The 7 Habits of Effective CFOs course discusses the top seven tasks that a chief financial officer should address in order to be as effective as possible. The suggestions cover a broad range of topics, including financial analysis, cutting back failing or substandard operations, bottleneck management, and how to deal with risk. The course also notes how these recommendations vary from the contents of a typical CFO job description.
Recognize the difference between being effective and efficient. Describe how a CFO should communicate financially viable alternatives to others. Recognize the risks associated with pruning current operations. Note the proper role of the CFO in the acquisition process. Describe the essential components and requirements of an adequate cash forecasting system.
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