CFO Insights: Delivering High Performance

CFO Insights: Delivering High Performance......Page 1
Preface......Page 7
Acronyms/Abbreviations......Page 15
Pursuing ever-higher levels of performance......Page 19
The link between finance mastery and high performance at Caterpillar......Page 20
Identifying and evaluating high-performance businesses......Page 25
High performance and enterprise value creation......Page 31
CFO Insights: lessons from the masters......Page 45
High-performance leadership through the lens of the CFO......Page 47
Maintaining fiscal discipline in the face of trade-offs......Page 59
The CFO as change agent and team builder......Page 60
Recruiting and retaining talent: a CFO imperative......Page 62
Maximizing your opportunities for impact......Page 63
CFO Insights: lessons from the masters......Page 65
Delivering outstanding growth and profitability......Page 67
Why is finance mastery important?......Page 72
The five capabilities that lead to finance mastery......Page 74
Tailoring the finance mastery framework to support corporate strategy......Page 82
What is the journey to high performance?......Page 85
Why does finance mastery change over time?......Page 86
How do you know if you have achieved finance mastery?......Page 90
The Hackett Group on finance mastery......Page 92
CFO Insights: lessons from the masters......Page 94
Finance in the center of the value-creation process......Page 97
Developing a value-centered culture......Page 103
How can finance help foster a value-centered culture?......Page 107
The journey to a value-centered culture......Page 109
The Hackett Group on value-centered culture......Page 110
CFO Insights: lessons from the masters......Page 111
Transforming finance in the journey to value-based management......Page 113
Effective performance management......Page 118
How do the most successful organizations approach EPM?......Page 121
Sustaining high performance over time......Page 130
EPM capabilities drive value and enable strategy execution......Page 133
The Hackett Group on enterprise performance management......Page 134
CFO Insights: lessons from the masters......Page 137
Driving corporate-wide benefits through high-performance finance operations......Page 141
Finance: building an efficient engine......Page 147
Finance operations: service capability, not simply efficiency......Page 162
High performers embrace best practices selectively......Page 173
CFO Insights: lessons from the masters......Page 179
Converting future initiatives into value......Page 181
Capital stewardship is a critical skill in creating high performance......Page 186
Focus on explaining how capital investments will generate future value......Page 188
Developing a rigorous capital allocation process......Page 197
The Hackett Group on capital stewardship......Page 200
CFO Insights: lessons from the masters......Page 201
Managing risk in a volatile industry environment......Page 203
The changing definition of enterprise risk management......Page 209
A risk management framework......Page 210
The components of good risk management......Page 213
Regulatory requirements and compliance......Page 220
The Hackett Group on enterprise risk management......Page 228
CFO Insights: lessons from the masters......Page 229
Pacing change in finance to the rate of business change......Page 231
Change management: a finance imperative......Page 236
Continuous renewal: managing for the upside......Page 242
Measurement: developing your talent pool......Page 247
Finance and the transformation journey......Page 250
CFO Insights: lessons from the masters......Page 253
Implementing a finance transformation program......Page 255
The case for government transformation......Page 258
The challenge......Page 259
What is high-performance government?......Page 262
The high-performance business framework: What does it mean for government?......Page 264
CFO Insights: lessons from the masters......Page 275
11 High-Performance Finance in Latin America......Page 277
Latin America through the lens of the CFO......Page 278
High-performance finance in Latin America......Page 282
12 High-Performance Finance in Eastern Europe......Page 297
Czech Republic......Page 300
Russia......Page 302
Czech Republic and Russia through the lens of the CFO......Page 304
High-performance finance in Eastern Europe......Page 309
13 High-Performance Finance in Asia......Page 319
Asia through the lens of the CFO......Page 320
Economic trends: growth and more growth......Page 325
Regional challenges and choices......Page 328
The emerging Asian finance model......Page 331
Regional priorities today – and in the future......Page 337
14 High-Performance Finance in Japan......Page 343
Japan through the lens of the CFO......Page 344
High-performance businesses in Japan: the impact of growing polarization......Page 352
High-performance businesses in Japan......Page 354
High-performance finance in Japan......Page 359
15 High-Performance Finance in China......Page 373
China through the lens of the CFO......Page 375
Applying the Asian finance model in China......Page 380
Multinationals in China......Page 382
State-owned enterprises (SOEs)......Page 387
Local independent Chinese enterprises......Page 388
Achieving high-performance finance in China......Page 390
Biographies......Page 393
Index......Page 405