As a finance leader, you should look for breadth in your knowledge absorption. These will allow you to build high level understanding of a wide range of topics and have educated conversations with your stakeholders. Jim prefers to read articles and summaries that “net it out” for him, than reading a book where the point is made after 100 pages. A CFO should also try to spread that knowledge by forwarding key articles to relevant team members so they can also educate their work, conduct and conversations.
Time is a scarce commodity and consuming: relevant topics, at right level of depth, and from right sources are key factors.
Jim reads sales side analyst reports - to help understand how companies are positioning themselves, the way they manage their narrative and how investors are perceiving results. He reads insights from Korn Ferry and editorials from WSJ. Lastly, his other source of understanding is meeting professionals outside of work - bankers, attending cfo roundtables, investors.
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