Over the next few weeks, UHY Farrelly Dawe White will be publishing a series of quotes from successful Chief Financial Officers around the world.
23rd February 2017 – We are starting with Anthony Nota, CFO of Twitter:
Anthony says great financial leaders dig deep to find the truth:
“Great leaders of organizations run after problems, make their footprint bigger than their foot, and always strive to find the truth — because you have to get to the truth”
Keep an eye on our Facebook over the next few weeks as we add more tips and advice from some of the world’s leading CFO’s.
Quote Courtesy of Businessinsider.com
2nd March 2017
Bob Shanks, the CFO of Ford, says you have to be grounded in real-time.
“Operating a global business in a fast-changing world, you have to be grounded real-time in the external environment, have complete transparency, be fact-based and working with a great, collaborative team”
[one_half_last] Olivier Bisserier, CFO of Booking.com, says you need to have a maniacal focus on ROI.
“As an organization, we have a maniacal focus on ROI. We built our organization globally by keeping this at the center of every investment and decision and now it’s just part of our DNA.
“My best piece of advice is look at what your organization needs and don’t be afraid to take chances, but balance risk with success, only increasing the former when the latter goals are being met.”[/one_half_last]
John Stephens, the CFO of AT&T, says it’s critical to remember cash generation.
“In this era of ‘free money,’ it’s still critical to remember cash generation — or, rather, consistent and material cash generation. It’s the biggest factor in the long-term success of any business.
“This might sound textbook, but that’s because it’s true. Revenue growth and disciplined expense management will generate the cash a business needs to invest, seize growth opportunities, and return consistent value to owners.” [/one_half]