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Editor's letter - How FDs can get hold of the top job.
(From Financial Director)
With few exceptions, most financial directors fall into one of two camps: those who believe they could do their chief executive's job better than he can, and those who are prepared to give it a try.
In other words, the majority of FDs harbour dreams of being top dog.
Make a list of the key attributes that make a good chief executive. Strategic thinking, understanding of finance, leadership, vision, communication skills and entrepreneurial spirit, perhaps. Few of these are things that FDs learned to master while studying SSAPs and management accounting.
More to the point, and as a very general rule, finance is more likely to attract graduates who think that spreadsheets are pretty cool, not those who prefer to talk about concepts of customer interaction.
And yet, our survey this month shows that FDs can actually make pretty good chief executives. Of the 58 FTSE-350 CEOs we found who used to be FDs, 34 have generated total shareholder returns better than the market's.
And half a dozen of those who are below ...
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- Press release article from: Business Wire December 16, 1999 700+ words
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- Butterfly seals at FDS.(News)
- Magazine article from: European Rubber Journal September 1, 2004 700+ words
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- Press release article from: PR Newswire March 4, 2008 700+ words
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- (FDS) SqueezeTrigger Price is $44.400. There is $645,869,376.00 That Short...
- Press release article from: M2 Presswire March 24, 2009 700+ words
...PRESSWIRE-24 March 2009-BUYINS.NET: (FDS) SqueezeTrigger Price is $44.400. There...monitoring Factset Research Systems Inc (NYSE:FDS) in real time and just received an alert...an aggregate amount of 81534061 shares of FDS have been shorted for a total dollar value...
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- Press release article from: M2 Presswire March 19, 2009 700+ words
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