CFO Program Online Course
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Module 1: Embed finance across the company5 Lessons
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Module 2: Identify profit and cash initiatives7 Lessons
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Module 3: Oversee and drive business change13 Lessons
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The CFO’s role in driving change
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Driving change across your business: Top tips from a finance leader
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How to encourage innovation across your workforce
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The emotional reaction to a change initiative
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Obtaining people’s buy-in
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Change management: Create a sense of urgency
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Change management: Build a guiding coalition
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Change management: Form a strategic vision
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Change management: Enlist a volunteer army
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Change management: Enable action by removing barriers
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Change management: Generate short term wins
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Change management: Sustain progress
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Change management: Embed the changes
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The CFO’s role in driving change
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Module 4: Deliver data-driven strategic insights6 Lessons
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Module 5: Challenge your Board and influence strategy9 Lessons
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Challenging your CEO and Board
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Challenging the board – A CFO’s perspective
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The CFO’s role in influencing strategy
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The five levers of influential CFOs
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Providing your unique perspective
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Demonstrating you are more than a numbers person
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Ensure that you are always consulted
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How to avoid being seen as the blocker
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Adding value: A CFO’s perspective
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Challenging your CEO and Board
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Module 6: Drive key decision-making11 Lessons
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The modern-day decision-making process
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Gathering the facts
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How Data Savvy is your Board?
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Using data to help business activities
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Support decision-making with data
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Express your opinion
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Communicating financial information to non-finance people
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Reading a situation
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Knowing when to compromise
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Managing conflict at Board level and beyond
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Driving a group consensus
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The modern-day decision-making process
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Module 7: Represent your business externally6 Lessons
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Module 8: Become a critical and influential voice5 Lessons
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Module 9: Deliver the business plan7 Lessons
Change management: Build a guiding coalition
Dan Wells October 11, 2023
A guiding coalition is a group of people who come together to provide support and direction during organizational change. This type of coalition can be helpful for change management leaders because it can provide much-needed resources, advice, and assistance during the implementation process. Additionally, a guiding coalition can help hold leaders accountable for their actions and help ensure that the change process is executed effectively.
Techniques
There are a few key things that change management leaders should keep in mind when building a guiding coalition:
First, it is important to identify individuals who are influential and respected within the organization. These people will be essential in helping to gain buy-in from other employees and stakeholders. Additionally, these individuals should have a vested interest in seeing the change process succeed.
Second, it is important to keep the size of the coalition manageable. Too many people can make decision-making and coordination difficult. Additionally, it is important to ensure that all members of the coalition are committed to working together for the common goal.
Finally, it is important to set clear goals and objectives for the coalition. Without a clear purpose, it will be difficult for the group to stay focused and on track. Additionally, setting goals will help ensure that everyone is working towards the same end goal.
Summary
Building a guiding coalition is an important step for change management leaders who want to implement change effectively. By following these tips, leaders can ensure that they have the support and resources they need to successfully navigate the change process.
Full workshop recording
Here is a full workshop recording of a GrowCFO Change Management workshop that discusses this topic in more detail: