Job Swapping and Career Development

As a middle market CFO, one aspect of my past experience at large corporations that I miss is the ability to develop talent throughout the accounting and finance team through job swapping and promoting from within.  In fast growing middle market businesses, there is ample opportunity for career development, but it stems from the growth of the company and the need for each person to wear multiple hats.  In larger corporations, you need to rotate people through different positions to diversify their skills, improve operations and prevent boredom.  In middle market companies, it’s not as easy or as necessary, but that doesn’t mean you shouldn’t do it.

If there aren’t enough positions within your accounting and finance team to make it happen, consider temporary job swaps with other departments.   Your financial folks might bring a new perspective to the sales or operations divisions and vice versa.  It will promote better teamwork, develop your talent pool and keep people engaged, just like it does at large corporations.

Your Company Is Only as Good as Your Writing

HBRAn article from the Harvard Business Review on the importance of good technical writing skills and why it should be a company-wide endeavor.  It even comes with a complete handbook.  No time for all that?  Here’s the shorter version:

  • Know your subject matter & your audience
  • Be clear, concise and well-organized
  • A picture is worth a thousand words
  • Review your work, edit and omit needless words

Win a free registration in Excel University Vol 1 online training – a $399 value

excel_university_logo_100A few weeks ago I blogged about the Microsoft Excel tips I had learned at a meeting of the Los Angeles chapter of the Institute of Management Accountants.  The presenter at that meeting, Jeff Lenning of Click Consulting, just notified me they have converted the content of Excel University Volume 1 into an interactive, self-paced training format, and it is now available through their online learning management system (LMS).  Click here for details.

The original blog entry was quite popular and generated many comments on the blog and in various LinkedIn discussion groups as well as many clicks through to the Click Consulting website.  As a thank you, Click Consulting has offered me the opportunity to give away one free enrollment in the new Excel University Vol 1 online training, a $399 value (currently on sale for $299).  To enter, simply join the LinkedIn Discussion Group “Middle Market CFO” on or before 7/31/13.  One member of that group will be chosen at random on 8/1/13 and the winner will be announced right there, in the Middle Market CFO discussion group on LinkedIn.  Good luck!

The National Center for the Middle Market’s 2013 Q2 Middle Market Indicator

d6arbkvd9cf095iaaq9o_biggerDespite sluggish M&A activity, the National Center for the Middle Market’s 2013 Q2 Middle Market Indicator report shows solid growth with optimism and hiring on the upswing.  For the full report, click the link below:

2q_13_mmi

How the CFO Can Become the CEO’s Collaborator in Growth

How the CFO Can Become the CEO’s Collaborator in Growth

Great article by Robert Sher in CFO magazine about how CFO’s at fast growing middle market companies should spend less time on accounting and more time building the leadership infrastructure to allow the firm to scale.  For the full article, click here.