Steven Taylor’s Post

We know that a finance team is more than just crunching numbers- building a sense of purpose matters just as much as in any other sector. When people see WHY their work matters, they’re more engaged and proactive. Streamline repetitive tasks, open up communication, and invest in growth to turn a disengaged team into true problem-solvers. #FinanceLeadership #TeamEngagement #Motivation #WorkplaceCulture

Does your employees keep messing up their work, even when they are trying their best then there is only one reason behind this lack of proper priority structure!(1 min read) If your employees keep messing their work and doesn't work efficiently and they also complain about company confusing work environment than this can be solved easily in two steps. This problem is happening because employee get work from superior A and start working and middle of work he get another work from superior B, now he start doing work of superior two and when deadline come he was unable to complete both task! So, How you can solve this problem in two steps? Easy Step 1: First make a priority structure or superior-subordinate relationship like who can give work to an employee. Less people to give command leads to less chance of confusion. Ideally there should be only one person giving command, but this is not practical for most of businesses as they have different managers at different level, then you can use power structure. There is a CFO in company under whom come department of finance and department of finance come department of finance for Clothing. Now if a employee work in department of finance for Clothing then he should follow command of his current superior head of finance of clothing department, but if he get command from CFO then he should give priority to CFO work because CFO hold more power and can dismiss task given by head of finance of clothing department. But there is one more problem what you should do when you get work from CFO in middle of task you working on? Here come step 2 to save you: He should focus on his current task if he can complete it without impacting CFO task. example CFO gave him a task to do under 2 days and he is currently working on a task that took only 1 hour to complete then he should first complete his task and if he can't complete task without impacting CFO work then he should inform about this to CFO and do work according to CFO orders. This is basic principles used by big companies. I am thinking about explaining principle of management by Father of modern management Henry fayol. would you like to learn about those principles tell me in comments. I am DEVRAJ your financial Coach and it's day 29 out of 100

Fear-Free Finance. Great financial management is the lifeblood of a successful business. Understanding your enterprise's fiscal pulse is essential for making informed strategic decisions, managing risk, and driving sustainable growth. While many entrepreneurs are adept at running their businesses, they often seek the expertise and financial acumen that a virtual Chief Financial Officer (CFO) offers. CFOs oversee the financial health of an organization, acting as trusted advisors to the CEO and the rest of the leadership team. They ask the difficult questions, solve complex problems, and recommend decisions that drive company growth. And now the availability of a part-time CFO enables experienced professionals to provide critical financial insights to emerging and mid-sized businesses when they need it most. Enter Alan J. Beaulieu, a proven corporate financial services leader with extensive experience in the oil and gas sector, not-for-profit organizations and ecommerce. He brings a road-tested understanding of financial and corporate controls, reporting, compliance, systems, and leadership. Well-versed in the cultural, business, and statutory nuances of international ventures, his role at Guildstreet is to assist emerging, small, and mid-sized businesses with financial and corporate guidance, system implementation, and to cultivate sustainable relationships with business partners and external stakeholders. In this role, he leverages his wealth of experience with industry giants and complex regulatory bodies to drive growth and success for Guildstreet’s clients. Read the rest of Alan's interview and download our free e-book, "Seven Questions for your Small Business CFO," for practical financial guidance tailored to your needs here: https://lnkd.in/g49tnQzp Contact us at info@guildstreet.ca or 403-807-2075 to learn more about our services. #BusinessGrowth #FinancialLeadership #CorporateFinance #SmallBusiness #Entrepreneurship #Leadership #Guildstreet #AlanBeaulieu #StrategicPlanning

It’s been a tough year for Finance teams, make sure you are doing this to avoid burning your team out!     For most companies this year, there have been elements of cost-cutting.   This has resulted in reduced resources or reduced headcount, sometimes both. The result? Overworked Finance teams and leaders juggling mounting demands while trying to maintain productivity.   It's not just getting the work done, but doing it without burning your team out.     It's critical to have a plan in place for what the priorities are for your team and aligning it with the financial strategy of the business.   Here's how to approach it:     1️⃣ Align Priorities with Business Strategy - Every task your team takes on should connect directly to the company’s financial goals. - Define what success looks like and ensure your team is focused on the right things.   2️⃣ Set Clear Filtering Criteria - Not every request deserves immediate attention. - Develop a clear, pre-set framework for evaluating incoming requests. - This helps filter out noise and ensures your team focuses on tasks that add real value.   3️⃣ Empower Your Team to Say No - Make it clear that you’ve got their back. - When requests fall outside the agreed priorities, give your team the confidence to push back.   4️⃣ Regularly Review & Recalibrate - Business needs evolve, and so should your plan. - Schedule regular reviews to ensure workloads remain balanced and aligned with broader goals. This allows your team to act with confidence that you have their back and aren't pressured to take on additional requests, when the business demands it.   Give this a try and let me know when you start seeing results!

Leadership and Management in Finance: Navigating the Future In today's fast-paced financial landscape, effective leadership and management are more important than ever. As we face new challenges and opportunities, finance professionals must adapt their strategies to lead teams successfully and drive results. we'll explore key principles of leadership and management in finance that can help you thrive in your role. 1. Embrace Change The finance industry is constantly evolving due to technological advancements, regulatory changes, and shifting market dynamics. As a leader, it's essential to embrace change and encourage your team to do the same. Foster a culture of adaptability by promoting continuous learning and open communication. This will empower your team to respond effectively to new challenges. 2. Build Trusting Relationships Trust is the foundation of effective leadership. Invest time in building strong relationships with your team members. Be transparent in your decision-making processes, actively listen to their concerns, and provide constructive feedback. When your team feels valued and trusted, they are more likely to be engaged and motivated. 3. Set Clear Goals Clear goals provide direction and purpose for your team. As a leader, it's crucial to set specific, measurable, achievable, relevant, and time-bound (SMART) goals. Involve your team in the goal-setting process to ensure everyone is aligned and committed to achieving those objectives. 4. Encourage Collaboration Collaboration is vital in finance, where diverse perspectives can lead to better decision-making. Create an environment that encourages teamwork and open dialogue. Use collaborative tools and platforms to facilitate communication among team members, especially if you are working remotely. 5. Lead by Example As a leader, your actions speak louder than words. Demonstrate the values and behaviors you expect from your team. Whether it's maintaining a strong work ethic or showing integrity in decision-making, leading by example sets the tone for your team's culture. 6. Invest in Development Investing in your team's professional development is crucial for long-term success. Provide training opportunities, mentorship programs, and resources for skill enhancement. When employees feel supported in their growth, they are more likely to remain engaged and contribute positively to the organization. Effective leadership and management in finance require a blend of adaptability, trust-building, goal-setting, collaboration, leading by example, and investment in development. By applying these principles, you can create a thriving environment that not only meets the challenges of today but also prepares for the opportunities of tomorrow.Let’s embrace these strategies together as we navigate the future of finance! #Leadership #Management #Finance #Teamwork #ProfessionalDevelopment #ChangeManagement #FinanceLeadership #BusinessGrowth #FinancialServices #CareerDevelopment

🚀 Unlocking Potential: Tackling Underperformance in Your Finance Team 🚀 Is your finance team facing challenges with underperformance? 🤔 The implications can be far-reaching, affecting everything from team morale to strategic decision-making. In our latest newsletter, we delve into: 🔍 The ripple effects of underperformance 💼 The personal and professional pressures on CEOs and CFOs 🔧 Effective strategies to address and resolve performance issues 🌟 The importance of bringing in the right talent to elevate your team As a CEO, CFO, or Head of Finance, understanding and addressing these challenges is crucial for your company’s success. Don’t let underperformance hold your team back! Read the full newsletter to discover actionable insights and solutions. 📩 https://lnkd.in/dDrnP5PT Ready to strengthen your finance team with top-tier talent? Book a call with us at BTG Recruitment today! Let’s transform challenges into opportunities together. 💪 #FinanceLeadership #Accountancy #Recruitment #BTGRecruitment #TeamPerformance #CFO #CEO #FinanceSkills #Newsletter

🚀 Unlocking Potential: Tackling Underperformance in Your Finance Team 🚀 Is your finance team facing challenges with underperformance? 🤔 The implications can be far-reaching, affecting everything from team morale to strategic decision-making. In our latest newsletter, we delve into: 🔍 The ripple effects of underperformance 💼 The personal and professional pressures on CEOs and CFOs 🔧 Effective strategies to address and resolve performance issues 🌟 The importance of bringing in the right talent to elevate your team As a CEO, CFO, or Head of Finance, understanding and addressing these challenges is crucial for your company’s success. Don’t let underperformance hold your team back! Read the full newsletter to discover actionable insights and solutions. 📩 https://lnkd.in/dDrnP5PT Ready to strengthen your finance team with top-tier talent? Book a call with us at BTG Recruitment today! Let’s transform challenges into opportunities together. 💪 #FinanceLeadership #Accountancy #Recruitment #BTGRecruitment #TeamPerformance #CFO #CEO #FinanceSkills #Newsletter

Are you running your finance function like a small town, local business or a professional corporation? Are you spending all your precious time just getting through your task list? Or are you really setting your team up for growth and success?... #FinanceLeadership #BusinessGrowth #LeadershipSkills