The CFO'S Perspective

Nick Anderson & Bill Palmer - The 3 P’s

Nick Anderson (Columbia Bank) recently invited Bill Palmer (CFO Selections) to be interviewed in a 4-video series. Nick and Bill had an in-depth conversation about the 3 P’s:

  1. Finding the right Partner
  2. Getting the right Products
  3. Negotiating a fair Price.

The series was shared via LinkedIn but in case you missed it, we have the four-video series wrapped up into one.

Topics: Planning CFO Selections Video

Crossing the Finish Line – “Winners” of the World’s Best Mountain Bike Race (A True Story)

After a year of strategizing, planning, training and stress, my wife, Heather and I participated in the one-of-a-kind 7-day BC Bike Race in beautiful British Columbia.

Topics: Success Stories This is Us Personal Development Portland

Too Few or Too Many CFOs?

As the leader of our executive search practice, the most common question I get asked is, “What is the market like for CFOs?” 

My reply has generally been, “Well, in the Pacific Northwest there is an oversupply of experienced CFOs but not enough ‘up and comer’ CFOs”. 

I also mention: “It will cost you a lot more to get an inexperienced CFO than it did in the past.” 

Why do I say this?  It is all about demographics and supply and demand.

Topics: Recruiting Search Services Hiring HR

Integrity in Business - A Priceless Essential for Success

 

Trust is like the air we breathe — when it’s present, nobody really notices. When it’s absent, everyone notices.”  — Warren Buffett

Integrity in business is an essential ingredient for sustainable, long-term, business growth and success. It can be hard to define and difficult to measure, but you know it when you see it, and it’s clear when it’s not there.

Topics: Leadership CFO Responsibilities Integrity

Book Review: “Can't Hurt Me: Master Your Mind and Defy the Odds” by David Goggins

Today Eric Moore shares his thoughts about the book: “Can't Hurt Me: Master Your Mind and Defy the Odds” by David Goggins

About David Goggins:

“For David Goggins, childhood was a nightmare - poverty, prejudice, and physical abuse colored his days and haunted his nights. But through self-discipline, mental toughness, and hard work, Goggins transformed himself from a depressed, overweight young man with no future into a U.S. Armed Forces icon and one of the world's top endurance athletes. The only man in history to complete elite training as a Navy SEAL, Army Ranger, and Air Force Tactical Air Controller, he went on to set records in numerous endurance events, inspiring Outside magazine to name him The Fittest (Real) Man in America.”

Topics: Leadership Book Review Personal Development

Types of Cloud-Based Accounting & Financial Apps Our Clients are Using

On to the cloud… Accounting and finance applications have been expanding into the cloud ever since the advent of the internet.  In Seattle, Amazon AWS and Microsoft Azure are betting their future on the cloud which has had a huge impact on the local community.  I see more and more cloud based  accounting and financial applications that perform critical business functions. Each makes the promise to bring cost savings and efficiencies to the business owner. 

To determine how cloud applications were impacting our clients, I surveyed our associates (contract CFOs, controllers, accountants and bookkeepers) to see how extensive cloud-based applications are being used.

Topics: Planning Accounting System

The Role of the Board During Leadership Transitions

Is there anyone flying this plane?

In too many cases, a nonprofit board’s approach to leadership turnover is hectic, not well thought out or planned, reactive instead of proactive. Most often, the board  is group of passionate, well-meaning volunteers who are now faced with the single most important role they will have: selecting a new leader. How the board navigates the transition will directly impact the future and potential viability of the organization.

Topics: Non Profit Organizations Leadership Transition

How to Join a Nonprofit Board

PART I

Since my early days in corporate America working with Fortune 500 firms, I have been involved in the world of nonprofit organizations as a volunteer. I’ve been a member and served on numerous committees and boards. My career eventually led me to work for several nonprofit organizations. As an employee, I not only worked directly with executive directors and board members, I was also actively engaged in developing boards and recruiting board members.

I have seen it all.

The passionate, but misaligned. The resume filler. The perpetually too busy to meaningfully contribute. Just to name a few.

Along the way, I’ve also worked with and recruited highly intelligent, competent, committed and dedicated individuals who are in “the right seat on the bus”.

What’s to come.

I’m writing this to help you become one of the latter types of board members – ones who willingly give their time, talent, and treasure to the organizations they serve; and to help nonprofits get the right board members on their team – the ones who selflessly work on the governance and fundraising side of the organization, enabling the staff to focus on the mission.