From the course: Finance Strategies for Business Leaders
Join today to access over 23,700 courses taught by industry experts.
Finance decisions are business decisions
From the course: Finance Strategies for Business Leaders
Finance decisions are business decisions
- There's an old joke that a CEO's job is to spend the money, and the CFO's job is to say, "No." I've seen plenty of companies with excellent products and services die because they didn't understand good financial practices or because they didn't have enough authority vested in their finance team to make sure that they followed the straight and narrow. For some business leaders, finance is some kind of black box, and even worse, for some, it's something that holds back a company's vision because of some numbers. The best way to combat this situation is to ask a lot of questions. CFOs and finance leaders are not known to make whimsical decisions. In fact, they're usually very deliberate and if they're making a recommendation, they probably have their arguments very buttoned up. So if your finance leaders are proposing something, make sure to ask a lot of questions, because chances are, they have a litany of reasons…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.