board.

Therefore, directors often tend to push CFO to the front line when they consider changing their minds at critical juncture.