What should the Board and CEO expect of the Office of the CFO? This multifaceted aspect of the business touches upon all key areas of a company and is integral to optimum success. Properly executed, the role of the CFO is critical to the success of str...
What should the Board and CEO expect of the Office of the CFO? This multifaceted aspect of the business touches upon all key areas of a company and is integral to optimum success. Properly executed, the role of the CFO is critical to the success of strategy, control, execution and opt in optimization of a company. Understanding what to expect from the Office of the CFO is an important step in assuring a company achieves its mission. You can explore and measure the level of success of the role of the Office by evaluating the “Performance Expectations of the Office of the CFO” offered by the McCracken Institute.
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Mike McCracken has been the founder of many companies throughout his career including McCracken Alliance Corporation, McCracken Alliance Partners (MAP), McCracken Institute for Advanced Learning in Finance (MI), and Cogiliti LLC, all of which focus on the critical aspects of designing, building and executing the responsibilities of the Office of the CFO. All of the initiatives, programs and services utilized and offered by the McCracken group of companies stem from the McCracken Institute’s 10 Pillars of Finance™ as the building blocks for pursuing their mission to clients.
MAP provides CFO and financial leadership services to companies undergoing transition and complex change that need highly skilled project and interim leadership. Companies utilize MI’s finance-specific Leadership Develop Planning (LDP) tools and methods to provide a framework and supporting programs necessary to assure the right resources are in place to execute the Office of the CFO requirements.
MA has been instrumental in operating financial leadership networks and programs across the United States by partnering with leading universities. This provides a unique platform for participants, university faculty and the business community to engage in an ongoing sharing of knowledge and experience in support of advancing financial leaders. Notable programs include Leadership Finance® and Leading the Office of the CFO™, both of which support the growth of finance leaders in their journey to broader roles in finance. Recognition is a key component of leadership development, so MA created the FLY Awards™ sponsored by notable universities and leaders in the finance communities to recognize finance teams and finance individuals for meritorious successes.
Previously, Mike was a founder of Tatum LLC, which became the first National Professional CFO Firm with 37 practices throughout the U.S. Mike was also a partner with Ernst & Young LLP in New York, reporting to the Chairman and CEO.
Mike has been a CPA in four states and CMA, and he has served on numerous boards including serving as a founding member and executive chairman of more than 10 university-based executive leadership networks. He served for many years as a member of the Business Practices Council of the AACSB, the leading accreditation body for business schools globally.