#67 First 100 Days in Your New Finance Role with Dan Wells

Dan Wells and Kevin Appleby discuss how to make an impact in your first 100 days in your new finance role

You have just landed your dream job. Now your challenge is how to make an impact in that new finance role. You need to hit the ground running. What you do in your first hundred days in your new role is critical. If you get the first 100 days right then you will get the first year right. Get the first year right and you will set yourself up well to excel in years two and three.

The first 100 days are vitally important. There are multiple challenges you will need to address. You have a new team, you need to get to know them as individuals, assess their abilities, and understand their strengths and weaknesses. You also have new business colleagues, you need to get to know them, understand their issues and begin to build a successful working relationship.

On top of all this, you will need to find out how the business actually works, and understand its processes and systems. Particularly those you own or are directly responsible for.

Where are the issues? what do you need to fix? You will need a clear plan for those first 100 days, and you will need to execute the plan effectively.

In this episode, Kevin Appleby and Dan Wells go deeper into all of these issues and discuss how to approach the first 100 days in your new finance role; how to plan for those 100 days; what you can do even before your first day; and some of the things you can do to help execute your plan effectively.

Links

  • Enrol in our free course: “New Role: Your First 100 Days” covers all the things that Kevin and Dan discuss and goes into much more detail. If you are about to move into a new role then this course is ideal for you
  • Enquire about finance team training and development for your new team
  • Find out more about the GrowCFO mentoring team and how they can support you in your new role
  • Listen to the podcast: “Build a Heatmap for Change” with Susana Serrano-Davey, which focusses on a key activity in your first 100 days
  • Dan Wells on LinkedIn
  • Kevin Appleby on LinkedIn

Timestamp

01:16 People move roles on average every 3 years

01:57 Franklin D. Roosevelt and the origin of the first 100 days

04:15 The different challenges of an external appointment and an internal promotion

05:46 Think carefully about your No.2

08:00 Why were you appointed to the role? What are you expected to fix?

09:49 Getting up to speed with business as usual

10:34 The first 10 days in your new finance role. The settling in period

11:33 How to plan the next 90 days

14:40 The first 30 days: Fix

17:03 The middle 30 days: Blueprint

18:00 The final 30 days: Transform

19:05 Involve your team. Build a heatmap for change

22:00 The importance of mentoring

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