Financial operations for small portion

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Reference no: EM133090867

You are the leader of financial operations for a small portion of a company. Both accounts payable and receivable report to you. You, in turn, report to the company's comptroller. How do you, from your dark and dusty office without windows on the third floor, put Peter Drucker's advice into motion?

1. Achieving your vision: Perhaps your vision for the department is to be the best finance department in the company, outperforming the financial departments that support the company's other areas. Your job as leader is to tie that vision to the goals and beliefs of your employees.

2. Explain your reasoning: The leader-manager often has to make unpopular decisions, and when he or she does, an explanation of the reasoning behind that decision can help the leader earn the respect of employees.

3. Achieve goals: Businesspeople who have subordinates at almost every level will agree that inspiring others is their most important function. But most understand that accomplishing goals is the central concern of the work they're doing. Without accomplish tasks, there is no productivity, no profit.

4. Provide solutions: As a leader-manager, you will need to assess the roadblocks you see and innovate new solutions to overcome them. Some may work and some may not.

Reference no: EM133090867

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