Blog
Tag: Risk Management
When to Use a ‘Decision Tree’ for Business Planning
For those not familiar with the term, a decision tree is a flow chart that works through all possible response options in a scenario to…
Understanding the Importance of Financial Modeling: Should You Build a 3-Year Model?
“How do you build a three-year financial model?” It’s a question we get (and answer) a lot. A financial model is a type of financial…
Business Continuity Planning and Risk Management
One of your most important tasks as a business leader and manager is mitigating risk. Understanding what kind of risk exists, planning for the impact of…
CFO Succession Planning Best Practices
Today’s executive financial hiring numbers reveal a surprising trend! Recent data shows that the rate of companies hiring externally for their Chief Financial Officer (CFO)…
Don’t Trust Your Accountant!
What would we do without our accountants? We rely on them for accuracy, reporting, transaction processing, analysis, and financial advice. For non-accountants, the discipline can…
Danger Ahead: What are the Future Business Risks? And What Can we Do About it? (From a CFO’s Perspective)
Uncertainty, a term frequently mentioned by business leaders today, essentially refers to business risk – an area CFOs often focus on. Let’s delve into the…
The Fallout from Silicon Valley Bank: Evaluating the Implications for CFOs
The collapse of Silicon Valley Bank (SVB) was a sudden jolt to the banking system. SVB was a leading financial institution founded in 1983 that…
A CFO’s View on Insurance and Risk Management
Have you ever had a conversation that went something like this? CEO: “So, do you have an update on our insurance?” CFO: “Well, I have…
How CFOs Plan and Prepare for Worst-Case Scenarios
The current economic climate, combined with the fact that September is National Preparedness Month, has many of us thinking about how we can prepare for…
Maintaining Business Controls in a Remote Work Environment
We are now seven months into the Covid-19 pandemic, and it is clear we are far from returning to “normal”; however, that may be defined.…