GrowCFO has designed three finance leader challenges to help you overcome the most common personal challenges suffered within the community. Each of these will boost your performance across three capability attributes to help you become the best version of yourself.
Access the challenge event replays and guides.
Deliver your responsibilities | 24th – 26th January 2022
Finance leaders need to be good at influencing people and obtaining buy-in to make a large impact within your role. You are likely to have a unique financial perspective, strong commercial awareness and the best knowledge of your company’s performance data within your management team. This powerful combination makes your opinions extremely valuable and it is essential that you communicate these in an influential manner.
Finance leaders need to focus on maximising your team’s performance to help you make a large impact within your role. The strength and quality of your team significantly affects your ability to delegate time-consuming tasks to others and to trust your team members to deliver high quality output. However, leading an under-developed finance team will eventually deteriorate your own performance. This will also reduce your ability to create value within your company whilst delivering the business plan.
Lots of finance leaders are feeling overwhelmed with tasks and need to take action to avoid this derailing your career and impacting on your work-life balance. Being overwhelmed makes it difficult to free up time to focus on more value enhancing tasks and to help deliver your company’s business plan. It can also have a huge impact on your level of job satisfaction and overall energy levels.
Interacting with others | 1st – 3rd November 2021
A large number of finance leaders highlight the need to improve your gravitas and perception. Many feel that they are not always properly listened to during key discussions and that most people think of them as simply being the numbers person. This restricts your ability to influence the wider business agenda and to exert influence during decision-making.
Lots of finance leaders have underdeveloped or poor relationships with key individuals in the workplace. This makes it difficult to create the impact that you need to within your finance leader role. It also has the potential to completely derail you during important team presentations or when trying to influence a big decision.
Lots of finance leaders have underdeveloped or poor relationships with key individuals in the workplace. This makes it difficult to create the impact that you need to within your finance leader role. It also has the potential to completely derail you during important team presentations or when trying to influence a big decision.
Making more impact | September 2021
Many finance leaders struggle to contribute sufficient time towards strategy. People typically spend too long on low value recurring tasks, which makes it hard to free up time for other things. It is essential that you contribute more towards strategy within your finance leader role to justify your job title and remuneration package.
Most finance leaders would benefit from trying to make more impact in Board meetings. This is extremely important for your reputation and provides you with a huge opportunity to influence strategy and change initiatives. Many people struggle to make more impact in Board meetings due to suffering from Imposter Syndrome.Â
The vast majority of finance leaders suffer from a lack of confidence at some stage during their career and would significantly benefit from trying to overcome Imposter Syndrome. Imposter syndrome is where you do not feel worthy or believe that you have been promoted too quickly into a role. It is also the belief that everything could come crashing down when someone realises that you are not good enough for your role.
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