Being competent in both financial and human skills is the challenge of the accountant/CFO of the twenty-first century. In this session, you will explore today's requisite skills in two parts: part 1—business and technical skills, and part 2—leadership skills. In part 1, you will learn to expand your technical skills to go beyond the question: 'What are the financial numbers?' to 'Why did these financial results occur?' You will explore the use of ratios to understand business dynamics and the implications for corrective action. Additionally, we will discuss best practices, vision-setting, strategizing, and understanding macroeconomic environments, with the goal of exploring the role of business as opposed to tracking the results of the business. Part 2 will make evident that it is people skills that drive the overall success of accounting operations. You will examine your own skills with the goal of understanding your ability to influence others and lead difficult change. This session will help you recognize what leadership truly is as opposed to what passes for day-to-day management.
After completing this course, you will be able to:
- Determine what is necessary to lead the organization as well as the accounting/finance department.
- Identify tools that are available to improve leadership, business, people, and technology.
- Apply a competency framework to each participant's skill level and develop a plan of action to obtain competency in all levels.
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