Simplicient Controlling 8 – Number-Cruncher or Sparring Partner?

Controllers are number crunchers – aren‘t they? A controller is the person who comes to you with a long table, filled with numbers, and uses a red pen to highlight differences. Unfortunately, not anymore. Business or sparring partner (a term used often in recruiting finance managers) means more than that. To be brutally honest, C-level managers rarely care how much […]

Simplicient Controlling 7 – The CFO Profile to Fall in Love With

Back in September 2014, doitinvest.com published a researched white paper on the perfect profile of a Chief Financial Officer (in Central & Eastern Europe). It was quite well received, so I decided to revisit the topic today in this blog post, with more general notes. After browsing several articles (see bottom for sources) on the CFO job profiles, I found […]

“Good Charts” & “Good Charts Workbook” by Scott Berinato – two Harvard Business Review Books

There are many topics apparently simple but really difficult in practice – visual charting being one of my favorites. Why? Because in our professional lives a good chart can express a thousand words to very wide audiences – and thus strong charting skills can make a substantial difference between a good professional and a superb manager. “Good Charts” is branded […]

Simplicient Controlling 6 – Financial Performance Clearly Presented

How to clearly present your company’s financial performance? I am pretty sure that this question creates a lot of frustrations and discussions for various controllers, thus this short blog will offer a quick guidance on the practicalities. One of the typical controller’s tasks is to present to management the organization’s performance (financial and business wise). How does the finance manager […]

Simplicient Controlling 3 – Tech Skills for a Controller Still Relevant?

In its’ 2018 executive survey, AESC BlueSteps ranked the top 5 qualities that help global executives be successful (survey based). After “vision”, on a surprising place 2 came “technological mindset” – something that probably would not have made even the top 5 15-20 years ago. You (the finance controller / manager / CFO) might ask yourself: “What does this have […]

Simplicient Controlling 2 – To Reduce or Not… Your SG&A Expenses

In June 1999, when Carlos Ghosn was parachuted by Renault to a little known (outside Asia) car manufacturer named Nissan, his reputation should have preceeded him. Maybe the Japanese board of directors underestimated the „Le Cost Killer“ nickname he earned at Renault during the previous 3 years – or maybe they thought that one of the most inner-oriented markets in […]

Book Review – “8 Steps to High Performance: Focus On What You Can Change (Ignore the Rest)” by Marc Effron

As any business book worm could notice, there is no shortage of career advice books being published. According to our own doitinvest.com rough estimations, at least 200 titles are heavily pushed towards the English speaking exec-suite “wanna be’s”. Naturally, with so much noise, one normal reader does not stand a chance to read even 10% of these. Therefore the questions […]