Thursday, December 31, 2009 | Modified Friday, February 12, 2010 15:04 Pacific/Honolulu
TechKnote #0501001
Enabling Project Success—the New CFO
by Donny C. Shimamoto, CPA.CITP
Many people, CFOs included, (Yes, CFOs are people too!) see the role of the CFO as that of a gatekeeper—one of the constant hurdles that a project must overcome to obtain and retain funding. Many department managers see their CFOs as lofty naysayers—rejecting ideas before they have the chance to be tried and tightfistedly withholding the funds that would allow progress.
CFOs should instead focus on becoming an enabler—-helping project teams to succeed. By doing so, CFOs can break the traditional image of lofty naysayer and become enablers of project (and organizational) success.
Thursday, December 31, 2009 | Modified Friday, February 12, 2010 15:05 Pacific/Honolulu
TechKnote #0401003
A New CFO for the New Year
by Donny C. Shimamoto, CPA
Today’s Chief Financial Officer (CFO) must embrace technology and reapply standard skills from the CFO’s toolkit to support and manage information technology (IT) projects. By embracing technology and realigning the standard financial management skill set toward IT projects, CFOs can reinvent their roles and find new ways to manage risk and provide additional value to their organizations.