Patricia J. Royak’s Post

The role of the CFO is evolving constantly, extending beyond traditional finance duties. Insights from our recent events reveal that today’s CFOs must navigate a more and more data-focused landscape, staying abreast of new #technologies and harnessing #data to drive strategic decisions. In this dynamic environment, networking events become invaluable, offering a platform for CFOs to #connect, share experiences, and #learn from peers. By attending these gatherings, finance leaders can stay ahead of #trends, explore how others are tackling new #challenges, and ensure they are equipped to add value across their organizations. Don’t miss the opportunity to be part of the conversation and keep pace with the rapid changes in the industry. Join us at our next event and see how you can transform your role in this new era of financial leadership. #UnitedLeaders #CFOLeadership #FinanceTransformation #Finance #Innovation #DataDriven #Networking #LeadershipEvents #NetworkingEvents #Events #Collaboration

Finding tactics to tackle disruption can be a challenge for business leaders.   Findings from the AlixPartners Disruption Index highlight an emergence of standout leaders who are demonstrating their capability to lead their industries in growth and innovation.   📲 Swipe through to see what executives are doing to secure their place in the lead, and discover more in the full report: https://bit.ly/4bub950   #AlixPartnersDisruptionIndex #CEOs #BusinessGrowth #BusinessLeaders

🔥 Attention LinkedIn network! 🔥 Get ready for an exhilarating panel discussion at the CFO Leadership Summit by Quartz Network we are exhibiting! 🌟 Lee Allen MAICD from Corcentric alongside Marko Sebastian, CFO of Volkswagen Autoeuropa and Huiming Chen, FCMA, CGMA, CFO of Illumina will be taking the stage to delve deep into the intriguing topic of "The CFO Balancing Act: Navigating the Paradoxes of Modern Finance Leadership." 🎤💼 Moderating the discussion, Susanne Liepmann and the panel members will be addressing the unprecedented challenges CFOs face in today's dynamic business landscape, covering: - How can CFOs strike the perfect balance between driving innovation and the pressure to optimize costs? 🤔 - How can financial leaders effectively manage high-risk scenarios while driving growth through transformation? 🌱 - The challenge of evolving the traditional CFO role into a visionary strategic leader 🌠 If you are attending the event, join the session on Tuesday morning for some very interesting discussions #FinanceLeadership #CFOBalancingAct #PanelDiscussion #InnovationAndGrowth 192 words / 1277 characters

𝗠𝗮𝘀𝘁𝗲𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗔𝗿𝘁 𝗼𝗳 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗶𝗻𝗴 𝗗𝗶𝗮𝗹𝗼𝗴𝘂𝗲𝘀: 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗧𝗿𝘂𝘀𝘁 𝗮𝗻𝗱 𝗖𝗹𝗮𝗿𝗶𝘁𝘆 Leadership is often tested in the crucible of tough conversations. These interactions are critical yet challenging, and essential for fostering trust and high performance within any team. Last week, Rob Gassman and I shared insights on this very topic at The CFO Leadership Council in Charlotte, North Carolina. This vibrant community of finance professionals is redefining the role of CFOs and FP&A leaders, pushing the boundaries of what it means to drive change in their organizations. For anyone looking to enhance their leadership skills, the Charlotte chapter of The CFO Leadership Council is a must-visit. 𝗛𝗼𝘄 𝗰𝗮𝗻 𝘄𝗲 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝘆 𝘁𝗵𝗲𝘀𝗲 𝘁𝗼𝘂𝗴𝗵 𝘁𝗮𝗹𝗸𝘀? At Lead Diligently, we harness the power of the WiLD Leaders, Inc. WiLD Trust Platform, an innovative suite of 10 assessments that probe deep into the psychological facets of leadership. Rob McKenna, PhD designed these tools (not test) help leaders navigate and master the complexities of critical conversations. Why does this matter? Because the ability to manage difficult discussions with finesse is more than a skill—it's a strategic advantage that enhances transparency and solidifies trust, paving the way for superior results and swift progress. By integrating LEAD Diligently's expertise with the WiLD Trust Platform, we offer leaders a robust framework to not only manage but excel in these conversations, ensuring continuous advancement and standout performance. Connect with me to discover how you can transform challenging interactions into catalysts for growth and opportunity. #LeadershipDevelopment #DifficultConversations #TrustInLeadership #WiLDTrustPlatform #BusinessGrowth #LEADDiligently Daniel Hallak, Ph.D., Ron Worman, Henry Sohl, Jennifer S. Langley, Kevin Murphy #CFOLC #CFOCommunity #CharlotteCFOs #SeniorFinanceLeaders

What an absolutely fantastic day, beginning with the 2024 CFO summit hosted by EY, followed by the panel discussion: The Future of Leadership, for the Regional Leaders Programme with Waterford Chamber. I would like to extend my heartfelt thanks to the panel members: Michael Stafford, Louise Grubb, Andrew Campbell-Edie, Jill Hincks, and Michael Kelly. Furthermore, thank you so much to all of the organisers behind the scenes as well for yet another very insightful discussion. My key takeaways were: 1) Strive for inclusivity and psychological safety: Provide people with the support they need in work and choice in how they want to work. Strive to create psychologically safe environments within both the organisation and team. Empower peoples voices. 2) Live in the present and celebrate the positive moments: Be truly present with those around you. Celebrate the small things, the positive moments, and don’t let the negative moments overshadow the wonderful moments each day. Each day is a new day. 3) Lead with empathy and be thoughtful: Pause and think before you speak, long enough to empathise with the other person's perspective. Focus on being thoughtful and calm, not emotional and reactive. Sometimes silence is golden, words have weight. 4) Find your IKIGAI: IKIGAI I believe translates to “a reason to live”. It is found by finding the overlap between what you love, what you are good at, what the world needs, and what you can be paid for. Find your reason to be excited everyday and lead through it. 5) Build resilience: Focus on learning how to adapt to change, resilience is the ability to withstand adversity. Resilience is something that is often built unintentionally, simply through living life but we can also choose to build it. Choose the harder path and show others what's possible. I finish writing this post with a heavy heart knowing this was the final panel discussion of this Regional Leaders Programme. However, that being said, I am very much looking forward to seeing you all again at the closing lunch. #leadership #leadershipdevelopment #business

Space for growth: From CFO to CEO Getting ready to host a small group of incredible CFOs who are on the path to CEO for 2 days of rest, connection and growth. Being able to step up and grow into a new leadership identity can be challenging when your day job is all encompassing. 🗣️ As the infamous Ferris Bueller said, ‘Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.’ This is why our Beyond the Boardroom program has been intentionally designed to create the space for CFOs to stop and shift their thinking, so they can elevate their doing. So they don’t miss the opportunity to grow. 💡 Can’t wait to see what the next 2 days holds for these inspired, value-driven CFOs. I’m confident what they come up with will be game-changing not only for themselves, but their people, their businesses and their communities as well. PS. If you’re a CEO looking to elevate your CFO, please comment ‘Y’ below and we’ll be in touch to see how we can help. #ceos #cfos #retreat #beyondtheboardroom #cfoboardroom #cfoboardroomelite #thecfoamplified

When faced with poor performance, engaging the support of the Board of Directors is crucial for CEOs. Recent data shows that only 30% of business leaders rate their boards as effective, highlighting the need for improvement in board performance during challenging times. To tackle poor performance effectively, communication and engagement with the board are key. Mobilising the board team through the Chair's leadership is essential in driving necessary changes. It is vital to encourage open dialogue and prevent complacency among directors to address issues proactively. Practical steps to enhance board effectiveness include leveraging the chair's role in managing the board, encouraging participation from all directors, and adapting communication strategies to signal and address crises promptly. Utilising tools like 'The Six Thinking Hats' can facilitate constructive discussions and decision-making. For further insights on improving board performance and governance, look over the recent articles below. Share your thoughts and experiences on adapting board activities to drive transformation and turnaround successfully. [Link to the article on board effectiveness and performance improvement by PwC](https://lnkd.in/eFmrUXbd) [Link to the article on delivering a high-performing board by KPMG](https://lnkd.in/eaFkgZhd) #leadership #transformation #turnaround #boardgovernance

Interesting insights from our Finance Practice.

In today’s complex economic landscape, CFOs are focusing on three key areas—Transformation, Technology, and Talent—to drive long-term growth and resilience. 🚀🌐🧠 We’re illustrating these pivotal 'Three Ts' that every forward-thinking CFO is prioritizing. Are you on board with these strategies? How is your organization leveraging these pillars for future success? Let's discuss! 💬✨ Dive deeper into these strategic priorities in McKinsey's latest analysis: CFOs’ Balancing Act: Juggling Priorities to Build Resilience: https://buff.ly/4a8Gj03 🔗📊 #FutureOfWork #Leadership #CFO

🔍 A recent KPMG US survey reveals that 40% of senior leaders plan to lean more on strategic partnerships, but only a third feel their partner ecosystem aligns well with their #transformation goals. As change accelerates, aligning and orchestrating various moving parts is crucial. Misalignment can undermine even the most significant #tech investments. Proper alignment helps leverage resources, manage change, and engage people meaningfully. To truly deliver value in this dynamic environment, consider these key actions: 🔑 Maintain a holistic view of change across the enterprise. 🔑 Manage and sequence new initiatives to maximize firm-wide impact. 🔑 Align planning intervals, definitions, and processes for a unified approach. Discover how top performers are leveraging technology and reshaping their strategies here: https://lnkd.in/eDu9fTMF #KPMGAdvisory #KPMGConnectedEnterprise #DigitalTransformation #EnterpriseTransformation #Leadership