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
Participants 7431
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To ensure the success of any change initiative, it is crucial that change management leaders take a holistic and fully embedded approach. This means considering all the different factors that can impact the changes being made, from the organizational culture to the individual employees. By doing so, leaders can develop a plan that factors in these different elements into account, which increases the chances of successfully implementing the changes.
While it may seem like a lot of work to take such a comprehensive approach, it is worth it in the long run. By fully embedding the changes, leaders can avoid potential problems down the road and ensure that their organizations are able to successfully adapt to whatever new challenges come their way.
Proven methodology
Here are five ways that you can ensure you embed the changes that are required from your change initiative:
- Assess the current state of the organization and its culture
- Develop a plan that takes all the different elements into account
- Be willing to adjust the plan as needed
- Communicate with all stakeholders throughout the process
- Evaluate the results of the changes once they have been implemented.
By following these steps, leaders can increase the chances of successfully embedding the changes into their organizations. It may take some extra effort, but it will pay off in the end. Your organization will be better for it.
Summary
It is vital that change management leaders fully embed the changes to realise the benefits of your change initiatives. Be prepared to change your plan if necessary and make sure that you evaluate the results of the changes once they have been implemented. It may take some extra effort, but it will pay off in the end and your organization will be better for it.
Full workshop recording
Here is a full workshop recording of a GrowCFO Change Management workshop that discusses this topic in more detail: