Towards a Financial Outcome-Based Leadership Model
Towards a Financial Outcome-Based Leadership Model [Aug 2006] Executive SummaryThis White Paper shows that current leadership assessment approaches have not kept pace with modern theories of the firm and modern financial approaches. It argues that any leadership assessment approach that does not directly show how an executive’s or manager’s behavior is linked to the creation […]
Innovator Financial Styles and Financial Performance
Innovator Financial Styles and Financial Performance [Jan 2007] Executive SummaryInnovation is a vital task for companies and countries. The current focus for improving innovation is to find and implement better organizational processes. The current approach assumes that if the processes are correct and effective, then essentially any manager can be put into an innovation task […]
Succession Planning and Business Acumen
Succession Planning and Business Acumen [Apr 2007] Executive SummarySuccession planning has become a key competitive weapon in its own right through its impact in building a strong culture where new leaders are constantly identified and developed. But succession planning programs as currently practiced focus on competencies that are mainly social, professional and personal in nature […]
The Role of the CFO in Organizational Transformation
The Role of the CFO in Organizational Transformation [June 2007] The CFO Organizational Transformation Organizational transformation can only occur through changing behavior. CFOs need to become key drivers and shapers of the financial culture of the organization to make it more profitable. To achieve this they should aim to become key influencers of talent management […]
How Leadership Development Can Address Financial and Credit Crises using business acumen
How Leadership Development Can Address Financial and Credit Crises [Dec 2007] Executive SummaryThe current credit market crisis reveals a basic problem in leadership development, that is, the lack of programs to develop business acumen, particularly for the executives who are charged with the responsibility for risk, and especially the quants. It is highlighting the vulnerabilities […]
A Recession’s Role in Transforming Leadership Development
A Recession’s Role in Transforming Leadership Development [Feb 2008] – See Updated and Reissued Version [Sep 2008] Executive SummaryCost cutting in a recession usually includes strategic HR and leadership development initiatives and expenses. Recessions often also lead to negative perceptions of HR since they are made responsible for cutting people and programs in line with company […]
The Financial Psychology of the Presidential Frontrunners and its Impact on US Competitiveness
The Financial Psychology of the Presidential Frontrunners and its Impact on US Competitiveness Executive Summary Election Op Ed This White Paper examines the financial psychology of the three Presidential front-runners with the aim of assessing what impact they will have on the US economy and US competitiveness. The approach used in the paper is based […]
The Role of Business Acumen in Leadership Development (Updated)
The Role of Business Acumen in Leadership Development (Updated) [June 2008] Executive SummaryThis paper discusses the emerging role of business acumen in leadership development programs and how this differs from business or (financial) literacy programs. Business acumen training highlights the need for managers to understand how their actions and their behavior impact their financial decision-making […]
A Recession’s Role in Transforming Leadership Development (Reissued)
White Paper on a Recession’s Role in Transforming Leadership Development A Recession’s Role in Transforming Leadership Development (Reissued) [Sep 2008] Executive SummaryCost cutting in a recession usually includes strategic HR and leadership development initiatives and expenses. Recessions often also lead to negative perceptions of HR since they are made responsible for cutting people and programs […]
The business cycle–booms and busts, corporate governance and business acumen
Booms and Busts, Corporate Governance and Business Acumen [Nov 2008] Executive SummaryOne question that has, surprisingly, not been asked in the current financial crisis is why a crisis of this severity could occur after so much effort had been invested in reform of corporate governance. The corporate governance reforms of 2002 enshrined in the Sarbanes-Oxley […]