CFO Series: Skills for 2023 and Beyond
DEI Done Right: Lessons from Change AgentsWhy is DEI so important for businesses? What are the economic benefits of DEI activities? What are the ethical considerations for DEI? What can business executives do to encourage diversity? What can executives do to ensure inclusion of diverse employees, shareholders, customers, and other stakeholders? Business case for DEI activities Ethical considerations of DEI Economic benefits of DEI Definition and clarification of diversity, equity, and inclusion Examples of effective DEI initiatives Accomplishments Follow Failures: Success Through Experimentation Every success is the result of numerous experiments that failed. Every scientific advance was preceded by failures. To be direct, failures lead to success. Every failure is temporary and is merely an opportunity to improve. Successful organizations continuously experiment so they can learn and stay ahead of the competition. We will demonstrate the advantages of embracing experiments as a method to improve the organization and fuel growth. Why are failures required for success? Why are failures so feared? What are some of the more common reasons for failures? Why do poor leaders believe that failure is failure? What does `fire bullets then cannonballs' mean? How should you and your organization embrace experiments? Getting the Most When Selling a Business: Little Details to Get Top Value Every business will be sold eventually. When you have built a great business and decide to move on - you want the most you can get for that terrific organization! What are the steps to take to maximize the value realized? What are the three levers to achieve maximum value? Learn how to prepare for a successful sale of the organization to maximize shareholder value. What do buyers really want? Steps to take so your business will be attractive to buyers The process to prepare for a sale: steps and timing Pitfalls to avoid The value of a strong advisory team Key considerations Measure What Matters: Identify the `Right' KPIs and Metrics With all the data available today in our organization, industry, economy, and globally, how do we identify what to measure and how? Metrics from other industries may be applicable to your industry. Metrics are not only for managers; they are for employees at all levels. Effective dashboards help achieve organizational goals and objectives. We have too much data and this seminar will show you how to turn data into useful information. Identify and describe metrics from many industries Tailor metrics to fit your industry and organization Find the right metrics to achieve your strategic goals Understand why and what to measure Establish an understandable dashboard Determine high-level and detailed KPIs Learn how to assist management to make informed decisions
Understand the benefits of diversity, equity and inclusion (DEI) initiatives and learn proven, effective techniques to realize those benefits. Learn from successful organizations that have embraced experimentation. Identify the key considerations when preparing to exit the business to achieve optimal sales price. Determine the nontraditional metrics and modify them to fit your organization's specific business needs for more actionable, informed business decisions.
Participants should have at least six months of industry or public experience and a thorough knowledge of financial accounting principles and practices. Management experience is helpful.