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Moving into a strategic role.

Advice please from the well-versed and esteemed Proformative community. Just landed a new role, and one of the hurdles was that I have not had a strategic aspect to my prior responsibilities. All in all, this represents a great opportunity for me, and one I have wanted for years. Now that it is here - any advice on how to position myself for success? There are the usual accounting considerations, and I realize that I am already dwelling on these items as they fall within my "comfort zone" and I simply would not ignore them but I am concerned I could miss the proverbial bus on other important areas.

Answers

Anders Liu-Lindberg
Title: Regional Finance Business Partner
Company: Maersk Line Northern Europe
LinkedIn Profile
(Regional Finance Business Partner, Maersk Line Northern Europe) |

Explore the business finance/finance business partnering concept further. I have written quite a few blog posts here on Proformative on the topic. Also feel free to send me a PM to discuss further

Bryan Fritz
Title: Taoist Finance Officer
Company: Business Consultant
LinkedIn Profile
(Taoist Finance Officer, Business Consultant) |

In the last three years I went through a similar process and this is what I did...

1) Educate yourself - Read a ton of books, Proformative courses, youtube, articles

2) Master concepts from a thousand foot view to get your mind out of the forest. I find using models to be the best technique for this. Here is a great business model concept I use with strategy www.businessmodelgeneration.com (Business model canvas)

3) Have lunch with people who are already skilled in strategy and ask them questions.

Honestly, if you read enough books you will start to think very differently about business. Good Luck!

Mark Matheny
Title: VP - FInancial Planning and Analysis
Company: Novolex (formerly Hilex Poly)
(VP - FInancial Planning and Analysis, Novolex (formerly Hilex Poly)) |

I would recommend finding a mentor. If there is not someone within your company, look outside.

Len Green
Title: Performance Improvement Consultant and E..
Company: Haygarth Consulting LLC
LinkedIn Profile
(Performance Improvement Consultant and ERP Strategist, Haygarth Consulting LLC) |

Yesterday there was a great webinar on Strategy
https://www.proformative.com/events/ensuring-your-strategy-maps-are-strategic

Read Michael Porter's books on strategy.

I blogged on this at https://www.proformative.com/blogs/len-green/2013/09/24/cfo-protection-or-productivity-role

Go ask non-finance leaders (e.g. sales, ops) what they think makes a good business partner for them in terms of defining and executing strategy.

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